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rewrite this title Fintech Rundown: A Rapid Review of Weekly News – Finovate

David Penn by David Penn
August 11, 2025
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rewrite this title Fintech Rundown: A Rapid Review of Weekly News – Finovate
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Over the weekend we learned that fintech investment in the UK reached $7.2 billion in the first half of 2025. That figure is down slightly from last year’s total of $7.6 billion, according to KPMG’s Pulse of Fintech report. Meanwhile, here in the US, President Trump has signed an executive order enabling investors to buy alternative assets, including cryptocurrencies, for their 401(k) retirement savings plans.

Be sure to check back for more fintech news headlines all week long here at Finovate’s Fintech Rundown!

Digital banking

New Zealand-based Co-operative Bank partners with 10x Banking for core replacement.

Lending

Finastra inks collaboration with NTT Data, extending its Lending Cloud Service.

Payments

Payments processor Silverflow teams up with fintech provider payabl. to upgrade its payments infrastructure.

TransferMate secures in-principle approval from the Monetary Authority of Singapore (MAS) to add payment services.

Global payroll and financial platform Ontop partners with Thunes to offer real-time wage access.

Payments company Nayax embeds its payment technology into 100,000 Autel Energy EV chargers in North America and Europe.

Crypto and Defi

Digital asset platform Zodia Markets raises more than $18 million in Series A funding.

E-commerce

Klarna unveils new enablement via the Stripe for WooCommerce integration.

Financial wellness

Jack Henry and Array team up to launch new Banno Digital Banking Platform capability, MyFinancialHealth.

Fraud prevention

Sidney Federal Credit Union deploys Illuma’s IllumaSHIELD voice authentication and caller fraud prevention solution.

Photo by Alexandre Chambon on Unsplash


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