Blog - Page 10 of 1288

Fintech Rundown: A Rapid Review of Weekly News

By David Penn Posted on August 31, 2026
Categories: ACI Worldwide, Appli, Expensify, Experian, Fintech Rundown, FIS, Thought Machine, Vertice AI, VISA

There are still a few weeks left of summer, but the final day of August often serves as the unofficial end of summer for many—with kids returning to school and Labor Day around the corner.

As the week begins, Finovate's Fintech Rundown is highlighting a handful of fintech funding announcements in payments, wealth management, and capital markets, as well as interesting partnership news in DeFi and identity verification involving fintechs from Singapore and South Korea.

Fraud prevention

Nasdaq Verafin teams up with Q6 Cyber, combining dark web fraud intelligence with consortium data insights.

Digital banking

Deutsche Bank's Private Bank partners with Thought Machine for its core banking overhaul.

Vertice AI launches Vertice OPTIMIZE growth engine.

OnePay launches My Garage to offer users a full picture of vehicle ownership into one place.

Capital markets

Clearing and custody firm RQD* Clearing raises $74 million in a round led by Bain Capital.

…

Exit-Readiness and Underwriting Performance: Isabelle Freidheim of Athena Capital

By David Penn Posted on August 28, 2026
Categories: CEO Interview, Women in Fintech

How do companies get priced? What variables are involved in determining the true value of a firm, especially as it moves closer to leaving the private market and becoming a publicly traded entity?

We caught up with Isabelle Freidheim, founder of Athena Capital, to answer these and other questions about the current investment landscape, especially for fintech companies. In this extensive conversation Freidheim shares her insights into the challenge of helping profitable technology companies navigate the runway to an IPO or strategic sale.

We learn how the commoditization of the core technology layer is driving investment trends in fintech, the consequences of companies staying private longer, and how she leveraged talent "mispricings" to build a team of exceptional operating partners—sitting and former CEOs, Fortune 500 directors—that give Athena Capital a "sourcing and diligence advantage."

"The stage is our thesis. At 12 to 36 months out, the diligence question changes…

Big Questions, Big Ideas: Meet the FinovateFall 2026 Keynotes

By Julie Muhn (@julieschicktanz) Posted on August 27, 2026
Categories: FinovateFall 2026

FinovateFall returns to New York September 9 through 11, bringing more than 100 industry experts to the Marriott Marquis Times Square to discuss the forces reshaping banking and fintech.

This year's keynote lineup reflects just how much is changing at once. Banks and fintechs are navigating an uncertain economic and geopolitical environment while determining where AI can create real value, how to defend against increasingly sophisticated financial crime, what stablecoins mean for payments, and who will control customer relationships as financial data moves into AI-powered interfaces.

With that in mind, here are some of the keynote sessions worth adding to your FinovateFall agenda.

Manas Chawla, Founder and Chief Executive, London Politica

The Global Economic and Geopolitical Outlook and The Direction Of Travel For The US Economy
Wednesday, September 9

Fintech doesn't operate in a vacuum. Interest rates, geopolitical tensions, trade policy, economic growth, and shifting global alliances ultimately influence everything…

Stripe Acquires Clerky to Offer Legal Infrastructure for Startups

By Julie Muhn (@julieschicktanz) Posted on August 27, 2026
Categories: Daily news, Mergers & Acquisitions

Stripe has acquired startup legal infrastructure provider Clerky, expanding beyond payments into startup formation and ongoing corporate operations.

The deal could help Stripe bring companies into its ecosystem earlier, establishing relationships during incorporation, fundraising, and hiring before startups ever need payment processing.

Clerky complements Stripe Atlas with deeper legal workflows and attorney relationships, strengthening Stripe’s push to become a broader operating infrastructure layer for startups.

Payment infrastructure fintech Stripe is getting into a new infrastructure layer this week. The California-based company has acquired Clerky, a company that offers legal infrastructure that startups need during and after formation. Terms of the deal were not disclosed.

Clerky was founded in 2011 to help startups with legal paperwork surrounding incorporation and post-incorporation documentation, board actions, SAFEs and convertible notes, hiring documentation, stock and option issuances, and ongoing corporate maintenance. It also offers startup attorneys a private workspace that makes it easy to…

Socure Secures New Investment, Acquires Fraud Platform Fravity

By David Penn Posted on August 27, 2026
Categories: Fravity, Funding, Mergers & Acquisitions, Socure

Trust infrastructure for global identity and risk intelligence, Socure, has secured a strategic growth investment of $156 million, boosting the firm's valuation to $5.2 billion.

In addition to the funding announcement, Socure announced that it is acquiring Fravity, an agentic AI platform for risk and compliance.

Socure has been a Finovate alum since 2013. Fravity made its Finovate debut last year at FinovateFall 2025 in New York.

Socure, which offers trust infrastructure for global identity and risk intelligence, has received a $156 million strategic growth investment that gives the firm a valuation of $5.2 billion. The investment was led by Summit Partners and included participation from Goldman Sachs Alternatives, Wells Fargo, and Docusign, among others. The funding also included both primary capital and an existing employee secondary tender offer.

"What stands out to us about Socure is the combination of durable growth and disciplined execution at this scale. We…

Basware to Acquire Trustpair for Undisclosed Amount

By Julie Muhn (@julieschicktanz) Posted on August 26, 2026
Categories: Daily news, Mergers & Acquisitions

Basware has agreed to acquire payment fraud prevention company Trustpair, with the transaction expected to close later in 2026.

The acquisition will extend Basware’s invoice lifecycle assurance through payment, combining its AP automation capabilities with Trustpair’s AI-driven account validation and payment fraud prevention.

The deal reflects the convergence of AP automation, payments, and fraud prevention as AI-driven fraud increases demand for end-to-end transaction security.

Enterprise payment solutions company Basware announced it has agreed to acquire payment fraud prevention company Trustpair this week for an undisclosed amount. The transaction is expected to be completed later in 2026.

Basware, provider of AP automation, e-invoicing, and compliance tools, anticipates that Trustpair's fraud prevention tools will enhance its invoice lifecycle management tools by delivering invoice lifecycle assurance that covers the entire transaction. Basware will use its tools to confirm that an invoice is legitimate and approved, while Trustpair will confirm that the payment reaches…

Fideo Intelligence Launches Fraud Fighting Solution Fideo Lens

By David Penn Posted on August 26, 2026
Categories: Alumni News, Fideo Intelligence

Fraud prevention and identity verification company Fideo Intelligence has launched its investigative intelligence platform Fideo Lens.

Fideo Lens enables fraud and financial crime teams to discover hidden relationships between identities, accounts, devices, and behaviors at a time when fraud attacks increasingly involve multiple connected entities and organizations.

Headquartered in Denver, Colorado, Fideo Intelligence made its Finovate debut at FinovateFall 2025 in New York.

Financial crime prevention specialist Fideo Intelligence has unveiled its investigative intelligence platform Fideo Lens. The new offering helps fraud and financial crime teams uncover hidden relationships between identities, accounts, devices, and behaviors, enabling them to better address the increasingly coordinated nature of fraud attacks.

Starting with a single identity signal, fraud investigators can use Fideo Lens to visualize and connect data associated with that identity and convert fragmented identity data into interactive investigative intelligence within minutes, reducing the time spent on manual searches across multiple systems.…

Nayax Agrees to Acquire IPS Group

By Julie Muhn (@julieschicktanz) Posted on August 25, 2026
Categories: Daily news, Mergers & Acquisitions

Nayax plans to acquire smart parking technology provider IPS Group to expand its presence in parking and curb management.

The acquisition will combine IPS’ parking technology and 250,000-space footprint with Nayax’s payments infrastructure and global reach, creating new expansion and cross-sell opportunities.

The deal reflects Nayax’s “land and expand” M&A strategy and the broader convergence of payments and vertical software as payment providers move beyond transaction processing.

Global commerce, payments, and loyalty platform Nayax announced plans today to acquire smart parking technology provider IPS Group from Windjammer Capital Investors for an undisclosed amount.

Founded in 2000, IPS offers payment-enabled smart parking technology that processes millions of consumer payment transactions each year. The platform operates using physical infrastructure such as meters, combined with mobile and text-based payments, enforcement and permitting software, vehicle detection tools, and curb data analytics.

Nayax will tap IPS, which has two decades of experience building parking technology…

Bluefin Teams with Visa for In-Person Payment Acceptance

By Julie Muhn (@julieschicktanz) Posted on August 25, 2026
Categories: Alumni News, Alumni profile, Bluefin, Daily news, VISA

Digital payments and data security company Bluefin announced it has partnered with Visa on a new card-present acceptance tool. The new offering combines Bluefin's PCI-validated point-to-point encryption (P2PE) solution with Visa Acceptance Solutions to bring increased security to in-person payment acceptance.

The in-store payment acceptance tool offers merchants, software providers, and enterprises a unified approach to accepting payments by combining payment acceptance, PCI-validated security, tokenization, device lifecycle management, and enterprise payment infrastructure into a single solution. Bluefin will power the P2PE piece, while Visa's Visa Acceptance Solutions is taking on the payment processing, tokenization, and global payment services elements.

"Enterprise organizations are no longer looking for individual payment technologies—they're looking for infrastructure that enables secure commerce across every channel," said Bluefin Founder and Chief Strategy Officer Ruston Miles. "Our collaboration with Visa Acceptance Solutions reflects a shared vision that secure payment acceptance should be delivered as an integrated platform rather than…

Scalable Capital Enables Agentic Investing, Opening Platform to ChatGPT, Claude, and Grok

By David Penn Posted on August 25, 2026
Categories: Alumni News, Scalable Capital

German digital banking and investment company Scalable Capital has opened its platform to major AI assistants including OpenAI, Claude, and Grok.

Clients of Scalable Capital will be able to connect their accounts to their preferred AI assistant via this new Agentic Investing capability, and have the assistants conduct a range of operations from developing savings plans to executing trades.

Founded in 2014, Scalable Capital made its Finovate debut at FinovateEurope 2016 in London.

If you didn't get enough German fintech news with last week's edition of Finovate Global, then we've got another story for you!

Munich-based digital banking and investment firm Scalable Capital has opened its platform to major AI assistants, including OpenAI's ChatGPT, Anthropic's Claude, and X's Grok. Announced this week, the new Agentic Investing capability can be activated in clients' profile settings, allowing them to connect their account to their AI assistant of choice.

"Agentic investing…

Is IMPACT for You? Funders & Founders Event Comes to FinovateFall

By David Penn Posted on August 24, 2026
Categories: FinovateFall 2026

Running alongside FinovateFall on September 11 in New York City, IMPACT Funders & Founders is a special opportunity for innovative fintech startups and scale-ups to connect with venture capitalists, corporate investors, and industry leaders.

For investors, IMPACT offers an early look at some of the best investment prospects in fintech, targeted one-on-one meetings with startups, and insights from experts on common challenges faced by fintech investors today. For founders and startups, IMPACT provides opportunities to network individually with top VCs, angel investors, and private equity firms, pitch directly to leading investors, and learn from veteran fintech executives on how to grow and scale.

IMPACT is a one-of-a-kind event. But is IMPACT for you? Here's a look at our updated agenda, including a peek at our Pulse Roundtables, a special opportunity for candid, off-the-record conversations between funders, founders, and attendees.

Remember that IMPACT Funders & Founders is its own event and…