Regulation, deals and crypto: Fintech themes to watch in 2025
The clouds that hung over the financial-technology industry in 2024 appear to be clearing as interest-rate cuts, recoveries in fintech stocks and promises of a looser regulatory environment in the second Trump administration paint a more promising outlook for startups. After capturing a windfall of investment during the period that followed the Covid-19 pandemic, the fintech industry’s vast crop of startups across payments, lending, consumer banking and other categories faced a challenging adjustment period. As venture funding dried up, some fintechs cut their spending through layoffs and more-focused product strategies. Others with significant war chests held onto valuations that now appear to have been inflated during the frenzied…
