Airwallex CEO signals M&A consolidation strategy and acquisition interest from large fintech
Airwallex signaled an acquisition thesis in CEO articulates M&A consolidation thesis on November 17, 2021.
- Primary
- Airwallex
- Counterparty
- Stripe, unnamed $20B fintech
- Structure
- CEO articulates M&A consolidation thesis
- Date
- November 17, 2021
- Sub-sector
- B2B Payments
Airwallex CEO states $600M cash reserve will be used for M&A and confirms recent acquisition approaches from Stripe (2018/2019) and another $20B fintech, signaling buyer interest in consolidation.
Source: finance.yahoo.com