Аsia
Asia to capture 47% of global FinTech market, hitting $19tn in 2025
BS Intelligence, Posted February 25, 2025
Asia’s FinTech industry is experiencing unprecedented growth, with total transaction volumes projected to reach $18.9 trillion by the end of 2025, according to UnaFinancial’s latest research. This marks a 12.6% year-on-year (YoY) increase, solidifying Asia’s dominance in the global FinTech landscape.
In 2024, Asian FinTech transactions totalled $16.8 trillion, up by $2.1 trillion from the previous year. The region accounted for 48.2% of the global FinTech market, which reached $34.8 trillion. Digital payments and transfers led Asia’s FinTech expansion, contributing 40.1% of the growth (+$834 billion).
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GRCBC & Soft Space Offers Tap-to-Phone for MSMEs
Fintech News Philippines, Posted February 25, 2025
Rizal Commercial Banking Corporation (RCBC) has partnered with Soft Space, a Fintech-as-a-Service (FaaS) provider, to introduce RCBC Tap-to-Phone. This SoftPOS solution helps micro, small, and medium enterprises (MSMEs) accept digital payments
SoftPOS technology enables NFC-enabled smartphones to function as payment terminals, allowing merchants to process Mastercard and Visa transactions—whether credit, debit, or prepaid—using Android devices. The system generates a QR code as an electronic receipt for each transaction.
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Flipkart-backed fintech super.money acquires BNPL startup
Tech in Asia, Posted February 12, 2025
Super.money, supported by Flipkart, has acquired BharatX, a buy-now-pay-later (BNPL) fintech startup, in an all-cash transaction. The financial terms of the acquisition have not been disclosed.
Following this acquisition, BharatX’s core team will work with super.money to improve the app’s credit offerings.
They aim to leverage their expertise to develop credit options on the Unified Payments Interface (UPI).
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Paytm Partners with Perplexity to Bring the Power of AI to Crores of Indians
Paytm, Posted February 27, 2025
We have partnered with Perplexity to bring the power of AI to Crores of Indian consumers. Perplexity is the world’s first answer engine that delivers fast, clear responses with trusted sources in real time. This collaboration marks a major step toward integrating AI-driven intelligence into mobile payments, enabling users to get real-time financial assistance within the Paytm app.
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CTBC Bank Philippines Partners Hitachi Asia to Transform Digital Banking for Corporates and SMEs
Hitachi in Asia, Posted February 25, 2025
CTBC Bank (Philippines) Corp., in collaboration with Hitachi Asia, today unveiled its revamped Corporate NETBanking Web Portal. Building on the success of their previous partnership, which redesigned consumer-facing web interface and mobile banking applications, the two organisations are now extending their innovation to corporate banking. Empowering customers of all sizes – from Micro, Small and Medium Enterprises (MSMEs) to large enterprises – businesses can now streamline financial operations with an upgraded, secure and user-centric platform, thereby improving operational efficiency and meeting the evolving corporate banking requirements.
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Europe
Marqeta, Posted February 26, 2025
Marqeta (NASDAQ: MQ), the global modern card issuing platform that enables embedded finance solutions for the world’s innovators and TransactPay, a BIN Sponsorship provider that is licensed as an E-Money Institution (EMI) to issue e-money and undertake payment services in the UK and European Economic Area, today announced that they have entered into an agreement under which Marqeta will acquire TransactPay. This transaction will significantly strengthen Marqeta’s card program management capabilities in the UK and Europe.
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Interpolitan Money announces partnership with ClearBank
Interpolitan, Posted February 25, 2025
UK-headquartered alternative banking firm Interpolitan Money Plc today announced its new partnership with real-time clearing and embedded banking facilitator ClearBank. As a fully regulated bank, ClearBank will improve Interpolitan’s UK solutions by providing local GBP accounts for its corporate and private client base, complete with embedded Confirmation of Payee (CoP).
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UK capital of European fintech, despite four-year investment low
Tech EU, Posted February 18, 2025
UK fintech investment hit a four-year low in 2024, but the UK remains the capital of European fintech, a new report has found.
The KPMG Pulse of Fintech report found that UK fintech investment dropped to $9.9bn in 2024, which was down 27 per cent from $13.6bn in 2023. UK fintech investment in 2024 was at its lowest level since 2020 ($7.6bn), the report said.
Geopolitical uncertainty, high levels of inflation and the higher interest rate environment all contributed to more subdued levels of UK fintech investment, compared to the record highs in 2021.
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UK government reportedly considering plans to scrap the Payment Systems Regulator
Fintech Futures, Posted February 25, 2025
The UK government is reportedly mulling plans to scrap the Payment Systems Regulator (PSR) and merge its functions into the Financial Conduct Authority (FCA), according to a report by Sky News, citing sources with knowledge of the discussions.
While no final details have been confirmed, the report states that ministers and officials are set to reach a preliminary decision within weeks.
The PSR has been fully operational since 1 April 2015 and is responsible for overseeing the UK’s payment systems. The body seeks to ensure sector accessibility, security and transparency for consumers and businesses, and reports directly to parliament.
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UK Gov Digital Service tenders contract to embed open banking in Gov.UK Pay
Global Government Fintech, Posted February 20,2025
The UK’s Government Digital Service (GDS) has fired the starting-gun on a procurement exercise as it looks to realise an ambition – first aired more than 18 months ago – to embed open banking technology into its payments platform Gov.UK Pay.
Gov.UK Pay is a central service available to all public sector bodies across the UK – including government agencies, local authorities, National Health Service (NHS), police forces and further education colleges – to receive online payments. Currently used by 1,228 services across 440 organisations, it has processed about 100 million transactions with a combined value of £6.4 billion (just over $8bn) since 2016.
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USA
i2c to Help Clients Deploy Mastercard One Credential
PYMNTS, Posted February 26, 2025
Banking and payments technology provider i2c said Wednesday (Feb. 26) that it signed on to be one of the first issuing processing partners for the recently announced Mastercard One Credential, a single, digitally connected credential that allows consumers to select a payment option to use for each transaction.
With i2c’s global platform that includes debit, credit and buy now, pay later (BNPL), its clients will be able to deploy One Credential rapidly in any country, the company said in a press release.
Issuers that adopt Mastercard One Credential early will lead the way, i2c CEO and founder Amir Wain said in the release.
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BNY Teams With OpenAI to Bring ‘Transformational’ AI to Banking
PYMNTS, Posted February 26, 2025
OpenAI launched a multiyear agreement with BNY, the oldest bank in the United States.
The partnership gives BNY — formerly Bank of New York Mellon — access to OpenAI artificial intelligence tools like the company’s Deep Research in hopes of boosting the bank’s in-house AI platform, Eliza, The Wall Street Journal reported Wednesday (Feb. 26).
For its part, OpenAI hopes to glean insights into how its models do when carrying out complex tasks in real-world situations, according to the report.
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PayPal, Posted February 25, 2025
PayPal Holdings, Inc. (NASDAQ: PYPL) and J.P. Morgan Payments today announced the expansion of their strategic relationship. J.P. Morgan Payments plans to offer Fastlane by PayPal for its merchant clients in the UK and Europe. In addition, PayPal is planning to expand merchant acquiring to businesses across the UK and European markets by leveraging J.P. Morgan Payments’ industry leading Commerce Platform. This expansion will demonstrate how both companies are united in their mission to scale innovation and redefine the global digital commerce experience.
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Introducing PayPal Open: The Unified Payments and Growth Platform for Businesses of All Sizes
PayPal, Posted February 25, 2025
PayPal Holdings, Inc. (NASDAQ: PYPL) today announced its new merchant platform, PayPal Open, one platform for all businesses. Companies of all sizes, from small businesses to the world’s largest, most influential brands will be able to access PayPal Open to fuel commerce and help grow their business. By unifying all of PayPal’s merchant offerings under a single platform, businesses of all sizes will be able to discover and implement solutions based on their unique needs, as well as access PayPal’s global network of up to 400M active accounts, including more than 92M active Venmo customers.
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The 50 Hottest Fintech Startups In 2025
Forbes, Posted February 18, 2025
hit their lowest levels in years, the industry showed signs of recovery in 2024. Valuations for some of the biggest private fintechs like Stripe and Ramp ticked back up, and publicly traded players such as Affirm, Coinbase and Robinhood saw their stocks rise. That didn’t stop worldwide funding for private fintechs from continuing to slide–to $34 billion last year, down from $42 billion in 2023 and a record $144 billion in 2021, according to CB Insights.
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LatAm
OneKey Payments adopts Belvo’s Biometric Pix
Belvo’, Posted February 18, 2025
OneKey Payments, one of Brazil’s leading payment solution providers, is expanding its instant payment offerings with Belvo’s Biometric Pix. Already a Belvo client using Pix via Open Finance, OneKey is now adding this new feature to its portfolio, bringing greater security and convenience to its merchants and consumers.
Biometric Pix represents a significant leap in the instant payments experience. With this technology, users can authorize transactions quickly and securely using only their mobile device’s biometrics—eliminating the need for passwords or access to their banking app.
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Credibanco and Dock Launch Instant Payments Solution in Colombia
Fintech Finance News, Posted February 27, 2025
Dock and Credibanco have joined forces to support Bre-B, a new instant payments tool launched by Colombia’s Banco de la República to transform the Colombian payment system. Credibanco, recognized for creating electronic payments in Colombia, and Dock, a leader in banking and digital payments in Brazil and Pix participant, will serve as an intermediary for this innovative solution. Bre-B aims to transform the Colombian payment ecosystem by offering businesses, companies, and individuals safe, secure, and efficient transfers available 24 hours a day.
Launching in September 2025, the system will revolutionize transfers in Colombia with real-time payments, reducing transaction costs, eliminating waiting times, optimizing cash flow, and improving the overall payment experience. The use of keys and QR codes make the technology accessible to unbanked people and businesses while it adheres to the highest security standards, promoting innovation, financial inclusion and minimizing fraud.
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Brazilian SaaS startup Capim lands a $26.7M Series A
Tech Crunch, Posted February 26, 2025
Capim, a startup offering Brazilians the option to buy now, pay later (BNPL) for dental services, has raised $26.7 million in Series A funding, it tells TechCrunch exclusively.
Founded in July 2021 by Marcelo Lutz and Roberto Biselli, who serve as co-CEOs, São Paulo-based Capim describes itself as a vertical SaaS company specializing in the dental sector. It claims that its operating system helps dentists digitize and manage their clinics, and increase revenue.
One of the things Capim’s software does, for example, is help patients book appointments digitally at connected clinics. On the BNPL front, the company says this offering is less expensive than an alternative like a credit card.
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