October 2022 European FinTech Deal Summary

Published: November 2022

During October NovitasFTCL tracked 60 transactions, comprising of 24 strategic acquisitions, 12 PE Growth investments and 24 VC rounds. This is the third month that VC deal numbers have declined and M&A risen both in absolute and relative terms, partly due to the more difficult funding environment for early stage companies. Payments led activity this month with 18 transactions and BankingTech followed with 12 transactions.

 

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