2022 FINTECH M&A ROUNDUP
Economic Climate Driving Industry Consolidation
2022 FinTech M&A Roundup
The FinTech industry has experienced a period of consolidation in 2022 due to the current economic climate, characterized by a slowdown and the prospect of a recession. This has led fintechs to seek mergers or acquisitions with other firms in order to unlock economies of scale and scope, as well as gain access to additional capital and other resources.
Consolidation is also being driven by the need for financial institutions to innovate and stay ahead of the curve by acquiring innovative fintechs and their tech capabilities and business expertise.
FinTech Mergers and Acquisitions Roundup 2022 provides a summary of notable M&As across the segments of digital banking, digital payments, FinTech infrastructure, embedded finance, and more.