This Week in Fintech (4/17)

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Please find another week of fintech exits below.

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🤝 M&A - Fintech

UK fintechs FIBR, an online lender to businesses, and ANNA, a business account provider, are struggling to find acquirers following sanctions on their Russian backers.
PolySign, which provides infrastructure for digital asset investments, acquired cryptocurrency fund administrator MG Stover.

🏦 M&A - Bank and FinServ

French bank Societe Generale divested its Rosbank stake to Russian oligarch Vladimir Potanin in order to exit Russia and avoid sanctions, taking a €3 billion markdown on the sale.
Goldman Sachs acquired Dutch alternative investment asset manager NN Investment for €1.7 billion.
Insurance giant Axa is in early talks to buy Italian bank Banco BPM’s insurance business for €1.5 billion.
UK mortgage brokers London & Country and Habito are exploring a potential mortgage industry mega-merger.