It’s a rough welcome back to school for markets as a global bond rout is now weighing on stocks. Behind the sinking feelings are budget woes in the US and several EU countries, combined with expensive government debt and outsize deficits. Add to that a blow to President Trump’s trade push as a federal appeals court ruled the administration’s tariffs illegal means less money in the coffers — making the budget math incredibly sticky, and worrying Wall Street.
While they’re certainly affected by these acute concerns and their long-term implications, many fintech players are sticking to long-term, market-be-damned visions for their startups. So too are some VCs and capital providers; accepting elongated paths to an exit in exchange for, in their view, greater ROI.
Today we take a look back at Fintech Summer 2025 with a few of our most memorable features: founders and investors taking the long view, hoping their businesses and portcos can stay in the eye of the storm, or weather it to their advantage.
–The Editors