Exploring Fintech Trends in Early 2024: Insider Insights
Want to see how your company stacks up to other Fintech companies?
The definitive public comp sheet and valuation guide for Fintech performance in early 2024 is now available for you to download below.
Here are the highlights:
- In Q1 2024, fintech performance varied, with neobanks, brokers, and crypto achieving 47.8% returns, while proptech dropped by 32.4%.
- Fintech sectors saw increased EV to TTM sales and EBITDA multiples, particularly in neobanks, brokers, crypto, and medium-growth payments.
- Q1 2024 experienced heightened M&A in fintech, highlighted by Capital One’s $35.3 billion purchase of Discover, showing reduced valuation gaps.
- Upcoming IPOs for Stripe and Klarna show increased valuations, with Stripe at $76.8 billion and Klarna at $9.2 billion, indicating strong market optimism.
Explore the guide for more in-depth information and to see the numbers they used to inform these highlights.
Click here to download the full report: 2024 Fintech & Payments Public Comp Sheet and Valuation Guide
