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Public Comps and Valuation Multiples for FinTech

Benchmark revenue and EBITDA valuation multiples for public comps like
Visa, Mastercard, American Express, Charles Schwab and S&P Global.

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FinTech

Viewing 50 of 488 companies with full data

Company	Market Cap	Enterprise Value	LTM Revenue	EV/LTM Revenue	EV/LTM EBITDA
Visa	$616B	$622B	$42B	14.8x	21.0x
Mastercard	$465B	$473B	$34B	14.1x	22.4x
American Express	$211B	$269B	$74B	3.7x	—
Charles Schwab	$170B	$204B	$24B	8.4x	14.4x
S&P Global	$132B	$144B	$16B	9.3x	18.1x
Capital One	$121B	$171B	$55B	3.1x	—
CME Group	$117B	$116B	$7B	17.6x	24.7x
Intuit	$117B	$120B	$20B	5.9x	13.8x
Intercontinental Exchange	$94B	$110B	$10B	10.9x	16.5x
MercadoLibre	$90B	$96B	$31B	3.1x	22.7x
Moody's	$83B	$88B	$8B	11.2x	21.8x
Nubank	$73B	$70B	$17B	4.2x	—
Robinhood	$71B	$72B	$5B	15.4x	27.0x
Bajaj Finance	$67B	$103B	$6B	17.6x	35.2x
HKEX	$66B	$27B	$4B	7.3x	9.3x
London Stock Exchange Group	$59B	$68B	$12B	5.5x	10.9x
East Money	$51B	$28B	$2B	11.9x	12.6x
Nasdaq	$50B	$56B	$5B	10.5x	17.9x
Deutsche Börse	$49B	$57B	$7B	7.9x	13.5x
Coinbase	$49B	$45B	$7B	6.2x	16.4x
Rocket Companies	$47B	$54B	$8B	7.1x	29.8x
Thomson Reuters	$44B	$46B	$8B	6.0x	15.3x
PayPal	$44B	$43B	$33B	1.3x	6.1x
MSCI	$42B	$48B	$3B	15.0x	24.6x
Constellation Software	$40B	$43B	$12B	3.5x	12.6x
Block	$39B	$34B	$25B	1.4x	9.2x
Adyen	$36B	$24B	$3B	8.2x	15.5x
Workday	$35B	$32B	$10B	3.3x	10.2x
Fair Isaac	$33B	$36B	$2B	16.5x	28.5x
Experian	$33B	$38B	$8B	4.6x	12.9x
Interactive Brokers	$32B	$27B	$6B	4.3x	5.5x
Cboe Global Markets	$31B	$30B	$2B	12.4x	18.1x
HiThink	$26B	$25B	$919M	27.7x	48.0x
Tradeweb Markets	$26B	$24B	$2B	11.5x	21.1x
Fidelity Information Services	$26B	$38B	$11B	3.4x	8.4x
Equifax	$25B	$30B	$6B	4.8x	15.1x
LPL Financial	$25B	$31B	$18B	1.7x	12.8x
Synchrony	$24B	$40B	$15B	2.7x	—
SoFi	$23B	$25B	$4B	6.7x	21.9x
Corpay	$23B	$31B	$5B	6.6x	12.5x
Circle	$23B	$21B	$3B	7.6x	36.3x
Global Payments	$22B	$35B	$10B	3.5x	7.3x
Broadridge	$22B	$25B	$7B	3.4x	14.0x
Futu Holdings	$20B	$20B	$3B	6.6x	10.9x
SS&C Technologies	$18B	$26B	$6B	4.0x	10.2x
Wolters Kluwer	$18B	$22B	$7B	3.1x	9.1x
Jio Financial Services	$18B	$19B	$310M	60.2x	—
B3 Bolsa do Brasil	$17B	$17B	$2B	8.7x	12.5x
Euronext	$16B	$18B	$2B	8.5x	13.8x
Toast	$16B	$14B	$6B	2.2x	21.4x
Affirm	$16B	$X.XB	$4B	X.Xx	X.Xx
Singapore Exchange	$15B	$X.XB	$1B	X.Xx	X.Xx
TransUnion	$15B	$X.XB	$5B	X.Xx	X.Xx
IREN	$15B	$X.XB	$851M	X.Xx	X.Xx
Japan Exchange Group	$13B	$X.XB	$1B	X.Xx	X.Xx
Computershare	$13B	$X.XB	$3B	X.Xx	X.Xx
Guidewire	$13B	$X.XB	$1B	X.Xx	X.Xx
BSE India	$12B	$X.XB	$512M	X.Xx	X.Xx
Wise	$12B	$X.XB	$2B	X.Xx	X.Xx
Sage	$11B	$X.XB	$3B	X.Xx	X.Xx
Beijing Compass Technology	$10B	$X.XB	$327M	X.Xx	X.Xx
XP Investimentos	$10B	$X.XB	$4B	X.Xx	X.Xx
Xero	$10B	$X.XB	$2B	X.Xx	X.Xx
TMX Group	$10B	$X.XB	$1B	X.Xx	X.Xx
KakaoBank	$9B	$X.XB	$998M	X.Xx	X.Xx
Hundsun	$8B	$X.XB	$910M	X.Xx	X.Xx
Chime	$8B	$X.XB	$2B	X.Xx	X.Xx
FactSet	$8B	$X.XB	$2B	X.Xx	X.Xx
SBI Cards & Payment Services	$8B	$X.XB	$2B	X.Xx	X.Xx
Swissquote	$8B	$X.XB	$926M	X.Xx	X.Xx
Nordnet	$8B	$X.XB	$612M	X.Xx	X.Xx
PB Fintech	$8B	$X.XB	$722M	X.Xx	X.Xx
ASX	$7B	$X.XB	$821M	X.Xx	X.Xx
Morningstar	$7B	$X.XB	$2B	X.Xx	X.Xx
Clearwater Analytics	$7B	$X.XB	$774M	X.Xx	X.Xx
MarketAxess	$7B	$X.XB	$859M	X.Xx	X.Xx
MCX India	$7B	$X.XB	$229M	X.Xx	X.Xx
TeraWulf	$7B	$X.XB	$211M	X.Xx	X.Xx
Cipher Digital	$6B	$X.XB	$230M	X.Xx	X.Xx
StoneX Group	$6B	$X.XB	$5B	X.Xx	X.Xx
Riot Platforms	$6B	$X.XB	$638M	X.Xx	X.Xx
Hut 8	$6B	$X.XB	$257M	X.Xx	X.Xx
IG Group	$6B	$X.XB	$1B	X.Xx	X.Xx
Kakao Pay	$6B	$X.XB	$676M	X.Xx	X.Xx
Allfunds	$6B	$X.XB	$748M	X.Xx	X.Xx
Topicus	$6B	$X.XB	$2B	X.Xx	X.Xx
HUB24	$6B	$X.XB	$329M	X.Xx	X.Xx
Chailease Holding	$6B	$X.XB	—	X.Xx	X.Xx
WEX	$5B	$X.XB	$3B	X.Xx	X.Xx
Edenred	$5B	$X.XB	$3B	X.Xx	X.Xx
TaTaTu	$5B	$X.XB	—	X.Xx	X.Xx
Core Scientific	$5B	$X.XB	$387M	X.Xx	X.Xx
Sinar Mas Multiartha	$5B	$X.XB	—	X.Xx	X.Xx
Klarna	$5B	$X.XB	$4B	X.Xx	X.Xx
Tadawul Group	$5B	$X.XB	$347M	X.Xx	X.Xx
Nelnet	$5B	$X.XB	$2B	X.Xx	X.Xx
Bullish	$5B	$X.XB	$305M	X.Xx	X.Xx
Shenzhen Fortune Trend	$5B	$X.XB	$66M	X.Xx	X.Xx
BGC Group	$5B	$X.XB	$3B	X.Xx	X.Xx
Samsung Card	$5B	$X.XB	$3B	X.Xx	X.Xx
Nexi	$5B	$X.XB	$4B	X.Xx	X.Xx
Tel Aviv Stock Exchange	$5B	$X.XB	$182M	X.Xx	X.Xx
OneStream	$4B	$X.XB	$623M	X.Xx	X.Xx
StoneCo	$4B	$X.XB	$3B	X.Xx	X.Xx
BILL.com	$4B	$X.XB	$2B	X.Xx	X.Xx
Gentera	$4B	$X.XB	$3B	X.Xx	X.Xx
TOTVS	$4B	$X.XB	$1B	X.Xx	X.Xx
Oscar Health	$4B	$X.XB	$13B	X.Xx	X.Xx
ACI Worldwide	$4B	$X.XB	$2B	X.Xx	X.Xx
Lemonade	$4B	$X.XB	$828M	X.Xx	X.Xx
Servyou Software Group	$4B	$X.XB	$346M	X.Xx	X.Xx
Netwealth Group	$4B	$X.XB	$257M	X.Xx	X.Xx
Newland Digital Tech	$4B	$X.XB	$1B	X.Xx	X.Xx
Asseco Poland	$4B	$X.XB	$5B	X.Xx	X.Xx
Plus500	$4B	$X.XB	$789M	X.Xx	X.Xx
GMO Payment Gateway	$4B	$X.XB	$559M	X.Xx	X.Xx
Banco Inter	$4B	$X.XB	$2B	X.Xx	X.Xx
CRISIL	$4B	$X.XB	$413M	X.Xx	X.Xx
dLocal	$4B	$X.XB	$1B	X.Xx	X.Xx
MARA Holdings	$4B	$X.XB	$884M	X.Xx	X.Xx
Remitly Global	$4B	$X.XB	$2B	X.Xx	X.Xx
NCR Atleos	$4B	$X.XB	$4B	X.Xx	X.Xx
Enova International	$4B	$X.XB	$3B	X.Xx	X.Xx
Dubai Financial Market	$4B	$X.XB	$236M	X.Xx	X.Xx
Shift4 Payments	$3B	$X.XB	$2B	X.Xx	X.Xx
Marex Group	$3B	$X.XB	$2B	X.Xx	X.Xx
ZhongAn	$3B	$X.XB	$5B	X.Xx	X.Xx
Q2 Holdings	$3B	$X.XB	$811M	X.Xx	X.Xx
Euronet Worldwide	$3B	$X.XB	$4B	X.Xx	X.Xx
PagSeguro	$3B	$X.XB	$4B	X.Xx	X.Xx
Bread Financial	$3B	$X.XB	$4B	X.Xx	X.Xx
Paymentus	$3B	$X.XB	$1B	X.Xx	X.Xx
Webull	$3B	$X.XB	$600M	X.Xx	X.Xx
Lakala	$3B	$X.XB	$814M	X.Xx	X.Xx
Western Union	$3B	$X.XB	$4B	X.Xx	X.Xx
XTB	$3B	$X.XB	$605M	X.Xx	X.Xx
Rasan	$3B	$X.XB	$189M	X.Xx	X.Xx
Dave	$3B	$X.XB	$581M	X.Xx	X.Xx
Diebold Nixdorf	$3B	$X.XB	$4B	X.Xx	X.Xx
eToro	$3B	$X.XB	$883M	X.Xx	X.Xx
Cleanspark	$3B	$X.XB	$760M	X.Xx	X.Xx
Tradition	$3B	$X.XB	$1B	X.Xx	X.Xx
Upstart	$3B	$X.XB	$1B	X.Xx	X.Xx
Aisino	$3B	$X.XB	—	X.Xx	X.Xx
CorVel	$3B	$X.XB	—	X.Xx	X.Xx
Sezzle	$3B	$X.XB	$474M	X.Xx	X.Xx
Krungthai Card	$3B	$X.XB	$843M	X.Xx	X.Xx
TP ICAP	$3B	$X.XB	$3B	X.Xx	X.Xx
TietoEVRY	$3B	$X.XB	$2B	X.Xx	X.Xx
Vertex	$2B	$X.XB	$764M	X.Xx	X.Xx
Kruk S.A.	$2B	$X.XB	$899M	X.Xx	X.Xx
Lufax Holding	$2B	$X.XB	—	X.Xx	X.Xx
Tradegate	$2B	$X.XB	—	X.Xx	X.Xx
AJ Bell	$2B	$X.XB	$443M	X.Xx	X.Xx
Yixin Group	$2B	$X.XB	$2B	X.Xx	X.Xx
Autohome	$2B	$X.XB	$926M	X.Xx	X.Xx
XGD	$2B	$X.XB	$532M	X.Xx	X.Xx
Intapp	$2B	$X.XB	$552M	X.Xx	X.Xx
iFAST Corp	$2B	$X.XB	$422M	X.Xx	X.Xx
BlackLine	$2B	$X.XB	$713M	X.Xx	X.Xx
Kakaku.com	$2B	$X.XB	$591M	X.Xx	X.Xx
Shenzhen Kingdom Sci-tech	$2B	$X.XB	$493M	X.Xx	X.Xx
Boursa Kuwait	$2B	$X.XB	—	X.Xx	X.Xx
Al Ansari Financial Services	$2B	$X.XB	—	X.Xx	X.Xx
Banco Invex	$2B	$X.XB	$28M	X.Xx	X.Xx
Computer Age Management Services	$2B	$X.XB	$166M	X.Xx	X.Xx
Bitdeer	$2B	$X.XB	$704M	X.Xx	X.Xx
Qfin Holdings	$2B	$X.XB	$3B	X.Xx	X.Xx
Ncino	$2B	$X.XB	$598M	X.Xx	X.Xx
Bursa Malaysia	$2B	$X.XB	$186M	X.Xx	X.Xx
OSL Group	$2B	$X.XB	$77M	X.Xx	X.Xx
SMZDM.com	$2B	$X.XB	—	X.Xx	X.Xx
Alkami Technology	$2B	$X.XB	$460M	X.Xx	X.Xx
Evertec	$2B	$X.XB	$951M	X.Xx	X.Xx
Douzone Bizon	$2B	$X.XB	$313M	X.Xx	X.Xx
Shenzhen Sunline	$2B	$X.XB	—	X.Xx	X.Xx
Marqeta	$2B	$X.XB	$642M	X.Xx	X.Xx
Ziff Davis	$2B	$X.XB	$1B	X.Xx	X.Xx
Indokripto Koin Semesta	$2B	$X.XB	$20M	X.Xx	X.Xx
Payoneer	$2B	$X.XB	$1B	X.Xx	X.Xx
Zip	$2B	$X.XB	$873M	X.Xx	X.Xx
Matsui Securities	$2B	$X.XB	$246M	X.Xx	X.Xx
Isracard	$2B	$X.XB	—	X.Xx	X.Xx
Flywire	$2B	$X.XB	$626M	X.Xx	X.Xx
Phoenix Group	$1B	$X.XB	$117M	X.Xx	X.Xx
Moltiply Group	$1B	$X.XB	$786M	X.Xx	X.Xx
Fujian Boss Software	$1B	$X.XB	$334M	X.Xx	X.Xx
FinVolution Group	$1B	$X.XB	$2B	X.Xx	X.Xx
eFinance	$1B	$X.XB	—	X.Xx	X.Xx
Jasmine Technology Solution	$1B	$X.XB	—	X.Xx	X.Xx
Sinodata	$1B	$X.XB	—	X.Xx	X.Xx
Bitfarms	$1B	$X.XB	$268M	X.Xx	X.Xx
Tiger Brokers	$1B	$X.XB	$569M	X.Xx	X.Xx
Flow Traders	$1B	$X.XB	—	X.Xx	X.Xx
PROG Holdings	$1B	$X.XB	$3B	X.Xx	X.Xx
Fawry	$1B	$X.XB	$186M	X.Xx	X.Xx
Bank Jago	$1B	$X.XB	$178M	X.Xx	X.Xx
Donnelley Financial Solutions	$1B	$X.XB	$771M	X.Xx	X.Xx
Jiangsu Tongxingbao	$1B	$X.XB	—	X.Xx	X.Xx
Deluxe	$1B	$X.XB	$2B	X.Xx	X.Xx
goeasy	$1B	$X.XB	$1B	X.Xx	X.Xx
Indian Energy Exchange	$1B	$X.XB	$65M	X.Xx	X.Xx
Global Infotech	$1B	$X.XB	—	X.Xx	X.Xx
Upbound	$1B	$X.XB	$5B	X.Xx	X.Xx
Client Service International	$1B	$X.XB	—	X.Xx	X.Xx
CMC Markets	$1B	$X.XB	$430M	X.Xx	X.Xx
Bolsa Mexicana	$1B	$X.XB	$261M	X.Xx	X.Xx
Trupanion	$1B	$X.XB	$1B	X.Xx	X.Xx
Monex Group	$1B	$X.XB	$486M	X.Xx	X.Xx
Mony Group	$1B	$X.XB	$602M	X.Xx	X.Xx
74Software	$1B	$X.XB	$838M	X.Xx	X.Xx
Sunyard Technology	$1B	$X.XB	—	X.Xx	X.Xx
Clover Health	$1B	$X.XB	$2B	X.Xx	X.Xx
Abaxx Technologies	$1B	$X.XB	$2M	X.Xx	X.Xx
Fujian Apex Software	$1B	$X.XB	—	X.Xx	X.Xx
Money Forward	$1B	$X.XB	$328M	X.Xx	X.Xx
Vitec Software	$1B	$X.XB	$411M	X.Xx	X.Xx
IRESS	$972M	$X.XB	$394M	X.Xx	X.Xx
United International Holding	$965M	$X.XB	—	X.Xx	X.Xx
American Bitcoin	$942M	$X.XB	$213M	X.Xx	X.Xx
Lianlian DigiTech	$927M	$X.XB	$254M	X.Xx	X.Xx
LINE Pay Taiwan	$917M	$X.XB	$265M	X.Xx	X.Xx
Warsaw Stock Exchange	$917M	$X.XB	$150M	X.Xx	X.Xx
Pagaya	$900M	$X.XB	$1B	X.Xx	X.Xx
Porch Group	$874M	$X.XB	$432M	X.Xx	X.Xx
Johannesburg Stock Exchange	$870M	$X.XB	—	X.Xx	X.Xx
weSure	$826M	$X.XB	—	X.Xx	X.Xx
Navient	$824M	$X.XB	$662M	X.Xx	X.Xx
Nerdwallet	$806M	$X.XB	$849M	X.Xx	X.Xx
Root Inc.	$804M	$X.XB	$2B	X.Xx	X.Xx
SLR Digital Finance	$804M	$X.XB	$218M	X.Xx	X.Xx
Atlanticus	$803M	$X.XB	$2B	X.Xx	X.Xx
Brilliance Technology	$802M	$X.XB	—	X.Xx	X.Xx
Freee	$801M	$X.XB	$252M	X.Xx	X.Xx
McMillan Shakespeare	$797M	$X.XB	$402M	X.Xx	X.Xx
Newgen Software Technologies	$791M	$X.XB	$172M	X.Xx	X.Xx
Cantaloupe	$773M	$X.XB	$303M	X.Xx	X.Xx
Alfa Financial Software	$758M	$X.XB	$171M	X.Xx	X.Xx
Pepper Money	$757M	$X.XB	$279M	X.Xx	X.Xx
Northern Data	$756M	$X.XB	—	X.Xx	X.Xx
GoodRx	$737M	$X.XB	$790M	X.Xx	X.Xx
Hippo Insurance	$729M	$X.XB	$492M	X.Xx	X.Xx
Boku	$712M	$X.XB	—	X.Xx	X.Xx
Hypoport	$696M	$X.XB	$645M	X.Xx	X.Xx
Infibeam Avenues	$684M	$X.XB	$784M	X.Xx	X.Xx
QuinStreet	$659M	$X.XB	$1B	X.Xx	X.Xx
Bravura Solutions	$652M	$X.XB	$191M	X.Xx	X.Xx
Green Dot	$649M	$X.XB	$2B	X.Xx	X.Xx
LendingTree	$647M	$X.XB	$1B	X.Xx	X.Xx
OTC Markets	$629M	$X.XB	$122M	X.Xx	X.Xx
FINEOS	$627M	$X.XB	$165M	X.Xx	X.Xx
Forge Global	$623M	$X.XB	$108M	X.Xx	X.Xx
EverQuote	$615M	$X.XB	$709M	X.Xx	X.Xx
Propel Holdings	$606M	$X.XB	$620M	X.Xx	X.Xx
Digital Garage	$582M	$X.XB	$272M	X.Xx	X.Xx
HIVE Digital Technologies	$582M	$X.XB	$300M	X.Xx	X.Xx
Funding Circle	$563M	$X.XB	$280M	X.Xx	X.Xx
NHN KCP	$557M	$X.XB	$864M	X.Xx	X.Xx
Worldline	$538M	$X.XB	$5B	X.Xx	X.Xx
Aurionpro Solutions	$537M	$X.XB	$160M	X.Xx	X.Xx
Bit Digital	$536M	$X.XB	$133M	X.Xx	X.Xx
CARE Ratings	$525M	$X.XB	$50M	X.Xx	X.Xx
i3 Verticals	$523M	$X.XB	$220M	X.Xx	X.Xx
PayPoint	$507M	$X.XB	$257M	X.Xx	X.Xx
Better Home & Finance	$499M	$X.XB	$182M	X.Xx	X.Xx
PensionBee	$490M	$X.XB	$60M	X.Xx	X.Xx
eGuarantee	$479M	$X.XB	$72M	X.Xx	X.Xx
Baiwang Cloud	$472M	$X.XB	—	X.Xx	X.Xx
Intermex	$469M	$X.XB	$615M	X.Xx	X.Xx
Priority Technology Holdings	$469M	$X.XB	$967M	X.Xx	X.Xx
Athens Exchange Group	$464M	$X.XB	—	X.Xx	X.Xx
LexinFintech	$463M	$X.XB	$2B	X.Xx	X.Xx
CTOS Digital	$453M	$X.XB	$84M	X.Xx	X.Xx
Blend Labs	$436M	$X.XB	$126M	X.Xx	X.Xx
Hightech Payment Systems	$409M	$X.XB	$168M	X.Xx	X.Xx
DANAL	$395M	$X.XB	$155M	X.Xx	X.Xx
BitFuFu	$395M	$X.XB	$489M	X.Xx	X.Xx
Lesaka Technologies	$389M	$X.XB	$511M	X.Xx	X.Xx
Yeahka	$381M	$X.XB	$494M	X.Xx	X.Xx
Paysafe	$357M	$X.XB	$2B	X.Xx	X.Xx
Value Line	$346M	$X.XB	—	X.Xx	X.Xx
NewtekOne	$346M	$X.XB	$294M	X.Xx	X.Xx
Zaggle Prepaid Ocean	$340M	$X.XB	$199M	X.Xx	X.Xx
Miroku Jyoho Service	$339M	$X.XB	$308M	X.Xx	X.Xx
Automated Bank Services	$339M	$X.XB	—	X.Xx	X.Xx
Net Protections Holdings	$338M	$X.XB	$159M	X.Xx	X.Xx
Jiayin Group	$333M	$X.XB	—	X.Xx	X.Xx
Morrow Bank	$332M	$X.XB	$157M	X.Xx	X.Xx
Yiren Digital	$326M	$X.XB	—	X.Xx	X.Xx
Avant Group	$318M	$X.XB	$196M	X.Xx	X.Xx
Leonteq	$316M	$X.XB	$237M	X.Xx	X.Xx
Tyro Payments	$312M	$X.XB	$340M	X.Xx	X.Xx
Coincheck Group	$310M	$X.XB	$3B	X.Xx	X.Xx
Exodus Movement	$307M	$X.XB	$121M	X.Xx	X.Xx
Kolon Plastics	$304M	$X.XB	—	X.Xx	X.Xx
63 Moons	$303M	$X.XB	—	X.Xx	X.Xx
Bourse Direct	$303M	$X.XB	$87M	X.Xx	X.Xx
GalaxiaMoneytree	$298M	$X.XB	—	X.Xx	X.Xx
Philippine Stock Exchange	$282M	$X.XB	—	X.Xx	X.Xx
NZX	$277M	$X.XB	$78M	X.Xx	X.Xx
Finatext	$272M	$X.XB	$70M	X.Xx	X.Xx
DeFi Technologies	$262M	$X.XB	$100M	X.Xx	X.Xx
Network People Services	$260M	$X.XB	—	X.Xx	X.Xx
GMO Financial Gate	$259M	$X.XB	$122M	X.Xx	X.Xx
OppFi	$254M	$X.XB	$610M	X.Xx	X.Xx
Repay Holdings	$254M	$X.XB	$316M	X.Xx	X.Xx
Humm Group	$248M	$X.XB	$379M	X.Xx	X.Xx
Hecto Financial	$243M	$X.XB	$130M	X.Xx	X.Xx
Sino	$242M	$X.XB	$14M	X.Xx	X.Xx
Amber International	$242M	$X.XB	$72M	X.Xx	X.Xx
Oportun	$237M	$X.XB	$954M	X.Xx	X.Xx
wallstreet:online	$235M	$X.XB	$79M	X.Xx	X.Xx
PCA Corp.	$234M	$X.XB	$114M	X.Xx	X.Xx
AIX Inc.	$231M	$X.XB	—	X.Xx	X.Xx
FinWise	$228M	$X.XB	$151M	X.Xx	X.Xx
Credit Bureau Asia	$227M	$X.XB	$48M	X.Xx	X.Xx
Linedata Services	$225M	$X.XB	$202M	X.Xx	X.Xx
KG Inicis	$215M	$X.XB	$918M	X.Xx	X.Xx
Fonix	$212M	$X.XB	$105M	X.Xx	X.Xx
PaySign	$202M	$X.XB	$84M	X.Xx	X.Xx
Antalpha Platform Holding	$199M	$X.XB	$83M	X.Xx	X.Xx
Instabank	$198M	$X.XB	$68M	X.Xx	X.Xx
X Financial	$195M	$X.XB	—	X.Xx	X.Xx
ALT5 Sigma	$194M	$X.XB	—	X.Xx	X.Xx
Adventure	$192M	$X.XB	$25M	X.Xx	X.Xx
wrkr	$192M	$X.XB	$9M	X.Xx	X.Xx
Beeks Group	$190M	$X.XB	$52M	X.Xx	X.Xx
Profile Software	$190M	$X.XB	$61M	X.Xx	X.Xx
Fino Payments Bank	$184M	$X.XB	$179M	X.Xx	X.Xx
Msg Life	$179M	$X.XB	—	X.Xx	X.Xx
First Internet Bank	$177M	$X.XB	$161M	X.Xx	X.Xx
Aptitude Software	$173M	$X.XB	$89M	X.Xx	X.Xx
MobiKwik	$173M	$X.XB	$125M	X.Xx	X.Xx
EML Payments	$172M	$X.XB	$150M	X.Xx	X.Xx
Bitcoin Group	$170M	$X.XB	—	X.Xx	X.Xx
Capital B	$169M	$X.XB	—	X.Xx	X.Xx
Open Lending	$168M	$X.XB	$95M	X.Xx	X.Xx
Intelligent Wave	$166M	$X.XB	$106M	X.Xx	X.Xx
Multitude	$160M	$X.XB	$280M	X.Xx	X.Xx
Briox	$160M	$X.XB	—	X.Xx	X.Xx
SAB Finance	$158M	$X.XB	—	X.Xx	X.Xx
WonderFi	$156M	$X.XB	—	X.Xx	X.Xx
CSU Digital	$153M	$X.XB	—	X.Xx	X.Xx
Eastern Union	$149M	$X.XB	—	X.Xx	X.Xx
Serko	$148M	$X.XB	$69M	X.Xx	X.Xx
Turn Cloud Technology	$143M	$X.XB	$26M	X.Xx	X.Xx
CPI Card	$142M	$X.XB	$558M	X.Xx	X.Xx
COL Financial Group	$142M	$X.XB	—	X.Xx	X.Xx
SelectQuote	$140M	$X.XB	$2B	X.Xx	X.Xx
Business Online	$139M	$X.XB	—	X.Xx	X.Xx
Formpipe Software	$139M	$X.XB	$34M	X.Xx	X.Xx
accesso	$135M	$X.XB	$152M	X.Xx	X.Xx
Bulgarian Stock Exchange	$127M	$X.XB	$13M	X.Xx	X.Xx
Plenti Group	$127M	$X.XB	$211M	X.Xx	X.Xx
Pakistan Stock Exchange	$123M	$X.XB	—	X.Xx	X.Xx
Currency Exchange International	$121M	$X.XB	$73M	X.Xx	X.Xx
Link Bilgisayar	$118M	$X.XB	—	X.Xx	X.Xx
Ateam Holdings	$118M	$X.XB	$162M	X.Xx	X.Xx
Directa Sim	$117M	$X.XB	—	X.Xx	X.Xx
FnGuide	$116M	$X.XB	—	X.Xx	X.Xx
5paisa Capital	$110M	$X.XB	—	X.Xx	X.Xx
Temairazu	$109M	$X.XB	$15M	X.Xx	X.Xx
Arab Sea	$108M	$X.XB	—	X.Xx	X.Xx
OFX Group	$102M	$X.XB	$149M	X.Xx	X.Xx
Blueone Card	$102M	$X.XB	—	X.Xx	X.Xx
AutoCount	$100M	$X.XB	—	X.Xx	X.Xx
Bursa De Valori Bucuresti	$99M	$X.XB	—	X.Xx	X.Xx
Roadzen	$98M	$X.XB	$57M	X.Xx	X.Xx
Health In Tech	$96M	$X.XB	$34M	X.Xx	X.Xx
Prairie Operating Co.	$91M	$X.XB	$309M	X.Xx	X.Xx
Spectra Systems	$89M	$X.XB	—	X.Xx	X.Xx
Expensify	$89M	$X.XB	$141M	X.Xx	X.Xx
XBP Europe	$88M	$X.XB	—	X.Xx	X.Xx
Gogolook	$88M	$X.XB	—	X.Xx	X.Xx
AtaTP	$88M	$X.XB	—	X.Xx	X.Xx
CDON	$87M	$X.XB	$50M	X.Xx	X.Xx
RS2	$86M	$X.XB	—	X.Xx	X.Xx
Soluna Holdings	$86M	$X.XB	$34M	X.Xx	X.Xx
Credit Clear	$85M	$X.XB	$38M	X.Xx	X.Xx
SysJust	$85M	$X.XB	—	X.Xx	X.Xx
WebCash	$85M	$X.XB	$53M	X.Xx	X.Xx
The9	$85M	$X.XB	—	X.Xx	X.Xx
IODM	$81M	$X.XB	—	X.Xx	X.Xx
Vroom	$81M	$X.XB	—	X.Xx	X.Xx
BTCS	$79M	$X.XB	$15M	X.Xx	X.Xx
Bango	$79M	$X.XB	$54M	X.Xx	X.Xx
Wellnet	$78M	$X.XB	$74M	X.Xx	X.Xx
FingerMotion	$75M	$X.XB	—	X.Xx	X.Xx
Fold Holdings	$72M	$X.XB	$37M	X.Xx	X.Xx
Delfin	$70M	$X.XB	—	X.Xx	X.Xx
Veefin	$67M	$X.XB	—	X.Xx	X.Xx
Cheche Group	$64M	$X.XB	—	X.Xx	X.Xx
MoneyMe	$64M	$X.XB	$149M	X.Xx	X.Xx
MoneyHero	$62M	$X.XB	$80M	X.Xx	X.Xx
Ailleron	$61M	$X.XB	$167M	X.Xx	X.Xx
Qliro	$58M	$X.XB	$49M	X.Xx	X.Xx
LendInvest	$58M	$X.XB	$59M	X.Xx	X.Xx
Bitcoin Depot	$57M	$X.XB	$602M	X.Xx	X.Xx
IFIRMA	$57M	$X.XB	—	X.Xx	X.Xx
Fast Accounting co	$57M	$X.XB	$15M	X.Xx	X.Xx
Beforepay	$57M	$X.XB	$32M	X.Xx	X.Xx
Transaction Media Networks	$57M	$X.XB	$84M	X.Xx	X.Xx
Metalpha Technology Holdings	$52M	$X.XB	—	X.Xx	X.Xx
Jamaica Stock Exchange	$51M	$X.XB	—	X.Xx	X.Xx
Matriks	$51M	$X.XB	—	X.Xx	X.Xx
Creactives Group	$51M	$X.XB	$8M	X.Xx	X.Xx
TOP Financial Group	$48M	$X.XB	—	X.Xx	X.Xx
GetBusy	$47M	$X.XB	$30M	X.Xx	X.Xx
More Impact	$45M	$X.XB	—	X.Xx	X.Xx
HiPay	$44M	$X.XB	$87M	X.Xx	X.Xx
Rego Payment	$44M	$X.XB	—	X.Xx	X.Xx
AmeriTrust	$43M	$X.XB	$2M	X.Xx	X.Xx
Change Financial	$42M	$X.XB	$17M	X.Xx	X.Xx
NETSOL Technologies	$41M	$X.XB	—	X.Xx	X.Xx
Reckon	$41M	$X.XB	$45M	X.Xx	X.Xx
Findi	$39M	$X.XB	$49M	X.Xx	X.Xx
Net digital	$38M	$X.XB	—	X.Xx	X.Xx
Usio	$38M	$X.XB	$88M	X.Xx	X.Xx
eHealth	$38M	$X.XB	$534M	X.Xx	X.Xx
Crypto Blockchain Industries	$37M	$X.XB	—	X.Xx	X.Xx
K33	$36M	$X.XB	—	X.Xx	X.Xx
Marketwise	$36M	$X.XB	$328M	X.Xx	X.Xx
Phunware	$36M	$X.XB	—	X.Xx	X.Xx
Stock3	$36M	$X.XB	—	X.Xx	X.Xx
Wisr	$34M	$X.XB	$72M	X.Xx	X.Xx
YSX Tech	$32M	$X.XB	—	X.Xx	X.Xx
Inderes	$32M	$X.XB	$23M	X.Xx	X.Xx
Neovici	$29M	$X.XB	—	X.Xx	X.Xx
Katapult	$29M	$X.XB	$301M	X.Xx	X.Xx
Gumtree Australia	$29M	$X.XB	—	X.Xx	X.Xx
GoHealth	$28M	$X.XB	$415M	X.Xx	X.Xx
Nord Insuretech Group	$27M	$X.XB	—	X.Xx	X.Xx
Hyperion DeFi	$27M	$X.XB	$2M	X.Xx	X.Xx
Mogo	$27M	$X.XB	$51M	X.Xx	X.Xx
Insig AI	$25M	$X.XB	—	X.Xx	X.Xx
NamSys	$24M	$X.XB	—	X.Xx	X.Xx
Aijinet	$23M	$X.XB	—	X.Xx	X.Xx
PaySauce	$23M	$X.XB	—	X.Xx	X.Xx
Zhibao Technology	$22M	$X.XB	—	X.Xx	X.Xx
Upland Software	$22M	$X.XB	$214M	X.Xx	X.Xx
Greater Than	$22M	$X.XB	—	X.Xx	X.Xx
Aucfan	$22M	$X.XB	$20M	X.Xx	X.Xx
Crunchfish	$22M	$X.XB	$289K	X.Xx	X.Xx
Alpcot Holding	$21M	$X.XB	$10M	X.Xx	X.Xx
Huize Holding	$20M	$X.XB	—	X.Xx	X.Xx
Greenidge Generation	$20M	$X.XB	$59M	X.Xx	X.Xx
Keyware	$20M	$X.XB	—	X.Xx	X.Xx
Bolsa de Santiago	$20M	$X.XB	—	X.Xx	X.Xx
Traders Club	$19M	$X.XB	—	X.Xx	X.Xx
Tick Trading Software	$19M	$X.XB	—	X.Xx	X.Xx
Surgepays	$18M	$X.XB	$76M	X.Xx	X.Xx
Huddlestock	$17M	$X.XB	—	X.Xx	X.Xx
Konsolidator	$16M	$X.XB	—	X.Xx	X.Xx
Valuno Group	$16M	$X.XB	—	X.Xx	X.Xx
Ebang	$15M	$X.XB	—	X.Xx	X.Xx
Nowonomics	$15M	$X.XB	—	X.Xx	X.Xx
3R Games	$14M	$X.XB	—	X.Xx	X.Xx
B+S Banksysteme	$14M	$X.XB	$15M	X.Xx	X.Xx
Butn	$14M	$X.XB	—	X.Xx	X.Xx
Dynastar Holdings	$14M	$X.XB	—	X.Xx	X.Xx
BTC Digital	$13M	$X.XB	—	X.Xx	X.Xx
QuoteMedia	$13M	$X.XB	$20M	X.Xx	X.Xx
Yolo Group	$12M	$X.XB	—	X.Xx	X.Xx
Ease2pay	$11M	$X.XB	—	X.Xx	X.Xx
Finseta	$10M	$X.XB	$18M	X.Xx	X.Xx
SaveLend	$10M	$X.XB	—	X.Xx	X.Xx
Analizy Online	$9M	$X.XB	—	X.Xx	X.Xx
Advanced Blockchain	$7M	$X.XB	—	X.Xx	X.Xx
Raize-Instituicao	$7M	$X.XB	—	X.Xx	X.Xx
UCapital24	$6M	$X.XB	—	X.Xx	X.Xx
Blockmate Ventures	$5M	$X.XB	—	X.Xx	X.Xx
AGS Transact	$5M	$X.XB	—	X.Xx	X.Xx
Rocket Sharing	$4M	$X.XB	—	X.Xx	X.Xx
Comperia	$4M	$X.XB	—	X.Xx	X.Xx
Bit Origin	$4M	$X.XB	—	X.Xx	X.Xx
Boleron	$4M	$X.XB	—	X.Xx	X.Xx
Mawson Infrastructure Group	$3M	$X.XB	—	X.Xx	X.Xx
AGM Group Holdings	$3M	$X.XB	—	X.Xx	X.Xx
Notoria Serwis	$3M	$X.XB	—	X.Xx	X.Xx
Goobit Group	$3M	$X.XB	—	X.Xx	X.Xx
Arax Holdings	$2M	$X.XB	—	X.Xx	X.Xx
Fast Finance24	$2M	$X.XB	—	X.Xx	X.Xx
Gamedust	$2M	$X.XB	—	X.Xx	X.Xx
Metal Arts	$83K	$X.XB	—	X.Xx	X.Xx
Voxtur Analytics	$23K	$X.XB	—	X.Xx	X.Xx
Pros Holdings	—	$X.XB	$370M	X.Xx	X.Xx
Sapiens	—	$X.XB	—	X.Xx	X.Xx
Naga Group	—	$X.XB	$76M	X.Xx	X.Xx