Ant Group's Western march continues w MultiSafepay M&A 🐜; Drama @ Carta, & killing the dream of being Nasdaq for private markets 😳; BTC ETF wars will have one big winner - it’s not what you think 😎

FinTech is Eating the World, 9 January

Hey Everyone,

Happy Tuesday! It’s very spicy today as we’re going to look at Ant Group continuing its Western expansion with MultiSafepay acquisition (what it’s all about & why it makes sense + some priceless M&A resources), Drama at Carta, which has just killed its dream of being the “Nasdaq for private markets” (decoding the drama & sharing some lessons), and BTC ETF wars that will have one big winner (it’s not what you think + some bonus reads). Let’s jump straight into the spicy stuff 🌶

Ant Group's Western march continues with MultiSafepay acquisition 🐜

The deal 🤝 Chinese FinTech giant Ant Group is reportedly acquiring Dutch payment services provider MultiSafepay for around $200 million, marking yet another push into Western markets.

Let’s take a look at this and see why this M&A matters and what it means.