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For fintechs in 2022, the bigger the exit, the larger the decline in value

TechCrunch

While the public market correction has been widespread, tech and fintech stocks have seen the largest declines, according to a recent report. trillion in late 2021, the F-Prime Fintech Index slid to $397 billion by the end of 2022. trillion in late 2021, the F-Prime Fintech Index slid to $397 billion by the end of 2022.

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7 investors reveal what’s hot in fintech in Q1 2023

TechCrunch

The global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. CB Insights recently found that two of the largest global VC firms, Sequoia Capital and Andreessen Horowitz, actually backed more fintech companies in 2022 than any other category.

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Layoffs spell opportunity for some fintech startups

TechCrunch

Every week, I’ll take a look at the hottest fintech news of the previous week. There’s a lot of fintech news out there and it’s my job to stay on top of it — and make sense of it — so you can stay in the know. — Mary Ann Now hiring Hello, hello! It’s not fun covering layoffs, and unfortunately we’ve had too many of those.

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Let’s get in the weeds about fintech AUM

TechCrunch

Wealthfront’s notes on its financial results, crossed with its freshly affirmed valuation and what we know from external sources about its assets under management, provide an interesting window into what fintech companies may be worth today — and which might be overvalued. The Exchange explores startups, markets and money.

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Square and PayPal earnings bring good (and bad) news for fintech startups

TechCrunch

Instead, we’ve been hunting around in their numbers for hints and notes about what is going on inside of fintech itself. There are a host of hugely valuable fintech unicorns that have to go public in the future that also share some market space with one or both of our public charges. A very fintech 2020.

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TechCrunch+ roundup: Advice for laid-off techies, fintech flops, how to build a growth team

TechCrunch

Looking back over the last decade, Grant Easterbrook recaps five fads in fintech that flopped and the underpinning factors that prevented them from changing fintech “in the way the founders originally intended.” You gotta get social; you gotta get out in front of people and start building relationships.”

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It turns out fintech is worth as much as SaaS

TechCrunch

Fintech startups are having one hell of a week. The Seattle-based fintech company sold 12,162,777 shares (7,000,000 primary) at $43 apiece. It’s an incredibly bullish set of results for fintech startups; they are worth more than they might have thought, or than their investors previously were willing to pay. Notable.

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