How high is too high when it comes to fintech valuations?
This event took place on Tuesday, June 7, 2022 at 4:00 PM UTC.
M Pulse Stage, RAI 2021 was an exceptional year for the fintech industry, with record levels of funding and deals across every major region. Funding in the space alone shot up by a staggering 168% to reach $131.5 billion in 2021 compared to $49 billion in 2020, per CB Insights, with fintech idols like Stripe and Klarna reaching gargantuan valuations. But are the good times coming to an end? 2022 has proven to be a hostile economic environment for businesses across a swath of industries, and fintech is no exception. Rising interest rates, a cost of living crisis for consumers, and geopolitical instability have already seen trillions in valuation wiped off public markets. As market conditions deteriorate, fintech valuations appear to be the big pink elephant in the room. Join us in this session as we discuss what this valuation disconnect means for fintechs and investors, and whether or not the fintech funding party is coming to a halt.