Fintechs delay IPO plans, focus on profitability amid recession fears

Investment in fintech is slowing as worries around rising inflation and the prospect of higher interest…

Affirm, Upstart Help FinTech IPO Index

Not bad. Relatively speaking, that is. In a week where sentiment in the stock market has…

$33bn-Valued Fintech Rules Out 2022 IPO, Focuses on Growth

SoftBank-backed fintech Revolut has ruled out an IPO in 2022 as the fintech focuses on growth.…

Chime’s IPO Move Fires up Digital Banking

In today’s FinTech news, Chime’s move toward an initial public offering (IPO) has turned the spotlight…

Buffett-backed Nubank rises in trading on the NYSE in blockbuster IPO

Shares of Brazilian fintech company Nubank closed up nearly 15% in its market debut Thursday on…

Warren Buffett’s Berkshire Hathaway plowed about $250 million into Nubank’s IPO, report says. The Brazilian fintech’s ties to Sequoia Capital may help explain why.

Warren Buffett. Lucas Jackson/Reuters Warren Buffett’s Berkshire Hathaway invested about $250 million in Nubank’s IPO this…