-47%

est. 2Y upside i

FinTech

Powered by stablecoins, Fin enables users and businesses to move millions of dollars in seconds - whether to other Fin users, directly into bank accounts, or across crypto rails. By combining the speed of crypto with the reliability and trust of traditional finance, Fin reimagines how money moves worldwide. If banks and payment products were reinvented today, they would look like Fin.

Rank

#2470

Sector

Fintech Software

Est. Liquidity

~3Y

Data Quality

Data: Medium

Fin is a late-stage fintech company with a strong competitive moat in the highly regulated B2B alcohol payment automation space, expanding into broader retail and hospitality.

Last updated: March 10, 2026

Bull (25%)+100%

Fin successfully leverages its strong network effects and regulatory expertise to rapidly expand its B2B payment automation and inventory management solutions across the broader retail and hospitality sectors, achieving 25% annual revenue growth to ~$97M by 2028. This execution, coupled with a favorable market, drives multiple expansion to ~4.1x revenue, resulting in a $398M valuation.

Base (50%)+44%

Fin continues to grow steadily within its core alcohol industry and achieves moderate success in its expansion into retail and hospitality, growing revenue at 20% annually to ~$89M by 2028. The company maintains its current revenue multiple of ~3.2x, leading to a valuation of $287M.

Bear (25%)-40%

Increased competition from larger fintech players or slower-than-expected adoption in new markets leads to decelerated growth and significant multiple compression. Revenue grows at a modest pace to ~$89M by 2028, but the valuation multiple contracts to ~1.3x revenue, resulting in a down round to $119M, significantly impairing common stock value due to liquidation preferences.

Est. time to liquidity~3.0 years

Preference Stack Risk

high

Investors hold approximately $100M in estimated liquidation preferences, meaning common stock holders would see returns only after this amount is covered in an exit. In a flat or down exit, common stock value could be significantly impaired.

Dilution Risk

moderate

As a late-stage, PE-backed company, significant dilution from future funding rounds is less likely than in earlier stages, but acquisitions may involve equity, and some dilution is always possible prior to an exit.

Secondary Liquidity

limited

As a private company, active secondary markets for employee equity are typically limited, though tender offers from investors or the company may occur periodically.

Engineering — 4 roles

Product & Business Development — 4 roles

Compliance — 1 role

View all 9 open roles at Fin →

Last updated: March 10, 2026

Questions to Ask at the Interview

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

  • 1

    “Given Fin's strong position in the regulated alcohol industry, how is the company strategically approaching its expansion into the broader retail and hospitality B2B payment automation market to maintain its competitive moat against larger, more diversified fintech players?”

  • 2

    “With current revenue at ~$62M and a composite TAM growth of ~25% YoY, what are the key initiatives and metrics the leadership team is focused on to accelerate revenue growth beyond the industry average and achieve significant market penetration in the next 2-3 years?”

  • 3

    “Considering the strategic investment from General Atlantic in 2023 and prior acquisition by TA Associates, what is the anticipated timeline and most likely exit scenario (e.g., IPO, strategic acquisition) for Fin, and how is the company preparing to maximize common stock value for employees?”

Community

Valuation Sentiment

Our model estimates -47% 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.