’s public market debut was


Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. finally went public last week, and the stock’s performance was worse than expected. Affirm, on the other hand, saw its shares get a boost on the back of a better-than-expected earnings report. There was also a mega-raise, and an acquisition too. On another note, if you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! finally went public

The biggest fintech news of the week centered around’s no good, very bad public market debut. Or as my friend and colleague Alex Wilhelm described it, had a week.

To sum it up, digital mortgage lender made its public debut on August 24. To no one’s surprise, the stock wasn’t exactly a hit with public investors. In fact, it was a resounding bomb. As of Friday, August 25, the stock had closed a mere $1.19. Shares of SPAC partner, Aurora, were trading at $17.45 on Wednesday, before officially went public. This is…

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