Listed fintech valuations down impacting IPOs of UK fintechs

Surprised I didn’t see a discussion on this (apologies if I’ve missed it) but wondering what people’s thoughts are on the rotation out of growth/fintech stocks (in the US particularly) and how it will impact UK/European fintech IPOs like it seems to have already with Chime in the US.

$PYPL (-65%)
$SQ (-55%)

Etc…

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