Fintech · Regulatory
Financial modelling & valuation for FCA business plan submission
Client: UK Fintech
Challenge
A UK fintech preparing its FCA authorisation needed a defensible five-year financial model and valuation to support its regulatory business plan and capital adequacy assessment.
Approach
- Built a fully integrated three-statement model with driver-based revenue build, unit economics and cohort assumptions.
- Stress-tested liquidity, ICARA and wind-down scenarios in line with FCA expectations.
- Delivered DCF, comparable company and precedent transaction valuations with sensitivities.
Impact
- Financial model successfully submitted as part of the regulatory authorisation pack.
- Capital requirement optimised through refined cost phasing.
- Investor-ready valuation used in a subsequent funding round.
