We don't want to look like JPMorgan,'" Jason Mikula, fintech analyst and writer behind Fintech Business Weekly, told Insider.
How closely they adhere to it matters greatly in terms of if a deal is on the line," Mandelbaum told Insider.
Investors pumped $132 billion globally into fintechs in 2021 and there were more than 900 fintech M&A exits, according to CB Insights.
"It's now a buyer's market," Rob Brown, CEO of Lincoln International, a global investment-banking advisory firm, told Insider.
One way companies might optimize the due-diligence process without cutting corners is by leaning on machines to help with the heavy lifting.