Company Financials

Analysis: Hyperliquid prints $550MM revenue and $40B valuation with no VCs

With $300B in monthly volume, this small team may have created the next Binance onchain.

Jun 20 •

Fintech: Chime IPO Primer - Can it hit $15B?

Winning the primary bank customer is not enough

May 27 •

Michiel Milanovic

Fintech: Can Revolut beat Robinhood in the US and Nubank in LATAM?

The trade-off between product expansion and overseas growth

Apr 29 •

Michiel Milanovic

Analysis: Our eToro IPO Primer, a global neobroker with $300MM in profit

With $300M in EBITDA, eToro’s IPO may rival Webull, Robinhood, and Coinbase.

Apr 17 •

Analysis: Our Circle IPO Primer, $1.6B revenue reaching for $10B valuation

Interest rates all the way down

Apr 3 •

Fintech: Klarna IPO Primer; will it reach $30B?

Benchmarking the category-defining Swedish BNPL against Affirm

Apr 1 •

Michiel Milanovic

AI: Is CoreWeave’s $35B IPO an AI Hyperscaler or a GPU Debt Trap?

CoreWeave is set to be the most anticipated tech IPO of the last few years as investors prepare for the first pure play AI IPO opportunity available to…

Mar 18 •

Analysis: Will Revolut’s Gamble on Investment and Stablecoins Pay Off?

Revolut’s new investment app targets eToro and Robinhood with €8.5B AUM.

Sep 26, 2024 •

Analysis: Monetization of financial data at $4B Envestnet, $170B Intuit, and $7B SoFi

Why Envestnet's Data Potential Falls Short Amid $3.5B Sale

Jul 11, 2024 •

Financial Analysis: Understanding Revolut's $2.2B revenue & $540MM+ profits

Higher interest rates have significantly boosted the profitability of leading neobanks.

Jul 4, 2024 •

Financial Analysis: Dissecting Monzo’s new $5B valuation and 9MM UK customers

Breaking down the path to growth in the UK and overseas

Mar 6, 2024 •

Michiel Milanovic

Financial Analysis: Will $5B Trade Republic, Germany’s Robinhood, win the race for European wealth?

Navigating dooming PFOF regulations and a potential cut in interest rates

Jan 24, 2024 •

Michiel Milanovic

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