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Q4 Revs Up, Fintech de-SPACs Take the Lead

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TLDR: In Q4, the average performance of Fintech companies that went public through SPACs was slightly better than those that went public through traditional IPOs. However, IPO companies performed better in a full-year comparison, according to PitchBook data. The top performers in SPACs were MoneyLion, Better, and Opendoor. PitchBook’s Q4 2023 Fintech & Payments Public Comp Sheet and Valuation Guide tracks the stock performance and valuations of publicly traded Fintech companies.

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