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Hello Fintech Friends,
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Please find another week of fintech exits and deep reads below.
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News coverage written and provided by Rachel Chang.
Reads of the Week
Exits
IPOs & SPACs
M&A - Fintech
Paribu acquired CoinMENA, MENA's largest local crypto exchange, in a transaction valued at $240 million.
Enova International agreed to acquire Grasshopper Bank, a full-service digital bankfor $220 million.
Mollieagreed to acquire GoCardless, a bank payment company, in a deal valued at approximately €1.05 billion, to create Europe's fasted-growing financial services providers.
Robinhoodexpands its Southeast Asian presence through the acquisitions of brokerage firm PT Buana Capital Sekuritas and digital asset trading company PT PEdagang Aset Kripto.
WTW agreed to acquire Newfront, a specialized broker,in a transaction valued at up to $1.3 billion, expanding its digital insurance brokerage footprint.
Capitec Bank agreed to acquire Walletdoc for $23.5 million, expanding its online billing and B2B payment offerings.
Socure acquired Qlarifi, a BNPL consumer-credit data provider, to establish a unified identify, anti-fraud, and BNPL infrastructure.
Incore Invest signed a deal to acquire Worldline for €160 million as part of their portfolio to streamline its core payments infrastructure.
Shawbrook Bank acquired Playter, which provides short-term cashflow loans and credit lines to SMEs in the UK,to broaden its SME financing and working capital offering.
EQB agreed to acquire PC Financial in an $800 million deal to scale its retail banking, deposits, and payments footprint across Canada.
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