2015-07-27 Fintech Gears Up For the Latest Wave of M&A Action

As young financial technology companies continue to attract increasing amounts of venture capital funding, investment bankers are expecting more mergers and acquisitions activity in the sector. Data from New York-based investment bank Berkery Noyes shows that there were 343 deals in the financial technology and information industry in 2014, 8% higher than 2013, with transaction value up by just 5% to $28.7 billion.