Exits

Spending management business Coupa Software has announced that it is buying Llamasoft in deal said to be worth $1.5bn.

US private equity house Hellman & Friedman is in exclusive talks to sell European payments company Nets Group to Italy’s Nexi in a deal which could value the company's equity at about $8bn.

AnaCap Financial Partners has kicked off exclusive negotiations for the purchase of a majority stake in payment FinTech Market Pay in a deal worth roughly €300m.

Root, the parent company of digital car insurance platform Root Insurance, launched its initial public offering and its shares exceeded expectations.

Visa bought Plaid in January as part of a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the acquisition.

Syncapay has announced that it has bought Wirecard North America, marking another page in the story of the collapse of the scandal-ridden former FinTech giant.

FinTech powerhouse Finastra has acquired Doorr, a provider of cloud-based point-of-sale mortgage application software used by brokers to improve the mortgage experience.

Hot on the heels of Lemonade's IPO this summer, Root has now added its name to the list of InsurTechs going public in 2020.

Despite some concerns about what it could mean for competition, the FinTech sector is seemingly happy about the announced merger between Crowdcube and Seedrs.

Leading crowdfunding platforms Crowdcube and Seedrs are going to merge in a new deal, creating one of the world’s arguably largest private equity marketplaces.