Archives

April 6, 2024 @ 12:05 pm By Omar Faridi  |  

Pitchbook is reporting mixed fintech performance as public fintech companies delivered mixed returns in Q1 2024. Pitchbook notes in a report that when “compared to the S&P 500’s 10.2% return and Nasdaq’s 9.1% return for the quarter, the neobanks, brokers, and crypto cohort was the… Read More

March 30, 2024 @ 7:17 pm By Omar Faridi  |  

Q4 macroeconomic data points in France’s markets are marginally better than in Q3, according to an update from Pitchbook. Q4 GDP growth was reported as flat by Pitchbook, while inflation has been “coming down from the elevated levels seen earlier in the year.” Meanwhile, the… Read More

March 17, 2024 @ 11:55 pm By Omar Faridi  |  

Retail Fintech VC deal value rose 5.0% QoQ to $2.6 billion in Q4 2023, according to recent updates from Pitchbook. However, deal value remained down by 18.2% YoY, the Pitchbook report noted. While this represents the third quarter in a row where VC deal value… Read More

March 14, 2024 @ 2:18 pm By Omar Faridi  |  

Private equity fundraising declined by around 1.2% globally to $554 billion last year, according to data shared by PitchBook. And the number of funds declined by around 46% to 647 from 1,192. Funds of $5 billion or more reportedly accounted for almost 50% of 2023’s… Read More

February 28, 2024 @ 4:43 pm By Omar Faridi  |  

Recent PitchBook data shows that the journey from a first to a sophomore fund has never been so challenging. Historically, when we examine the period from 2006 to 2018, 63% of first-time managers had been able to secure a second fund, however, the present environment… Read More

February 19, 2024 @ 8:39 am By Omar Faridi  |  

An extensive report has been shared, entitled Financial Fusion: Fintech’s M&A Landscape Unveiled: A guide to fintech M&A and the next wave of deals, by the researchers at Pitchbook. PitchBook says that the Fintech sector continues to attract substantial investments but certain segments might have… Read More

February 12, 2024 @ 6:16 pm By Omar Faridi  |  

Though the venture market was in a state of declines over the past couple of years, much of the pricing pressure has not yet forced pre-seed or seed-stage valuations below the highs of 2021, according to an update from Pitchbook. While it’s true this area… Read More

December 16, 2023 @ 5:45 am By Omar Faridi  |  

The e-commerce enablement startup ecosystem has reportedly experienced a modest contraction in both deal value and count in Q3, “totaling $1.6 billion across 93 deals, decreases of 16.3% and 17.0%, respectively,” according to a recent update from Pitchbook. Pitchbook noted that both figures “reflect more… Read More

December 14, 2023 @ 9:16 pm By Omar Faridi  |  

In Q3 2023, $1.7 billion was invested across 115 deals, “representing an increase of 53.0% in deal value but roughly flat in terms of deal count, QoQ,” according to the latest Insurtech industry report from Pitchbook. The deal value was “the highest amount over the… Read More

December 4, 2023 @ 10:37 am By Omar Faridi  |  

PitchBook,  a Morningstar company providing comprehensive, accurate, and “hard-to-find” data for professionals doing business in the private markets, notes in an update that VCs say AI [artificial intelligence] leads innovation, are cautiously optimistic about IPOs, and are cognizant of geopolitical risk. In a note from… Read More

November 25, 2023 @ 2:08 pm By Omar Faridi  |  

Pitchbook notes that their extensive Country Snapshot series provides an overview of both macroeconomic and microeconomic trends in the region, “covering various countries across Europe.” Pitchbook researchers look at how “both public and private data points have trended in Q3 for the UK.” As noted… Read More

November 4, 2023 @ 3:34 pm By Omar Faridi  |  

Enterprise fintech VC deal activity saw a slight uptick in Q3. Deal value rose from $3.9 billion in Q2 to $4.1 billion, “representing a 5.1% QoQ increase. On a YoY basis, however, deal value was down 33.0%, highlighting the more conservative deployment of capital from… Read More

August 18, 2023 @ 1:24 pm By JD Alois  |  

The percentage of down rounds has increased to a four-year high, according to a recent report by Pitchbook. According to the report, the environment is very “investor friendly” as valuations have gone into reverse. Pitchbook says that “non-traditional investors” drive valuations, and this crew has… Read More

August 7, 2023 @ 2:17 am By Omar Faridi  |  

Without offsetting topline growth or debt reduction, management will need to increase efficiency and reduce investment “to retain earnings power and, even then, may face lower valuation multiples,” the team at Pitchbook noted in a comprehensive market update. Hence, Pitchbook now expects further underperformance “from… Read More

February 20, 2023 @ 10:55 am By Omar Faridi  |  

At -47.9%, crypto VC deal activity “continued to decline sharply in the fourth quarter of 2022,” according to an update from Pitchbook. Pitchbook noted in their latest report that the vertical’s third consecutive QoQ “decline to $2.5 billon is the lowest amount of capital invested… Read More

November 13, 2022 @ 4:42 pm By Omar Faridi  |  

Hilary Wiek, CFA, CAIA Lead Analyst, Fund Strategies & Sustainable Investing at Pitchbook, notes that through the first quarter of 2022, one-year private fund performance was still “at historically high levels, as more muted performance in Q1 2022 was still overcome by three quarters of… Read More

August 8, 2022 @ 8:58 am By Omar Faridi  |  

In Q2 2022, Fintech companies globally “raised $24.1 billion in venture capital (VC) across 1,103 deals, representing a 17.8% decrease in quarter-over-quarter deal value,” according to a report from Pitchbook. This is “the largest percentage drop in deal value since Q3 2018,” the team at… Read More

December 16, 2021 @ 10:37 am By JD Alois  |  

The transformation of analog finance to digital finance is ongoing but the onset of the global health crisis of COVID-19 has accelerated digital transformation for all. For Fintech, this has meant a boom in digital (neo) banking, investing platforms, and a host of other financial… Read More

September 27, 2021 @ 3:51 pm By JD Alois  |  

The decline in publicly traded firms has been well-documented. A result of the excessive cost and reporting requirements combined with an ocean of private capital has compelled many successful firms to stay private as long as possible. Back in the day, an initial public offering… Read More

March 25, 2021 @ 2:44 pm By JD Alois  |  

In the midst of a global health crisis, Fintech appears to be one of the big winners, according to a recent research report. As outlined by Pitchbook, Fintechs raised $44.4 billion in venture funding across 2,581 deals during 2020. This is a year-over-year increase of … Read More