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FinTech IPO Index Adds 0.5% as SoFi Weighs In With Earnings

Headed into the end of January, and with earnings season in full swing, the FinTech IPO Index was up a slight 0.5%.Earnings Capture HeadlinesSoFi’s stock was up 1%, leading the headlines tied to the quarterly results that come in a torrent every three months. SoFi Technologies latest earnings report saw net new member adds of nearly 585,000 represented 44% growth for a total of over 7.5 million members at the close of the fourth quarter.More than half of newly funded SoFi Money accounts are setting up direc ...