This Week in Fintech (5/1)

Hello Fintech Friends,

We’re excited to announce the addition of Helen Femi Williams to the team to run our podcast and audio content! Helen brings a wealth of experience to the team from her work as a journalist at Lendit Fintech and the host of her own podcast, Let’s Get Litical.

Ever wanted to be a guest on a This Week in Fintech podcast? Reach out! helen@thisweekinfintech.com

Please find another week of fintech exits below.

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If you’re looking for your next adventure at one of the best fintech companies, check out the open roles here and sign up to be matched with Fintech companies here!

☯️ Exits

💻 IPOs & SPACs

Crypto exchange Blockchain.com is prepping for an IPO at a $14 billion valuation.
Chenghe Acquisition, a SPAC targeting fintech in Asia, priced a $100 million IPO.

🤝 M&A - Fintech

Payroc, a payment processor, acquired omnichannel ISV payment solution provider Worldnet.
UK financial services group Britannia acquired cryptocurrency trading firm Alphaplate.
NFT marketplace Opensea acquired Gem, an NFT aggregation service.
Cross-border money movement platform Nium acquired Socash, a Singaporean alternative payments network.
Signicat, a Norwegian identity and KYC provider, acquired fraud detection platform Sphonic.
Private equity firm Nexa Equity acquired Choice, a global payments platform.
Cennox, an ATM provider, acquired a group of Dutch cash-out companies: Lincsafe, Merlin, Cashtester and Secusystems.

🏦 M&A - Bank and FinServ

Private equity firm Annaly Capital is selling its middle market lending portfolio to fund Ares for $2.4 billion.
Japanese banking conglomerate Sumitomo is looking to acquire a stake in investment bank Marathon Capital.