Fintech and payments
Fintech valuation calculator
Places a fintech company inside its sub-sector band of public multiples, adjusts for growth and margin, and bridges enterprise value to equity value.
Open the calculator
Windsor Drake Research
Ten calculators and nine benchmark explorers, built on sourced transaction data and public comparables. Each returns an indicative range from your own numbers in a few minutes. None replaces a valuation built from the company’s records.
Calculators
Pick the tool built for your business model. Sector calculators use that sector’s comparables; the two method calculators work for any industry.
Fintech and payments
Places a fintech company inside its sub-sector band of public multiples, adjusts for growth and margin, and bridges enterprise value to equity value.
Open the calculatorFintech and payments
Net revenue, take rate and processing volume to an indicative range.
Open the calculatorSoftware
ARR, growth, net revenue retention and margin to an indicative range.
Open the calculatorSoftware
For license, maintenance and services revenue mixes.
Open the calculatorCybersecurity
ARR, growth and sub-sector to an indicative range.
Open the calculatorIT services
Project and recurring revenue to an indicative range.
Open the calculatorManaged services
Recurring revenue mix, margin and churn to a range.
Open the calculatorE-commerce
Contribution margin, repeat purchase rate and acquisition spend to a range.
Open the calculatorAny industry
The EBITDA multiple method, with the company placed inside its industry band by growth.
Open the calculatorAny industry
Discounted cash flow with every assumption stated: the forecast, the discount rate and the terminal value.
Open the calculatorBenchmark explorers
Public comparables for six sub-sectors and the Fintech Exit Index of disclosed deals.
PayFac, acquiring, orchestration and rails, refreshed quarterly.
Public comparable multiples and the growth and margin trade-off behind them.
Multiples for software built for a single industry.
Category-level multiples across the security stack.
Sale multiples by layer of the stack, sourced.
Private-company ranges for 25 industries, by EBITDA size band.
Sourced benchmark explorer for IT services.
Sourced benchmark explorer for managed service providers.
The data underneath
A median 10.8x EV to revenue across 21 disclosed fintech acquisitions, each with its source. Version 2026.10.
The index and its ledger578 fintech M&A transactions tracked since November 2019, with buyer, sub-sector and source.
Browse transactionsThe gap between what a serial acquirer pays in an unbanked bilateral deal and what the same business clears in a competitive process.
The indexMethodology: how the data is built. Data, a JSON API and an MCP server: Market Intelligence for developers.
From a range to a price
A calculator gives a range. Buyers set the price. The Readout puts three things in writing: a price range for the company today, the three or four buyers most likely to pay it, and a sell now, sell later or do not sell verdict. No buyer is contacted.
About the ReadoutA first conversation is confidential and starts with your numbers. Every inquiry is read and answered personally, usually within one business day.