Lemonade

FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
FinTech IPO Index Loses 5% as NerdWallet and Lemonade Slip on Earnings
August 02, 2024  |  Fintech Investments

Earnings season’s in full swing and proved to be less than kind to the FinTech IPO Index, which gave up 5%. Double digit declines on...

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Lemonade’s ‘Tech Obsession’ Sees AI Handling 30% of Interactions
Lemonade’s ‘Tech Obsession’ Sees AI Handling 30% of Interactions
July 31, 2024  |  Earnings

Digital insurance provider Lemonade is continuing to incorporate artificial intelligence (AI) into its business. “Investors and analysts often ask about the practical impact of our investments in...

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FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
FinTech IPO Index Up 3.8% as Lemonade Surges on UK Expansion
July 19, 2024  |  Fintech Investments

Earnings season has yet to start making headlines and moving stocks in the FinTech IPO Index, but the overall group was up 3.8% through the...

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Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
Lemonade Sees AI Drive Efficiency as Insurance Goes Digital-First
May 01, 2024  |  artificial intelligence

Digital insurance platform Lemonade said its AI investments continue to bear fruit. The company’s latest shareholder letter — while reporting a 25% increase in total revenues and a...

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Partnerships Dominate FinTech IPO Index News Ahead of Earnings
Partnerships Dominate FinTech IPO Index News Ahead of Earnings
April 12, 2024  |  Fintech Investments

On Friday (April 12), big banks will weigh in with their latest quarterly results, kicking off earnings season in an official manner. JPMorgan, Wells Fargo and Citi will give...

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Life Insurance Agents Go Digital to Connect With Young Buyers
Life Insurance Agents Go Digital to Connect With Young Buyers
April 02, 2024  |  Insurance

In the age of smartphones and instant access to information, it’s no surprise that even the most traditional industries are undergoing a digital makeover. The...

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Lemonade Chief Pushes Back Against Insurance Firm’s Doomsayers
Lemonade Chief Pushes Back Against Insurance Firm’s Doomsayers
March 03, 2024  |  Insurance

Digital insurance firm Lemonade says predictions of its demise have been greatly exaggerated. The company’s stock has fallen more than 70% since it went public in 2020,...

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FinTech IPO Index Up 5.2%; Expensify and Sezzle Lead Earnings Season Gainers
FinTech IPO Index Up 5.2%; Expensify and Sezzle Lead Earnings Season Gainers
March 01, 2024  |  Fintech Investments

The earnings avalanche continues.   The FinTech 100 Index gained 5.2% in a week that saw most names rocket higher. Expensify surged 30% higher. The company said...

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Lemonade Says AI Improved Insurance Loss Ratio
Lemonade Says AI Improved Insurance Loss Ratio
February 28, 2024  |  Artificial Intelligence

Digital insurance platform Lemonade said artificial intelligence helped it improve its loss ratio. The figure, the ratio of losses to premiums earned, improved by 12...

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