<ul><li>The FinTech IPO Index slipped by 0.4% in a shortened trading week due to the Memorial Day holiday, with platforms leading the decline.</li><li>DeFi Development Corp. (formerly Janover) saw a 44% drop in stock value over the past five sessions after announcing the adoption of liquid staking token technology.</li><li>Upstart shares rose by 6.3% following a partnership with All In Credit Union to offer personal loans, while Flywire shares fell as the company joined Virtuoso's luxury travel partners.</li><li>OneConnect's quarterly results showed a 1.5% increase in stock value with revenue from continuing operations at RMB368 million, while Affirm's shares rose by 10% due to an expanded collaboration with Kayak into Canada.</li></ul>

Platforms Drag FinTech IPO Index 0.5% Lower in Shortened Trading Week

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