Money

Financial startup valuations plummet as market takes closer look at fundamentals

Sara Edwards, USA TODAY Comments Off on Financial startup valuations plummet as market takes closer look at fundamentals

Private fintech company Stripe privately took a massive valuation cut. Other fintech companies are especially vulnerable to rising interest rates.

     
Sara Edwards, USA TODAY
https://api-internal.usatoday.com.akadns.net

Related Articles
Money

Former Rep. Harold Ford Jr. fired for alleged ‘misconduct;’ denies wrongdoing

USA TODAY NETWORK – Tennessee

Morgan Stanley said the former Tennessee congressman was terminated for ‘conduct inconsistent with our values and in violation of our policies.’
Featured Money

Bitcoin tops $16,000, and its $271B market value passes Home Depot’s

USA TODAY

The cryptocurrency’s rise in price makes it more valuable than all but 12 of the 500 companies in the S&P 500 stock index.
Money

4 money-saving strategies from spouses who bank 85% of their income

CNBC

Some couples live modestly, choosing to save and invest about 85% of their income.