Since January 2022 there have been 39 transactions in the buy now, pay later (BNPL) industry in 20 countries. Among those transactions, 35 were investments or credit facility deals and 4 were acquisitions. The acquisitions were: UK-based Zopa Bank acquired UK-based BNPL provider DivideBuy, Japan-based MUFG Bank acquired 70% of Japan-based BNPL provider Kanmu, FinAccel acquired Bank Bisnis in Indonesia to create a BNPL provider and Compass, a unit of Mediobanca, purchased Italy-based Soisy. Among the top BNPL deals over the last 14 months, the transaction with the largest value was the $800.0...