Adyen Has Changed Its Mind on M&A
Hey FinTech Fanatic!
“We have the ambition to build a global company ourselves without acquisitions,” I remember when Adyen CEO said this in February of 2022.
Fast forward to 2026, and Adyen has announced two acquisitions in three months.
The latest: a $335 million deal to acquire Orb, an enterprise billing platform, its second major move after Talon.One, with both expected to close on July 1.
Monetization and billing for digital companies have grown increasingly complex. We saw Stripe acquiring Metronome last year for the same reason Adyen is buying Orb: as AI reshapes how software is priced and consumed, usage-based billing has gone from a nice-to-have to a core enterprise need.
What companies are actually buying is speed to monetize. The ability to change how they charge customers without touching core engineering for months.
M&A activity in FinTech didn’t stop there last week. Nuvei is reportedly in advanced talks to acquire Payoneer for $2.7 billion, though no deal has been confirmed yet. Meanwhile, Barclays has agreed to acquire UK youth banking app GoHenry from Acorns for a reported £180 million.
Scroll down to find out what else is shaping the FinTech industry. 👇See you tomorrow!
Cheers,
#FINTECHREPORT
🚨 Beyond Travelers: The Infrastructure Behind Travel FinTech. The travel industry is no longer focused solely on smoother checkouts for travelers. The real transformation is happening behind the scenes, where payment providers help airlines, hotels, and booking platforms reduce costs, improve efficiency, and scale global operations. Read on
FINTECH NEWS
🇦🇪 Mantle has launched InsightX, an AI-native prediction market infrastructure that enables users to trade forecasts on crypto assets, macro trends, sports and real-world events. Built natively on Mantle, the platform keeps capital productive by generating yield while markets remain open.
🇬🇧 Revolut price tag ‘just a stepping stone’ to a trillion, says Fuse boss. Former Revolut CRO Alan Chang believes the FinTech’s current $75bn valuation is only a “stepping stone” toward becoming a $1tn company. Chang said Revolut is the only UK-born firm currently showing the ambition and scale needed to become a global champion.
🇪🇺 Pleo undertakes fresh round of job cuts, around 50 laid off, across its product, tech, design and data teams. Staff in Pleo’s home market of Denmark, the UK, and Germany were impacted by these layoffs, sources say. The cuts are part of an ongoing transformation aimed at improving focus and accelerating product delivery, a spokesperson said.
🇲🇽 Mercado Pago seeks an investment fund management license in Mexico. If approved, this license would allow wallet balances to be invested and provide access to investment products directly through the app. The company has also applied for a banking license in the country, as it seeks to broaden its product offering and deepen customer engagement.
PAYMENTS NEWS
🇮🇳 Pine Labs has launched P3P, a payment protocol that enables AI agents to complete UPI transactions once user-approved conditions are met. Designed for agentic commerce, the protocol allows automated purchases while maintaining user control through mandates, limits and audit trails.
🇬🇧 Pleo announces new agentic capabilities aimed at transforming financial management and decision-making. The company unveiled a suite of AI agents designed to automate routine spend management tasks, enabling finance teams to focus on more strategic work. Rolling out in beta from July, the agents will support key finance workflows, from expenses to accounting.
🌎 Early Warning Services plans to expand Zelle internationally, with India set to become the first market where U.S. consumers can send money to family and friends overseas. The company also unveiled ZelleUSD (ZLUSD), a U.S. dollar-backed stablecoin intended to support future cross-border payment capabilities.
HOW FINTECH PERFORMED LAST WEEK
📈 Here’s how the biggest publicly traded FinTech companies moved last week:
DIGITAL BANKING NEWS
🇪🇸 Revolut accelerates its growth in Spain during the first quarter of 2026, increasing customer deposits by 16.3% from year-end levels to €4.64bn. The increase highlights the FinTech’s continued expansion in the market, where it now serves more than six million customers. Continue reading
PARTNERSHIPS
🇵🇹 xMoney has become the first Mastercard issuer worldwide to launch Mastercard Payment Passkey, enabling biometric authentication for tokenized online payments and Click to Pay transactions. The solution replaces passwords and one-time codes with fingerprint or facial recognition for a faster checkout experience.
🇳🇬 Roqqu has partnered with Ondo Finance to offer tokenized US stocks and ETFs to retail investors in Nigeria. Scheduled to launch at the end of June, the initiative aims to expand access to global financial products through blockchain technology, eliminating many of the barriers associated with traditional brokerage services.
🇺🇸 Yellow Card has selected Turnkey to provide embedded wallet infrastructure for its stablecoin payment network across emerging markets. The partnership aims to simplify cross-border transactions by removing wallet complexity, allowing users to access stablecoin-based payments through familiar authentication methods.
DONEDEAL FUNDING NEWS
🇺🇸 Digital Asset has raised $355m in a funding round led by a16z crypto to expand Canton’s role in regulated capital markets. The capital will support the next phase of Canton's growth as more institutions bring assets, applications and regulated workflows onto the network.
M&A
🇬🇧 GoHenry to join Barclays to help even more UK kids get smart with money. The company is set to be acquired by Barclays from Acorns, subject to regulatory approval, in a move aimed at expanding financial education for young people in the UK. The deal will support GoHenry’s mission while giving members a pathway to continue their financial journey into adulthood.
🌎 Levata has acquired POSDATA Group, expanding its capabilities into payment technologies. The deal adds payment terminal distribution, encryption key injection and deployment services, strengthening Levata’s presence in the retail and hospitality sectors while broadening its enterprise technology platform.
🇺🇾 BTG Pactual has received approval from Uruguay’s central bank to acquire HSBC Uruguay, completing the regulatory authorization process for the deal. The transaction, valued at about $175m, supports BTG’s international expansion strategy and strengthens its presence across Latin America.
🇺🇸 Blockworks has acquired Messari as part of its strategy to consolidate crypto’s fragmented data and information sector. The combination brings together research, market intelligence and data infrastructure to support AI-driven workflows, institutional adoption and the growing ecosystem of onchain assets.
MOVERS AND SHAKERS
🇧🇷 Revolut recruits Paulo Guedes to support its expansion in Brazil. The former Brazilian Economy Minister has joined Revolut's newly created advisory board, which will also include Ana Novaes and Luiz Henrique Lobo. Revolut said Guedes will contribute macroeconomic expertise and international relationships as it expands in one of its fastest-growing markets.
🇨🇭 Tether Chief Business Officer Benjamin Habbel has stepped down after nine months and will return to private equity firm Limestone Capital, where he is a co-founder. The move comes as Tether expands its real estate investments and plans to deepen its partnership with Limestone.
Want your message in front of 275.000+ FinTech fanatics, founders, investors, and operators?
Comments ()