F-Prime — a VC firm with over $4.5 billion in assets under management that tracks the performance of emerging, publicly traded and privately held financial technology companies — naturally remains bullish on the fintech space, noting that: “ In aggregate, fintech companies have captured <10% of financial services revenue, yet many scaled private fintech companies are generating $1B+ revenue, still growing rapidly, and expected to list in public markets.”
To be clear, when F-Prime refers to fintech, it lumps together financial technology and crypto/blockchain startups. Here at TC, we have tended to separate our coverage of the two, although arguably, crypto undoubtedly falls under the fintech umbrella. For the purposes of this article, though, we are going to focus on just some of the the non-crypto focused companies that have the potential to go public this year.
Whether any of these companies actually take the plunge remains to be seen; we have to say we’d be excited for even just one to file that S-1 to give us greater insight as to just how much money these companies are (or are not) really making.