With Funding Down 70%, Here's What Fintech's High Flyers Are Worth Now
The estimated value of 11 leading private fintech startups shows declines as high as 79%. But a few have started to recover.
Source: forbes.com
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The estimated value of 11 leading private fintech startups shows declines as high as 79%. But a few have started to recover.
Valued at $2.2 billion in 2021, African money-transfer startup Chipper Cash was slow to adapt to the funding collapse of 2022. Now, after layoffs and a deep valuation cut, it’s focusing on the basics–and profitability.
While there are a lot of layoffs taking place in the fintech industry, there is still a whole lot of hiring going on.