Fintech Insider Podcast by 11:FS

985. News: UAE surpasses UK in fintech funding, PayPal enables crypto payments, and Wise moves closer to US listing

Aug 4, 2025
Sophie Gibbard, a strategic sparring partner for B2B fintech founders, and Mike Carter, a senior policy advisor at Innovate Finance, dive into the booming fintech landscape. They discuss the UAE's impressive leap in global fintech funding, surpassing the UK. PayPal's new 'Pay with Crypto' feature and Wise's potential US listing are hot topics, highlighting the evolution of digital finance. Plus, they touch on the surge in Australians using mobile wallets and Revolut's new financial services for teens, emphasizing innovation in financial independence.
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INSIGHT

UAE's Fintech Rise Explained

  • The UAE's surge in fintech investment largely stems from a $2 billion Binance deal.
  • The region’s regulatory support and infrastructure development position it for sustained growth.
ADVICE

UK Fintech Needs Purposeful Innovation

  • The UK must innovate with purpose and not lose focus on customers.
  • Strengthen investment attraction, including pension fund involvement, to regain fintech competitiveness.
INSIGHT

PayPal's Crypto Payments Shift

  • PayPal's 'Pay with Crypto' marks a shift from crypto as an asset to a payment method.
  • Adoption depends on merchant acceptance and will gradually increase crypto’s mainstream use.
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