Analysis of the key themes driving M&A activity reveals that mobile payments accounted for 8 payments deals announced in Q1 2023, worth a total value of $957.4m. The $899.2m acquisition of Isracard by Harel Insurance Investments and Financial Services was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q2 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, mobile payments-related deal activity increased by 7208% in Q1 2023 compared with the previous quarter’s total of $13.1m and rose by 10706% as compared to Q1 2022. Related deal volume remained flat in Q1 2023 versus the previous quarter and was 14% higher than in Q1 2022.

The top-ranked legal advisors supporting these M&A deals in Q1 2023 were Erdinast, Ben Nathan & Co. Advocates; Mattos Filho Veiga Filho Marrey Jr. e Quiroga; Norton Rose Fulbright with 1, 1, 1 deals respectively.

For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q2 2023 – Thematic Intelligence, buy the report here.

Premium Insights


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.


GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.