Half a trillion dollars wiped from once high-flying fintechs - Financial Times


7/17/2022 12:00:00 AM2 years 9 months ago
by Nicholas Megaw, Imani Moise

Digital companies that boomed during lockdowns hit by fears they cannot withstand a recession

Almost half a trillion dollars has been wiped from the valuation of once high-flying financial technology companies that took advantage of the boom in initial public offerings earlier in the pandemic… [+3885 chars]

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