Fintech Startup Valuations Plunge 60-80% From 2021 Highs But Show Signs of Rebound

• Valuations of major private fintech startups like Tipalti, Klarna, and Chime have fallen 60-80% from 2021 peaks, but some signs of recovery recently • Secondary market trading platforms like Caplight now estimate startup values - Tipalti at $3.1B, down 63%; Klarna at $9.5B, down 79% • Falling valuations don't necessarily mean poor performance - Tipalti grew transaction volume 40-50% annually • Stock slumps for public fintechs like Bill influence private valuations - Caplight incorporates public comps • Estimates vary widely - Tipalti investor values company at $4B; Chime estimates range from $5.5B to $20B