On Finovate.com

• Revolut and TrueLayer Team Up to Ease Access to Open Banking Data.

• Flybits Secures $35 Million in Series C Led by Point72 Ventures.

• Launchfire’s Lemonade Takes Off as Standalone SaaS Brand.

Around the web

• Avaloq integrates OneSpan’s anti-fraud technology into its SaaS banking platform.

• PayPal’s international money transfer acquisition, Xoom, goes live across Europe.

• SumUp secures €330 million debt financing.

• Ritholtz Wealth turns to Betterment’s Betterment for Advisors, a white label online investing solution, to power its Liftoff automated investment platform.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.