In the second episode of Deciphered, Adam Davis, Associate Partner at Bain & Company and Mike Cashman, Partner, Bain & Company are joined by Sarah Kocianski, Strategic Insights Lead for Fintech at Founders Factory, and Tim Levene, Partner and CEO, Augmentum to discuss the future of Fintech valuations.

Where do the market correction and current volatility leave Fintechs?

Timestamps:
- Volatility & market correction, where are fintech valuations heading? (3:08)
- Fintech funding (5:37)
- Macroeconomic pressures vs dry powder in the current market (6:36)
- Are lower risk assets back in favour? (8:01)
- What investors and founders are looking for (10:40)
- Fintech valuations (11:53)
- Are Fintechs overvalued on hype and hope vs fundamentals? (13:21)
- Will companies stay private for longer? (18:10)
- Superior geographies, in terms of investment and valuation perspectives? (19:39)
- What type of fintech do you want to be in this market? (24:52)
- BNPL (25:03)
- Advantages of rising rate environments vs consumer/business defaults (26:41)
- Investing in sectors and trends, from services or product perspectives (27:40)
- PE, VC, and growth equity splits (29:35)
- Sentiments around raising investment (34:30)

Sources & Resources cited:

-CB Insights: State of Fintech Q1'22 Report
-BBC UK: What is the UK's inflation rate and why is the cost of living going up?
-Axios: Fintech Deals Newsletter, Fintech SPACs go splat
-Dealroom: Fintech 2021 Report
-SoFi: Q1 2022 Results Report
-Bain & Company: Macro Trends

Volatility and Market Correction: Where Are Fintech Valuations Heading?