This has been the result of several things . The leading element has been technological development . As innovations have made great leaps forward in a short pace of time and global digitalisation has been made necessary , the expense of switching over legacy systems to digitally-native platforms has resulted in more partnerships , with larger companies merging with smaller technology entities to scale and upgrade their tech . This strategy is often the more affordable option , given the expense of building new technology stacks and all the transitioning that that entails .
Increased funding in the fintech space is also enabling mid-sized companies to snap up innovative startups that are shaking up the marketplace with their disruptive solutions . Marc Kitten –
programme director of the Mergers & Acquisitions Executive Education programme at Imperial College Business School and partner at Candesic , a strategy consultants firm – says the merger and acquisitions boom is a natural progression of industry growth .