This Week in Fintech (5/22)

Hello Fintech Friends,

Question for everyone: What do you think is the most under-the-radar revolutionary fintech product being built today that will blow up over the next 10 years? Let us know on Twitter!

Please find another week of fintech exits below.

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☯️ Exits

💻 IPOs & SPACs

Celsius Network, a crypto lending and yield platform, is prepping an IPO for its mining subdivision (in rocky times for crypto companies).

🤝 M&A - Fintech

Experian will acquire a majority stake in Brazilian data-driven credit assessment tool Mova for $7.9 million.
Block Inc subsidiary Square acquired restaurant digital ordering and marketing platform GoParrot.
Private equity firm Sagard NewGen acquired trading firm Horizon to move into digital assets.
Mortgage audit provider Inco-Check sold a majority stake to private equity firm Narrow Gauge Capital.
The London Stock Exchange signed an agreement to acquire market data vendor MayStreet.
Kyriba, a treasury management software provider, is looking for a buyer at a $2 billion price tag.
Banking software provider Q2 is reportedly weighing multiple buyout offers from private equity, which sent shares up 17%.

🏦 M&A - Bank and FinServ

Japanese banking giant SBI Holdings will buy a controlling stake in crypto trading platform BITPoint for $98.6 million.
Private equity firm GTCR is weighing a sale of fund administrator Ultimus Fund Solutions that would value it at $2 billion.

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