General Commentary & Highlights
- Investments in the European fintech sector have slowed down in the second half of 2023 but have started to show signs of recovery recently
- Challenging macro-economic conditions and concerns of depressed asset valuations have been acting as key obstacles in the recuperation of fintech M&A activity in Europe
- Feedback from investors and the volume of deals that are currently in flight, however, suggest that deal activity will recover in 2024 as fintech M&A returns to pre-2020 level.
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