La Consolidation Se Poursuit au Sein de la Fintech (Consolidation Continues Within Fintech), Option Finance

Option Finance quoted partner Alexandre Omaggio in an article about the sustained rise in M&A activity within the French fintech sector amid increasing competition, regulatory pressures, and a shift toward profitability.

The article also references a recent study conducted by L’Observatoire de la Fintech and Morgan Lewis, which shows that fintechs themselves have represented the majority of buyers in the fintech sector since 2017.

Alexandre noted that regulation is a key driver of consolidation in the fintech sector, particularly where regulatory approvals are required for growth.

“Regulation fuels M&A activity because, in order to grow, a growing player must sometimes obtain approval from the AMF or ACPR, but the process of obtaining this approval is often long and costly,” Alexandre said.

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