With funding down 70%, here’s what fintech’s high flyers are worth now
The estimated value of 11 leading private fintech startups shows declines as high as 79%. But a few have started to recover.
Fintech
Aussie art financier shakes up global industry
Paul Becker is introducing fintech to a conservative art world in a bid to help more people buy and sell art.
The future of Wall Street: Fintech 50 2023
Innovative firms serving the back office needs of Wall Street and other large enterprises continue to prosper, with promising new startups in a crucial niche–fraud prevention–sprouting.
Zip Co reveals plans to reduce debt by $192 million, raise funds
Australian fintech Zip Co has entered a trading halt as it undertakes a capital raise and liability management exercise.
Record $32 million play to launch Australia’s ‘Shopify for banks’
The founders of banking software platform Constantinople have raised a $32 million seed round – the largest in Australian history.
Fintech investment likely to stay subdued; M&A could pick up
KPMG report sees challenges ahead for fintech investment in the first half of 2023.
US$6bn year for Australian VC investment in 2022
KPMG expects the IPO window to remain closed well into 2023, and an increasing number of down rounds and mergers and acquisitions.
Drive with a CEO: Fred Schebesta
Fred Schebesta, founder of global fintech company Finder (and also know as The Crypto King), took a drive with Forbes Australia’s Editor-in-Chief Sarah O’Carroll in a Range Rover.
What’s the future of fintech?
Australia’s fintech industry is set to face a challenging 2023.