News

May 12, 2023

Fintechs down '50% to 70%' from peak valuations, says Bitpanda boss

The Austrian crypto unicorn’s CEO reckons some fintechs that raised in 2021 are valued at twice what they should be

Amy O'Brien

2 min read

Eric Demuth, the CEO of Austrian crypto unicorn Bitpanda, says that European fintechs are clinging on to price tags of many times what they’re actually worth — including his own. 

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Amy O'Brien

Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

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