At first glance, M&A appears to run on financial logic alone. Buyers evaluate targets, advisors run processes, lawyers negotiate documents, and transactions move toward signing and closing. In practice, however, the rhythm of deal-making is often influenced by something much quieter: holidays.
For cross-border transactions in particular, fintech M&A timelines are regularly shaped by international and religious calendars. Ramadan, Easter, Christmas, Lunar New Year, Golden Week, and national holiday clusters can all affect decision-making speed, meeting availability, diligence cycles, and closing readiness. These effects are rarely the headline issue in a deal, but they often determine whether a transaction moves efficiently or stalls unexpectedly.