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Bigwigs circling for fintech quarry as pandemic turns off cash tap
Such deals expand acquirer's offerings and also give startups access to larger customer markets through parent company
Kelly Ng
Published Mon, May 11, 2020 · 09:50 PM
Singapore
ANALYSTS expect a stronger appetite from corporate and tech bigwigs in acquiring fintech startups in the months ahead, especially as fintechs tight on cash have a viable product to add to these larger entities' existing offers.
Indeed, a Fitch Solutions report this month said the Covid-19 pandemic will lead to lower levels of funding for fintech players.
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