Welcome to our February 2025 Fintech News Digest! This month has been packed with exciting developments in the fintech world, from groundbreaking funding rounds and innovative partnerships to regulatory advancements and global expansions. In this blog, we’ve rounded up the top fintech stories from the United Kingdom, the Philippines, the ANZ region, and key global highlights. Whether you’re a fintech enthusiast, an investor, or a professional in the financial services sector, this digest will keep you updated on the latest trends and movements shaping the industry.
UK fintech investment fell to $9.9 billion in 2024, a 27% drop from $13.6 billion in 2023, marking a four-year low. Despite the decline, the UK remains Europe’s fintech leader, outperforming France, Germany, and others (KPMG).
NatWest announced five start-ups for its inaugural Fintech Growth Programme, aiming to foster innovation in banking and payments through workshops and mentoring (Fintech Futures).
James Radford, former CEO of Revolut UK, has been appointed CEO of Volopa to lead the fintech incubator Quantum Group’s growth plans (Fintech Futures).
The Bangko Sentral ng Pilipinas (BSP) formed the Financial Cyber Resilience Governance Council to enhance cybersecurity collaboration within the financial sector (Fintech Alliance PH).
GCashWatch Pay will be coming to a lot of Huawei's wearable devices, such as their smartwatches and also, their fitness trackers. This streamlines the payment process, eliminating the need to reach for a phone or physical wallet (Fintech News PH).
Rakuten Viber plans to launch its Viber Pay digital wallet in the Philippines in late2025, with over a million users already on the waitlist. The wallet will integrate payments directly into the messaging app, streamlining transactions without switching platforms (Fintech News PH).
Nium integrated with Australia’s New Payments Platform (NPP), enabling instant cross-border payments to Australian accounts and PayIDs, enhancing transaction speed and reducing costs (Fintech News SG).
The New South Wales Government extended its transaction banking partnership with ANZ Bank, supporting $216 billion in annual transactions and advancing digital transformation efforts (ANZ Bank).
US-based Shift4 signed a $2.5 billion deal to acquire Global Blue, expanding its global tax-free shopping and payment solutions network (Fintech Futures).
Healthcare payments firm Waystar launched an $800 million public offering to scale its operations globally (Fintech Global).
CredCore secured $16 million in Series A funding to enhance its AI-driven credit investment platform for lenders and borrowers worldwide (Fintech Global).
HSBC agreed to sell its retail banking operations in Bahrain to BBK as part of its strategy to streamline global operations (Fintech Futures).
As February comes to a close, it’s clear that fintech continues to evolve at a rapid pace across the globe. From major funding milestones to regulatory initiatives and groundbreaking innovations, these stories underscore the dynamic nature of the industry. Stay tuned for next month’s digest as we continue to track the trends and news shaping the future of financial technology. Don’t forget to subscribe to our blog for regular updates and insights into the world of fintech!
Image from Freepik.
