{"id":5784,"date":"2018-10-15T15:34:09","date_gmt":"2018-10-15T13:34:09","guid":{"rendered":"https:\/\/staging.capitalmind.com\/fintech-sector-and-ma-report\/"},"modified":"2019-08-26T11:44:53","modified_gmt":"2019-08-26T09:44:53","slug":"fintech-sector-and-ma-report","status":"publish","type":"post","link":"https:\/\/dev2.capitalmind.com\/de\/fintech-sector-and-ma-report\/","title":{"rendered":"Digital transformation of payments"},"content":{"rendered":"<p><strong>Highlights from our report<\/strong><\/p>\n<ul>\n<li>The global payments sector is worth some \u20ac1.9 trillion and is currently expanding at a CAGR 2016-2021 of 7%, supported by the continued\u00a0 displacement of cash and growth in electronic\u00a0\u00a0 transaction volumes.\u00a0 We are seeing accelerated consolidation in the European market, driven mainly by tech\/payments specialists and increasingly private equity (PE). Deals are being used to deliver cost synergies, as most of the market is not\u00a0 operating at critical scale; geographic reach (new markets &amp; customers); and innovative digital capabilities such as cloud services and machine learning (AI).<\/li>\n<\/ul>\n<ul>\n<li>In the EU deals are concentrated in Germany, the Nordics, France and the Netherlands, Investec\u2019s core markets, where transaction sizes are growing and the largest platforms are\u00a0\u00a0\u00a0\u00a0\u00a0 becoming ever larger.<\/li>\n<\/ul>\n<ul>\n<li>A number of leading international payments players achieved major exits in Q1 and Q2, including IPO exits by EVO Payments, GreenSky and Adyen; and M&amp;A exits by WorldPay (to Vantiv),\u00a0\u00a0 Zettle (to PayPal), and Verifone (to Francisco Partners &amp; British Columbia).<\/li>\n<\/ul>\n<ul>\n<li>Valuations are high, depending on segment positioning, ranging between 8x and 24x EBITDA for listed players. In terms of Total Shareholder Returns (TSR), payments has outperformed\u00a0 other financial servicescategories by a wide margin over the past 10 years.<\/li>\n<\/ul>\n<ul>\n<li>Blockchain has the potential to revolutionize payments services, because the technology behind cryptocurrencies makes payments dramatically faster, cheaper and more secure. It is no\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 surprise to see blockchain being adopted by the mainstream (ie. banks and traditional payments providers). Moreover, this mega-trend is only just beginning.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highlights from our report The global payments sector is worth some \u20ac1.9 trillion and is currently expanding at a CAGR&#8230;<\/p>\n","protected":false},"author":17,"featured_media":8458,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3801],"tags":[],"news-event-type":[],"dealtype":[],"blog-tag":[],"class_list":["post-5784","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sectornews-de","ps-tmt-de"],"acf":[],"_links":{"self":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/posts\/5784","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/users\/17"}],"replies":[{"embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/comments?post=5784"}],"version-history":[{"count":0,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/posts\/5784\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/media\/8458"}],"wp:attachment":[{"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/media?parent=5784"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/categories?post=5784"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/tags?post=5784"},{"taxonomy":"news-event-type","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/news-event-type?post=5784"},{"taxonomy":"dealtype","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/dealtype?post=5784"},{"taxonomy":"blog-tag","embeddable":true,"href":"https:\/\/dev2.capitalmind.com\/de\/wp-json\/wp\/v2\/blog-tag?post=5784"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}