Looking at VC funding, capital deployment has remained relatively strong, but deal volumes have declined sharply, indicating increased investor selectivity. With a median VC round size of about $5.2 million, many FinTech companies are increasingly turning to M&A as an alternative path to scale and liquidity. 

Valuations varied meaningfully by subsector, with Private Capital Tech and Wealth & Investment Tech businesses commanding the strongest exit multiples, reflecting buyer focus on software embedded in investment and capital‑management workflows. FinTech public peers traded at 3.9x revenue and 13.2x EBITDA. Disclosed deal sizes ranged from smaller sub‑$1 million acquisitions to large, multi‑billion‑dollar transactions, with a median deal size of $87 million, highlighting the wide range of activity in the sector.