Big Changes are Coming and Will Shake The FinTech.

What we’ll cover today:

🚀 Big Changes are Coming to FinTech.

💸 eCommerce Fraud to Exceed $107 Billion in 2029

💬 The Future of Fintech- Experts Debate

🔗 The Event Roundup 

Big Changes are Coming to FinTech.

Blockchain will make bank transactions faster, safer, and smarter.

2025 will bring tighter regulations, pushing financial institutions to evolve or fall behind.

AI will fight fraud and offer personalized banking experiences.

Open Banking is expanding into Open Finance and Open Payments, connecting everything from investments to insurance.

Here’s what’s coming:

• Blockchain will power more secure and transparent transactions.

• New regulations like DORA and Rule 1033 will increase compliance demands.

• AI will revolutionize fraud detection and customer personalization.

• Open Finance will streamline data sharing and payments.

These trends will reshape how you bank, invest, and manage money!

Here’s the whole article

1. eCommerce Fraud to Exceed $107 Billion in 2029

A new study from Juniper Research, experts in fintech and payment markets, has revealed the value of e-commerce fraud will rise from $44.3 billion in 2024 to $107 billion in 2029, a growth of 141%.

The study found that AI is fueling the sophistication of attacks across the eCommerce ecosystem, with deep fakes created using AI to defeat verification systems being a key threat.

Here’s the Tweet

2. The Future of Fintech- Experts Debate.

Taking a global perspective, Takahisa Ohira explained the importance of strategic partnerships. Reflecting on his experiences of working with over 200 startups in Japan. Ohira said, "business alliances are crucial to scalability”. “The Indian fintech industry can learn a great deal from Japan in this respect, and there is considerable potential for collaboration between both countries,” he said.

Here’s the Article

1. FinTech funding surpasses $1bn on strong week for the sector

This week’s overall FinTech funding surpassed $1bn as the sector continued its forward momentum.

Overall, 21 deals took place over the past seven days, with AI-PayTech Zepz's $267 m tranche claiming the plaudits for this past week.

2. Nigerian Fintech Okra Launches Cloud Unit to Boost Revenue

Nigerian fintech startup Okra has entered the cloud infrastructure market in West Africa with its new subsidiary, Nebula. The move aims to diversify revenue and mitigate economic risks. 

Nebula offers a more affordable alternative to global cloud providers and aligns with the government’s push for local cloud adoption. Okra hopes Nebula will contribute to its financial stability despite facing challenges.

3. Amazon-Backed Fintech Startup ToneTag In Talks To Raise $50 Mn

ToneTag is in early-stage discussions with Iron Pillar to raise at least $50 Mn in a mix of primary and secondary share sale

The transaction is expected to see the startup’s valuation more than double from its last valuation of $100M.