{"id":568756,"date":"2025-06-20T06:51:40","date_gmt":"2025-06-20T05:51:40","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=568756"},"modified":"2025-06-20T06:51:40","modified_gmt":"2025-06-20T05:51:40","slug":"the-weekly-wrap-all-you-need-to-know-by-friday-cob-june-20th","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/the-weekly-wrap-all-you-need-to-know-by-friday-cob-june-20th\/","title":{"rendered":"The Weekly Wrap: all you need to know by Friday COB | June 20th"},"content":{"rendered":"<p><em><span id=\"speechify-first-word-listening-nudge-2\"><span id=\"speechify-first-word-listening-nudge-4\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-524473 aligncenter\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/Weekly-Wrapup_450x300_V02-300x200.jpg\" alt=\"The Weekly Wrap\" width=\"300\" height=\"200\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/Weekly-Wrapup_450x300_V02-300x200.jpg 300w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/11\/Weekly-Wrapup_450x300_V02.jpg 450w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/span><\/span><\/em><\/p>\n<p><em><span id=\"speechify-first-word-listening-nudge-2\"><span id=\"speechify-first-word-listening-nudge-4\">The Weekly Wrap<\/span><\/span>\u00a0is published every Friday and recaps the week\u2019s main stories and deals, as well as upcoming events and announce<\/em><em>ments for Prime subscribers only.<\/em><\/p>\n<h4>The Big Story<\/h4>\n<p>India&#8217;s FinTech sector is poised for a major leap, with Finance Minister Nirmala Sitharaman projecting its market size to surge from around $110 billion to over $400 billion by 2028-29, marking an annual growth rate of more than 30%. Speaking at the 2025 Digital Payments Awards in New Delhi, she urged the industry to keep innovating with a focus on people-centric solutions.<\/p>\n<p>India already leads the world in real-time digital transactions and boasts a FinTech adoption rate of 87%, far above the global average. Sitharaman emphasised that Indian FinTech innovations could serve as global public goods, supporting both developed and emerging economies. She also noted the growing global footprint of UPI, now accepted in seven countries, and cited the World Bank\u2019s recognition of India\u2019s rapid financial inclusion, achieved through its Digital Public Infrastructure.<\/p>\n<h4 data-speechify-salience-highlight=\"true\" data-speechify-salience-no-background=\"true\">Deals of the week<\/h4>\n<ul>\n<li>Payrails raises <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/payrails-raises-32m-series-a-to-help-global-enterprises-maximise-payment-performance\/\">$32m<\/a> Series A to help global enterprises maximise payment performance<\/li>\n<li>FinVolution to raise <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/finvolution-to-raise-130m-to-grow-its-global-business\/\">$130m<\/a> to grow its global business<\/li>\n<li>DisrupTech <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/disruptech-invests-in-nigerias-winich-farms-to-boost-agri-fintech-growth\/\">invests<\/a> in Nigeria\u2019s Winich Farms to boost Agri-FinTech growth<\/li>\n<li>Saswat Finance raises <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/saswat-finance-raises-2-6m-to-scale-tech-led-rural-financial-services\/\">$2.6m<\/a> to scale tech-led rural financial services<\/li>\n<li>Happy Money lands <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/happy-money-lands-500m-loan-deal-with-fortress-edge-focus\/\">$500m<\/a> loan deal with Fortress, Edge Focus<\/li>\n<li>Vista Bank<a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/vista-bank-taps-sbs-to-modernise-core-banking-expand-microfinance-in-africa\/\"> taps<\/a> SBS to modernise Core Banking, expand microfinance in Africa<\/li>\n<li>Aspora raises <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/aspora-raises-93m-to-simplify-banking-for-global-indians\/\">$93m<\/a> to simplify banking for global Indians<\/li>\n<li>Peymo <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/peymo-launches-ai-driven-hybrid-banking-platform-to-unify-finance-tools\/\">launches<\/a> AI-driven hybrid banking platform to unify finance tools<\/li>\n<\/ul>\n<h4>Be on the lookout for<\/h4>\n<p>The <strong>&#8220;Building a Future-Ready Bank&#8221;<\/strong> <a href=\"https:\/\/cedaribsi.events\/event\/building-a-future-ready-bank-singapore-august-2025\/\">summit<\/a>, scheduled for <strong>August 7, 2025, in Singapore<\/strong>, is a flagship event by Cedar-IBSi aimed at accelerating the transformation of the banking sector. This high-level gathering will bring together senior banking executives, FinTech leaders, and technology innovators to explore how banks can evolve into agile, customer-centric, and digitally empowered institutions.<\/p>\n<p>The event will focus on critical themes, including coreless banking, cloud adoption, open banking ecosystems, and the integration of AI and data analytics. The timing of the summit is especially relevant as banks worldwide face mounting pressure to modernise legacy systems and respond to rapidly shifting customer expectations and regulatory landscapes. By fostering dialogue and collaboration, the summit aims to equip financial institutions with the tools and insights necessary to thrive in a future characterised by innovation and resilience.<\/p>\n","protected":false},"author":35621,"featured_media":554769,"parent":0,"template":"","categories":[11395],"tags":[12663,11868,22204,12472,48526,19241,11406,11416],"class_list":["post-568756","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","tag-ai","tag-america","tag-deals-of-the-week","tag-financial-inclusion","tag-fintech-event-2025","tag-the-weekly-wrap","tag-uk","tag-usa"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Weekly Wrap: all you need to know by Friday COB | June 20th<\/title>\n<meta name=\"description\" content=\"India&#039;s FinTech sector is poised for a major leap, with Finance Minister Nirmala Sitharaman projecting its market size to surge from\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/the-weekly-wrap-all-you-need-to-know-by-friday-cob-june-20th\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Weekly Wrap: all you need to know by Friday COB | June 20th\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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