David Francione

  • Managing Director
617-419-2040
(add to contacts)

Biography

David Francione, Managing Director, has over 24 years of experience as an investment banker, corporate development executive and management consultant.

Previously, David served as Senior Vice President at Silverwood Partners, a global investment banking firm. Prior to joining Silverwood Partners, He was head of corporate development for Elcom International, Inc., a $500 million international publicly-traded eCommerce technology platform company. David began his career with SS&C Technologies (Nasdaq: SSNC), a global Fintech leader in investment software and analytics, and then joined the investment banking group at Advest, Inc. (acquired by Merrill Lynch), where he focused on public offerings, mergers and acquisitions, private financings and valuations for financial services, technology and consumer products companies. 

Education

University of Connecticut - MBA - Finance

Central Connecticut State University - BS - Finance

Registrations & Affiliations

FINRA - Series 7 & 63 Registered General Securities Representative

FINRA - Series 79 Registered Investment Banking Representative

Industry Coverage

The report overviews the short- and long-term effects of the COVID-19 pandemic and discusses which subsectors will be most impacted, both positively and negatively. The report also shares:

  • Key themes disrupting the industry, including payments, digitalization, lending, and mobile.
  • How trends have impacted merger and acquisition (M&A) activity and valuations.
  • An overview of the most active players, as well as expectations for the industry moving forward.
  • Read more

COVID-19 lockdowns have created heightened demand for the implementation of financial technology and digital payment solutions.  As the industry continues to experience such growth, established financial technology companies look to strategic acquisitions to safeguard their market position and bolster software suites.  Market activity in the FinTech & Payments industry is expected to continue through 2021, with a particularly favorable outlook on the Digital Payments segment.Read more

Deal volume and financings across the FinTech & Payments industry decreased 20% year-over-year (YOY) but increased 11% on a quarter-over-quarter basis.  The contraction in deals and financings reflects the adverse impacts of the COVID-19 pandemic that started in March and has continued through the end of Q3 2020.  In total, there were 152 mergers and acquisitions (M&A) announced in the space with Payments remaining the largest segment. Read more