Hello Fintech Friends,

Please find another week of fintech exits and deep reads below.

Have feedback for us? Let us know. Find me at @nikmilanovic, @twifintech, and @ndm

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News coverage written and provided by Rachel Chang.

Reads of the Week

Agentic Adoption

The £29 Billion Gap Between What’s Being Built and What Consumers Want

Payments Strategy Breakdown by Dwayne GefferieDwayne Gefferie

Exits

IPOs & SPACs

• Securitize filed for SPAC merger after 841% revenue jump in 2025, positioning the tokenization platform to go public through a merger with blank-check company Cantor Equity Partners.
• SurgePays closed a $2.5 million share sale, offering 2 million shares at $1.25 to support growth of its telecom and fintech services.

M&A - Fintech

• PayPal acquired Cymbio, a multi-channel orchestration platform that helps brands sell across agentic surfaces, to accelerate its agentic commerce capabilities.
• JP Morgan acquired WealthOS, a UK-based pensions platform, to strengthen its presence in the pensions industry and retirement planning.
• Checkout.com acquired Blue EMI, a euro stablecoin issuer authorized by the Bank of Lithuania, to expand its digital currency capabilities.
• Scoro acquired Envoice, a bill and expense management platform based in Estonia, to enhance its professional services automation platform.
• ClearScore acquired Acre Platforms, a property technology company, to expand into the home lending market. 
• Deutsche Börse agrees to acquire Allfunds, a B2B wealthtech platform, for €5.3 billion, to be completed in H1 2027. The deal still requires approval from Allfunds' shareholders.
• Defaqto acquired Pearson Ham Market Pricing for £11M to enhance its portfolio of data and technology solutions for the UK retail financial services and insurance industries
• Helium Ventures acquires InsurGrid, a platform for insurance policy data collection and verification, to accelerate growth in the insurtech sector. 
• Sunrate, a global payment and treasury management platform, acqui-hired a payments team with industry experience, along with its mature acquiring systems, to enter the merchant acquiring market. 

M&A - Banks and Financial Institutions

• CVC Capital Partners agreed to acquire Marathon Asset Management, a U.S. credit  firm, for $1.2 billion to expand into the U.S. credit market. 
• Bridgepoint opens negotiations to acquire a majority stake in Interpath, a provider of advisory services to financial institutions.

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