This preview was edited on January 22, 2025, to replace an error in the Stock returns table.
Fintech stocks outperform in Q4, show market resilience
Optimism propelled public fintech companies forward at the end of 2024, weathering the storm of market volatility. Toast and Upstart fueled this momentum with strong earnings, and ServiceTitan’s December NASDAQ debut was a notable addition. Overall, companies with demonstrated margin expansion and improvements in profitability have seen positive re-ratings in their valuation multiples.
For key publicly traded companies, our Q4 2024 Fintech & Payments Public Comp Sheet and Valuation Guide tracks stock performance, changes in valuation, historical valuations, revenue growth, EBITDA growth, and EBITDA margins.
