Elliott Management has increased its investment in the payments company Bill Holdings, indicating a growing interest in the fintech sector. This move aligns with Elliott's strategy to capitalize on the evolving landscape of digital payments.

Great Hill Partners has successfully raised a new $7 billion investment fund, surpassing its initial $5 billion target, to continue its middle-market buyout strategy in various sectors, including financial services and software. Despite this success, the payments sector has seen a decline in investment activity, with deal values dropping to their lowest in over a decade, according to recent reports.