As Stripe, Ramp Valuations Rise, Some FintechsFace Likely Down Rounds
The fi ntech world is a tale of two cities.
After a thrashing over the last two years, some big fi ntech startups, such as Stripe and Ramp,have seen their valuations rebound from the lows, as business improves and investordemand rises.
Many other fi ntechs, including Brex, Chime and Plaid, have yet to crystallize a lowervaluation in new fundraisings. But some trades on the secondary market suggest that if thefi ntechs do raise more money—including by going public—they will likely do so at lowervaluations than their last fundraising.