FRHC - Crypto bank Silvergate Capital lending fintechs SoFi Rocket lead week's financial winners

Cryptocurrency bank Silvergate Capital ( NYSE: SI ) +18.2% jumped the most among financial stocks in the week ended July 8 after it got upgraded to Buy at Bank of America given prospects for "relatively stable" digital currency deposit growth. Perhaps SI's price appreciation was partly driven by a rally in bitcoin ( BTC-USD ) +13.1% at the time;

The second-biggest financial gainer was SoFi Technologies ( NASDAQ: SOFI ) +17.5% , a consumer lending fintech whose shares jumped alongside its tech-driven peers ;

Rocket Companies ( NYSE: RKT ) +16.3% , another lending fintech made it to the third slot;

Pet insurance provider Trupanion ( TRUP ) +10.2% climbed, though SA's Quant Rating warned investors in March that TRUP is at high risk of performing badly due to declining growth, and;

Kazakhstan-based investment brokerage Freedom Holding ( FRHC ) +9.7% gained.

As for the top five biggest financial losers:

Consumer lending platform ( NASDAQ: UPST ) -14.3% fell after its disappointing second-quarter preliminary results, and hence JMP cut the stock to Market Perform from Market Outperform;

China-based credit services provider 360 DigiTech ( QFIN ) -10.1% slid;

China Life Insurance Company ( LFC ) -7.2% drifted down; and

Both Banco de Chile ( BCH ) -6.8% and Banco Santander-Chile ( BSAC ) -6.5% slipped.

Previously, (July 8) consumer credit grew less than expected in May .

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