FinTech Mergers Lead To Big Investment Returns

Recent data shows that 75 percent of the world's internet-enabled consumers used a FinTech application to move money last year, a sharp increase from the 18 percent that did so in 2015. So it’s not surprising that 2019 saw a record number of mergers & acquisition in the FinTech and digital payment space, with over $195 billion in deals— more than 3 times the value of the previous year. As Daniel Laboe of Zacks recently wrote, some of the biggest deals of 2019 would also make “suitable” long-term investments for those looking to add FinTechs to their portfolio...