M&A Payment Tech Parlay: SPAC IPOs, Big Deals Abound - Mergers & Acquisitions
March 30, 2021 Visa Inc. and fintech startup Plaid recently called off their proposed $5.3 billion merger. In the digital payments realm, the news was greeted by cheers and jeers. Sure, some unicorn dreams got dashed with follow-on floodgates now seemingly switched off. But ultimately competition should flourish. And even assuming Visa, MasterCard, American Express, PayPal and Square collectively capture the lion’s share of the transaction facilitation market, its sheer enormity still commands attention. Take B2B payments: an estimated $120 trillion changes hands per year globally. With ...
Source: themiddlemarket.com