The 2025 fintech funding landscape showed mixed signals, with investors prioritizing profitability. Global fintech funding in Q3 2025 stood at $10.9B, flat from Q2, but notably, 40% came from mega-rounds. AI-enabled fintechs captured a significant 23% of all global funding, marking a two-year high. Wealthtech funding reached $4.2B year-to-date, on track to double 2024 totals. However, H1 2025 global fintech investment hit a low of $44.7B across 2,216 deals, the lowest since H1 2020. Major funding rounds included Kraken's $800M at a $20B valuation as it filed for a US IPO, Ramp's $500M Series E, and AppZen's $180M Series D. M&A activity surged with 249 deals in Q3, the most in over three years, as corporates divested non-core assets. Lloyds Banking Group acquired Curve, signaling expansion in mobile payments, and digital asset investments are surging globally, alongside mid and late-stage deals accounting for 22% of total activity.