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Digital bank Chime is giving its users one more reason to spend more time in its app with the launch of Chime Invest, a new investment capability. With the new investing tool, users can buy stocks and ETFs commission-free or use an expert-managed portfolio option.
The managed accounts are managed by Atomic Invest, an SEC-registered investment adviser that offers users a diversified portfolio personalized to their goals and risk profile with up to $500,000 of protection by SIPC.…
Walmart-backed digital banking platform OnePay is getting an upgrade this week. The New York-based company has teamed up with alternative lender and fellow digital banking platform Upgrade to launch Personal Loans, bringing a new element into its banking app.
With the new Personal Loans product, OnePay will allow eligible borrowers to apply for a loan ranging from $1,000 to $50,000, receive and accept an offer with APRs ranging from 7.74% to 35.99%, and pay back their loan within the OnePay app. The company sees the new product as a…
Real-time cross-border payment network Buckzy Payments has forged a strategic partnership with European payments and banking service provider FinXP. The partnership is designed to enable businesses operating internationally to access European and international payment capabilities by combining FinXP's regulated European infrastructure—including euro accounts and SEPA payment capabilities—with Buckzy's real-time international payment network and stablecoin infrastructure.
The partnership will enable eligible Buckzy clients to access FinXP's direct SEPA payment capabilities, while FinXP's clients will benefit from Buckzy's international banking network and stablecoin infrastructure. This bolsters FinXP's existing cross-border payment capabilities…
Many of us fondly remember when, just a handful of years ago, VC funding was abundant. It was a golden era in which startups competed for investor attention, valuations climbed quickly, and founders optimized for growth.
Fast forward five years, and the situation is much different. Venture funding has become much more selective, and while it often favors cutting-edge technologies such as AI and the blockchain, investors have much higher expectations than they did at the dawn of the decade, wanting to see proven traction much earlier. Between the changing economics and new technologies, it is clear that the fundraising environment for fintechs has evolved.
AI is reshaping where venture dollars goBy now, it's no secret that AI-focused fintechs and ideas are garnering a lot of VC funding. According to CB Insights' State of Venture 2025 report, AI startups raised $226 billion in 2025, a figure that represented 48%…
Congratulations to Spain for winning on the global stage of the World Cup yesterday! The country won against Argentina a final match with a score of one to zero after a nearly six-week long event. Today we turn to examine who is winning in fintech. Here’s a look at the top news headlines for this week. We’ll continue to add more announcements as the week progresses.
AI in bankingFIS partners with Anthropic to use Mythos 5 through Project Glasswing to bolster its security.
Databricks announces strategic funding at a $188 billion valuation.
Identity and verificationKnow Your Customer (KYC) orchestration platform Fourthline announces plans to merge with identity verification platform Veridas.
PaymentsPayfinia and Member Access Processing (MAP) team up to deliver embedded payments for credit unions.
Airwallex enables Wero payments for merchants throughout Europe.
Domopay selects Salt Edge to provide open banking capabilities for rent collection.
European…
Stablecoin blockchain Stable launched StablePay to allow global users to send and receive USDT instantly and for free. The tool is built on StableChain, Stable's settlement infrastructure, to remove technical complexities of operating in crypto.
StablePay is marketed both as a direct-to-consumers product and to and payment providers. The company aims to bring the benefits of stablecoin infrastructure within a TradFi-like experience that allows users to transition between stablecoins and fiat without the difficulties of managing wallets, gas fees, or blockchain accounts. While StablePay brings the simplicity of…
Last year’s FinovateFall conference brought together attendees, fintechs, and bank representatives from across the world.
On the second day of the event, 63 companies took the stage to showcase their newest solutions. Of that group, six fintechs brought home Best of Show honors for the work they showcased on stage.
With FinovateFall coming up September 9 through 11, we wanted to look at how last year's Best of Show winners have grown and influenced their markets. Here's a look at what Casap, Eko, Krida, LemonadeLXP, LendAPI, and Vertice AI have been up to since taking home Best of Show.
What won Best of Show: Casap impressed the audience with its AI-powered platform that helps financial institutions automate disputes, reduce fraud losses, accelerate resolution times, and strengthen customer relationships.
Where they are now: Since winning Best of Show, Casap has continued expanding its dispute automation platform, reporting customer results…
Payments orchestration platform Spreedly launched a standalone payment vault that gives merchants the ability to securely store and control their own payment credentials without using Spreedly's payments orchestration platform.
Unbundling the payment vault means a merchant can now use Spreedly's vault separately from its other products to securely store payment credentials; continue using its existing payment processor, even if it is with Stripe, Adyen, or Worldpay; keep their existing payment routing logic;…
Trust infrastructure provider for global identity and risk intelligence, Socure, has unveiled its Remote Verifier. The new offering, available in Socure's RiskOS platform, is designed for individuals who do not initially pass Socure's verification process, do not want to use automated systems, or require a manual option to verify their identity. While Socure notes that this is a relatively small population—the company believes fewer than 1% of all individuals will require Remote Verifier—the solution nevertheless helps organizations accurately and efficiently verify every identity presented. Remote Verifier provides human agents with…
Stripe has teamed up with private equity firm Advent International to acquire PayPal. Stripe and Advent are offering $60.50 per share in a deal that would value the payments firm at more than $53 billion. The acquisition would give Stripe and Advent each a 50% stake in the company and the offer, which is currently under consideration by the PayPal board, is supported by $50 billion in committed bank financing.
The acquisition would be a major development in e-commerce and payments, creating an entity with approximately $3.7 trillion in annual processing volume. But the deal isn't done yet. Here's a look at three reasons why the Stripe acquisition will (or should) go through, followed by three reasons why it won't (or shouldn't).
Deal! Solid Strategic and Financial SenseIt's easy to see why Stripe might want to do the deal. The acquisition would provide access to more than 430…
The business banking space is heating up again. Business banking platform Flex landed $70 million in a Series B1 investment, boosting its total equity funding to $180 million and total debt funding to $300 million.
Halo Fund lead the investment, which comes seven months after Flex's $60 million Series B round. Portage Ventures, Wellington, Crosslink Capital, 53 Stations, Titanium Ventures, Spice, Florida Funders, Spice, and others…
Banking AI platform Glia and financial services consortium Alloy Labs have teamed up to jointly release their 2026-2027 Banking AI Strategic Annual Planning Kit. The new resource is a cross-functional blueprint that provides leadership teams with clear governance templates, an enterprise-wide roadmap, and strategies to deploy banking-specific AI. The goal is to help organizations avoid the kind of security and compliance risks that many institutions face when using industry-agnostic AI solutions.
"This is the first planning cycle where AI strategy and bank strategy are in…