Pennexx Foods Inc (PNNX)

[Wellwhatdoyaknow]

Buyout offers for sure. Look at what is currently happening in this sector.
Forbes-Why 2020 Is The Year For Fintech

This month marked one of the largest fintech acquisitions of all times, Visa’s purchase of Plaid for $5.3 billion. It is a validation of fintech in a literal sense – Plaid is a key enabler to many of the leading fintech players, and critical in simplifying the onboarding flow and integration of players. It may also be a bellwether for the year: 2020 may be the year for fintech.

Four important and interlocking trends will drive this.

1. Fintech is yielding mega rounds and successful exits....

2. Fintech is maturing and providing a more holistic solution for customers....

3. Fintech’s globalization is accelerating....

4. Fintech is causing incumbents to react....

2020 may be the year of fintech

Combining these trends presents a powerful future for fintech. Fintech exits are becoming proven. More capital is being poured in to support the next wave. Fintech’s scale is affecting incumbents industry wide. This is not just happening in the US, but globally. And of course, fintech solutions are becoming more harmonized in customer facing ways, as challenger banks demonstrate.

Plaid’s acquisition in that way, as both a key enabler in fintech, and a powerful example of the value they create, is a bellwether for the industry.

So this raises the question, How many buyout offers will there be?