Earnings season is officially here as the big banks weighed in this week. Although the quarterly reports have yet to come through for the denizens of the FinTech IPO Index, there was a notable bit of earnings-related news that sent the stock of Katapult soaring,...
The first few trading days of 2025 saw the FinTech IPO Index log a 1.2% gain — where one notable triple-digit surge led the pack. Overall, however, a spate of declining names blunted the momentum of the Index as a whole. Janover Leads the Pack...
FinTechs are reportedly boosting marketing in bigger cities to attract a wider customer base. In the last three years, ad spending by these companies has climbed by more than 45% on average, Bloomberg News reported Sunday (Jan. 5). The 45% figure, the report said, comes...
By any stretch of the imagination, for the FinTech IPO Index, the last 12 months have been largely kind. Headed into 2025, the index was up more than 58% through the previous year, far outpacing the Nasdaq’s 28.6% advance through the same period. With those...
The last few trading days bridged two separate years for the FinTech IPO Index, as the last calendar page turned on 2024. And as Thursday’s trading wrapped up, ushering in the first volatile day in the markets for 2025, the overall markets got off to...
The new year looms, and for the FinTech IPO Index, with a year-to-date performance that tops a 64% return, 2024 has been kind, to put it mildly. December alone, as of Thursday’s close, marked an 18.4% gain. In the past several sessions, it was the...
It was a tough week for the FinTech IPO index, with last week’s rally fading in the face of some year-end trades and news events. Every company, except OppFi, was down, leading the index to drop a shade over 6% for the week. Among the...
Now that’s a rally. In what was inarguably the most explosive five trading days of its history, the FinTech IPO Index surged 22.5%, and now stands more than 68% higher year to date. And a key part of the stellar performance can be attributed to...
The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the FinTech IPO Index saw the inverse of that momentum, sliding 1.6%. Toast and nCino Lead to the Downside Toast’s stock...
