Аsia
UK-India FinTech corridor and AI platforms take center stage at GFF 2025
IBS Intelligence, Posted October 15, 2025
Attending the Global FinTech Fest (GFF) 2025 at Mumbai’s Jio World Centre was a vivid reminder that India is no longer just a FinTech adopter; it is a global FinTech influencer. Over three days, the event brought together over 100,000 participants from 75+ countries, including regulators, innovators, investors, and policymakers, showcasing India’s ambition to shape the future of finance at scale.
Indonesia unicorn Xendit tests Asian success with Latin America push
Business Times, Posted October 24, 2025
Xendit, one of South-east Asia’s largest digital payments companies, is expanding into Latin America as it seeks to replicate the success in its home region in other emerging markets – a test of whether its all-in-one payments infrastructure can find traction in a region still catching up in digital finance.
The Indonesian fintech unicorn plans to launch operations in Mexico and Colombia by the end of the year, followed by Chile, Argentina and Brazil in 2026, the company’s chief executive officer for Latin America Raymundo Guerrero said.
Riverchain Raises US$5M Series A to Bridge Construction Financing Gaps Across Asia
AsiaTechDaily, Posted October 23, 2025
Riverchain International Limited, a Hong Kong-based fintech company, has raised US$5 million in a Series A round led by Betatron Venture Group to expand its working capital solutions for the construction industry.
The funding will accelerate Riverchain’s regional expansion across Hong Kong and Southeast Asia while strengthening its origination, credit underwriting technology and distribution. Since 2024, Riverchain has provided more than US$100 million in financing for 115 construction projects, including Hong Kong’s Northern Metropolis and Kai Tak Sports Park.
The company’s goal is to make cash flow predictable for small and medium-sized subcontractors who often bear the financial burden of slow or inconsistent payments.
Europe
Crypto Exchange HTX Sued by UK for Unlawful Promotion of Assets
Bloomberg, Posted October 22, 2025
The UK’s finance watchdog sued several entities that form part of HTX, a digital asset exchange with links to Trump family cryptocurrency confidant Justin Sun.
The Financial Conduct Authority filed a financial and regulatory services lawsuit on Tuesday at London’s High Court — with no further details publicly available. The FCA previously warned potential customers against using the platform, formerly known as Huobi.
TrueLayer to acquire Zimpler, creating a European Pay by Bank powerhouse
TrueLayer, Posted October 21, 2025
TrueLayer, Europe’s leading Pay by Bank network, today announced that it has signed an agreement to acquire Zimpler, the fastest growing Pay by Bank network in the Nordics. The acquisition will bring together two of Europe’s most innovative Pay by Bank providers, further strengthening TrueLayer as a formidable force in the European payments industry.
This acquisition marks a pivotal moment in the evolution of Pay by Bank across Europe. By expanding TrueLayer’s pan-European network and deep expertise in payment technology with Zimpler’s strong position in the Nordic market, TrueLayer will be uniquely positioned to further accelerate the shift from legacy card payments to smarter, faster, and more secure payments via Pay by Bank.
Developing digital finance: EU member state regulators talk fintech innovation strategies
Global Government Fintech, Posted October 24, 2025
How can public policies and regulatory approaches contribute to the growth of countries’ fintech sectors?
Representatives from regulatory authorities in four European Union (EU) member states addressed this and other similar questions during a session titled ‘From vision to action – building a forward-looking fintech strategy and improving economic competitiveness’ at the Latvia Fintech Forum 2025.
The discussion, held in Riga on 30 September, featured representatives from Malta (the smallest EU member state by population), France (the second biggest by population) and Baltic neighbours Lithuania and Latvia.
Latvian fintech Eleving Group raises €275mn in oversubscribed bond issue
Intellinews, Posted October 20, 2025
Eleving Group, the international Riga-based fintech listed on the Frankfurt and Baltic stock exchanges, has raised €275mn through a public bond issue that drew almost twice as much investor demand as the company sought, the company said in a statement.
The proceeds will be used to refinance €150mn in existing bonds and to expand its loan portfolio, the company said.
“We are truly delighted with the strong interest and confidence shown in Eleving Group by both private and institutional investors,” said CEO Modestas Sudnius.
USA
Bizcap acquires US fintech firm
Broker Daily, Posted October 23, 2025
Non-bank lender Bizcap has announced its acquisition of a US-based fintech firm, which will enhance processes to empower small businesses.
Bizcap, along with its US affiliate NewCo Capital Group, has acquired fintech firm 8fig to enhance its processes, enabling SMEs to access smarter and faster funding solutions.
Founded in 2020, 8fig has allowed small businesses to plan, forecast, and scale with ease with its “AI CFO” technology.
Pave Bank Raises US$39 Million to Scale Programmable Banking Platform
Fintech News, Posted October 23, 2025
Pave Bank announced that it has raised US$39 million in a funding round led by Accel. This latest raise brings the company’s total capital to over US$44 million.
The round also drew participation from Tether Investments, Quona Capital, Wintermute, Helios Digital Ventures, Financial Technology Partners, Yolo Investments, Kazea Fund and GC&H Investments.
The bank previously secured US$5.2 million in seed funding in December 2023, led by 468 Capital with participation from Quona Capital, FT Partners, BR Capital, W3.fund, Daedalus and several angel investors.
Google and World Bank partner to drive digital access with AI
IBS Intelligence, Posted October 24, 2025
Google has partnered with the World Bank Group to accelerate digital transformation across emerging markets by building AI-powered public digital infrastructure. This initiative aims to enable citizens to access essential services through interoperable, future-ready networks.
At the heart of the partnership is the deployment of Open Network Stacks robust digital frameworks that allow governments to rapidly create interconnected networks across critical sectors such as agriculture, healthcare, and skills development. By leveraging Google Cloud’s advanced AI capabilities, including its Gemini models, alongside the World Bank Group’s development expertise, the initiative ensures citizens can engage with AI-driven services in over 40 languages, even via basic devices.
LatAm
Mexico’s Plata Raises $250 Million at $3.1 Billion Valuation
Bloomberg, Posted October 16, 2025
Mexico-based Plata raised $250 million through a new equity funding round valuing the company at $3.1 billion, as the fintech seeks to expand its business and transition into a full-fledged bank.
The transaction followed a $160 million capital raise earlier this year, making it one of the largest amounts for a fintech in Latin America in 2025. Investors included Kora, Moore Strategic Ventures LLC and TelevisaUnivision, the company said in a statement.
Littlepay launches Mexico’s first open loop payments project in the historic Mexican city of Merida
ICM Posted October 10, 2025
Since the end of April 2025, Littlepay has been quietly powering contactless payment services in Mérida, Mexico. This rollout means that riders across the city can now simply tap and pay for their journeys using their bank card or a mobile wallet.
Managed by the State of Yutacan, the new fare collection service, “Va y Ven” (“Come & Go”), renews the fare collection process across Agencia Transporte Yucatan’s 915 buses and BRT’s, with the opportunity to scale up to the entire Yucatan state across other modes, such as intercity vans, taxis and bikes.
dLocal partners with Alchemy Pay to streamline crypto-to-fiat payments in Latin America
dLocal, Posted October 22, 2025
dLocal (NASDAQ: DLO) , the leading payment platform connecting global merchants to emerging markets, today announced a partnership with Alchemy Pay , a payment gateway that seamlessly connects crypto with traditional fiat currencies. The collaboration leverages dLocal’s local payment infrastructure to support Alchemy Pay’s expansion in Latin America, starting with instant bank transfers in Argentina.
The crypto industry faces significant hurdles in bridging the gap between digital assets and traditional financial systems, especially in emerging markets. Users often encounter slow transaction times, high fees, and complex processes when trying to purchase cryptocurrency with local fiat currency. The global average cost of a cross-border transaction is over 6% , a figure that highlights the inefficiencies present in legacy payment rails.This friction creates a significant barrier to entry for users and hinders broader adoption and growth across the entire crypto and fiat payment ecosystem.
dLocal enables instant transfers via Colombia’s Bre-B platform
IBS Intelligence, Posted October 17, 2025
dLocal has integrated Bre-B, Colombia’s new national real-time payments platform developed by Banco de la República. This marks a significant milestone in the country’s financial modernisation journey, enabling seamless, always-on digital payments that connect banks, wallets and consumers across the nation. Through this launch, dLocal strengthens its position as a leading facilitator of digital commerce in emerging markets and reaffirms its commitment to driving financial inclusion through technology.
Brazil drives Latin America’s digital commerce transformation
IBS Intelligence, Posted October 14, 2025
Brazil has emerged as the engine of Latin America’s eCommerce growth, driving nearly half of the region’s expansion. Its vibrant FinTech ecosystem, supported by regulators and banks, has made it a focal point for innovation that reverberates across LATAM. At the heart of this transformation is PIX, Brazil’s instant payments system, which has showcased how quickly innovation can scale when key stakeholders align.
Juspay Integrates Mastercard’s Click to Pay in Brazil, Bringing Faster, Safer One-Click Checkouts to Millions of Consumers
Fintech Finance News, Posted October 24, 2025
Juspay, a global leader in payment infrastructure solutions for enterprises and banks, has partnered with Mastercard to integrate Click to Pay in Brazil, enabling seamless online card payments with just a single click. The feature is now available for ~129 million Mastercard users in Brazil, and comes at a key time for Brazil’s rapidly-evolving payments industry, driven by the rise of digital transactions and the 7% growth of e-commerce in the first half of 2025 alone.
The collaboration is a part of Juspay’s mission to simplify digital payments for consumers, while helping merchants drive higher conversions and reduce cart abandonment – which at present exceeds 80% in Brazil’s e-commerce market. The launch marks an important milestone in the company’s journey to strengthen its footprint throughout Latin America.
