Analysis of the key themes driving M&A activity reveals that artificial intelligence accounted for 3 payments deals announced in Q4 2023, worth a total value of $0m. The $0m acquisition of Wallet Communication by Fobi AI was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for 2023 unveils the driving forces behind the M&A activities in the industry, providing crucial insights into trends and shifts. Buy the report here.
In value terms, artificial intelligence-related deal activity decreased by 100% in Q4 2023 compared with the previous quarter’s total of $25.8m. Related deal volume increased by 200% in Q4 2023 versus the previous quarter and was 50% higher than in Q4 2022.
For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in 2023 – Thematic Intelligence, buy the report here.