Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or for modernizing payments between merchants and consumers — were dominant in the headlines. With stocks remaining volatile in the wake of those earnings...
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the past five sessions as nCino’s stock soared 23%. The company’s latest earnings results showed that total revenues for...
Open Lending appointed its chief financial officer, Chuck Jehl, to the additional roles of chief operating officer and interim CEO after Keith Jezek resigned as CEO and board member. This leadership change is effective immediately, with Jezek remaining available to advise the company on the transition, Open Lending said...
Headed into the end of January, and with earnings season in full swing, the FinTech IPO Index was up a slight 0.5%. Earnings Capture Headlines SoFi’s stock was up 1%, leading the headlines tied to the quarterly results that come in a torrent every three...
June 21, 2024
The holiday-shortened week saw the FinTech IPO Index slip 2.1%. Year to date, the index has eked out a meager 2.3% gain. Apple’s continued push into payments — and specifically, paying over time — grabbed its share of headlines this past week. Apple, Affirm in Spotlight Shares in Affirm slid more than 15% through the […]
May 17, 2024
Call it the week of the platform. Earnings reports from firms that focus on bringing supply and demand together — in lending, for example, or for modernizing payments between merchants...
March 29, 2024
Earning season’s set to begin in just a few weeks — but we’re still not quite done with, well, earnings season. The FinTech IPO Index was up 0.3% through the...
February 02, 2024
Headed into the end of January, and with earnings season in full swing, the FinTech IPO Index was up a slight 0.5%. Earnings Capture Headlines SoFi’s stock was up 1%,...
March 25, 2024
Open Lending appointed its chief financial officer, Chuck Jehl, to the additional roles of chief operating officer and interim CEO after Keith Jezek resigned as CEO and board member. This leadership change is effective immediately, with Jezek remaining available to advise the company on the transition, Open Lending said in a Monday (March 25) press release. In the same release, […]
February 09, 2023
Open Lending is expanding its car financing program to meet a demand for older vehicles. The Austin-based lending platform, which facilitates car loans, announced Thursday (Feb. 9) that it had...
