American Express has historically focused on building their own products but the firm is now open to more partnerships to...
While most companies are trying to conserve cash and figure out how they can make it to the other side,...
2019 has become a big year for fintech mergers and that trends look to continue for some time; payments in...
Indonesia based ride-hailing startup Gojek has branched out beyond their core business into food delivery, logistics and digital payments; the...
Another week with no major news from the banking system as the challenges of last month have been kept in check.
Experian just acquired credit reporting fintech ClearScore for $385mn; this follows the mortgage brokerage deal they did with London & Country Mortgages back in December; Experian is looking to expand their offerings and brand through the deals; this is part of a wider trend in fintech as more incumbent players have seen the value fintech startups have brought to market. Source
Digital payments have taken off during the current crisis with people using platforms like PayPal more than ever before; PayPal...
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.
With their recent acquisition of Credit Karma still fresh in everyone’s minds Intuit is rumored to be eyeing more fintechs;...
In this week’s PeerIQ Industry Update they cover the recent rebound of equity markets after a volatile few weeks, regulatory news and a deep dive on fintech M&A; OnDeck announced they had reached GAAP profitability and it was reported that SoFi missed their internal targets; PeerIQ takes a deep dive on why banks should buy online lenders; some of the key reasons inclined ROE potential for the banks and to avoid potentially losing market share to big tech firms who might enter the space in the next few years. Source.