2022 is marking the start of an financial downturn. Shoppers are feeling the ache related to excessive inflation, companies are seeing decreased inventory efficiency, and startups are experiencing decrease funding quantities, decrease valuations, and decrease M&A numbers.
We lately reviewed FT Companions’ Q3 Quarterly Fintech Insights Report to check out how M&A exercise within the third quarter of 2022 is monitoring when in comparison with years previous.
The amount of fintech merger and acquisition exercise within the first three quarters of 2022 has up to now totaled $116 billion. That is down considerably when in comparison with the quantity the sector noticed final 12 months, which totaled $349 billion. In reality, the 2022 year-to-date quantity is the bottom M&A quantity since 2017, when M&A volumes totaled $90.5 billion.
In relation to the variety of offers, FT Companions discovered that there have been 998 fintech M&A offers up to now this 12 months. That is down when in comparison with final 12 months’s complete of 1,486. Nonetheless, the deal quantity is already larger than these in any of the previous 10 years. In reality, 2020’s complete deal quantity is just 969.
Beneath is a listing of Q3’s fintech M&A exercise:
July
August
September
Photograph by Sora Shimazaki