Several popular fintech stocks rose with the broader market Monday after bank earnings continued to come in strong and as the British pound sterling stabilized.

Shares of artificial intelligence-powered lender Upstart (NASDAQ: UPST) were trading nearly 2.4% higher as of 12:56 p.m. ET. Meanwhile, digital bank SoFi (NASDAQ: SOFI) was up by more than 5%, and "buy now pay later" company Affirm (NASDAQ: AFRM) was up by roughly 8.5%.

Despite a seemingly bad inflation report last week, stocks jumped, and that rally continued Monday as investors appeared to come to grips with the rapidly rising interest rate environment.

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Source Fool.com