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Less than two months into the year, it's already shaping up to be a banner year for dealmaking by financial firms — particularly for deals with incumbents buying fintech startups, as Wall Street names some startups top of list.
Speaking at an annual investor day event on Tuesday, JPMorgan CEO Jamie Dimon said: "We're going to be much more aggressive in acquisitions across the board." Peter Johnson, head of fintech investing at Jump Capital, told Business Insider a consistent theme across all these deals has been customer bases being a driving factor. "The fintechs with big user bases, lots of consumer data, and proven ability to monetize those users will continue to be prized," Johnson said.
https://www.businessinsider.com/top-fintech-merger-and-acquisition-targets-for-2020-2020-2
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