In 2021, trends in the FinTech space accelerated and earnings were extremely robust. Valuations for loss-making, hyper-growth companies became more extreme before sheer saturation dampened sentiment.
The accelerating trends were indeed evident across the FinTech space, where digitalisation progressed from being a nice-to-have to a must-have for financial services companies. This resulted in some of the biggest sales and earnings growth in history for FinTechs, with strong earnings beats in every reporting quarter of the year.
You can now read the full whitepaper at the link below