Hello Fintech Friends,
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Please find another week of fintech exits and deep reads below.
Content: The FinTech Innovation Lab NY is currently accepting applications for their 2023 cohort of FinTech, Insurtech and EnterpriseTech startups. Apply HERE by Dec. 1st.
Want to learn more? Join our Virtual Information Session Monday Nov. 28th and hear from previous alumni & our partners at PFNYC.
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☯️ Exits
🤝 M&A - Fintech
Indian digital payments juggernaut PhonePe will acquire buy-now-pay-later fintech startup ZestMoney for $200-300 million.
Hong Kong-based digital wealth management platform Quantifeed acquired its UK rival Alpima, bringing its assets under management to $20 billion.
Fintech-focused private equity firm Motive Partnersentered into an agreement to acquire German fintech venture capital firm embedded/capital.
UK private equity fund ROX Equity Partners acquired South African fintech provider SilverBridge as a subsidiary of its newly-formed Alula Technologies Group.
UK commission-free trading app Freetrade is considering selling itself, as it struggles to raise funding above its 2021 £650 million valuation.
🏦 M&A - Bank and FinServ
Content: The FinTech Innovation Lab NY is currently accepting applications for their 2023 cohort of FinTech, Insurtech and EnterpriseTech startups. Apply HERE by Dec. 1st.
Want to learn more? Join our Virtual Information Session Monday Nov. 28th and hear from previous alumni & our partners at PFNYC.
🌎 Fintech Around the World
📚 Deeper Reads & Features
Have a news item for us? Reach out to [email protected]
