Q3 M&A Highlights: Deal Volume Down, Number Trending Up

2022 is marking the beginning of an economic downturn. Consumers are feeling the pain associated with high inflation, corporations are seeing decreased stock performance, and startups are experiencing lower funding amounts, lower valuations, and lower M&A numbers.

We recently reviewed FT Partners’ Q3 Quarterly Fintech Insights Report to take a look at how M&A activity in the third quarter of 2022 is tracking when compared to years past.

The volume of fintech merger and acquisition activity in the first three quarters of 2022 has so far totaled $116 billion. This is down significantly when compared to the volume the sector saw last year, which totaled $349 billion. In fact, the 2022 year-to-date amount is the lowest M&A volume since 2017, when M&A volumes totaled $90.5 billion.

When it comes to the number of deals, FT Partners found that there have been 998 fintech M&A deals so far this year. This is down when compared to last year’s total of 1,486. However, the deal number is already higher than those in any of the past 10 years. In fact, 2020’s total deal number is only 969.

Below is a list of Q3’s fintech M&A activity:

July

August

September

Photo by Sora Shimazaki