GoCardless CEO signals M&A appetite amid fintech consolidation wave

GoCardless signaled an acquisition thesis in M&A strategy statement on November 14, 2023.

Primary

GoCardless

Structure

M&A strategy statement

Date

November 14, 2023

Sub-sector

Financial Data / Open Banking

GoCardless CEO articulates active M&A strategy to consolidate open banking market share as macroeconomic pressure forces weaker competitors toward acquisition.

Primary company

GoCardless

Counterparty

Not disclosed

Amount

Not disclosed

Event date

November 14, 2023

Sub-sector

Financial Data / Open Banking

HQ

Not disclosed

Structure

M&A strategy statement

Source published

November 14, 2023

Publisher

NBC Chicago / CNBC

Source: nbcchicago.com