In the rapidly evolving landscape of financial technology, fintech acquisitions have become a pivotal aspect of industry growth and innovation. As traditional financial institutions and tech giants alike dive headfirst into this dynamic market, the spectrum of fintech acquisitions reveals a diverse range of technologies and services reshaping the way we handle money. From advanced payment solutions and blockchain technology to AI-driven financial management tools, these acquisitions not only reflect the growing appetite for cutting-edge fintech but also underscore the strategic shifts occurring within the global financial sector.
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Data for today’s episode is provided by Javelin Strategy & Research’s Report: Global Commercial Payments Growth and Fintechs: Partner, Buy, or Go Organic
Top 5 Areas of Fintech Funding and Valuations in 2022
- $18.0- Payments
- $17.7 – Crypto
- $13.1 – Financial Management
- $12.9 – Wealth Management
- $11.6 – Mortgage
(in billion of U.S. dollars)
Source: ABN-AMRO Ventures 2023
About Report
Amid the rapid growth of payments flowing between businesses, enterprises in the payments space are looking for ways to grab market share while grappling with a host of challenges: lean staffs, high interest rates, and getting up to speed on new instant payment instruments. This Javelin Strategy & Research report lays out the possible routes to growth, how enterprises should go about assessing themselves and their strategies, and the possibilities and perils ahead.
The report looks at the current state of the market, assesses the benefits and downsides of each approach to growth, looks at leading examples, and makes recommendations about how to structure a strategy. Further, it looks at capital markets and how they affect growth strategies and defines the differences among approaches anchored on responding to authentic demand, maintaining relevance, and chasing after shiny new toys.