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Europe sees surge in FinTech M&A activity in 2022, with over 10 notable deals announced, totalling $76.8 billion invested

Mergers and Acquisitions (M&A) in the FinTech space have seen a significant uptick in recent years, with 1,485 deals occurring in 2021 and $76.8 billion invested across 3,447 deals in the first half of 2022. 

Below are 10 notable FinTech M&A deals announced in Europe in 2022:

Luko & Coya

In January, French insurance firm Luko announced the acquisition of German start-up Coya to grow its European presence and obtain an insurance license from German regulators.

Sambla Group, LVS Brokers, and Salus Group

In February, the Sambla Group signed agreements to acquire two Finnish online loan comparison platforms LVS Brokers and Salus Group, to establish a stronger position in the Nordics and drive industry development.

+Simple

In March, +Simple acquired two independent brokers, France-based Alians and Germany’s Carl Rieck Assecuradeur, and Italian underwriting agency Matintec, to expand its distribution capabilities.

GoHenry and Pixpay

GoHenry, a prepaid debit card and financial education app for kids, acquired French FinTech Pixpay to expand into Europe, while both companies continued to operate under their own brands.

Verso Wealth Management and Campbell Thomson

In August, Verso Wealth Management announced the acquisition of Campbell Thomson Insurance Services Limited, bringing its total assets under management to over £1 billion and expanding its UK outreach.

Carta and Capdesk

In September, US FinTech unicorn Carta acquired UK counterpart Capdesk for an undisclosed sum, to provide founders of high-growth companies a way to manage their cap tables as they scale.

Stubben Edge and Finpoint

In October, Stubben Edge acquired credit brokering intermediary Finpoint to broaden its financial services offering, help brokers and IFAs build a comprehensive proposition across insurance, loans, and cash for SMEs.

Visma and OutSmart

In the same month, European cloud software provider Visma acquired SaaS scale-up OutSmart, a provider of field service management software for SMEs, with the aim to accelerate its growth ambitions.

Worldline and Banco Desio

In November, French payments giant Worldline acquired Banco Desio’s merchant acquiring activities for around €100 million, to boost its presence in Italy.

EQT Private Equity and Billtrust

In December, global investment firm EQT Private Equity completed its acquisition of B2B payments company Billtrust for an all-cash transaction valued at about $1.7 billion.

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