As it concerns the geographic location of buyers, 50% were based in the US followed by the United Kingdom at 8%, Canada at 4%, and India, Germany and the Netherlands at 3% each. We also saw deals in France and Japan. North America, Europe and Asia were major M&A hubs for the FinTech sector and dealmaking remained highly international with 42% of transactions being cross-border.

Looking at sellers by geography, 40% were from the US followed by 11% from the United Kingdom,5% from Canada and 4% from both Germany and India. Additionally, there was significant activity in Australia, Brazil, Switzerland, the Netherlands and Singapore.