Insights
8 min read2023-11-15Cross-Border Fintech M&A: Navigating Multi-Jurisdiction Deals
Veritas Connect Team
M&A Regulatory Specialists
Acquiring regulated entities across multiple jurisdictions adds complexity but can create significant strategic value.
Post-Brexit, many fintechs need both UK and EU authorisation. Acquiring entities in multiple jurisdictions can solve this.
Strategic Rationale
- Immediate EU market access post-Brexit
- Client continuity for cross-border services
- Regulatory diversification
Execution Challenges
- Parallel regulatory approvals
- Multiple advisors and increased costs
- Currency and tax considerations
- Integration complexity
Preferred Structures
Holding company acquisitions can simplify multi-entity deals, but each regulated subsidiary requires individual change in control approval.