F-Prime updates Fintech Index
reflecting a sharp decline in revenue across the industry. About a five minute read, but data is available for the deep dive.
Comment: although I often mention The Fintech bubble has burst, the data tells the story quantitatively: a drop in market cap from $1.3T, December, 2021 $397B, December, 2022. This corroborates data I saw from Moody’s last week, showing Fintech funding fell globally by roughly 46% across the same period of time.