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

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📖 Read (Listen) of the Week

☯️ Exits

💻 IPOs & SPACs

  • Grayscale, a crypto asset manager known for its Bitcoin Trust and digital currency investment products, filed confidentially for a U.S. IPO to transition into a publicly traded company.

  • Figure Technologies, a blockchain-based lending and financial services platform, plans an IPO to capitalize on public market interest in fintech and digital assets.

  • Starling Bank, a UK-based digital bank serving consumers and SMEs, is eyeing a potential listing on the NYSE as it explores global expansion.

🤝 M&A - Fintech

  • Ageras, a fintech providing financial tools for small businesses, made its 8th acquisition by buying Danish payroll company Salary to expand its accounting suite.

  • Lloyds Banking Group, one of the UK’s largest retail and commercial banks, entered talks to acquire Curve, a digital wallet startup known for consolidating multiple cards into one platform.

  • Doorvest, a platform for real estate investing and property management, acquiredWreno, a real estate operations platform, to enhance its infrastructure and pursue further acquisitions in the property management space.

  • DealMaker, the $2 billion retail capital-raising platform, acquiredRally On, the video creative agency that has driven $250 million in online investments

  • Elliott Management, an activist investor is building a stake in Global Payments, signaling potential takeover or board attempt.

  • Computershareemerged as a potential buyer for equity platform PrimaryBid.

  • Wagestreamacquired pension technology provider Zippen to expand its financial wellbeing offerings.

  • Codasigned a definitive agreement to acquire Clearword, aiming to enhance AI-powered meeting and documentation capabilities.

  • Talos, an institutional crypto trading platform, acquired blockchain analytics firm Coin Metrics to bolster its data capabilities; the deal involved backing from a16z, General Atlantic, and Coinbase.

🏦 M&A - Banks and Financial Institutions

  • Citadel SecuritiesboughtMorgan Stanley’s electronic options market making business, underscoring how high-frequency trading firms now dominate an industry once ruled by Wall Street banks.

  • Huntington Bancshares, a U.S. regional bank, announced its acquisition of Capstone Partners, a middle-market investment bank, to expand its advisory and capital markets services.

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A Message From our Partner

Fintech is evolving fast — are you keeping up? HSBC’s 2025 Fintech Report delivers critical insights into the trends shaping financial technology worldwide.

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

🌎 Fintech Around the World

📚 Deeper Reads & Features

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