Monthly Fintech Market Update Report

DATE: January 2025

​​

We are pleased to present our January 2025 Fintech Report, highlighting key insights into the financing and M&A landscape within the Fintech sector.

​

📈 Public markets performance: Our RPP Fintech Index outperformed major indices in January, rising +5% MoM. In contrast, the S&P IT index fell by 3%, while the FTSE 100 gained +4%. Among our Fintech verticals, ‘Insurance’ led with a 21% increase, followed by gains of +7% for  ‘Capital Markets, Wealth Management’ and +6% for ‘Other Fintech’.

​

📊 Financing landscape: January saw increased Fintech funding activity, highlighted by TravelPerk, an automated travel and expense management platform, raising a $200 million Series E funding round led by Atomico and EQT Growth. ‘Other Fintech’, ‘Crypto and Blockchain’, and ‘Payments’ led with 64% of the deal count and 68% the deal value. Geographically, North America accounted for 44% of the deal count and 48% of the deal value. Europe contributed 25% and 30%, respectively.

​

🤝 M&A activity: Both M&A deal count and deal value saw an uptick in January (100 transactions for $8.3bn vs 84 for $7.3bn in December). Driving this increase were Paycor, an HR solutions platform, with its $4.1 billion acquisition by Paychex, Enfusion’s $1.5bn acquisition by Clearwater Analytics, Divvy Homes’ $1.0bn sale to Maymont Homes, and Thomson Reuters’ $600m acquisition of SafeSend. ‘Other Fintech’ led the deal count and deal value with 43% and 66%, respectively. Geographically, North America dominated with 43% of the deal count and 95% of the value.

Indicative Exhibits