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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Learn how leading fintechs are using AI to streamline risk and compliance operations. Join Footprint for a conversation with Shayanth Sinnarajah, Founding Engineer at Highnote, where he leads risk, compliance, and identity.

We’ll unpack how lean risk and compliance teams are actually applying AI today to:

  • Reduce manual reviews without increasing risk

  • Scale compliance as transaction volume grows

  • Improve decision quality across identity, fraud, and ongoing monitoring

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News coverage written and provided by Rachel Chang.

Reads of the Week

Exits

IPOs & SPACs

  • Ledger plans a New York IPOwith the French crypto hardware wallet maker targeting a valuation over $4 billion and tapping Goldman Sachs, Jefferies and Barclays for a potential 2026 listing.

  • BitGo priced its IPOat $18 per share, closing its first trading day up 2.7% and with a $2 billion valuation as the first major crypto custody IPO of 2026.

  • OLB Group refiledDMint's Form S-1 to spin off its cryptocurrency mining subsidiary through a simultaneous IPO.

M&A - Fintech

  • Capital One agreed to acquire Brex for $5.15 billion in cash and stock, giving the credit-card issuer access to technology used by thousands of companies for corporate credit cards. 

  • PayoneeracquiredBoundless, an Ireland-based Employer of Record (EOR) platform, to enhance its workforce management tools for small- and medium-sized businesses.  

  • Airwallex acquired Paynuri, entering the South Korean market with Paynuri’s payment gateway and foreign exchange licenses. 

  • Zepz acquired Pomelo International, a credit-building remittance app and card,to expand beyond remittances into credit cards and lending.

  • Juniper Group acquiredSingapore-based Tagit, a digital banking solutions provider processing over $100 billion in transactions annually. 

  • Cosegic acquired Fintrail, a consultancy for fintechs to manage financial crime risks through anti-money laundering and fraud prevention. 

  • Coincheck agreed to acquirea 97% stake in 3iQ, a Canadian digital asset manager,  for $112 million (all-stock). Deal expected to close in Q2 2026.

  • Abound acquired Ahauz, a mortgage lender specializing in shared equity mortgages, to offer home owners improved access to borrowing. 

  • GoParity acquired Bolsa Social, Spain's first impact crowdfunding platform to be authorized by the Spanish regulator, to accelerate expansion.

  • AdvanThink acquiredHeptalytics,a Paris-based company focused on anti-money laundering and counter-terrorist financing detection. 

  • RemoteacquiredAtlas, the expense management solution for global teams, to bolster Remote’s HR and payroll platform. 

  • Neuberger Berman Capital Solutions committed to acquire Ryan, a global tax services and software provider.

M&A - Banks and Financial Institutions

  • Raymond James agreed to acquire Clark Capital Management Group, a Philadelphia-based asset management company with $46 billion in discretionary and non-discretionary assets. Deal expected to close in Q3 2026.

SPONSORED

Learn how leading fintechs are using AI to streamline risk and compliance operations. Join Footprint for a conversation with Shayanth Sinnarajah, Founding Engineer at Highnote, where he leads risk, compliance, and identity.

We’ll unpack how lean risk and compliance teams are actually applying AI today to:

  • Reduce manual reviews without increasing risk

  • Scale compliance as transaction volume grows

  • Improve decision quality across identity, fraud, and ongoing monitoring

Want to sponsor a newsletter? See our sponsorship information here.

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