Analysis of the key themes driving M&A activity reveals that ecommerce accounted for 4 payments deals announced in Q1 2024, worth a total value of $6.6m. The $6.5m acquisition of White’In by Mipise was the industry’s largest disclosed deal. GlobalData’s Banking and Payments Industry Mergers and Acquisitions Deals by Top Themes report for Q1 2024 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, ecommerce-related deal activity decreased by 84% in Q1 2024 compared with the previous quarter’s total of $40.7m and fell by 38% as compared to Q1 2023. Related deal volume decreased by 33% in Q1 2024 versus the previous quarter and was 33% lower than in Q1 2023.

For further understanding of GlobalData's Banking and Payments Industry M&A Deals by Top Themes in Q1 2024 – Thematic Intelligence, buy the report here.

This content was updated on 23 April 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.

GlobalData’s Deals Database tracks global deal activity, including mergers, acquisitions, capital raising, strategic alliances, and licensing agreements. Proprietary analysis is used to group deals into key thematic areas and granular sectors across the world’s largest industries.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Deal type includes Acquisition, Asset transactions and Mergers.