The story of mergers and acquisitions in the financial technology (FinTech) sector has, as they say, “legs”. Yesterday we brought you news of a survey predicting much corporate activity in FinTech, and today sees the finalisation of an important deal the market already knew about. It’s symptomatic of the fast-growing, rapidly changing and very exciting […]
Our friends at AltFi report a survey conducted by leading City law firm, Simmons & Simmons, which predicts a boom in financial technology (FinTech) mergers and acquisitions. We offer an excerpt of the article below. Our own experience of the peer-to-peer (P2P) business lending sub-sector of crowdfunding – one of the fastest-growing parts of FinTech […]
The pace of mergers and acquisitions between alternative finance providers “will increase as economies of scale are needed to create a viable business”, according to a report in Bridging & Commercial. “The comment follows a number of acquisitions between alternative finance providers. Since the start of the year, RateSetter, Close Brothers and 1pm have expanded their services by acquiring specialist […]