Whilst some big deals announced last year never came to fruition in these early months – including Visa’s $5.3 billion acquisition of Plaid, and crowdfunding platforms Crowdcube and Seedrs – plenty of other deals emerged to take their place.
Here’s a breakdown, in order of announcement dates, of some fintech M&A deals so far this year.
UK challenger Cashplus buys icount’s current account portfolio
Cashplus, a UK-based challenger bank, bought the 5,000-customer-strong portfolio of Manchester-based firm, icount, at the beginning of January.