Fintech M&A Proves the Sector’s Strength

The pandemic has helped many fintech firms prove their worth even if there has been a fair share of down rounds; fintech M&A has been a bright spot for the industry and proves the strength of fintech overall; Square acquired European peer-to-peer payments startup Verse, Mastercard acquired API provider Finicity, and Credit Sesame acquired the Canadian challenger bank Stack; banks are playing an even bigger role in fintech these days, fintech regulation has also helped them to put more money to work in the sector; there has always been rumors about bank acquisitions of fintech firms, the current crisis could help spur a number of banks to pull the trigger on deals; more recently the news about Chime and other digital banks making real headway is giving large and small banks pause, forcing them to really think about their innovation strategy. Forbes.

Todd is the Chief Product Officer of LendIt Fintech.

He is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists.

He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences.

He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

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