As it concerns the geographic location of buyers, 48% were based in the US followed by the United Kingdom at 10%, Canada at 4%, Germany at 3% and India at 2%. We also saw deals in France, Switzerland, Japan and the Netherlands. North America, Europe and Asia were major M&A hubs for the FinTech sector and dealmaking remained highly international with 43% of transactions being cross-border.

Looking at sellers by geography, 40% were from the US followed by 12% from the United Kingdom and 4% each from Canada and Germany. Additionally, there was significant activity in India, Australia, France, Switzerland, Brazil and Singapore.