Ilya Levin on Why Buyers Keep Mispricing Fintech Companies

Fintech dealmaking has picked up pace in 2026. Global fintech investment reached $103.1 billion in the first half of the year , up from $72.2 billion in the previous six months, and M&A made up the largest share: $67.9 billion across 394 deals. Fewer deals are carrying more money, as investors concentrate capital on companies with proven business models, and AI-focused fintechs alone drew $21.4 billion. With buyers paying for scale and capabilities, the open question is what a regulated financial business is really worth.

Source: Finbold