Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly reports proved to be common through the last several sessions. NerdWallet shares gave up 28.1%....
A volatile week on Wall Street is bringing the third quarter to a close. And for the FinTech IPO Index, the slight gains of 0.2% came as platforms and international names showed some outsized momentum. Blend stock surged 12.6%. In an announcement, Blend disclosed the...
Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive returns year to date are getting winnowed down. The index is up just under 7% since 2023 dawned. Interest rates...
For the FinTech IPO Index, the rally fizzled quickly. After a surge into the first few weeks of the new year — notably, double-digit gains last week — the index slipped 0.6% through the past five sessions. Blame the macro data from this...
August 02, 2024
Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on the heels of various quarterly reports proved to be common through the last several sessions. NerdWallet shares gave up 28.1%. The latest earnings results showed that revenues were 5% higher […]
September 29, 2023
A volatile week on Wall Street is bringing the third quarter to a close. And for the FinTech IPO Index, the slight gains of 0.2% came as platforms and international...
March 23, 2023
Bank runs were only part of the story this week. And as the FinTech IPO Stock Index sank for another week, down 2.5%, the positive returns year to date are...
January 20, 2023
For the FinTech IPO Index, the rally fizzled quickly. After a surge into the first few weeks of the new year — notably, double-digit gains last week — the index...
August 05, 2024
Blend and Astra have partnered to enable financial institutions to add card funding to their deposit accounts. With this collaboration, financial institutions that use Blend’s platform for digital banking solutions will also be able to use Astra’s instant-payments-as-a-service offering to enhance the digital onboarding experience for consumers looking to fund their new deposit account, the companies said […]
September 27, 2022
PNC Bank will partner with cloud banking software company Blend, in order to digitize the mortgage application process, a press release said. Customers will now be able to apply digitally...
November 08, 2021
Document automation platform Ocrolus and cloud banking platform Blend announced Monday (Nov. 8) a strategic partnership that will embed Ocrolus’ Human-in-the-Loop (HITL) document analysis solution within the Blend platform to...
July 06, 2021
The digital lending platform Blend Labs Inc. is going public. The company announced Tuesday it had launched the roadshow for the initial public offering (IPO) of 20 million shares of...
