Last Updated on 10/10/2025
Fintech trends are shaping the future of the finance industry, and the global fintech mobile app market is expected to reach a value of $305 billion by 2025. This represents a significant increase compared to 2010, when the market value was only $11 million.
This difference has created excitement among young fintech startups and developers building software for them. Top fintech speakers also highlight these changes and share insights into the industry’s growth.
Today, many fintech apps are already a hit in the market. However, several new trends are being introduced rapidly, making the competition more challenging.
Today, in this blog, we’ll discuss some emerging trends in the fintech industry. But before that, let’s learn a bit about Fintech.
What is Fintech?
Fintech, as the name suggests, is the combination of finance and technology. The fintech industry encompasses all software, technology, or applications that utilize technology to facilitate finance in various forms. Fintech apps are used for multiple functions.
Fintech apps are utilized for various functions, covering loan servicing platforms, digital wallets, payment processing systems, and more.
This includes cross-platform integrations, biometric authentication, analytics and data visualization, multiple payment gateways, multi-user collaboration, and the integration of solutions such as an Athlete Management System for tracking the financial aspects of sports management.
9 FinTech Trends for 2025 and Beyond
Fintech software development services can give you the best outcomes only if you use the latest fintech trends, so here are some of the major ones:
a. Embedded Finance
As the name indicates, embedded finance integrates financial solutions like insurance, lending, and payment processing into existing non-financial apps and OS. The search volume related to the word’embedded finance’ has increased.
This is because organizations are gradually discovering the advantages of the digital revolution of fintech systems.
Businesses should be conscious of the precise types of embedded finance. Exploding Topics’ report indicates that the embedded fintech market is estimated at $63.2 billion and is projected to grow to over $248 billion by 2032.
b. Neo Banks
A neobank is a type of digital bank that operates exclusively online and does not utilize traditional banking networks.
A neobank is a new-generation bank that operates without physical branches and is purely Internet-based. Such banks offer mobile-led financial services for payments, remittances, credit, etc.
In addition, these banks enable users to deposit funds, withdraw cash, and offer loans and lending services. This implies that the services are essentially the same as those provided by traditional banks.
Supermarkets would greatly help neo-banks, but obtaining banking services is not possible because they all lack a banking license, making standalone operations impossible.
c. Regtech Solutions
Regtech solutions are a subset of fintech solutions that utilize technology to streamline various regulatory processes. The primary functions of such solutions are to monitor, report, and enforce regulations.
RegTech primarily focuses on the technological control of regulatory processes, particularly in the financial sector. Such processes may take various forms, including regulatory monitoring, compliance, and reporting.
RegTech encompasses organizations that provide regulatory compliance services to businesses using cloud computing technology through software. This, however, is referred to as regulatory technology.
d. Robotic Process Automation
RPA stands for Robotic Process Automation. Today, RPA is improving operational performance. It involves using software programs to perform specific human actions, such as navigating through systems, retrieving and manipulating data, and carrying out routine functions.
It offers high-cost benefits and high efficiency compared to traditional methods. For example, finance teams can automate the generation of performa invoices alongside reconciliation processes, reducing manual workload significantly. In the past few years, RPA has grown at a rate of 63% and has become an indispensable asset for organizations seeking to improve their workflows and reduce operational costs.
e. CBDCs
Central bank digital currencies, or CBDCs, refer to the digital forms of a country’s fiat currency that are issued and regulated by the central bank of that respective country.
CBDCs, unlike the often expensive and unstable assets that are cryptocurrencies, are very stable and are now gaining popularity as the best means of making payments, even online.
For enterprises, CBDCs can serve as a fast, safe, and compliant payment method, thereby mitigating the risks associated with virtual currencies while facilitating efficient and swift global payments.
f. Buy Now, Pay Later (BNPL)
Buy Now, Pay Later (BNPL) is a financing option that enables consumers to purchase an item and repay it over multiple smaller installments. However, BNPL services are typically more user-friendly and easier to avail of than other credit products, owing to the very low or zero interest rates applicable to them.
The BNPL sector, however, has expanded rapidly, reaching a market size of $ 120 billion in just two years. This growth curve presents new opportunities for businesses to enhance sales and customer satisfaction through flexible payment options.
g. Digital Identity Verification
With the advent of technology, biometric recognition systems, multiple levels of identification, and encryption, digital identity verification has become a foundational aspect of the security of financial institutions and businesses. These measures help prevent fraud, hacking, and trespassing, and thus can be employed to secure monetary transactions.
Managing a digital identity is secure and less of a hassle than using physical identification cards. As a result, businesses can protect risk-prone client data without compromising the quality of service they offer. By utilizing advanced identity verification tools, companies can ensure that client information is accurately verified and safeguarded, further enhancing both security and efficiency.
h. Artificial Intelligence
This application of artificial intelligence differs from what we are familiar with. It involves the transformation of the finance industry, characterized by end-to-end automation processes, enhanced service provision to customers, and the centralization of information across all processes.
AI technologies come in various forms, including intelligent virtual assistants, fraud detection platforms, and analytical systems. AI-driven financial tools can also be used to calculate APY (Annual Percentage Yield) more accurately, helping users evaluate the true earning potential of savings accounts, investments, or lending offers.
Utilize these straightforward measures to reduce unnecessary expenses and save hundreds of dollars daily for emerging Decacorn businesses. As a consequence, AI expectations have increased, leading to more development within the industry, which is reflected in the changes that have been observed.
Key Takeaways on Fintech Trends
Present-day society has placed financial technology, or fintech, as one of the most significant and expanding areas of interest.
Current trends in software development and financial solutions, such as neo-banks, RPA, AI, and even digital ID verification systems, are spearheading the way, changing how businesses and consumers connect with payment systems.
Companies wishing to survive in this fast-moving environment are required to monitor these and ensure they are always ahead of the competition.
When it comes down to implementing specific businessmen’s ideas into a custom-made fintech software solution, ScalaCode is the safe choice.
You can hire software developers from us, as we are recognized for providing high-quality Fintech App Development Services.
If you’re looking for a trustworthy ally to bring your fintech dream to life, ScalaCode has the skills and attitude to make it happen.
