FinTech & Payments

Total Deals
158
Total Deal Value
$73.6B
Research Reports
5
Sector Experts
4

Public Sector Summary

FinTech & Payments M&A Snapshot

FinTech & Payments is one of the technology sectors tracked in ComCap's M&A intelligence database, with 158 tracked transactions representing $73.6B in aggregate reported value where deal terms were disclosed. Relevant subsectors include Banking & Core Banking Software, Capital Markets Technology, Commercial Lending Platforms, Credit Risk & Underwriting, and Cryptocurrency & Digital Assets. ComCap has published 5 research reports on this sector. 4 ComCap bankers cover it directly. Where deal terms were disclosed, ComCap tracks 3.9x median EV/Revenue across 21 priced deals for this sector.

Transaction Activity

Deals by Year

2026
2025
2024
2023
2022
2021
2020
2019

Deal Type Breakdown

Acquisition69%
Growth investment30%
Debt financing1%

Valuation Multiples

Median EV/Revenue:3.9x(n=21)

Who buys in FinTech & Payments

90%
10%
Strategic (61)Sponsor (7)

61 of 68 classified buyers were strategic, across 84 deals whose buyer type came from a source document rather than a model. 16 could not be classified to either side and are excluded from the split. A further 74 model-inferred deals are excluded.

How buyers pay

Cash63%
Stock39%
Debt16%
Earnout11%
Equity8%
Mixed consideration5%

Share of 38 deals that disclosed a consideration structure. A deal can use more than one, so these do not sum to 100%. 74 model-inferred deals are excluded.

Detailed Intelligence Locked

Verify your business email to unlock transaction trends, valuation multiples, market intelligence, and expert insights.

Stay Updated

Subscribe to FinTech & Payments alerts and market intelligence

Subscribe Now