ACTIV Financial Systems

est. 2Y upside i

FinTechSeries B

Rank

#2165

Sector

Fintech

Est. Liquidity

~2Y

Data Quality

Data: Low

Equity upside is highly uncertain due to missing valuation and growth data.

Last updated: July 19, 2026

Bull (15%)0%

Entry valuation unknown; bull case requires significant revenue acceleration and multiple expansion, but no data supports this.

Base (50%)0%

Base scenario assumes stagnant growth and multiple contraction due to competitive pressure from incumbents; valuation uncertain.

Bear (35%)-100%

Bear case: preference stack of $25M likely exceeds enterprise value, resulting in zero recovery for common equity.

Est. time to liquidity~2.0 years

Preference Stack Risk

high

Funding Intensity

215%

Total funding of $25M vs unknown valuation implies preferred stock may dominate in a downside scenario.

Dilution Risk

high

No recent raises suggest company may need capital, leading to significant dilution for common holders.

Secondary Liquidity

none

No secondary market activity reported; liquidity events likely tied to M&A.

Other — 7 roles

Last updated: July 3, 2026

Questions to Ask at the Interview

Strategic questions based on ACTIV Financial Systems's data — designed to show you've done your homework.

1
“Can you describe the current equity structure post-acquisition and how employee equity is handled (e.g., Options Technology RSUs?)”
2
“What is the strategic direction of ACTIV within Options Technology?”
3
“How does the company plan to compete with Bloomberg and Refinitiv in the market data space?”

Our model estimates 0% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.