The acquisition aims to combine the tools of both companies to make a reportedly unique app for small business owners.
'There are going to be a lot of M&As in the market. There's going to be a lot of innovation and focus on unit economics'
It is not news that the buy-now-pay-later space is the hottest vertical in fintech. With three companies, Afterpay, Klarna and...
That was quick. After receiving preliminary approval from the OCC on December 30, LendingClub announced today that they have now...
We are seeing the fintech industry shakeout with mergers and acquisitions as well as outright failures. Here are the key challenges facing fintechs today.
On Monday, Finastra and Jifiti announced a point of sale Buy Now Pay Later (BNPL) embedded finance partnership for financial institutions.
Wednesday morning Goldman Sachs, not looking to be left behind, announced it would be acquiring GreenSky for $2.24 billion.
Interest rates remain high, valuations have fallen and overall deal volume is down across sectors — including fintech M&A activity. But deals are still getting done, albeit slowly and with more caution from investors. BPM Partners James Lichau and Craig Hamm outline their top strategies for navigating the current fintech M&A environment.
Facing tighter financing conditions, several financial technology companies in Latin America have accelerated mergers and acquisitions plans.
After a slow start to 2022 and a declining economic environment, the future of M&A with incumbents has become uncertain, however the combination can bring lasting benefits to both parties that may override the mayhem.