This Week in Fintech (8/14)

This Week in Fintech (8/14)

Hello Fintech Friends,

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

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☯️ Exits
🤝 M&A - Fintech
  • Private equity firm Vista Equity Partners announced that it will acquire automated tax compliance software builder Avalara in an all-cash deal for $8.4 billion.
  • Core banking provider Jack Henry & Associates will acquire API-based payment provider Payrailz.
  • South African neobank TymeBank is acquiring small business lender Retail Capital.
  • Enterprise software provider Convenient Brands acquired auto dealership payment startup Dealer Pay.
  • Private equity firm Motive Partners sold equity management software Global Shares to bank J.P. Morgan.
  • Crypto builder Ripple is looking into acquiring the distressed assets of bankrupt crypto lender Celsius.

🌎 Fintech Around the World

Inside Uganda's emerging fintech ecosystem

5 reasons why Ukraine’s fintech sector is growing despite war

Millions in the Middle East are unbanked. Can fintech platforms change that?

📚 Deeper Reads & Features

How Monzo grew its user base over the years

The barrier to entry for Embedded Finance is too damn high

A paean to fintech's resilience

Is It Time To Start Using Race And Gender To Combat Bias In Lending?

How Fintech Can Deliver on Its Social Impact Promises

CBDCs could boost financial stability

The US Fintech Subscription Economy: $13 Billion ARR And Growing

The Convergence of Payments and Commerce: Implications for Consumers

Leading With Software When Building A Lending Business

How a Crypto Developer Faked a DeFi Ecosystem

The problem with alternatives that fintech can't solve alone

Here's what it might look like if Apple built banking

Apple is beefing up its fintech strategy in 2022. Will more startup acquisitions be part of its plans?

Inside Goldman Sachs CEO David Solomon's struggles to right his Marcus consumer banking unit

SoftBank warns its fintech investments will be "more selective" amid £18bn quarterly loss

‘I have to see that’: Surfing dogs take the waves in Pacifica competition

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