Each quarter, Mercer Capital’s FinTech Watch newsletter provides an overview of the FinTech industry, including public market performance, valuation multiples for public FinTech companies, and industry articles of interest. In addition, each issue of this quarterly newsletter focuses on one FinTech segment.
This issue features a closer look at the technology segment focusing on FinTech companies providing services in the banking, healthcare/insurance, and investments niches. Included is an M&A activity overview, as well as a venture capital activity overview for each niche.
Also of note is the venture capital case study on Simple.
Simple created a digital interface for banking through web and mobile apps. Absent any physical branches, Simple was able to attract customers through digital bank offerings. Revenue was generated through interchange fees as well as interest on customer deposits. It began with an idea in 2009 and sold to BBVA for $117 million in 2014.
Mercer Capital provides the financial technology industry with corporate valuation, financial reporting, transaction advisory and related services.