Flywire Leads FinTech IPO Index's Post Earnings 6.2% Slump

The FinTech IPO Index was awash in a sea of red this past week, with nary a positive showing to be found. Earnings were met, by and large, with dissatisfaction, as investors sent shares down by double digits in many cases, even when results topped expectations or management’s projections. The index slid by 6.2%.Flywire Leads Declining StocksFlywire led to the downside, as shares sank nearly 42%. The firm said this week that  revenue increased 17% to $117.6 million in the fourth quarter of 2024, and the numb ...