Mounting consumer pressure for faster, seamless, cheaper and more secure digital payments will press companies to collaborate and move quickly in order to keep up. This will also fuel consolidation in the industry. The latest development is the global fund Hellman & Friedman, which is fronting an investor group, bidding to acquire the Nordic payment system provider NETS for $5.1bn. Hellman & Friedman wants to use the NETS platform for European consolidation of the payment service industry and subsequent expansion into e-commerce.
Our financial services sector team combines a broad range of experience across the insurance, life and pensions, banking and wealth management industries.
Members of our advisory team have worked in an operational, management or advisory capacity for a wide variety of companies in the sector, including: