In Europe alone, marketplaces were worth a combined €685B. Fintech-enabled marketplaces have enterprise value/sales of 6.7x, compared to 5.3x and 4.6x for other marketplaces and financial services, respectively. Online marketplace sales accounted for a fifth of all consumer spending. Pairing financial services with online marketplaces is known to create outsized returns. Online marketplaces are now…
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Tech investments in emerging markets have been in full swing over the past couple of years and their ecosystems have thrived as a result. Some of these markets like Africa, Latin America, and India, have comprehensive reports by publications and firms on trends and investments in their individual regions. But there’s hardly a report to…
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Tim Parkin Contributor Tim Parkin, president of Parkin Consulting, is a consultant, advisor, and coach to marketing executives globally. He specializes in helping marketing teams optimize performance, accelerate growth, and maximize their results. The tidal wave of growth is upon us — an unprecedented economic boom that will manifest later this year, bringing significant investments,…
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Six-year-old Bangalore-based fintech Razorpay topped a $1 billion valuation late last year, becoming the first Y Combinator-backed Indian startup to reach the much sought after unicorn status. In less than six months since, the Indian startup has tripled its valuation and is preparing to launch in the Southeast Asian markets. Razorpay said on Monday it…
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