Fintech’s Second Act - Issue #562 Thursday, August 21st 2025 12:00AM

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The Focus

The most interesting thing about fintech right now isn’t another record quarter. It’s the fact that companies like Klarna and Nayax are finally showing us what comes after the sprint.

Klarna quietly turned that page — five straight profitable quarters while still adding millions of users and merchants. Nayax, meanwhile, is building dependable revenue from sectors once considered niche, like unattended payments and embedded financing.

What stands out is the hint of a mindset shift: fintechs are pacing themselves. They’re learning that durability can be as disruptive as speed. The old playbook of “growth at all costs” is giving way to something sturdier, where recurring revenue, responsible lending, and even consumer repayment habits become competitive advantages.

This isn’t the death of ambition. It’s ambition maturing. And for an industry often accused of chasing hype cycles, that evolution may be the most radical move yet.

Read more:

Nayax Reports Strong Second Quarter 2025 Results With Double-Digit Revenue Growth

Klarna Posts Fifth Straight Quarter of Profit, Q2 Revenue Climbs to $823 Million

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