Tag "startup valuation"
Economic Downturn and Market Sell-Off Take a Toll on Fintech Fundraising, Valuation
2021 was a record-breaking year for fintech funding and unicorn minting. Globally, fintech companies attracted an all-time high US$132 billion last year, more than double 2020’s figure. Soaring funding activity pushed valuations to new heights, allowing 157 fintech companies to
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Europe’s Next 10 Fintech Unicorns
Sifted has released its ranking of this year’s top 100 fastest-growing business-to-business (B2B) soonicorns poised to join the ranks of Europe’s US$1 billion-plus startups. Among this year’s ranking, 37 are B2B fintech companies, making the category the second most represented
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European Funding Trends: Soaring Wealthtech and Insurtech Funding
In Q2 2021, European fintech companies raised a record of US$7.2 billion in venture capital (VC) funding, a 30% quarter on quarter (QoQ) surge driven by insurtech and wealthtech companies, according to new data from CB Insights. Among all fintech
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With 120+ Unicorns, Tiger Global Management Has Backed the Most Billion-Dollar Companies
With more than 120 unicorn companies in its portfolio, US-based Tiger Global Management is the world’s top unicorn investor, way ahead of SoftBank Group with 77 unicorns and ranked second, and Coatue Management with 61 and ranked third, data from
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6 Fintechs Make Top 20 US Valuation Leaderboard; Worth a Combined US$145B
The past two years have seen the valuations of the US’s most valuable venture (VC)-backed fintech companies soar. As of March 19, 2021, six fintechs were amongst the country’s top 20 most valuable VC-backed companies, and worth a combined US$145.1
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All 96 Fintech Unicorns: Worth a Combined US$404B
There are 96 fintech unicorns around the world that are worth collectively an estimated US$404 billion, according to data from CB Insights. Nearly half (46) of them are from the US, making it the largest hub for fintech unicorns in
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Swiss Fintech Funding Down Amid COVID-19
In the first half of 2020, fintech investment represented 10.4% of all funding going towards Swiss startups. As a comparison, fintech accounted for 15.7% of all invested capital in 2019, showcasing a notable shift in investment trends with investors preferring
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