Image Credits: FreePik
General Commentary & Highlights:
- Investments in the payments sector had unusually limited activity in Q1 2023, yet rebounded exceptionally quickly in Q2 2023, well above historical levels
- Despite macro-economic headwinds, the market is anticipating an acceleration of M&A activity in the payments sector heading into Q3 2023 and beyond
- With a significant shrinkage in recent asset valuations to offset market recovery, these ongoing valuation corrections will see well-funded strategic investors using M&A to acquire technology and capabilities, and PE firms remaining keen to invest in the payments sector
Please do not hesitate to contact Yuriy Kostenko at Yuiry@FlagshipAP.com with comments or questions.