Fintech Summer Report 2024

Lower Middle Market FinTech M&A Deals in 2024

Deal Size ($M)

EV/LTM Revenue

Deal Size ($M)

EV/LTM Revenue

Target

Buyer

Date

Target

Buyer

Date

05-Mar-24

108.0

NA

27-Feb-24

48.3

NA

22-Feb-24

96.7

1.0x

24-Apr-24

43.0

NA

07-May-24

87.0

NA

13-Feb-24

40.0

NA

28-Mar-24

85.1

NA

03-Jan-24

39.2

NA

20-Mar-24

75.0

NA

14-Mar-24

35.5

NA

15-Mar-24

63.5

NA

01-Jan-24

31.5

4.3x

29-Feb-24

60.0

NA

20-Feb-24

28.5

NA

10-Jun-24

50.0

NA

12-Mar-24

28.5

NA

21-May-24

50.0

NA

29-Mar-24

16.1

14.3x

By Deal Type

By FinTech Sector

Source: Pitchbook as of June 2024.

PaymentTech

Crypto/Blockchain

Credit / Lending Tech

InsurTech

Private Equity

23

Strategic

Finance / Banking Tech

Financial Data & Risk

WealthTech

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