Affirm

FinTech IPO Index Soars 13% on Paya Deal, BNPL Rally
FinTech IPO Index Soars 13% on Paya Deal, BNPL Rally
January 12, 2023  |  IPO

In a rally that sent all names higher, FinTech IPO Index soared 13.5% through the week. That’s a milestone — the first time it’s happened...

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FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
FinTech Index Cut in Half Amid Year of the ‘Busted IPOs’ 
January 03, 2023  |  IPO

The carnage that hit the FinTech IPO Index last year was nearly absolute. One number says it all, perhaps, at least in shorthand: The Index...

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CE 100 Index Falls 2.5% Amid Roblox Stock Rout
CE 100 Index Falls 2.5% Amid Roblox Stock Rout
December 19, 2022  |  Connected Economy

The CE 100 Index sank 2.5% as even “fun” names fell amid a Roblox stock drop. And headed into the final two weeks of what’s...

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Retail Sales Data Helps Send FinTech IPO Index 3.5% Lower
Retail Sales Data Helps Send FinTech IPO Index 3.5% Lower
December 15, 2022  |  IPO

Stocks, including those of the FinTech IPO Index, slumped as retail sales data disappointed. As PYMNTS reported Thursday (Dec. 15), retail sales in November declined...

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CE 100 Index Slips as WeWork Plummets 23%
CE 100 Index Slips as WeWork Plummets 23%
December 12, 2022  |  Connected Economy

Recession fears mounted this past week, and stocks tumbled. 2022 is largely in the rearview mirror, and in looking ahead, investors — and some heavy...

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Walmart Reportedly Preps Its Own Affirm BNPL Challenger
Walmart Reportedly Preps Its Own Affirm BNPL Challenger
December 08, 2022  |  Buy Now Pay Later

Walmart reportedly plans to offer buy now, pay later (BNPL) through a company it backs.  The BNPL will be provided by the Walmart-backed FinTech venture...

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CE 100 Gains 3.1% as Tencent Leads Payment Names Higher
CE 100 Gains 3.1% as Tencent Leads Payment Names Higher
December 05, 2022  |  Connected Economy

Connected economy names surged as investors cheered signs of resilient consumer spending. To that end, the CE 100 Index outpaced the broader markets, gaining 3.1%...

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Zilch Latest BNPL Firm to Lay Off Staff
Zilch Latest BNPL Firm to Lay Off Staff
November 29, 2022  |  BNPL

U.K.-based BNPL firm Zilch is reportedly laying off staff as it looks to cut costs. The Zilch layoffs, first reported in the Evening Standard on...

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FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
FinTech IPO Index Leaps 8.9% Thursday but Upstart Signals Tough Times Ahead
November 11, 2022  |  Investments

As impressive as Thursday’s (Nov. 10) historic market advance was — including the 8.9% jump in the FinTech IPO Index — a one-day rally does...

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