As the new year kicks off, Laurent Descout, co-founder and CEO of Neo, analyses the fintech trends that dominated 202 and looks at how they will play out in 2025.

Throughout 2024, fintechs continued to disrupt traditional financial services, with new technologies continuing to advance analytic capabilities, manage risk and change viewpoints within the financial industry.  

Learn the most effective strategies to overcome the macro-economic uncertainty, new regulations, and changing data streams for Credit Risk Modelling in 2025.

Fundraise Up, a premier fundraising platform for nonprofits globally, today announced a minority growth investment led by Summit Partners with participation from existing investor Telescope Partners. The new funding reinforces Fundraise Up’s leadership position in the nonprofit technology sector and will support the company’s commitment to expand product offerings, accelerate global market reach, and provide innovative, AI-powered solutions purpose-built to unlock the fundraising potential and impact of nonprofit organizations.

Tapline has successfully raised €20 million in a pre-Series A funding round, comprising both equity and debt. This milestone marks a significant step forward for the company as it scales its operations, enhances its innovative platform, and strengthens its support for SaaS businesses across Europe.

NettyWorth, the first AI-powered loan protocol for NFTs and Real-World Assets (RWAs), is reshaping decentralized lending with its official launch, achieving $124M in connected wallet value.

Alchemy Pay, the world-leading fiat-crypto payment gateway, has partnered with Mantle Network, an innovative Ethereum Layer 2 solution known for its modular architecture and its position as the first adopter of EigenLayer's EigenDA technology, to offer seamless on-ramp support for Mantle's native token, $MNT. Through this partnership, Alchemy Pay enables users to acquire $MNT using local fiat currencies and regular fiat payment methods, now available in over 173 countries and supporting more than 50 fiat currencies.

PayCaptain – a cloud-based payroll software solution – has shared updates of its 2024 performance and goals for the year ahead.

Founded in March 2020, PayCaptain now services 150 customers with 30,000 employees being paid every month. 2024 saw annual recurring revenues figures hit £2M. Based on PayCaptain’s high retention rate and engaged pipeline the business is set to achieve £3M annual recurring revenue and continued EBITDA growth in 2025.

Central 1 Credit Union (Central 1) and Intellect Design Arena Ltd. (Intellect) today announced the signing of an agreement in which Intellect will assume responsibility for Central 1’s digital banking operations, following Central 1’s decision to wind down its digital banking offerings, announced in October 2024.

Five years after launching its first product in Mexico, Nu  announced today that it has reached 10 million customers in the country, doubling its customer base over the past 12 months. Since entering the market, the local portfolio expanded from a credit card to savings account with Cajitas (Money Boxes), a debit card, as well as personal loans, transforming the lives of nearly 12% of the adult Mexican population.