Fintech 2024 Takeaways & 2025 Predictions: View From the Top

This month at The Fintech Occasions, we’re reflecting on the previous yr’s fintech highlights whereas waiting for what 2025 may maintain. We’ve engaged with fintech CEOs and business specialists to uncover key developments from 2024 and their insights on priorities for the approaching yr.

2024 was a yr of challenges and alternatives for fintech. In accordance with KPMG’s Pulse of Fintech, international funding declined to $51.9billion within the first half of the yr – the bottom six-month interval since 2020 –  highlighting the cautious method taken by buyers amid high-interest charges and geopolitical uncertainty.

Funds retained the lion’s share of funding, attracting $21.4billion globally, whereas regtech emerged as a uncommon space of development, surpassing its 2023 complete with $5.3billion within the first half alone. AI, too, continued to seize investor consideration for its potential to boost efficiencies and scale back prices, notably as corporations sought to stay aggressive in a high-cost setting.

Whereas funding developments confirmed restraint, the broader fintech business continued to adapt to altering priorities.

Collaboration between fintechs and conventional monetary establishments gained momentum, reflecting a shared want to handle regulatory complexities and meet altering shopper expectations. Throughout sectors, fintechs performed a significant position in bettering entry to monetary providers, supporting underserved communities, and fostering monetary resilience.

Nevertheless, important challenges stay, together with the continuing demand for sustainability-driven innovation and the crucial to handle dangers like information privateness and monetary crime.

As we shut the chapter on 2024, December gives an opportunity to look at the teachings discovered and methods that may drive fintech ahead.

All through the month, The Fintech Occasions will showcase unique insights from business leaders, highlighting the improvements, collaborations and options poised to form the yr forward in your ‘Views from the Prime’.