Compared to the same time last year, that is a 400% increase over the $31.8 billion done through the first half of 2018. Three specific transactions largely drove the numbers higher; Fidelity National Information Services' $43.3 billion acquisition of Worldpay in March, Fiserv's buying First Data in January for $39.4 billion, and Global Payments' $26.2 billion purchase of Total System Services in May,” according to information in the article.
Read the full article from Business Insider.
Estimated reading time: 0 minutes, 27 seconds
2019 Fintech Deals Surpass Last Year's Figures : Report
Dealogic associate Chisa Tanaka said the value of fintech deals hit a record high in 2019, with 87 deals totaling $116.6 billion. So reports Business Insider.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
The Securities and Exchange Commission announced the concept of digital…
-
-
-
Jan 16 2020
-
Written by FinTech News Brief Staff
Representatives from the Reserve Bank of Australia said they are…
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
Ripple CEO Brad Garlinghouse said cryptocurrency and blockchain stand to…
-
-
-
Sep 24 2020
-
Written by FinTech News Brief Staff
MicroStrategy Inc. became the first public company to invest “the…
-