News

Global Fintech Market Update | Q4 2022

02 Feb 2023

Drake Star published its Global Fintech Market Update today, providing a detailed outlook on key FinTech industry trends, as well as deal activity projections for 2023 including:

  • Forecasts for a 15% increase in M&A and fundraising deal value in 2023
  • FinTech’s boom and bust
  • Major FinTech trends including Banking as a Service (BaaS) going mainstream

Notable acquisitions include:

  • EQT acquisition of Billtrust
  • Vista acquisition of Avalara
  • Ares funding of Avant
  • ServiceTitan Series H funding led by TPG
  • Many others outlined in the report
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Julian Ostertag

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