The Front Page of Global Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

Image Description

The Front Page of Global Fintech

The the largest fintech community in the world. Subscribe to our newsletter to stay up to date on the latest in news opinions, and all things financial technology.

Image Description

A £1 billion payments IPO comes to London (TWIF 6/11)

A £1 billion payments IPO comes to London (TWIF 6/11)
Photos of Early Pride Parades Capture a Shifting Movement

Hello Fintech Friends,

In a slow fundraising market, fintech exits are happening at a blistering pace, with one upcoming IPO and fifteen fintech acquisitions (two for over $1 billion) all announced this week.

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

☯️ Exits
💻 IPOs & SPACs
  • We have a fintech IPO! British B2B cross-border payments company CAB Payments is planning to list on the London Stock Exchange for a valuation between £800 million and £1 billion.
🤝 M&A - Fintech
  • Financial data and intelligence platform Brightflow announced its acquisition of equity crowdfunding platform CircleUp.
  • Origin, a financial wellness app for employers to help employees, acquired financial education app Finny.
  • Employee compliance technology solutions provider StarCompliance will acquire ETHIX360, an integrated risk and compliance management provider.
  • Capital markets workflow provider Finsemble and Glue42 will merge.
  • Private equity firm Clarion Capital Partners took a stake in Ready Credit, a payment solutions platform that enables cashless operations for consumer facing businesses.
  • Financial services provider Onboard Partners announced its acquisition of Payvus, a small business credit card issuing and capital management business.
  • Business banking platform Rho is reportedly in talks to buy, the startup previously known as Party Round.
  • Investment banking and wealth management provider Investec took a majority stake in M&A advisor and lender Capitalmind.
  • Payroll software provider Netchex was acquired by private equity firm GrowthCurve Capital for an undisclosed amount.
  • Accounts payable automation software Medius announced its intent to acquire expense management software Expensya.
  • CluneTech, an Irish holding company of multiple tech providers, agreed to sell its payroll software developer to Immedis for €575 million to US multinational UKG.
  • GiveCampus, a fundraising platform for education nonprofits, acquired crowdfunding platform Community Funded.
🏦 M&A - Bank and FinServ
  • Capital One beat out other banks to acquire a digital concierge service, Velocity Black, to integrate as a perk for its premium cardholders.
  • UK bank Barclays is considering major changes to its payments business, including reportedly looking into mergers with other providers.
  • Canadian asset manager Brookfield announced that it will acquire payments provider Network International for $2.2 billion.
  • Visa is reportedly edging out Mastercard in a deal to acquire Brazilian payments provider Pismo for $1 billion.
  • Standard Chartered will sell its Zimbabwe banking business to local bank holding company FBC Holdings.
  • UBS' shotgun acquisition of rival bank Credit Suisse could be completed as soon as June 12th

Sponsored Content

2-3 Sentence Description: Capital strategy will determine the winners and losers of fintech in 2023. To stay competitive, finance leaders need to understand what's on the horizon when it comes to equity and debt capital—and plan accordingly. Download the 2023 Debt Capital Landscape report from debt capital software Finley Technologies to understand the latest benchmarks and trends in fintech funding.

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

🌎 Fintech Around the World

Guru Of Fintech: The Dubai Entrepreneur With An Eye On Africa

Closing Africa's Entrepreneurial Finance Gap -Goldfinch Blockchain Lending

25 Things I've Learned Investing in 25 African Start-Ups

10 Fintech Trends from Brazil

📚 Deeper Reads & Features

We asked GPT4 to categorize our financial data. A glance into the future of transaction enrichment

Fintech AI Review Volume #3

Fintech x AI: The Lightspeed View

The Impact Of ChatGPT And Open Banking Cannot Be Underestimated

What The Failures Of Multiple Banks Have Taught Smart Businesses About Cash Management

Identity in the Age of AI

A Decade of Risk Machine Learning

JPMorgan bought WePay in 2017. A culture clash and a tidal wave of departures followed. Another shakeup looms

Goldfinch Founders Talk Triple-Digit Growth and UX Upgrades in DeFi

CFPB: Bank customers ill-served by poorly deployed chatbots

NY Fed: Improving wholesale cross-border multi-currency payments and settlements

Andreessen Horowitz Merges Fintech and Consumer Teams After Some Bets Fizzle

Gary Gensler Is a National Disgrace: It’s Time to Rein Him In

Online Banks Are Winning the Deposit War

Regulating Fintech: 5 Steps To Grow Sustainably

Pokémon's Pikachu Is a Mouse - But It Was Actually Based on a Squirrel

Have a news item for us? Reach out to