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Fintechs Are Building Corporate Development Teams to Ramp up M&a

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  • Fintech M&A is set to boom as startups, flush with cash, look for ways to compete.
  • Some fintechs are building out small but formalized corporate-development arms.
  • It could be a draw for junior bankers at traditional financial companies.

After a year of record fundraising and IPO exits, financial-technology companies are flush with cash and armed with more experience. 

Now, many are positioning themselves to cut their own deals. 

Fintechs are building out internal corporate-development teams, having reached the scale and maturity to source and land deals themselves amid an ongoing blitz in fintech M&A. 

These teams, which can focus on everything from strategic partnerships to outright acquisitions, offer a more personal touch than external advisors due to the fact they sit within the firm, experts say. 

“The trend is more to build the capability in-house, because of the frequency of transactions and to supplement areas that you may not have been able to build…

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