Image via Startup Rise UK/EU
Last updated
Fonoa: Ma Activity
Fonoa acquired Indirect Tax Edge (Edge) from PwC, a widely-used VAT/GST compliance platform. Plans to integrate Edge into Fonoa's modular infrastructure while PwC continues advisory services.
Source: Startup Rise UK/EU
The leadership read
Consolidation of this kind shifts demand toward integration and transformation leadership bench strength in fintech.
Market context: This lands while the Talent Market Index reads 111.1 (Hot) — up 5.2 versus the prior month — and Americas signal share is rising (+6.3pts).
Fonoa: 2 signals in the last 90 days — above the Fintech median of 1 across 102 tracked companies; 0.1% of MitchelLake's Americas signal flow; 2 tracked across 1 days.
MitchelLake in this thematic
From the MitchelLake archive
Also at Fonoa →
More signals across Fintech
Ma Activity · Americas
Nuvei →Nuvei (Canadian payments firm) completed acquisition of Payoneer (New York-based payments company) and remade its C-suite leadership team in response. Company is doubling down on agentic commerce as strategic focus post-acquisition.
Ma Activity · Americas
SoFi →SoFi acquired Composer, a Toronto-based AI-powered retail investing startup
Ma Activity · Americas
Adyen →Adyen acquired Orb for $335M in an all-cash deal, closing on 1 July 2026. This follows Adyen's April acquisition of Talon.One.
Ma Activity · Americas
Figure →Figure acquired real estate lender Kiavi through a joint venture to tokenize housing loans and deploy an AI-powered onboarding agent, signaling strategic expansion into blockchain-based real estate finance.
Ma Activity · Americas
Flex →Flex completed acquisition of Electrical Power Products (EP²), expanding their critical power portfolio with electrical power control and protection capabilities
Geographic Expansion · Americas
Klarna →Klarna applied for a US banking license, signaling intent to operate as a regulated bank in the United States
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