This Week in Fintech (6/26)

Hello Fintech Friends,

Please find another week of fintech exits below.

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☯️ Exits

💻 IPOs & SPACs

Roxe, a blockchain-based payments company, entered an agreement with SPAC Goldenstone Acquisition to go public at a $3.6 billion valuation.
Paya, a payments company that went public through a 2020 SPAC, is exploring an acquisition.

🤝 M&A - Fintech

Embed *, a microservices based neo-settlement and clearing software for exchanges, was acquired by FTX.
FTX also acquired Canadian crypto exchange Bitvo.
Remote payroll platform provider Deel offered to buy Asia-focused payroll firm PayGroup for A$119 million.
Nuveen and Maj Invest Financial Inclusion Fund acquired a majority stake in Peruvian multi-bank payment network GloboKasNet.
MetaCompliance, a compliance platform for financial institutions, acquired MOCH, a Danish cybersecurity provider.

🏦 M&A - Bank and FinServ

UK bank Barclays will acquire British lender Kensington Mortgage for £2.3 billion from Blackstone and TPG.
Danish bank Jyske Bank will acquire Handelsbanken’s Danish unit for $10 billion.
Private equity firm Solomon Capital announced its acquisition of financial advisor Beaufort Group.
French bank BNP Paribas announced an interest in taking over Dutch state-owned bank ABN Amro.
Private equity firms Astorg and Epiris signaled an interest in acquiring financial publisher Euromoney Institutional for £1.6 billion.

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