Analysis

June 8, 2020

Public market investors bet on a full fintech recovery

Top fintech stocks are recovering. So, are Europe's fintech startups over the worst of it too?


Isabel Woodford

3 min read

It may have been a bad week for European neobanks — with mass layoffs at Monzo and tales of forced firings at Revolut — but at least the public markets are positive that financial technology companies are going to do well coming out of lockdown.

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Augmentum is now trading at a 7% discount to net asset value, meaning the market and Augmentum broadly agree on the value of its holdings... for now.
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