Q1

FT 2023 FINTECH
Partners INSIGHTS
Research | April 2023

Q1 2023 QUARTERLY
FINTECH INSIGHTS
FT PARTNERS – FOCUSED EXCLUSIVELY ON FINTECH
Overview of FT Partners

52,000 FinTech Companies

20,000+ PE / VC Firms • Data Insights

• FinTech Deal Statistics
25,500+ Financings • Investment Trends
• Industry Research
16,500+ M&A Deals
• Public Comparables
Q1 2023 FINTECH INSIGHTS
FT Partners’ Data

‒
Q1 2023 FINTECH INSIGHTS
Table of Contents
FT Partners Research

1. Executive Summary

FT PARTNERS RESEARCH 5
Q1 2023 FINTECH INSIGHTS
Executive Summary

Financing Activity
• •

•
•

• •

• •

•
•

•
•

•
Q1 2023 FINTECH INSIGHTS
Executive Summary (cont.)

M&A Activity
• •

•
Q1 2023 FINTECH INSIGHTS
FT Partners Research

2. Q1 2023 Highlights
 Q1 2023 FINTECH INSIGHTS
Q1 2023 Highlights

FinTech Deal Activity Volume – Quarterly

$20 0.0

$15 0.0

$10 0.0

$50 .0

$0. 0
 Q1 2023 FINTECH INSIGHTS
Q1 2023 Highlights (cont.)

Private Financing & IPO Volume – Quarterly

$60 .0

$50 .0

$40 .0

$30 .0

$20 .0

$10 .0

$0. 0
 Q1 2023 FINTECH INSIGHTS
Q1 2023 Highlights (cont.)

Private Financing Volume – Quarterly

≥
$40 .0

$35 .0

$30 .0

$25 .0

$20 .0

$15 .0

$10 .0

$5. 0

$0. 0

Q-o-Q
Growth
Y-o-Y
Growth
# of $500 mm+
Deals
 Q1 2023 FINTECH INSIGHTS
Q1 2023 Highlights (cont.)

Private Financing Deal Count – Quarterly

Q-o-Q
Growth
Y-o-Y
Growth
 Q1 2023 FINTECH INSIGHTS
Q1 2023 Highlights (cont.)

Private Financing Volume Breaking Out Crypto & Blockchain – Quarterly

$45 .0

$40 .0

$35 .0

$30 .0

$25 .0

$20 .0

$15 .0

$10 .0

$5. 0

$0. 0
 Q1 2023 FINTECH INSIGHTS
Q1 2023 Highlights (cont.)

US Financing Activity Excluding Crypto & Blockchain – Quarterly

$30 .0

$25 .0

$20 .0

$15 .0

$10 .0

$5. 0

$0. 0
Q1 2023 FINTECH INSIGHTS
Q1 2023 Highlights (cont.)

Private Financing Activity – Monthly

25. 0

20. 0

15. 0

10. 0

5.0

0.0
Q1 2023 FINTECH INSIGHTS
FT Partners Research

3. FinTech Financing
Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics

FinTech Financing Volume by Year

$14 0.0

$12 0.0

$10 0.0

$80 .0

$60 .0

$40 .0

$20 .0

$0. 0
Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics (cont.)

Number of Financing Transactions

Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics (cont.)

Distribution of Financing Rounds by Size

2021 2022 Q1 2023
 Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics (cont.)

Private FinTech Financings of $50 million+ by Week

# of $50 mm+ Financings Moving Average Trendline (every 8 weeks)

30

25

20

Start of Covid-19
Lockdowns: week of
15 March 16, 2020

10

0
Q4 ’19 Q1 ‘20 Q2 ’20 Q3 ’20 Q4 ’20 Q1 ’21 Q2 ’21 Q3 ’21 Q4 ’21 Q1 ’22 Q2 ’22 Q3 ’22 Q4 ’22 Q1 ’23

Average # of
$50 mm+
Financings
4 4 4 4 5 10 13 14 14 15 11 5 4 4
Per Week:
Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics (cont.)

Number of $100 million+ FinTech Financing Rounds

Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics (cont.)

Average Financing Round Size ($ in mm)

All Stages Seed Series A

Series B Series C Series D

Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics (cont.)

Median Financing Round Size ($ in mm)

All Stages Seed Series A

Series B Series C Series D

Q1 2023 FINTECH INSIGHTS
FinTech Financing Statistics (cont.)

Median Financing Round Size for Early-Stage Rounds by Quarter ($ in mm)

Q1 2023 FINTECH INSIGHTS
Selected Large FinTech Financing Transactions in Q1 2023 – North America
Q1 2023 FINTECH INSIGHTS
Selected Large FinTech Financing Transactions in Q1 2023 – Europe
Q1 2023 FINTECH INSIGHTS
Selected Large FinTech Financing Transactions in Q1 2023 – International excl. Europe
Q1 2023 FINTECH INSIGHTS
FinTech Unicorns: Q1 2023

New FinTech Unicorns Announced in Q1 2023: Valuations ($ in mm) Notable Valuation Changes Announced in Q1 2023

New FinTech Unicorns Announced By Quarter Flat Unicorn Rounds Announced in Q1 2023
Q1 2023 FINTECH INSIGHTS
Financing Activity: North America vs International

Global FinTech Financing: North America vs. International

VOLUME

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 YTD

DEAL COUNT
Q1 2023 FINTECH INSIGHTS
Q1 2023 FinTech Financing Activity By Region

NORTH AMERICA 349 44% $11,074 63%

EUROPE 228 29% $2,881 16%

ASIA 132 17% $2,517 14%

SOUTH AMERICA 28 3% $171 1%

MIDDLE EAST 27 3% $360 2%

AFRICA 22 3% $414 2%

OCEANIA 8 1% $293 2%
Q1 2023 FINTECH INSIGHTS
FinTech Financing Activity By Region – Dollar Volume

$25 .0 $25 .0

$20 .0 $20 .0

$15 .0 $15 .0

$10 .0 $10 .0

$5. 0 $5. 0

$0. 0 $0. 0

$20 .0

$20 .0

$18 .0

$18 .0

$16 .0

$16 .0

$14 .0

$14 .0

$12 .0

$12 .0

$10 .0

$10 .0

$8. 0

$8. 0

$6. 0

$6. 0

$4. 0

$4. 0

$2. 0

$2. 0

$0. 0

$0. 0
Q1 2023 FINTECH INSIGHTS
FinTech Financing Activity By Region – Number of Financings

600 600

500 500

400 400

300 300

200 200

100 100

- -

400

400

350

350

300

300

250

250

200

200

150

150

100

100

50

50

-
Q1 2023 FINTECH INSIGHTS
Most Active Countries By Number of Financings in Q1 2023
Q1 2023 FINTECH INSIGHTS
Sector Breakdowns: Financing Activity

Q1 2023 Global FinTech Financing Activity by Sector

Number of Financing Transactions Financing Volume ($ in billions)

$9. 0

$8. 0

$7. 0

$6. 0

$5. 0

$4. 0

$3. 0

$2. 0

$1. 0

$0. 0
Q1 2023 FINTECH INSIGHTS
Selected Sector & Sub-Sector Financing Activity Highlights in Q1 2023
Q1 2023 FINTECH INSIGHTS
Selected Sector & Sub-Sector Financing Activity Highlights in Q1 2023 (cont.)
Q1 2023 FINTECH INSIGHTS
FT Partners Research

4. Investor Activity
Q1 2023 FINTECH INSIGHTS
Most Active FinTech Investors

Venture Capital: New Investments in Q1 2023

10
10
9
9
7
7
6
6
6
6
6
Ranked by number of new investments in Q1 2023
Q1 2023 FINTECH INSIGHTS
Most Active FinTech Investors (cont.)

Strategic & Corporate Venture Capital: New Investments in Q1 2023

4
Ranked by number of new investments in Q1 2023
Q1 2023 FINTECH INSIGHTS
Most Active FinTech Investors (cont.)

Total Investments (including follow-ons) in Q1 2023

Venture Capital Strategic & Corporate Venture Capital

16 9 7 11 8 3

14 9 5 8 6 2

8 5 3
12 10 2
7 6 1
10 10 0
7 4 3
8 6 2
6 6 0
8 6 2
6 6 0
8 6 2
6 5 1

8 6 2 6 2 4

8 4 4 6 3 3

Ranked by total number of investments in Q1 2023 (including follow-ons)

 Q1 2023 FINTECH INSIGHTS
Most Active FinTech Investors (cont.)

Total FinTech Investments Made In Recent Years

Total Round Size

($ in mm)

$1,200 36 41 46 98 71 12
50

$1,000 45

40

$800 35

30

$600 25

20

$400 15

10

$200 5

$0
Q1 Q2 Q3 Q4 Q1
2018 2019 2020 2021 2022 Q1 2023 '22 '22 '22 '22 '23

Total Round Size

($ in mm)

$1,200 14 24 26 112 86 4
50

$1,000 45

40

$800 35

30

$600 25

20

$400 15

10

$200 5

$0 Q1 Q2 Q3 Q4 Q1
2018 2019 2020 2021 2022 Q1 2023 '22 '22 '22 '22 '23
 Q1 2023 FINTECH INSIGHTS
Most Active FinTech Investors (cont.)

Total FinTech Investments Made In Recent Years

Total Round Size

($ in mm)

22 23 15 75 61 14
$1,200 40

35

$1,000
30

$800 25

20

$600 15

$400
10

$200 0

$0
Q1 Q2 Q3 Q4 Q1
'22 '22 '22 '22 '23
2018 2019 2020 2021 2022 Q1 2023
Total Round Size
($ in mm)

4 20 28 72 68 8
40

$400
35

30

25

20

$200 15

10

$0 Q1 Q2 Q3 Q4 Q1
2018 2019 2020 2021 2022 Q1 2023 '22 '22 '22 '22 '23
 Q1 2023 FINTECH INSIGHTS
Most Active FinTech Investors (cont.)

Total FinTech Investments Made In Recent Years

Total Round Size

($ in mm)
$1,200
18 26 24 62 40 2 40

$1,000 35

$800
30

25

$600 20

15

$400 10

$200
0

$0 Q1 Q2 Q3 Q4 Q1
'22 '22 '22 '22 '23
2018 2019 2020 2021 2022 Q1 2023
Total Round Size
($ in mm)
$1,200

$1,000
10 22 14 78 37 2 40

35

$800 30

25

$600 20

$400
15

10

$200 5

$0 Q1 Q2 Q3 Q4 Q1
2018 2019 2020 2021 2022 Q1 2023 '22 '22 '22 '22 '23
 Q1 2023 FINTECH INSIGHTS
Most Active FinTech Investors (cont.)

Total FinTech Investments Made In Recent Years

Total Round Size

($ in mm)

15 18 23 48 43 8 40

$400 35

30

25

20

$200 15

10

$0 Q1 Q2 Q3 Q4 Q1
'22 '22 '22 '22 '23
2018 2019 2020 2021 2022 Q1 2023

Total Round Size

($ in mm)

40

$400
17 15 38 69 51 4 35

30

25

20

$200 15

10

$0 Q1 Q2 Q3 Q4 Q1
2018 2019 2020 2021 2022 Q1 2023 '22 '22 '22 '22 '23
Q1 2023 FINTECH INSIGHTS
FT Partners Research

5. FinTech M&A
Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics

M&A Volume – Quarterly

$14 0.0

$12 0.0

$10 0.0

$80 .0

$60 .0

$40 .0

$20 .0

$0. 0
Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics (cont.)

M&A Deal Count – Quarterly

400

350

300

250

200

150

100

50

-
Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics (cont.)

M&A Volume – Annual

II

$35 0.0

$30 0.0

$25 0.0

$20 0.0

$15 0.0

$10 0.0

$50 .0

$0. 0
Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics (cont.)

M&A Deal Count – Annual

1,40 0

1,20 0

1,00 0

800

600

400

200

-
Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics (cont.)

Number of FinTech M&A Deals Valued at $1 billion+

Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics (cont.)

Average & Median M&A Valuations by Year

Average Median

500

$1, 400.0

450

$1, 200.0

400

350

$1, 000.0

300

$80 0.0

250

$60 0.0
200

150

$40 0.0

100

$20 0.0

50

$0. 0
0
Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics (cont.)

Distribution of Global M&A Deals by Size

2021 2022 Q1 2023
Q1 2023 FINTECH INSIGHTS
FinTech M&A Statistics (cont.)

Global FinTech M&A: North America vs. International

VOLUME

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 Q1 2023

DEAL COUNT
Q1 2023 FINTECH INSIGHTS
Selected Large FinTech M&A Deals – North America

Global Payments’
Gaming Division
Q1 2023 FINTECH INSIGHTS
Selected Large FinTech M&A Deals – Europe
Q1 2023 FINTECH INSIGHTS
Selected Large FinTech M&A Deals – International excl. Europe
Q1 2023 FINTECH INSIGHTS
FinTech SPAC Transaction Activity

FinTech SPAC Merger Volume and Deal Count

$14 0,000 .0 35

$12 0,000 .0 30

$10 0,000 .0
25

$80 ,000.0
20

$60 ,000.0
15

$40 ,000.0
10

$20 ,000.0
5

$0. 0

-
Q1 2023 FINTECH INSIGHTS
FinTech SPAC Mergers in Q1 2023

Vahanna Tech Edge

Acquisition I Corp.

Cheche Technology

II
Q1 2023 FINTECH INSIGHTS
FinTech SPAC Mergers by Announced Date

Total EV
($ in mm) Closed Pending Cancelled

$12,000

$11,000

$10,000

$9,000

$8,000

$7,000

$6,000

$5,000

$4,000

$3,000

$2,000

$1,000

$0
12/6/2018 6/24/2019
2019 1/10/2020 7/28/2020
2020 2/13/2021 9/1/2021
2021 3/20/2022 2022 10/6/2022 2023 YTD
Q1 2023 FINTECH INSIGHTS
Strategic M&A vs. Private Equity Buyouts / SPACs

II
Q1 2023 FINTECH INSIGHTS
Sector Breakdowns: M&A

Q1 2023 Global FinTech M&A by Sector

Number of M&A Transactions (1) M&A Volume ($ in millions)

6,0 00.0

5,0 00.0

4,0 00.0

3,0 00.0

2,0 00.0

1,0 00.0

0.0
Q1 2023 FINTECH INSIGHTS
FT Partners Research

6. FinTech IPOs
Q1 2023 FINTECH INSIGHTS
Selected Recent U.S. FinTech IPOs
Exchange / Amount IPO Current Current Total
Filing Date IPO Date Company FinTech Sector Target Country
Ticker Raised Price Price Market Cap ($ mm) Return
Q1 2023 FINTECH INSIGHTS
Volume and Number of U.S. FinTech IPOs

Amount Raised / Number of IPOs & Sector Breakdown by Number

19
16 16
13 13
10
7 8

0
Q1 2023 FINTECH INSIGHTS
Volume and Number of International FinTech IPOs

Amount Raised / Number of IPOs & Sector Breakdown by Number

18

13 14

9 8
5 6 6
2 3
Q1 2023 FINTECH INSIGHTS
Selected Recent International FinTech IPOs
Exchange / Amount IPO Current Current Total
Filing Date IPO Date Company FinTech Sector Target Country
Ticker Raised Price Price Market Cap (mm) Return
Q1 2023 FINTECH INSIGHTS
Selected Well-Funded Private FinTech Companies in the U.S.
Q1 2023 FINTECH INSIGHTS
FT Partners Research

7. Appendix
Q1 2023 FINTECH INSIGHTS
FT Partners Research

Appendix:
i. History of FinTech
Q1 2023 FINTECH INSIGHTS
What is FinTech?
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech

•
•

•
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

•
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

•
•
•

•
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

•
•

•
•
•

•
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

•
•
•
•

•
•
•
•

•
•
•
•

• •
• •
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

•
•
•

•
•
•

•
•
•
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

z
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

$80,000
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

$140.0

$120.0

$100.0

$80.0

$60.0

$40.0

$20.0

$0.0
Q1 2023 FINTECH INSIGHTS
A Brief History of FinTech (cont.)

Multiple Verticals Variety of End Users Multiple Business Models

Q1 2023 FINTECH INSIGHTS
FT Partners Research

Appendix:
ii. Transaction Profiles
Q1 2023 FINTECH INSIGHTS
Appendix: Published Transaction Profiles

BANKING / LENDING TECH

Financing

PAYMENTS
Financing M&A
Q1 2023 FINTECH INSIGHTS
Appendix: Published Transaction Profiles (cont.)

WEALTH & CAPITAL MARKETS TECH

Financing M&A

FMS
Financing M&A
Q1 2023 FINTECH INSIGHTS
Appendix: Published Transaction Profiles (cont.)

INSURTECH
M&A

HEALTHCARE FINTECH
Financing
Q1 2023 FINTECH INSIGHTS
FT Partners Research

Appendix:
iii. FT Partners’ Research
Q1 2023 FINTECH INSIGHTS
Recent Exclusive FinTech CEO / Executive Interviews

Joshua Frank Jason Liu Raunak Mehta Sid Jha

Ernest Rolfson Anna Sainsbury Edward Woodford Jonathan Spry

Vakhtang Lindsey Argalas Jason Lloyd

David Luck
Butskhrikidze

VIEW ALL RECENT INTERVIEWS

Q1 2023 FINTECH INSIGHTS
FT Partners Real-Time FinTech Deal Statistics

FT Partners publishes FinTech financing and M&A deal statistics on a weekly and monthly basis

Weekly Monthly
Q1 2023 FINTECH INSIGHTS
FT Partners Research – Women in FinTech: Rising Stars

Women in FinTech: Rising Stars

Click pictures to view report

Q1 2023 FINTECH INSIGHTS
FT Partners Research – 2022 FinTech Almanac

2022 FinTech Insights: Highlights of the report include:

Global Financing and M&A Statistics
•

•
•

•
•
•

Click pictures to view report

Q1 2023 FINTECH INSIGHTS
FT Partners Research – FinTech in Africa

FinTech in Africa: Momentum is Building

and the World is Taking Notice

•
•

•
Click pictures to view report
Q1 2023 FINTECH INSIGHTS
FT Partners Research – Blockchain Accounting & Tax Solutions

Blockchain Accounting & Tax Solutions:

Automation for the Digital Assets Ecosystem

•
•
•
•
Click pictures to view report
Q1 2023 FINTECH INSIGHTS
FT Partners Research – B2B Payments

B2B Payments:
The Last Major Bastion of Paper-based
Payments and Processes

•
Click pictures to view report
Q1 2023 FINTECH INSIGHTS
FT Partners Research – The Blockchain Economy

The Blockchain Economy:

How Cryptocurrencies and Blockchain Technology Are
Redefining Existing Markets and Creating New Ones

•
Click pictures to view report •
Q1 2023 FINTECH INSIGHTS
FT Partners Research – Women in FinTech 2022

Women in FinTech 2022:

Redefining the Future of FinTech

Click pictures to view report

Q1 2023 FINTECH INSIGHTS
FT Partners Research – The Race to the Super App

The Race to the Super App

•
Click pictures to view report
Q1 2023 FINTECH INSIGHTS
FT Partners Research – Buy Now Pay Later

Buy Now Pay Later:

Revolutionizing Traditional Credit With
Convenience, Data & eCommerce

•
•
•

Click pictures to view report •

Q1 2023 FINTECH INSIGHTS
FT Partners Research – Youth-focused FinTech Platforms

Youth-focused FinTech Platforms

Attract Investor Attention

Click pictures to view report

Q1 2023 FINTECH INSIGHTS
FT Partners Research – A Flurry of Activity in Restaurant Tech

A Flurry of Activity in
Restaurant Tech

Click pictures to view report

Q1 2023 FINTECH INSIGHTS
FT Partners Research – Open Banking

Open Banking:
Rearchitecting the Financial Landscape

•
•

Click pictures to view report •

Q1 2023 FINTECH INSIGHTS
FT Partners Research – Healthcare Payments

Healthcare Payments:
Consumerization and Digitization Create a
Massive FinTech Opportunity

•
•
Click pictures to view report
•
Q1 2023 FINTECH INSIGHTS
FT Partners Research – FinTech Meets Alternative Investments

FinTech Meets Alternative Investments

Innovation in a Burgeoning Asset Class

•
Click pictures to view report
Q1 2023 FINTECH INSIGHTS
FT Partners Research

Appendix:
iv. Overview of FT Partners
Q1 2023 FINTECH INSIGHTS
Overview of FT Partners – 20+ Years in Business

FT Partners

• The largest and most 245 Employees Globally 245

seasoned team in the world
exclusively dedicated to
serving and advising the
FinTech sector
Employees 212
Total Experience of Managing Directors (Years) 436
• Veteran senior bankers from
Goldman Sachs, Morgan 170
Stanley, JP Morgan, and
other top Wall Street firms London 155
joining the best platform to office opens 330
provide valued clients with
unbiased advice and
differentiated transaction 113
execution 239
New York
office opens 83 212
• ~436 years of FinTech
185
advisory experience across
our Managing Directors 58 62
executing hundreds of San Francisco 46
complex transactions 38 122
office opens
31 35 104
27
18 21 81
13 14 71
1 2 4 5 6 51
30 32 34
2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Q1 2023 FINTECH INSIGHTS
Advisor of Choice for Leading FinTech Companies and Strategics

Selected Billion Dollar+ Clients Selected Transactions with Multi-Billion Dollar Valuations
Q1 2023 FINTECH INSIGHTS
Significant Experience Advising Large Financing Rounds

Company Amount Raised Company Amount Raised Selected Prominent Investors in FT Partners Led Rounds
Q1 2023 FINTECH INSIGHTS
Selected FT Partners’ International / Cross-Border Experience

Target Buyer / Investor International Aspect Target Buyer / Investor International Aspect
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Acorns on its Acquisition of GoHenry

Overview of Transaction

Significance of Transaction

FT Partners’ Role

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Thimble on its Sale to Arch Insurance

Overview of Transaction

Significance of Transaction

FT Partners’ Role

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Avant on its $250 million Financing from Ares Management

Overview of Transaction

Significance of Transaction

FT Partners’ Role

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Payspan on its Sale to Zelis

Overview of Transaction
•
•

Significance of Transaction

FT Partners’ Role
•

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Capital on Tap on its Funding from Atalaya

Overview of Transaction
•

Significance of Transaction
•

FT Partners’ Role
•

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Kantox on its Sale to BNP Paribas

Overview of Transaction
•

Significance of Transaction
•

FT Partners’ Role
•

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Moniepoint on its Financing Round

Overview of Transaction
•

Significance of Transaction
•

FT Partners’ Role
•

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Lendable on its $275 million Growth Equity Financing

Overview of Transaction
•

•
•
Significance of Transaction
•

FT Partners’ Role
•
•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises MFS Africa on its $100 million Financing

Overview of Transaction
•

Significance of Transaction
•

FT Partners’ Role
•
•
•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises Velocity Global on its $400 million Series B Financing

Overview of Transaction

Significance of Transaction

FT Partners’ Role

•
Q1 2023 FINTECH INSIGHTS
FT Partners Advises SpotOn on its Series F Financing

Overview of Transaction

Significance of Transaction

FT Partners’ Role

•
 Q1 2023 FINTECH INSIGHTS
Award-Winning Investment Bank Focused on Client Results

“We hired FT Partners back in 2009, and our Board “From the time we began having external “Wherever a board or a management team
feels that hiring FT Partners was one of the most conversations right up to the moment we has steered away from hiring FT Partners it
strategic decisions we could have made along this signed a definitive deal, FT Partners were always seems to end up in tears. Here’s to
journey. They have been tremendous partners for us, invaluable partners. They brought not only you and everything you do.”
and we are delighted with them on every level.” strategic advice but also worked tirelessly
helping execute all the way to closing. I can’t
imagine trying to navigate this process
without them.”

Michael Praeger, CEO, AvidXchange Haroon Mokhtarzada, Co-Founder and CEO Nigel Morris, Managing Partner

Consistent Recognition Through the Years

Bloomberg M&A Advisor Awards Silicon Valley’s Most LendIt FinTech Industry The FinTech Finance 40 The M&A Atlas Awards
FT Partners’ Steve McLaughlin Over 10 awards including Tech Popular Dealmakers Awards Steve McLaughlin ranked #1 in 2020 Large SPAC Deal of
was featured on Bloomberg Deal of the Year (2019) and Ranked #2 Tech Investment Top Investment Bank in 2017 and 2018 the Year
Investment Banking Firm of the Banker in 2016 FinTech in 2018
View the full article and watch 2020 Corporate M&A
Year (2016)
the live TV interview Deal of the Year
Q1 2023 FINTECH INSIGHTS
FT Partners Research

PROPRIETARY FINTECH RESEARCH

FT Partners regularly publishes detailed research highlighting key trends

driving market activity across all sectors of FinTech.

Our research and analysis has been featured on Bloomberg, The Wall
Street Journal, Dow Jones and the Financial Times and is regularly
viewed by CEOs and industry leaders.

FT Partners' unique insight into FinTech is a direct result of successfully

executing hundreds of transactions combined with over 20 years of
exclusive focus on the FinTech sector.

Each report published by FT Partners contains an in-depth review of a

unique area of the FinTech marketplace and is highly valuable and
topical to CEOs, board members, investors and key stakeholders across
the FinTech landscape.

Quarterly In-Depth
Industry Deep Monthly Market Transaction Video Executive Real-Time
Regional Reports & Annual Company
Dive Reports Updates Case Studies Conferences Interviews Infographics
Insights Profiles

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Q1 2023 FINTECH INSIGHTS
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