Unlocking SMB Success: the ‘One Click’ Digital Marketing Opportunity
Every morning, small business owners open their laptops to a familiar headache. Their sales data lives in one system, their customer lists in another, and their marketing campaigns scattered across multiple platforms. To launch even the simplest promotion, they must stitch together emails, social ads, and reports from tools that don’t talk to each other. […]
Ramp’s 40% Valuation Increase Over Two Months Illustrates Massive Interest in B2B Fintech
Introduction Ramp’s rapid ascent to a $22.5 billion valuation in July 2025 — less than two months after being valued at $16 billion — signals high market expectations for the growth trajectory of B2B fintech platforms that combine product breadth, embedded financial services, and operational scale. Ramp’s evolution from a corporate card startup to a […]
Corpay Strengthens X-border Footprint With Acquisition of Alpha Group
Pending Regulatory approval and closing in Q4’2025, Corpay expanded its cross-border capabilities with the acquisition of Alpha Group, enhancing its presence in Europe and reinforcing its position as a leader in B2B payments.
Convergence of CFO SaaS & Fintech: Xero Acquires Melio (for up to USD $3 billion)
Introduction The landscape of B2B financial software and services for small and medium-sized businesses is undergoing a transformation. As CFOs and finance teams increasingly seek integrated solutions that blend accounting and bookkeeping with payables, receivables, and spend management (among other domains), software providers and fintechs are racing to broaden their capabilities through strategic acquisitions and […]
Embedded Finance in B2B & Office of CFO SaaS
On July 1st, 2025, Flagship Advisory Partners co-hosted an event with UBS in London, where Anupam Majumdar, Partner at Flagship, presented on the rising wave of B2B and Office of the CFO SaaS innovation in Europe, highlighting its evolution in relation to the more mature US fintech landscape. We advise viewing the slides via the […]
Selling Embedded Payments with Flagship Advisory Partners, Adyen & Zenoti
Joel van Arsdale, Managing Partner at Flagship Advisory Partners, recently sat down with Hemmo Bosscher, SVP, Global Head of Payments at Adyen and Vamshi Reddy, Head of Payments at Zenoti, to discuss how software platforms can effectively sell embedded payments and make them a key part of their growth strategy on Adyen’s latest episode of […]
Ledger-as-a-Service: An Emerging Infrastructure Layer Powering Fintech Innovation
Innovation in financial services is at an all-time high and expanding to include an increasingly diverse range of product concepts, company types, and delivery models. Yet one thing remains constant: businesses that store, move, convert, or otherwise handle customer or partner money must keep track of those funds. As they focus on building new products, […]
Q1 2025 SaaS Earnings Observations
After a challenging quarter, the market is rebounding, with 9 of 14 tracked companies now posting positive 3-month returns. While growth continues, it has slowed modestly, suggesting a more measured expansion.
PSPs Buying Commerce Software Accelerating in Europe
Introduction Software platforms (ISVs or SaaS or SW companies) are rapidly expanding into payments and embedded finance, capturing more and more of the fintech value chain. In the U.S. market, we estimate that ISVs (independent software vendors), in various forms, already control 35% of the SMB merchant payments revenue pool. In response, payments service providers […]
2025 is the Year of Stablecoins, With Record Volumes and M&A Momentum
Stablecoins have demonstrated strong momentum, with transaction volumes surging to $5.7 trillion in 2024 and accelerating further with a 66% spike in Q1 2025. Investor interest is growing – evidenced by a recent increase in M&A activity, predominantly driven by strategic buyers rather than financial sponsors. A standout example is Stripe’s landmark $1.1 billion acquisition […]