FinTech M&A is heating up: Fiserv & Amadeus battle for Shift4 in a $9B deal ๐ณ๐ธ; Apple to share BNPL data with Experian, impacting credit reports ๐ณ๐; Affirm eyes UK expansion & beyond ๐๐ฌ๐ง
FinTech is Eating the World, 1 March
Hey Everyone,
TGIF! Another massive week in FinTech is about to end, and weโre going to finish it off with three more fascinating stories. Todayโs issue is the best one yet as weโre going to look at the heating FinTech M&A landscape as Fiserv & Amadeus battle for Shift4 (whereโs the money & value at + some juicy bonus reads inside), Apple that will share BNPL data with Experian (what this means + some deeper dives into BNPL and Apple building for the AI-first finance), and Affirm which now eyes UK & Europe expansion (why itโs a logical step + analyzing Affirmโs potential upside in 2024). Letโs jump straight into the thrilling stuff ๐ถ
FinTech M&A is heating up: Fiserv and Amadeus battle for Shift4 in potential $9 billion deal ๐ณ๐ธ
The BIG news๐ฅ Payment processing giant Fiserv FI 0.00%โ is competing with travel software provider Amadeus to acquire Shift4 Payments FOUR 0.00%โ, a payments processor with a nearly $7 billion market valuation, according to sources familiar with the matter. An acquisition could value Shift4 at around $9 billion ๐ณ
Letโs take a look at this and see where the money at.