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Please find another week of fintech exits and deep reads below.

☯️ Exits

💻 IPOs & SPACs

• Hyphen, a comparison tool for credit cards with 10 million monthly viewers across Asia, might have found a strategic buyer in the form of Peter Thiel’s Bridgetown Holdings Ltd. SPAC.

🤝 M&A - Fintech

• Greenwood, a neobank platform for Black and Latino customers, acquired Kinly, another black-owned neobank with a similar mission that shut down last month. The two combined will have over 1 million members.
• Rêv Worldwide, a mobile-first payment solutions provider and banking-as-a-service company, completed the $1 billion acquisition of Netspend’s consumer business from Global Payments that it announced last August.

🏦 M&A - Bank and FinServ

• Deutsche Bank reached an agreement to acquire UK corporate banking house Numis Corporation in an all-cash offer, valuing it at £410 million.
• 💔 Toronto-Dominion Bank and First Horizon Corp abandoned their planned $13.4 billion merger after the Canadian bank said it couldn’t see a clear path to getting regulatory approval.
• Private equity firm Blackstone is mulling a purchase of Dutch merchant bank NIBC.
• British asset manager Liontrust will acquire its Swiss counterpart GAM Holding for $121 million.

🌎 Fintech Around the World

Africa fell in love with crypto. Now, it’s complicated

Muslims come into the frame in Southeast Asia’s fintech boom

Payments Canada Summit: open access and open banking

📚 Deeper Reads & Features

Why First Republic Bank Collapsed

With First Republic, JPMorgan’s Dimon Gets Over Financial Crisis Laments

The Fed's report on Silicon Valley Bank is out, and it blames everyone

The FDIC says it didn't have the staff to regulate Signature Bank

Half of America’s banks are potentially insolvent – this is how a credit crunch begins

​​The FDIC's proposal for deposit reform is narrow and uninspiring—and it just might work

When you are building a bank would you want bankers?

Part II — Digital Asset Technology: Compliance and Security Tools

The Brale Stable Coin (SBC) White Paper

The dangers of letting AI loose on finance

Global Fintech 2023: Reimagining the Future of Finance

Beyond Payments for High-Risk Industries

Financial Services Will Embrace Generative AI Faster Than You Think

The Dollar’s Demise May Come Gradually, But Not Suddenly

Revolut’s valuation troubles signal a stormy horizon for less-profitable neobanks

10 years of fintech failure: 3 more ideas that failed to live up to the initial hype

Cross border payments are a political weapon

Fearless Fund and JPMorgan Team Up to Back Black Women Founders

The Fintech Funding Crunch In 4 Charts

Idea that China will replace U.S. dollar ‘is not a story for today’, says Niall Ferguson

Russian Foreign Minister Sergey Lavrov States De-Dollarization 'Can No Longer Be Stopped'

What Areas of Fintech Are Ripe for Innovation and Success

Turkey sent Mexico a puppy as a thank you for the K9 search and rescue team that Mexico sent to Turkey

Have a news item for us? Reach out to news@thisweekinfintech.com