Another tax software provider gets snapped up for $720 million (TWIF 11/6)

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Please find another week of fintech exits and deep reads below.
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☯️ Exits
🤝 M&A - Fintech
- Retail-focused buy-now-pay-later provider Ampla* (disclosure: a Fintech Fund portfolio company) acquired consumer brand payment plan provider Upside Financing.
- Private equity firm Cinven acquired UK tax planning software builder TaxAct for $720 million.
- Cannabis banking provider Safe Harbor Financial announced its acquisition of cannabis fintech platform Abaca for $30 million.
- Singaporean alternative assets investing platform Alta acquired digital securities exchange Hg Exchange.
- Amberdata, which provides datastreams on digital assets, acquired crypto analytics company Genesis Volatility.
- PCI-validated payment credential encryption provider Bluefin acquired omnichannel payment solution TECS Payment Systems.
- Crypto exchange Bakkt will acquire rival Apex Crypto in a deal worth around $200 million.
🏦 M&A - Bank and FinServ
- Citigroup agreed to sell its portfolio of Russian personal installment loans to commercial bank Uralsib.
- Australian wealth management firm Perpetual rebuffed an $A1.7 billion takeover offer from private equity.
- TIAA is selling its bank, TIAA Bank, to a group of private investors so it can focus on its retirement and asset management businesses.
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🌎 Fintech Around the World
Euro Banking Association publishes fraud taxonomy
This Y Combinator-backed fintech startup* aims to be the Amazon Pay of the Middle East
FinTech in ASEAN 2022: Finance, reimagined
Small Businesses in Canada Looking at Banks for Advice to Weather Challenging Economy
📚 Deeper Reads & Features
Institutional DeFi: The Next Generation of Finance?
Net zero could lead to ‘the largest redeployment of capital in history’
Not So Fast, Gen Z: Millennials Lead the US for Fintech Adoption
The Sunak Protocol: The New Prime Minister’s Vision For Crypto And Digital Finance In The UK
Debunking the narratives about cryptocurrency and financial inclusion
Sardine: Fintech’s Great Detective
Emotional support alligator helps man with deep depression
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