1、Q4 2019 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 2 We publish this quarterly fintech market report to provide quantitative insights into public a
2、nd private market valuations across the transaction spectrum and qualitative insights into company business models, technology and customer trends Based in our London office, Claudio Alvarez heads up our fintech practice which has completed over 20 transactions involving both equity and debt We also
3、 feature some of the leading fintech companies and CEOs across sectors which we find interesting at the moment given the continued growth in challenger banks, the emergence of different open banking business models and continued investor interest as a flurry of fintech investors raise new funds Seve
4、ral 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
5、million Budget Insight ACQUIRED BY Crdit Mutuel Arka Undisclosed Extenda ACQUIRED BY STG Partners Undisclosed Monese INVESTMENT BY PayPal, IAG, Augmentum $60 million RavenPack INVESTMENT BY GP Bullhound $10 million 3 Key sector takeaways Recent fintech transaction trends Public market fintech analys
6、es Fintech CEO often teaming up with other technology VCs and corporate venture funds Fintech specialist investors increase dry powder DEC-19 Fund II $375M DEC-19 Fintech Fund III 985m DEC-19 Fund II $320m NOV-19 Fund I 150M 9 Section 2 Recent fintech transaction trends 10 0% 20% 40% 60% 80% 100% Q1