2022年11月17日,

11/17/2022 | 06:05am EST信息:*必填字段紐約(路透社)——金融科技公司,長期以來被視為一種威脅的摩根大通(jpm . n:行情),正日益成為傳統美國銀行收購目標利率上升和下降的估值阻礙他們的擴張。上市金融技術公司的估值在2022年暴跌70%,Jefferies Group的分析師上周在一份報告中說。在同一時期,銀行的估值標準普爾500指數下降了33%,而標準普爾500指數的估值下降了23%,數據顯示Refinitiv ib。下降為主要街道銀行購買公司提供了一個機會和增強技術數字銀行、網上支付和貸款之外的其他金融服務和多元化。Huntington Bancshares Inc .)就是這樣的一個銀行。俄亥俄州哥倫布市的地區性銀行正在為更多的目標後,買了Torana, 5月支付fintech,。“我們可能購買更多的在支付方麵,“亨廷頓首席執行官史蒂夫Steinour在采訪中對路透表示。投資者拋售fintech股市今年與其他科技股,當經濟增長強勁表現更好。與美國接近潛在衰退,利率上升,前景fintechs侵蝕。引人注目的崩潰加密交換FTX上周也動搖了信心。 "With valuations coming down, and the IPO and SPAC markets all but dried up at the moment, there's certainly a lot more room for acquisitions by traditional banks into fintech," said Dan Goerlich, a partner at PwC who focuses on financial deals. The renewed interest contrasts with previous years, when finance chiefs balked at acquiring companies they saw as too richly valued, he said. The year's losses have been steep. For example, shares of Affirm Holdings, which offers buy-now pay-later services, have fallen about 85% this year. Personal finance firm Dave Inc has plunged almost 97%. Affirm declined to comment. Dave did not immediately respond to a request for comment. Startup founders could come under more pressure to do deals as it gets more expensive to run their companies. Investors have become intensely focused on rising funding costs, Jefferies analyst John Hecht wrote in a note. JPMorgan CEO Jamie Dimon has warned for a decade that Silicon Valley is coming to eat banks' lunch. In that time, fintechs have blossomed as customers and businesses embraced digital financial services. Pandemic lockdowns supercharged the trend as everyone moved online. Even so, the price rally stalled this year as the economic outlook darkened. Aiming to meet the challenge, the largest U.S. lender has been buying. In September, JPMorgan agreed to acquire Renovite Technologies Inc, a cloud-based payments technology company, the latest in a string of deals worth $5 billion over the past 18 months. PNC Financial Services Inc in September bought Linga, a fintech focused on restaurant operations and sales. "You will see an explosion of deals" over the next year and a half, said Michael Abbott, global banking lead at Accenture. ON THE MENU Big lenders have plenty of reasons to strike deals. The slide in fintech valuations coincides with banks earning more from traditional lending businesses as interest rates rise. Fintech transactions may be easier to clinch compared with bank mergers, which have been delayed by scrutiny from regulators. "Management teams and boards have redirected some of their focus to non-bank opportunities," said Brennin Kroog, a managing director in the financial institutions group at Lazard. Those include digital tools for wealth or treasury management and point-of-sale financing. Fintech deals enable banks to buy new technology or products instead of developing them in-house. Acquisitions can also be defensive moves into other businesses outside of lending, like travel services. Not all sellers will find a buyer. Some banks have shunned buy-now, pay-later companies amid concern over their lending portfolios and the possibility of regulation. Crypto providers were already considered unattractive because of regulatory uncertainty, even before FTX's collapse. Even with better conditions, striking deals isn't easy. PNC, based in Pittsburgh, Pennsylvania, looked at over 50 potential acquisitions this year and finally landed on one firm, CEO Bill Demchak told Reuters. However, as "valuations have come way down, our activity level might be higher," he said. (Reporting by Saeed Azhar and David French in New York; Additional reporting by Niket Nishant in Bengaluru; Editing by Lananh Nguyen and Anna Driver) By Saeed Azhar and David French