Rapid Recap of Financial Technology Weekly News Headlines
In the ever-evolving world of fintech, several significant partnerships and funding rounds have been announced recently. Here's a roundup of some of the key developments:
US Fintech Investment Trends
The US continues to dominate the global fintech scene, with a strong focus on high-value venture capital investments. In the first half of 2025, the US saw 163 deals worth over $80 billion, reflecting investor confidence in US fintech companies despite global economic challenges [1].
Fintech funding in the US also grew in the second quarter of 2025, with global fintech funding reaching $11 billion. US-based fintech companies secured 43% of deals and 65% of mega-rounds globally, and US funding accounted for 60% of global fintech investment in Q2 [3][5].
Key trends in the US fintech industry include a surge in AI-enabled technologies, a growing focus on stablecoins and cross-border payments, and investments in infrastructure and compliance-driven solutions [4][5]. Notable deals include Acrisure's $2.1 billion funding round, highlighting the interest in tech-enabled financial services platforms [5].
International Fintech Developments
Across the pond, fintech investment in the UK reached $7.2 billion in the first half of 2025, slightly down from last year's total of $7.6 billion [6].
Meanwhile, digital asset platform Zodia Markets raised more than $18 million in Series A funding [7]. TransferMate secured in-principle approval from the Monetary Authority of Singapore (MAS) to add payment services [8].
In collaboration news, Co-operative Bank partnered with 10x Banking for a core replacement, while Finastra teamed up with NTT Data to extend its Lending Cloud Service [9][10]. Payments processor Silverflow partnered with fintech provider payabl to upgrade its payments infrastructure [11].
Jack Henry and Array launched the Banno Digital Banking Platform capability, MyFinancialHealth, and Klarna unveiled a new enablement via the Stripe for WooCommerce integration [12][13]. Global payroll and financial platform Ontop partnered with Thunes to offer real-time wage access, and payments company Nayax embedded its payment technology into 100,000 Autel Energy EV chargers in North America and Europe [14][15].
Sidney Federal Credit Union deployed Illuma's IllumaSHIELD voice authentication and caller fraud prevention solution, adding an extra layer of security to its operations [16].
On a regulatory note, President Trump signed an executive order enabling investors to buy alternative assets, including cryptocurrencies, for their 401(k) retirement savings plans [17].
These developments underscore the vibrant and dynamic nature of the global fintech industry, with a focus on innovation, partnerships, and regulatory changes.
[1] Source: VentureBeat [2] Source: CB Insights [3] Source: Business Insider [4] Source: Forbes [5] Source: TechCrunch [6] Source: Tech Nation [7] Source: CoinDesk [8] Source: Finextra [9] Source: Finextra [10] Source: Finastra [11] Source: Payabl [12] Source: Jack Henry & Associates [13] Source: Klarna [14] Source: Ontop [15] Source: Thunes [16] Source: Illuma [17] Source: White House
- The surge in AI-enabled technologies and investments in digital banking platforms, such as the Banno Digital Banking Platform launched by Jack Henry and Array, are key trends in the United States fintech industry.
- Globally, fintech developments are focusing on cross-border partnerships, like TransferMate securing approval from the Monetary Authority of Singapore (MAS) and Nayax embedding its payment technology into EV chargers in North America and Europe.
