Fintech Startups: Don’t Build A House Of Cards During A Market In Flux

A key topic in fintech today is valuations and funding. The public markets for technology stocks have been in freefall. The Nasdaq Composite index is down 30% this year. Many publicly traded fintech companies have fared much worse. Square, Paypal and Coinbase are down 50, 60 and 75% respectively (as at May 24).

This is against the backdrop of record venture capital raises and startup funding last year. 2021 saw $621b in venture capital funding, more than double 2020. A record 959 new unicorns were minted – a 61% increase relative to 2020.

The problem is that the current venture modus operandi has been

→ Continue reading at Forbes - Startups

More from author

Related posts

Advertisment

Latest posts

How to Protect Your Customers (and Your Brand) From Data Breaches

Opinions expressed by Entrepreneur contributors are their own. If you run a business these days, chances are good you're handling at least...

5 Lessons on Smart Hiring

Opinions expressed by Entrepreneur contributors are their own. Students' expectations are evolving fast, and companies need to reinvent their offerings to keep...

Leaders in Action – Contribution, Impact, and Efficiency

Opinions expressed by Entrepreneur contributors are their own. Knowing how to manage time effectively is probably the most important trait of a...