This Week in Fintech (5/22)

Hello Fintech Friends,
Question for everyone: What do you think is the most under-the-radar revolutionary fintech product being built today that will blow up over the next 10 years? Let us know on Twitter!

Please find another week of fintech exits below.
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☯️ Exits
💻 IPOs & SPACs
- Celsius Network, a crypto lending and yield platform, is prepping an IPO for its mining subdivision (in rocky times for crypto companies).
🤝 M&A - Fintech
- Experian will acquire a majority stake in Brazilian data-driven credit assessment tool Mova for $7.9 million.
- Block Inc subsidiary Square acquired restaurant digital ordering and marketing platform GoParrot.
- Private equity firm Sagard NewGen acquired trading firm Horizon to move into digital assets.
- Mortgage audit provider Inco-Check sold a majority stake to private equity firm Narrow Gauge Capital.
- The London Stock Exchange signed an agreement to acquire market data vendor MayStreet.
- Kyriba, a treasury management software provider, is looking for a buyer at a $2 billion price tag.
- Banking software provider Q2 is reportedly weighing multiple buyout offers from private equity, which sent shares up 17%.
🏦 M&A - Bank and FinServ
- Japanese banking giant SBI Holdings will buy a controlling stake in crypto trading platform BITPoint for $98.6 million.
- Private equity firm GTCR is weighing a sale of fund administrator Ultimus Fund Solutions that would value it at $2 billion.
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🌎 Fintech Around the World
Uganda is clamping down on crypto transactions
Kenyans are protesting plans by tax authority to snoop on their online chats
Stablecoins Receive Queen’s Blessings As UK Braces For Landmark Crypto Legislation
📚 Deeper Reads & Features
Counterattack: Banks’ Field Guide to Fintech Disruption
Big bank, little bank: Why fintech relationships are still rocky
How Wall Street banks made a killing on SPAC craze
Index Ventures' Mark Goldberg sees opportunity in consumer fintech
How to Design and Develop a Mobile App for a Fintech Startup?
Stripe will drink your embedded finance milkshake
How quickly are startup layoffs accelerating?
In conversation with Philip Belamant co-founder Zilch, on launching UK’s double unicorn in US
The IMF’s Global Financial Stability Report
Cat Lets Chipmunk Loose in House in Video With 'Tom and Jerry Vibes'
Have a news item for us? Reach out to news@thisweekinfintech.com.
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