European VC in Fintech: Equity Research I
- May 10, 2023
- 1 min read
Bocconi Students Fintech Society has, through an Equity Research, analysed the worktech company Swile, who is backed by the Fintech-focused European venture capital company Index Ventures. Swile recently raised $200 million in a Series D funding round led by SoftBank Group International. With this funding round, Swile is now the second fastest French company to reach unicorn status, meaning that it has a valuation of $1 billion or more.
After analyzing the KPIs of the company, we came up with a BUY recommendation based on our analysts’ emphatic endorsement of the stock.
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