FinTech IPO Index Gains 2.3% as Digital Surges Ahead of Earnings

The FinTech IPO Index was 2.3% higher in a week that saw the platforms roar ahead — many of them by double digits — in anticipation of earnings reports that won’t come until next month.

Expensify shares were more than 33% higher for the week, followed by Lemonade, up 25.5%. MoneyLion’s stock surged 24.2%.

There were, of course, earnings reports to be had among the firms populating the index.

SoFi shares rose 2.1%. As PYMNTS reported this past week, SoFi Technologies’ cross-selling continues...