Analysis of the key themes driving M&A activity reveals that big data accounted for 5 financial services deals announced in Q3 2023, worth a total value of $6.4m. The $5.9m acquisition of Fintech Platform Ventures by CTOS Digital was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q3 2023 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.

In value terms, big data-related deal activity remained flat in Q3 2023 compared with the previous quarter and as compared to Q3 2022. Related deal volume remained flat in Q3 2023 versus the previous quarter and was 150% higher than in Q3 2022.

The top-ranked financial advisors supporting these M&A deals in Q3 2023 were Evercore; Joseph Gunnar; Optiva Securities with 1, 1, 1 deals respectively.

The top-ranked legal advisors supporting these M&A deals in Q3 2023 were Kline Law Group; Lucosky Brookman; Morgan, Lewis & Bockius with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q3 2023 – Thematic Intelligence, buy the report here.

Premium Insights

From

The gold standard of business intelligence.

Blending expert knowledge with cutting-edge technology, GlobalData’s unrivalled proprietary data will enable you to decode what’s happening in your market. You can make better informed decisions and gain a future-proof advantage over your competitors.