Hello Fintech Friends,

Today's newsletter is brought to you by our friends at Visa.

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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Reads of the Week

Exits

M&A and Fintech

  • Kraken acquired Magna, a token management platform handling vesting and distributions for crypto teams, ahead of its planned IPO. 

  • Admiral Group agreed to acquire Flock, a digital insurance provider for commercial vehicle fleets, in an £80 million (~$109 million) deal.

  • BTG Pactual, a Brazilian investment bank, acquired a 48% stake in MeuTudo, a Brazilian credit platform.

  • Stripe acquihired the team behind PartyDAO, the crypto social investing protocol, to expand its crypto initiatives.

  • Boerse Stuttgart Digital and Tradias plan to merge to create a fully regulated crypto infrastructure business in Germany covering brokerage, custody, and staking. Expected close: H2 2026.

  • BridgeWise acquired Context Analytics, a data processing firm, to build its AI-powered investment intelligence platform.

  • Array acquired Chimney to expand its embedded finance solutions specializing in credit, health, identity security, digital finance and more. 

  • iCapital agreed to acquire PassThrough, a provider of investor onboarding solutions and financial compliance infrastructure used by general partners in private funds. 

  • Wrisk acquired Atto, a real-time financial intelligence platform, to strengthen its embedded insurance offerings.

  • CUBE acquired 4CRis, a regtech specialising in agentic AI-powered compliance, to enhance its end-to-end compliance solutions.

M&A - Banks and Financial Institutions

  • Nuveen agreed to acquire Schroders for £9.9 billion (~$13.5 billion), creating a combined asset manager with over $2 trillion in AUM. Expected to close in Q4 2026.

  • Access Bank UK agreed to acquire Zempler Bank, an SME-focused UK challenger bank.

  • Gallagher brought Woodruff Sawyer fully under the Gallagher brand and absorbed the business into its operations following its previously announced $1.2 billion acquisition.

SPONSORED

Discover how bank sponsorship is shaping the future of money movement. Read this blog to learn the benefits for banks and how fintechs can prepare for successful sponsorship.

KEEP READING