Our client is a fintech acquirer exclusively focused on the B2B marketplace
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.
Over the past decade, there has been an increasing digitalisation of B2B payments and processes, and fintechs have significantly contributed to this digital transformation.
B2B payments are growing worldwide due to technological innovations in payment infrastructure, changes in customer expectations, the increasing number of new entrants, and regulatory changes.
With the global payments landscape rapidly evolving, there are increasing expectations for faster, more convenient solutions that optimise security and the user experience. As a result, payment networks, banks, technology companies and governments are racing to meet this demand.