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A new study from Juniper Research has found that total spend via digital wallets will exceed $10 trillion in 2025, up from $5.5 trillion in 2020. The research found this dramatic 83% growth in spend will be fuelled by the heightened adoption of digital payments during the pandemic. Digital wallets, where payment details are stored and accessed via a single application, have proven themselves as being both convenient and secure during this difficult period; acting as a platform for future growth.

The fintech VC spigot continues to burst, with all five deals in our listing this week, again continuing to exceed $100M. This seems to be an ongoing trend for the sector, as the money continues to flow.

This week, we had some MAMMOTH deals in VC in the fintech sector, with three of the five based in the US, and the other two in London and Vietnam. Also, this week saw some VERY big funding rounds. If this is indicative of what 2021 holds in the fintech VC arena, now that we are officially back at work post-holiday season, we're in for some whopper deals. I wouldn't be surprised if we something at $1B or more at this point.

Fintech venture deals surged in the first and second weeks of January, with several mega-deals occurring in the US offshore. India, Germany and the Philippines each saw deals closing in excess of $100M USD within the fintech sector and two US deals rounded out the top 5 for this past week.

With the holidays, closings of deals the last week were a little "shy" but we did see activity the week leading up to Christmas, and since we did a 2020 trend piece on the fintech venture sector last week, we thought we'd reach back a little further than usual for this week's "weekly" report.

Friends, this is our third and final installment of our "mini-series" on digital wealth predictions for 2021 from the top fintech minds in the industry. We had so many responses this year that we broke this apart into 3 separate installments and this will be our final one.

We thought it would be interesting to see which stories have had the highest pageviews to date in our scant 3 month history. Interestingly, 3 of the 5 top posts fell under our "Fintech Luminaries" series, which spotlights C-level executives at leading financial technology firms.

Last week we launched a "mini-series" on digital wealth predictions for 2021 from the top fintech minds in...

Yesterday (12/28) around 1pm ET, the digital currencies app Voyager Digital went offline and has remained unavailable to customers for trades, etc. through Thursday morning.

We ALL love predictions, don't we, especially when we look to what the future might look like for the coming year. And given that 2020 has been a PRETTY "interesting" year, there's no shortage of individuals ready to kiss this year good-bye and get back to the business of "normal", not "new normal", for 2021. We've asked a number of our industry friends to comment. In prior years, it's been like pulling teeth to get these responses back on time. Ahhh, the life of an editor! But THIS year - this year - has been a breeze. So much so, that we have to break this feature apart over 2-3 weeks in order to include all the quotes we received.