Fintech Summer Report 2024

Distribution of Global M&A Deals by Volume While large-scale FinTech mergers have captured headlines, the lower middle market remains the backbone of the industry, accounting for a dominant 55%

7%

8%

13%

6%

6%

13%

19%

2022

2023

Q1 2024

28%

55%

60%

66%

20%

$0 - $100M $100 - $500M $500 - $1000M $1000M+

• Billion-dollar deal volumes doubled in the last two years, mainly driven by: – Growing demand for integrated financial solutions – Increased availability of capital and decreased interest rates

• Strategic acquirers are expected to be major players, looking to: – Enhance their digital capabilities – Expand their product offerings and reach new customer segments – Access cutting-edge technologies

Source: Pitchbook as of June 2024. Data consists of transactions where deal value was disclosed.

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