Quarterly insights into Fintech.
Claudio Alvarez, Partner, commented: “In Q3 we saw a slight recalibration of our fintech index as online lenders such as Funding Circle, On Deck and Lending Club traded downwards post statements to the market that growth was slower than previously forecasted. These names aside, the rest of the index is trading healthily at a trailing revenue multiple of +10x. The private markets continue to see strong investor appetite with large funding rounds being completed by NU Bank, Robinhood, Klarna and C2FO, just to name a few.”
Enquiries
For enquiries, please contact Claudio Alvarez, Partner, at claudio.alvarez@gpbullhound.com
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999, the firm today has offices in London, San Francisco, Stockholm, Berlin, Manchester, Paris, Hong Kong, Madrid and New York. For more information, please visit www.gpbullhound.com, or follow on Twitter @GPBullhound.