Fintech’s largest mergers and deals in 2019
Some big deals were announced in 2019 as fintech finding soared and firms looked towards consolidation as a way to offer new services and products to their customers.
FinTech Futures has collected some of the biggest headline-grabbing deals from this year in one place, whether completed or announced.
FIS acquires Worldpay for $34bn
Just 10 weeks after Fiserv and First Data announced their deal, FIS splashed its own cash.
Fiserv to acquire First Data for $22bn
The combined firm expects to invest $500 million into new services over five years.
London Stock Exchange snaps up Refinitiv for $27bn
A deal which caused some ripples when Hong Kong Stock Exchange made a surprise bid for LSE in late 2019.
Sophos bought by America’s Thoma Bravo for $3.8bn
UK cybersecurity firm gets some hefty backing from US private equity firm.
Thoma Bravo to acquire US lendtech Ellie Mae for $3.7bn
Thoma Bravo makes the list twice withiest 2019 spending spree.
Santander to sell Puerto Rico arm to FirstBank in $1.1bn deal
With regulatory approval, the deal is set to close in 2020.