Claudio Alvarez, Partner, commented: “In Q3 we saw a slight recalibration of our fintech index as online lenders such as Funding Circle, On Deck and Lending Club traded downwards post statements to the market that growth was slower than previously forecasted. These names aside, the rest of the index is trading healthily at a trailing revenue multiple of +10x. The private markets continue to see strong investor appetite with large funding rounds being completed by NU Bank, Robinhood, Klarna and C2FO, just to name a few.”
For enquiries, please contact Claudio Alvarez, Partner, at [email protected]
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