Welcome to the first full week of the new year. Here’s a quick catch-up of the latest fintech news to help you hit the ground running this week.
DeFi
OCBC Bank introduces tokenized bonds for accredited investors.
FalconX acquires Arbelos Markets to expand its global derivatives footprint.
Frax launches new stablecoin that’s backed by the BlackRock’s USD Institutional Digital Liquidity Fund and tokenized by Securitize.
Business banking tools
Standard Chartered’s fintech investment arm SC Ventures launches a small business invoicing and billing platform called Labamu.
Elite acquires B2B payments platform Tranch to transform billing and payment processes for law firms.
Cards & payments
Tietoevry Banking secures European Payments Council registration for routing and verification services.
Paysafe expands payment options business to Brazil.
Tradition Capital Bank partners with CorServ for improved credit cards.
Lending & credit
Japan’s SBI Holdings Inc. agreed to take a stake of more than 70% in Solaris SE.
Union Credit partners with MeridianLink to simplify lending and grow credit union membership.
AKUVO names William Coffey Chief Risk and Data Officer.