FinTech50
The most successful FinTech companies continue to achieve
“super premiums” from buyers, due to the significant market
opportunity and strong recurring revenue models. FfastFill,
for example, the leading SaaS Provider for trading and risk
management serving the electronic trading community, was
acquired by ION Trading. Digital Insight, which creates online
“The most successful
FinTech companies
continue to achieve
‘super premiums’
from buyers”
banking and mobile banking innovations proven to help banks
and credit unions connect with customers and grow, has been
acquired by NCR for $1.6bn, which also recently acquired
Alaric Systems for $84m.
Having sold FinTech companies since 1999, ICON has seen
at first hand why buyers are attracted to businesses in this
space. The most sought-after share a number of characteristics.
They operate in large and growing global markets. They are
world class in their niche. They have attractive underlying
business models with strong recurring revenues and have
a demonstrable opportunity to drive top line growth with
world class management teams. Overall, they have strategic
relevance to the buyer.
A classic example of the “London FinTech” effect is the
business my-Channels; originally founded by a team of