Hello Fintech Friends,
Today’s newsletter is brought to you by our friends at Method.
Thank you to the Financial Revolutionist team, who ran a guest article of ours this week on three controversial predictions for stablecoins:
Foreign governments will launch or co-opt stablecoins to hold onto their own market-share against the U.S. dollar.
Algorithmic stablecoins will make a comeback.
Yield isn’t going anywhere.
Speaking of stablecoins, who are the guests you'd most want to hear from on a stablecoin-focused podcast? Brian Armstrong? Fed Chair Jerome Powell?
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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Sponsored Content
As credit tightens and acquisition costs rise, qualified borrowers are slipping through the cracks.
Figure found a way through using Method’s real-time liability data and direct-to-creditor payments to expand eligibility, increase loan sizes, offer more competitive pricing, and reduce defaults.
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📖 Reads of the Week
☯️ Exits
💻 IPOs & SPACs
Wise is facing pushback when its plan to shift its primary stock listing to the U.S. was opposed by co-founder Taavet Hinrikus along with proxy advisory firms over bundled governance changes extending its dual-class share structure
Tronlisted on Nasdaq via a reverse merger with SRM Entertainment, which triggered a 36.33 % surge in TRX trading volume within 24 hours to approximately $1.83 billion.
🤝 M&A - Fintech
VantaacquiredRiskey to enhance vendor risk management with continuous AI-powered monitoring.
Corpayagreed to a $2.2 billion takeover of Alpha Group to expand its global payments business. Alpha provides B2B cross-border FX to corporations and investment funds in the UK and Europe, with around $3 billion of deposits in over 7,000 client accounts.
Stripejoined forces with Orum to improve real-time payments through enhanced API capabilities.
TalosacquiredCoin Metrics in a $100 million deal to strengthen its crypto infrastructure and data services.
Fiservacquired part of TD’s Canadian merchant business to bolster its North American payment offerings.
Accentureacquired Malaysia-based bank consultancy Aristal to deepen its financial services capabilities in Asia.
💡
Sponsored Content
As credit tightens and acquisition costs rise, qualified borrowers are slipping through the cracks.
Figure found a way through using Method’s real-time liability data and direct-to-creditor payments to expand eligibility, increase loan sizes, offer more competitive pricing, and reduce defaults.
Want to sponsor a newsletter? See our sponsorship information here.
🌎 Fintech Around the World
📚 Deeper Reads & Features
