F-Prime Capital released its 2024 State of Fintech Report, offering an in-depth look at the private and public fintech sector's performance derived from the F-Prime Fintech Index. The report indicates the public fintech correction found its floor in 2022 and began to recover in 2023. However, that correction is still rippling through the private markets.
"$1b+ revenue fintech companies are just getting started and are growing on average 45% annually and more than three times the rate of public incumbents."