As it concerns the geographic location of buyers, 47% were based in the US followed by the United Kingdom at 8%, Canada at 7%, India at 4% and Germany at 3%. Japan, Switzerland, Netherlands and Spain were each home to 2% of buyers. North America and Europe were major M&A hubs for the FinTech sector and dealmaking remained highly international with 43% of transactions being cross-border.

Looking at sellers by geography, 40% were from the US followed by 9% from the United Kingdom, 6% from Canada, 5% from India and 4% from Germany. Netherlands, Switzerland and Singapore were each home to 3% of sellers.