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Fintech

IPOs are no ‘silver bullet’ amid funding plunge, fintech founders say

Fintechs are worried about cutting valuations by going public in tough markets

Yoko Spirig of Ledgy: 'Unless you are in the top 0.1% of scaleups like Instacart, going public might not be a realistic option'
Yoko Spirig of Ledgy: 'Unless you are in the top 0.1% of scaleups like Instacart, going public might not be a realistic option'

Initial public offerings are no easy option for fintechs struggling to raise funds, according to sector leaders.

European fintech investment dropped from €15.3bn to €4.6bn in the first half of 2023, according to a Finch Capital report.

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