The earnings deluge is what moved names this past week — and for the FinTech IPO Index, the movement was mostly to the downside. The index lost 1.8%, led by Oportun Financial, whose shares plunged by 55.8%. The company said this week that it is laying...
The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech IPO Index was up 0.5% across the past five trading sessions. As for the platforms themselves, Beike Finance gained 17.5%,...
May 03, 2024
A 3% gain in the FinTech IPO Index this past week was led by the platforms. And in many cases, those firms have yet to report earnings — so, perhaps, let’s call this an anticipatory rally. Katapult, the lease-to-own platform, saw its shares leap 49.7% through the past five sessions. The company filed its 10-K […]
November 10, 2023
The earnings deluge is what moved names this past week — and for the FinTech IPO Index, the movement was mostly to the downside. The index lost 1.8%, led by...
July 28, 2023
The platforms held sway this past week, gaining some ground ahead of earnings due through the next several days. And as a result, the FinTech IPO Index was up 0.5%...