Raising Capital In A Thin Market, Industry Leader Shares His Insight

Corey B. Davis, Managing Director, Fintech Investment Banking at BMO Capital Markets Corp., was a panelist at Benzinga’s 9th Annual Fintech Deal Day & Awards.

BMO Capital Markets is a leading, full-service financial services provider. It offers corporate and investment banking, treasury management and research and advisory services to clients worldwide.

Mr. Davis spoke about the reality of raising capital in a tough macro environment. In today's market, a good valuation is 5 to 7 times revenues, which stands in stark contrast to a few years ago when 20 times was seen as reasonable.

Watch the full panel here:

Featured photo by micheile henderson on Unsplash.

This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!
fintech-banner
Fintech Focus Newsletter
Your update on what's going on in the Fintech space. Keep up-to-date with news, valuations, mergers, funding, and events. Sign up today!