Hello Fintech Friends,
I’ll be traveling for the next week, so the weekly newsletter will be a bit lighter, but see you all for a fintech news deluge on the other side.
Please find another week of fintech exits below.
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☯️ Exits
🤝 M&A - Fintech
Global payments firm Worldline acquired an 80% stake in Eurobank’s merchant acquiring business in Greece for €256 million.
Banco Sabadell sold its stake in the ‘digital all in one’ platform Nomo, held by its venture arm, to Finnish accounting outfit Talenom.
European cryptocurrency trading platform CoinShares acquired digital asset manager Napoleon Asset Management.
Giesecke+Devrient, a German banknote printing and cash management service provider, acquiredValid's US payments and identity business.
Settlements and clearing infrastructure provider Apex Group will acquire alternative investment depository provider Darwin Depositary Services.
Xeinadin, a business advisory practice, acquiredBostockwhite, a UK-based tax, accounting, and business advisory service.
Link Financial, an Australian share registry, rebuffed a takeover offer from Canada’s Dye & Durham at $4.30 per share.
It was revealed that Swiss crypto lender Nexo entered exclusive talks to buy its troubled rival, Singapore-based Vauld.
🏦 M&A - Bank and FinServ
Canada’s TD Bank is looking into acquiring US brokerage firm Cowen, which currently has a market value of $805 million.
Fintechs are the hottest targets for fraud. Watch this in-depth chat with fraud experts from Lili Bank and Paypal as they discuss how fintech Risk & Compliance leaders can take control of fraud via building robust fraud management teams through data visibility, empowering risk & compliance professionals with tools, and using automation to proactively stop bad actors.
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🌎 Fintech Around the World
📚 Deeper Reads & Features
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