The fintech area, and the tech area extra broadly, is enamored with firm valuations. The time period unicorn arose out of that fascination.
However with many of the largest fintech names eschewing new funding rounds throughout the fintech valuation winter, exhausting information on valuations has been troublesome to return by.
That’s the reason this Forbes piece caught my eye this morning. It gives new valuation estimates based mostly on information collected by Caplight.
Caplight, a San Francisco startup that tracks secondary-market trades of personal tech corporations, shared information with Forbes on valuations of 11 marquee fintech names. The estimates are based mostly on current secondary market transactions.
The info exhibits drops from the height valuation (in 2021 or early 2022) that vary from 79% (for Klarna) to 23% (for Ramp).
It ought to be famous that many individuals argue that secondary market valuations don’t replicate the precise valuation of those fintech corporations.
However with no public information and few new funding rounds, it’s all we now have to go on.
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