Looking at M&A activity by target sector, Wealth & Investment Tech led the market through the first nine months of 2026, with 94 transactions, representing approximately 18% of total deal volume. Payments Processing followed with 76 acquisitions, while Lending Tech and Blockchain Tech recorded 61 and 51 transactions, respectively. Combined, these four leading sectors accounted for approximately 53% of all 535 acquisitions. Activity also remained healthy across Enterprise Resource Planning, Business Intelligence, InsurTech, Compliance Tech, and Digital Asset Management. Overall, the results demonstrate continued buyer interest in technologies supporting investment management, payments, lending, and blockchain-enabled financial services