The past few weeks were marked by rallies in names domiciled outside the United States — particularly those based in Asia — which boosted the fortunes of the FinTech IPO Index a bit. But what goes up must come down. And in a dramatic reversal...
Stocks had a historic week, as the Dow hit new highs and the Fed made a bit of history of its own — and the FinTech IPO Index soared 4.5%, buoyed by the platforms. The conventional wisdom, in the wake of a 0.5% cut by...
Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings. Sezzle kept up its post quarterly-report momentum, leaping more than 53% through the past five sessions. The recent Sezzle gains...
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...
November 15, 2024
Stocks took a breather on Thursday (Nov. 14), but the general trend of the FinTech IPO Index was up and to the right. This week, as has been seen through the last several weeks, earnings continued to roll in, as buy now, pay later (BNPL) continued to make a splash. Sezzle continued its torrid post-earnings […]
October 11, 2024
The past few weeks were marked by rallies in names domiciled outside the United States — particularly those based in Asia — which boosted the fortunes of the FinTech IPO...
September 20, 2024
Stocks had a historic week, as the Dow hit new highs and the Fed made a bit of history of its own — and the FinTech IPO Index soared 4.5%,...
August 16, 2024
Earnings powered the FinTech IPO Index 5% higher in a week that was, as has been the case for the last month, dominated by earnings. Sezzle kept up its post...
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...
