Futu news and trends

FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
Fintech Investments // August 23, 2024

It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot of the action took place overseas this week. Chinese FinTech Futu, which still tops the index with a 300-point percentage...

FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season
IPO // July 12, 2024

Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements. Upstart Leads the Momentum Upstart shares gathered more than 16% through the week.  Upstart announced that  Texans Credit Union, one...

FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale
Fintech Investments // May 19, 2023

The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. And of course, beyond the revenues and various customer metrics detailed in those quarterly reports, there were firms that had non-earnings headlines of their own.   Upstart...

FinTech IPO Index Down 3.7% as Tech Stocks Face Continued Carnage  
Investments // December 22, 2022

The rout that tech stocks faced on Thursday captures all the pressures faced by the FinTech IPO names … and captured them in a nutshell. Economic data fueled fears of continued rate hikes, as U.S. GDP rose 3.2% year over year in the third quarter....

Interviews & Exclusives
FinTech IPO Gains 3.7% as Upstart and Paymentus Lead Platforms Higher

October 18, 2024
Earnings season is barely a week old. While the headlines have centered on big banks, Wall Street trading and credit card spending, the deluge of quarterly reports has yet to be seen from the digital upstarts populating the FinTech IPO Index. We’ll get there for sure. But in the meantime, in the past week, the […]

FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results

August 23, 2024
It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot of the action took place...

FinTech IPO Index Surges 3.5% on Partnership Announcements Ahead of Earnings Season

July 12, 2024
Earnings season’s about to begin – on Friday, but the FinTech IPO Index’s 3.4% rally these past five sessions came amid several new partnership announcements. Upstart Leads the Momentum Upstart...

FinTech IPO Index Gains 2.4% as Upstart Soars on Consumer Loan Sale

May 19, 2023
The FinTech IPO gathered 2.4% in a week that saw the last few remnants of earnings reports trickle in. And of course, beyond the revenues and various customer metrics detailed...