Est. 2001·3,000+ placements · six offices · four regions

Company signals · Fintech

Fawry

1 signal in the current window, with MitchelLake's leadership read on each.

Last updated

Market context: Backdrop: a 105.8 (Hot) Talent Market Index (down 2.4 on the month) with EMEA activity easing (-2.8pts).

Fawry: 0 signals in the last 90 days — below the Fintech median of 1 across 88 tracked companies.

Signals at Fawry

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Ma Activity · EMEA

Finova

Finova acquired AI lendtech start-up Cubit Labs. This is the first M&A transaction under new leadership (Gareth Richardson, appointed within the last year). Finova is Bain Capital-backed.

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Backbase

Backbase, a provider of AI-native banking operating system, acquired Kasisto, a pioneer in agentic AI for banking and financial services. The deal embeds Kasisto at the core of Backbase's Banking OS to enable banks to deploy agents handling customer intent to governed resolution.

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Finastra

Finastra divested its Universal Banking (UB) global core banking software business to UK-based private equity firm Pollen Street Capital.

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Nuvei

Nuvei is reported to be pursuing a merger with Payoneer to strengthen position in stablecoin processing and SMB merchant reach.

Ma Activity · EMEA

Adyen

Adyen won a major UK government contract, replacing Stripe as the processor for the Gov.UK Pay payments platform

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Mollie

Mollie acquiring GoCardless in €1.1bn deal, expected to finalize in H2 2026, integrating card payments and bank payments for 350,000+ businesses

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