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FinTech IPO Index Gains 4.2%, Boosted by BNPL Momentum

  • The FinTech IPO Index gained 4.2% as stocks reached new highs in the holiday-shortened trading week.
  • BILL announced the launch of BILL Supplier Payments Plus to aid large suppliers in processing payments efficiently.
  • Affirm shares rose after forming a partnership with video game commerce firm Xsolla to offer pay-over-time options to game developers.
  • Sezzle introduced new features to assist customers amid financial pressures, while Circle Internet Group applied for a national trust charter to establish a digital currency bank.

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