Nubank — the digital challenger bank that recently became the most valuable bank in Latin America — reportedly is considering moving its legal base to the United Kingdom. The bank’s holding company, Nu Holdings, has been working with the British government to make the move,...
Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for the first time since 2021. From April 16 through May 23, Nu’s new yield will be 14.75%, Bloomberg reported Tuesday (March 26)....
The last few names are coming in with their earnings reports — and while September’s quarter end seems long ago and far away, investors largely cheered the FinTech IPO names that disclosed results. The FinTech IPO Index was up 5.1% this past week. MoneyLion Leads...
For the FinTech IPO Index, it’s been a long journey — down. On a day that saw Nasdaq plunge 2.5%, and in a month that brings COVID-19 near the three-year anniversary of being termed a pandemic, it’s worth taking the pulse of how various FinTech...
November 22, 2024
The FinTech IPO Index was 3.8% higher this past week, as Lemonade and Affirm were at the forefront of gainers, up a respective 58.5% and 23.6%. A broad-based rally in the overall markets Thursday — as tech stocks got a boost from Nvidia’s earnings – helped with momentum. As for Lemonade, the stock’s jump extended a […]
November 17, 2023
The last few names are coming in with their earnings reports — and while September’s quarter end seems long ago and far away, investors largely cheered the FinTech IPO names...
February 22, 2023
For the FinTech IPO Index, it’s been a long journey — down. On a day that saw Nasdaq plunge 2.5%, and in a month that brings COVID-19 near the three-year...
November 20, 2024
Nubank — the digital challenger bank that recently became the most valuable bank in Latin America — reportedly is considering moving its legal base to the United Kingdom. The bank’s holding company, Nu Holdings, has been working with the British government to make the move, Bloomberg reported Wednesday (Nov. 20), citing unnamed sources. The holding […]
March 26, 2024
Digital bank Nu Holdings will lower the yield on its high-yield savings accounts in Mexico after the country’s central bank cut its key rate for the first time since 2021....
