Аsia
HeyMax acquires krip to expand in Asia
IBS Intelligence, Posted July 23, 2025
HeyMax, has acquired krip, a FinTech platform to transform everyday spending into meaningful travel experiences for consumers across Asia.
Founded in 2022, krip has redefined how consumers interact with their credit cards by simplifying access to rewards and benefits. Its platform aggregates over 6,000 credit card deals from more than 3,000 merchants, delivering a highly personalised experience that empowers users to maximise the value of their spending. By enabling financial institutions to deepen customer loyalty and engagement, krip has supported an estimated $7.4 billion in additional annual card spend through partnerships with leading players such as livi Bank and Grantit.
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PayU India secures $35.1m to boost digital payments push
IBS Intelligence, Posted July 22, 2025
PayU India, has raised an equity funding round of $35.1 million to strengthen its strategic growth within India’s dynamic payments ecosystem.
The investment comes from its parent company, MIH Payments Holdings BV, a Netherlands-based entity under global consumer internet group Prosus.
The capital infusion, formalised through the issuance of 48.68 million fully paid equity shares at INR 62.21 per share, underscores Prosus’ continued confidence in PayU’s mission to advance India’s digital payments landscape with secure, real-time, and inclusive financial solutions. The newly allotted shares carry equal rights and privileges as the existing equity.
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Asia’s payments shift as more people ditch cards
IBS Intelligence, Posted July 21, 2025
Over 70% of online payments in Asia now run through alternative payment methods (APMs) like QR codes, bank transfers, and eWallets instead of traditional cards.
The shift highlights how consumers across the region are demanding faster, more flexible ways to pay in their everyday lives, whether it’s paying for groceries, splitting a taxi fare, or topping up mobile data, all with a few taps on a phone.
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Europe
As customer growth slows, FinTech bets on deeper impact, study shows
IBS Intelligence, Posted July 23, 2025
The global FinTech sector is entering a new phase—not just one of growth, but also one of maturity. According to the “Future of Global FinTech: From Rapid Expansion to Sustainable Growth,” the second edition of a joint report by the World Economic Forum and the Cambridge Centre for Alternative Finance, the industry is stabilising after years of rapid expansion. The post-pandemic spike is giving way to something far more meaningful: strategic partnerships, financial inclusion, and tech-powered resilience.
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Deutsche Bank Rolls Out Card Acquiring Services for Bolt Across Europe and the UK
Fintech News, Posted July 24, 2025
Deutsche Bank has launched card acquiring services for Bolt, one of Europe’s major mobility platforms, across both the European Union and the UK.
The service is supported by Silverflow’s cloud-based payment infrastructure, following a strategic partnership announced between Deutsche Bank and Silverflow in June.
Under this arrangement, Deutsche Bank serves as the card acquirer, offering the regulatory framework required to process card transactions through Visa and Mastercard.
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Bank of England Considers Shelving Plans for a Digital Pound
Bloomberg, Posted July 22, 2025
Bank of England officials are mulling whether to set aside plans to create a digital pound for households amid growing skepticism about the project’s benefits, the latest sign of dwindling support for state-backed digital currencies globally.
The BOE has been privately urging the banking industry to instead accelerate payment innovations that could result in similar benefits without the creation of a central bank digital currency — or CBDC — for consumers, according to people familiar with the matter.
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Mondu Launches ‘Pay Now’ A2A Payment Option for B2B E-Commerce
Fintech News, Posted July 24, 2025
Mondu, a Netherlands’ based B2B payments provider, has introduced Pay Now, an account-to-account (A2A) payment option aimed at B2B e-commerce transactions.
This latest offering complements the company’s existing Buy Now, Pay Later (BNPL) suite, providing business buyers with a secure, real-time checkout method.
According to FF News, the European B2B e-commerce market is undergoing rapid expansion and is expected to reach US$2.2 trillion by 2027, nearly double its value in 2022.
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USA
Global FinTech funding hits $24b in H1 2025
IBS Intelligence, Posted July 24, 2025
Global FinTech investment rose to $24 billion across 2,597 deals in the first half of 2025, marking a modest 6% increase compared to the second half of 2024, according to data compiled by Innovate Finance.
While the US continues to lead the sector with $11.5 billion invested across 1,082 deals, shifting dynamics in other regions are reshaping the competitive landscape.
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Poshmark Partners With Klarna To Streamline In-App Resale
Value Added Resource, Posted July 22, 2025
US-based Klarna app users can now list their previous purchases on Poshmark using streamlined functionality with pre-filled product descriptions and images.
Women’s Wear Daily reports the new partnership takes advantage of Klarna’s resale offering to boost circular economy transactions, empowering consumers to earn money from their wardrobes (paywalled).
Poshmark Partners With Klarna To Streamline In-App Resale
Value Added Resource, Posted July 22, 2025
US-based Klarna app users can now list their previous purchases on Poshmark using streamlined functionality with pre-filled product descriptions and images.
Women’s Wear Daily reports the new partnership takes advantage of Klarna’s resale offering to boost circular economy transactions, empowering consumers to earn money from their wardrobes (paywalled).
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Paypal, Posted July 16, 2025
PayPal (Nasdaq: PYPL) has unveiled a series of global partnerships that will connect many of the world’s largest payment systems and digital wallets on a single platform, starting with interoperability with PayPal and Venmo. Together, the launch partners represent nearly two billion users globally. Today’s announcement outlines the vision for PayPal World and how it will transform the way people send money, shop online, in-store, and with AI agents across borders.
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JPMorgan Chase explores lending secured by clients’ cryptocurrencies: FT
Theblock Posted July 22, 2025
JPMorgan Chase is exploring plans to offer loans secured by customers’ cryptocurrency holdings, signaling a broader embrace of crypto assets by traditional financial institutions, according to the Financial Times.
FT reported on Tuesday, citing sources familiar with the matter, that the bank is weighing plans to allow clients to borrow against crypto assets such as bitcoin and ether as early as next year, though the details remain subject to change.
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LatAm
Nubank begins testing new NuCoin
Nubank, Posted July 21, 2025
Nubank announces the start of testing for the new NuCoin, its latest relationship program. The initiative addresses a demand for benefits and recognition from customers not previously covered by market relationship programs and goes beyond the traditional logic of benefiting only those who spend more on their credit card. With the new initiative, it will be possible to earn nucoins and compete for rewards by using the debit card as well. Gradually, other actions will be incorporated into the program, such as paying bills on time, registering a Pix key, and sharing data with Nubank via Open Finance, expanding the forms of engagement.
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