FinAi News

No products in the cart.

Subscribe
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
Log In
No Result
View All Result
  • Banking
  • Lending
  • Payments
  • Risk & Security
  • Strategy
FinAi News
  • News
  • AI News Tool
  • Data
  • Transactions
  • Events
    • FinAi Banking Summit
    • FinAi Lending Summit
  • Podcast
  • WEBINARS
    • Webinar Library
BAN PLUS
Log In
No Result
View All Result
FinAi News
No Result
View All Result

Virtual Piggy’s Stock Price Climbs +107% on Scant Revenue

JJ HornblassbyJJ Hornblass
June 10, 2013
in Banking, Payments
Reading Time: 1 min read
0
Share on Facebook

shutterstock_139799323You might not be aware, but Virtual Piggy Inc., a stalwart demo-er at Finovate that sells an online and mobile payments account for parents to give their kids, is a publicly traded company, and its stock has been on a tear. Despite generating just $88 of revenue last quarter.

In the last six months, Virtual Piggy’s stock [ticker: VPIG] has increased 107.23% to $2.68 per share, as of 10:13 a.m. ET today. The company now has a market capitalization of $269 million.

The company’s financial performance, however, has not been as stellar. VPIG generated $88 of revenue — yes, less than $100 — and lost nearly $2.7 million last quarter. In total, the company has lost $22.2 million since it was founded in February 2008, according to SEC documents. It’s total revenue since founding: $5,227. That barely buys a Yugo.

Tags: Capital & Fundingstocks
Previous Post

Picture Bill Pay Makes Traditional Bill Pay Less Sticky, BBVA Compass Says

Next Post

Photo of the Day: Citi Bike Abandoned in Grand Central Station

Related Posts

bny
Banking

AI writes 60% of code at BNY, up 20 percentage points QoQ

September 28, 2026
Detroit, Mich. (Courtesy/FinAi News)
Banking

Palisades Credit Union deploys Narmi’s AI DecisionAssist

September 28, 2026
Exterior of a Valley Bank branch
Banking

Valley acquisition of Bluevine boosts bank’s AI strategy, CEO says

September 28, 2026
Next Post

Photo of the Day: Citi Bike Abandoned in Grand Central Station

Please login to join discussion

EMERGING FINTECH DIRECTORY

Emerging Fintech Directory

FinAi Podcast

SPONSORED

Build an Antifragile Strategy to Outperform the Market

July 14, 2026

How AI and Product Experts Turn Fuzzy Requirements Into Focused Dev-ready Roadmaps

April 19, 2026

Is Your Technology Supplier There for You?

April 1, 2026

  • About Us
  • Help Center
  • Contact Us
  • Privacy Terms
  • ADA Compliance
  • Advertise

Connect

twitter linkedin podcast podcast podcast podcast
© 2026 Royal Media
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Unlock This Article

Create your free FinAi News account to access this article and stay informed on how AI is transforming financial services including banking, lending, payments, and risk.

Yes, I'd like to receive FinAi News updates, breaking news, and exclusive AI insights for financial services leaders.

Continue Reading with FinAi News Premium - Less than $2/Day

Upgrade to FinAi News Premium for unlimited access to news, insights, trends, and intelligence on how AI is transforming financial services including banking, lending, payments, and risk.
Upgrade to FinAi News Premium Subscription
No Result
View All Result
  • NEWS
    • All News
    • Banking
    • Lending
    • Payments
    • Risk & Security
    • Strategy
  • AI News Tool [Beta]
  • DATA
  • TRANSACTIONS
  • EVENTS
    • FinAi Banking Summit
    • FinAi Lending Summit
  • PODCAST
  • WEBINARS
    • Webinar Library
  • SUBSCRIBE
  • Log In / Account