Volker Schloenvoigt (Director, London) looks at the M&A activity in the payments and fintech industry during 2023, sharing the findings from EDC's proprietary M&A Database while hinting what is to come in 2024
The payments industry continues to undergo a transformative period marked by rapid technological advancements, changing consumer preferences and ongoing economic turbulence. In this article, we aim to provide insights into the mergers and acquisitions (M&A) landscape within this dynamic sector. Volker Schloenvoigt (Director, London) and Euan Jones (Business Analyst, London) explore the trends that we have observed in M&A activity in the payments industry, examine the highlights of 2022, and offer our expectations for the remainder of 2023.
After years of monitoring and commenting on M&A activity in the payments industry, Volker Schloenvoigt (Director, London) and EDC’s Investors & Private Equity Practice decided not just to monitor a few big acquisitions but also the large number of smaller deals and investments from seed funding to Series E. In this article, Volker introduces the EDC M&A database and the initial trends observed in 2023.
Worldpay changes ownership for the 6th time after the announced spin-off from FIS. Volker Schloenvoigt (Director, EDC London) is looking at the reasons behind that latest transaction
Investors know that being actively involved in ownership can greatly influence the overall success of an investment, and in the current economic climate, it is more critical than ever for private equity firms and the management teams of their payments and fintech portfolio companies to align on value creation initiatives. In this article, Martin Koderisch (Principal) outlines an approach to value creation at VC/PE owned payments and fintech companies.
In this month’s M&A update, Euan Jones (Business Analyst, London) looked at the near-final $1.7bn acquisition of BillTrust. In contrast to 2022’s downturn in payment company valuations and investing activity, the BillTrust deal is another example that meaningful and notable acquisitions are still happening.