Wednesday, March 22, 2023

Fintech Bubble Collapse

By DAC000 , in fintech bubble , at August 4, 2022 Tags:

cuts off funding, according to TechCrunch who review startups seeking additional capital. About a two minute read.

Comment: according to some analysts Fintech Valuations have collapse 72% YoY, which is now leading sources of funds to demand more equity, or walk away from deals completely. I’m active in Fintech VC, haven’t done a deal in about two years, and was rather surprised one week ago when I was approached for more funds. Many fintechs are getting desperate for money.