High interest rates helped the UK's Starling post stellar revenue gains, and it appears its kin across the world could enjoy similar benefits too.
Given what's happening, it's hard to summon the courage to argue that we are close to seeing fintech valuations bottoming out or even rebound.
"We're really only beginning to see the ripple effects in the private markets of the 72% drop in valuations we saw in the public markets.”
Stripe is one of the most valuable companies in the fintech game, period, and an obvious bellwether for the fintech startup market.