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Capital One Co-Founder Notes 69% of Public Fintech Firms Are Profitable

Nigel Morris highlights improved profitability in fintech, with revenue multiples rising from 3 to 5.5 in recent years.

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Terms & Concepts
  • Fintech: Financial technology companies that leverage software to provide financial services or solutions.
  • Revenue multiples: A valuation metric comparing a company’s market value to its revenue.