2020-2021 fintech valuations have corrected, and executives and investors believe the sector has reached a "bottom" with reduced venture capital for startups.
Fintech valuations have corrected from unsustainable highs of 2020-2021, and executives and investors at a recent event in Amsterdam believe the sector has reached a "bottom". Venture capital is no longer flowing into startups with minimal business metrics and fundamentals. Fintech has experienced a plunge in valuations and a squeeze on funding, according to execs and VCs.
June 13, 2024
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