Fintech · Industry brief
Top three stories shaping Fintech today, written for someone who already works in the industry: regulation, M&A, new entrants, notable filings, and any precedent worth pulling. Cite the trade publication (e.g. trade press, government source, court docket) directly so I can follow up.
← See today's latestScaled fintech leads M&A; JP Morgan fined; regulatory mood shifts
Scaled fintech dominates M&A
Mature fintech companies just became the deal engine.
Scaled fintech platforms led all fintech M&A in 2025 for only the second time on record, with deal counts climbing to 659 transactions—a 4.4x jump since 2015 and now representing 47% of all activity [Quelle: Greenwich Capital Group]. Incumbent financial institutions' share fell to a record-low 42%. Secondary market volume surged 3.7x to $864 million concentrated among just 10 companies, signaling a structural liquidity mechanism rather than temporary bridge capital for over 20,000 pre-2017 startups still awaiting exits.
AI adoption is now dividing winners from new entrants.
JP Morgan fined for surveillance gaps
JP Morgan Chase paid $348 million for trade-surveillance failures.
The fine addresses systematic gaps in the bank's surveillance programme, a recurring weak point in JPM's compliance posture [Quelle: FinTech Futures]. Regulators continue to target surveillance infrastructure across the industry, particularly as trading volumes spike and cross-border flows grow harder to monitor.
Watch for similar enforcement actions against competitors this quarter.
MoonPay acquires North Capital
MoonPay is moving into private markets.
The crypto-payment platform is acquiring North Capital, a private-markets infrastructure play, consolidating consumer and institutional rails under one licence [Quelle: FinTech Futures]. The deal signals fintech's pivot toward regulated secondary-market flows and the bundling of consumer and pro services into unified platforms.
Expect more vertical integration plays in the asset-management stack.
JP Morgan Chase hit with $348m in fines related to its trade ...13 hours ago ... Bastion - FinTech News. Stablecoin provider Bastion lands conditional OCC trust bank approval. by Cameron Emanuel-Burns. Sep 22, 2026 · Regulatory Actions ...fintechfutures.com
MoonPay to acquire private markets platform North Capital12 hours ago ... The company's technology supports asset management, clearing, custody, capital raising, and secondary trading for exempt securities, including tokenised ...fintechfutures.com
FinTech Market Update: H1 2026 - Greenwich Capital Group6 hours ago ... H1 2026 · For just the second time on record, Scaled FinTech – not incumbent banks and financial institutions – led FinTech M&A in 2025. · AI is raising the floor ...greenwichgp.com