Priya PatelTLDR: 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.
Q4 Revs Up, Fintech de-SPACs Take the Lead
Latest from News
Australian Fintech Stables launches money transfers between Aus and Philippines.
TLDR: Stables has launched international remittances between Australia and the Philippines. Users can now send Australian Dollars or Philippine Pesos using stablecoins. Stables, an
Brazilian FinTechs struggle with rising delinquency rates, feeling the heat.
TLDR: Delinquency rates on unsecured loans offered by Brazilian FinTech firms like Open Co, Nexoos, and Gyra+ have exceeded 60%, impacting the asset-backed credit
Goldman Sachs-backed startup mulls sale amid Fintech slowdown, sources report
TLDR: Deserve, a credit card software company valued at $500 million, is considering selling itself amid a fintech slowdown. The company, backed by high-profile
ICBA ThinkTECH Showcase: The Future of Fintech Unveiled
TLDR: ICBA hosted the ThinkTECH Showcase during its national convention, highlighting fintech solutions for community banks. Ten weeks of intense discovery and refinement culminated
Revolut & Sui: Elevating Knowledge with Blockchain Education.
TLDR: Revolut and Sui have partnered to launch a new blockchain education tool called the Learn programme. This collaboration aims to educate Revolut’s user