think they need to message better
so best to look at competitors in their sector
BIG FIRMS
- Credit Karma $4 Billion valuation based on recent capital raise
- Lifelock $2 Billion valuation based on recent sale of company.
MIDSIZE FIRMS
- Nova Credit $80 Million valuation $16 mil cap raise & $4 mil revenues
OTC Markets says this fintech company is $7 million valuation.
(283 mil shares x $0.025 = $7 million valuation).
if they can get 2 million in revenue run rate and its 15x multiple its $30 mil valuation on ($30 mil valuation / 283 million shares = $0.10)
Its all about getting more and more clients from banks, acquisitions, strategic partnerships, etc etc.