Q2 2020
Sector
Update
Fintech
Important disclosures appear at the back of this report
GP Bullhound LLP is authorised and regulated by the Financial Conduct Authority
GP Bullhound Inc is a member of FINRA
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We publish this quarterly fintech market report to provide quantitative insights into public and private market valuations across the transaction
spectrum and qualitative insights into company business models, technology and customer trends.
In our Q2 report, we discuss certain trends that highlight some of the COVID tailwinds, such as digital payments and online trading, while also
bringing back to focus insurtech. Additionally, we cover the re-imagining of the finance function through software, as well as feature
CEO/Founder profiles from companies in the wealth management, insurtech and challenger banking spaces.
Based in our London office, Claudio Alvarez heads up our fintech practice, which has completed over 20 transactions involving both equity
and debt. Several of our recent fintech advisory transactions and investments are showcased below:
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and
capital to category leaders
Fintech perspectives
EXECUTIVE SUMMARY
Mambu
INVESTMENT BY
Bessemer Venture Partners
€30 million
Meniga
INVESTMENT BY
Groupe BPCE
Undisclosed
EcoVadis
INVESTMENT BY
CVC Growth Partners
$200 million
GP Bullhound
INVESTMENT IN
Revolut
$10 million
Motif
ACQUIRED BY
Charles Schwab
Undisclosed
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Key sector takeaways
Recent fintech transaction trends
Public market fintech analyses
Fintech CEO & founder commentary
Appendix A: Fintech trading comparables by category
Appendix B: GP Bullhound fintech credentials & team
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Contents
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Appendix C: GP Bullhound corporate overview
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Section 1
Key sector takeaways
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GP Bullhound’s views on current trends in fintech
KEY TRENDS
Digital payments: cash is no longer king
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Insurtech: a disrupter and an enabler
Market volatility creates a strong tailwind for trading platforms
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The CFO's tec