During the first nine months of 2024, M&A volume in the FinTech sector was healthy with 497 deals. Both strategic and financial acquirers were active in this space as 28% of the deals were made by Private Equity buyers.
During the first nine months of 2024, M&A volume in the FinTech sector was healthy with 497 deals. Both strategic and financial acquirers were active in this space as 28% of the deals were made by Private Equity buyers.
At the top of the buyers leaderboard werePE firms Hg and Bain Capital with 4 deals each and Cinven with 3 deals. Strategic buyer Stripe acquired 3 companies in the first three quarters of 2024.
Total disclosed deal values reached $31.2B through September 2024. Only 14% of FinTech transactions disclosed their deal value as buyers preferred to keep their M&A strategies private.