
Santo Antão, Cabo Verde
Hello Fintech Friends,
🥱 We're getting into sleepy M&A season for August.
Know what's not sleepy? We’re up to 75 sign-ups for our Mexico City Fintech Trek!
If you missed it last week: from October 18th to 20th, we'll be taking a group of 30-50 fintech enthusiasts to fully immerse in the Mexico City fintech ecosystem.
We'll be working with our partner Quona to bring together founders, investors, executives, and fintech leaders in LatAm's fintech capital.
👉 Interested in joining? Let us know in our Attendee Application Form here.
👉 ¿Interesado ? Háganos saber en nuestra solicitud aquí.

Please find another week of fintech exits and deep reads below. (👍👎 Have feedback for us? Let us know!)
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☯️ Exits
💻 IPOs & SPACs
After a long saga with multiple rounds of layoffs, an SEC investigation, and a searing media exposé, it looks like mortgage platform Better may finally go public via its combination with Aurora Acquisition Corp. via a SPAC, though it remains to be seen whether it will command the $6 billion or $7.7 billion valuation it achieved in 2021.

🤝 M&A - Fintech
Mexican neobank Albo acquireddelt.ai, a Y-Combinator fintech company specializing in financial services and management tools for SMBs, for $20 million.
Accounting and finance software builder LeaseQuery acquiredStackshine, a SaaS spend management platform.
Rental management software builder RentRedi acquired two new rental payment properties: eRentPayment and PaymentReport.
Noggin Guru acquired BankersHub, an online banking and financial services provider.
Tech executive Imran Khan acquired a 2.5% stake in public neobank Dave via a secondary sale.
Lending platform LoanPro took a minority stake in TrueNorth, a customized fintech solution developer.
Kenyan payments and logistics startup Sendy is reportedly in acquisition talks.
🏦 M&A - Bank and FinServ
Private equity firm KKR acquired a $373 million portfolio of Synovus Bank’s prime auto loans.

🌎 Fintech Around the World
📚 Deeper Reads & Features
Have a news item for us? Reach out to [email protected]


