Business Payments Unite: Mollie to Acquire GoCardless

Mollie plans to acquire GoCardless in a move that creates a unified European payments platform that combines card payments, bank-to-bank transfers, and local payment methods for more than 350,000 businesses. GoCardless strengthens Mollie’s recurring payments and open banking capabilities, helping merchants reduce failed payments, customer churn, and cross-border complexity. The deal reflects a broader shift in payments, as merchants increasingly favor full-stack platforms that integrate payments, fraud, financing, and analytics while making bank payments and open banking rails core infrastructure rather than optional add-ons. Payments platform Mollie unveiled this week that it plans to acquire business payments platform GoCardless. Financial terms of the deal were not disclosed. Combined, the two providers will serve over 350,000 businesses with a holistic solution that offers card payments, local payment methods, and bank payments into a single solution.   "We’re incredibly excited to join forces with Mollie," said GoCardless Co-Founder and CEO Hiroki Takeuchi. "This…

Read more →

Enova to Acquire Grasshopper Bank for $369 Million

Enova is acquiring Grasshopper Bank for $369 million, creating a full-stack digital financial services provider that blends online lending with modern API-driven banking. Grasshopper brings $1.4 billion in assets, $3 billion in deposits, and a growing sponsor-bank portfolio, strengthening Enova’s infrastructure, deposit base, and fintech capabilities. The deal show the benefits of digital lenders that move up-market by acquiring bank charters to stabilize funding, expand product suites, and compete in the next phase of fintech. It may be mid-December, but that doesn't mean it's too late to announce a bank acquisition. Online financial services company Enova International revealed that Grasshopper Bancorp has agreed to be acquired in a cash and stock transaction valued at approximately $369 million. Grasshopper Bank, which offers small business banking and lending tools, as well as embedded finance and BaaS, was founded in 2019 and currently holds more than $1.4 billion in total assets as of…

Read more →

Chimney’s Blueprint for Financial Wellness: How Chase Neinken Is Reimagining the Digital Banking Experience

Today's financial landscape is steered by rising consumer expectations, requiring banks to search for ways to deliver more personalized, actionable guidance to their customers. While fintech has always discussed financial wellness, it is not always easy to deliver it in a way that is embedded, intuitive, and with low friction. The banks that will take the lead in the customer journey in 2026 are the ones that will turn complex financial decisions into simple, interactive experiences that help users understand their options in real time. Today, we're highlighting a conversation with Chase Neinken, CRO and co-founder of Chimney, which offers banks personalized tools to help them improve the customer experience and ultimately improve their financial wellness. Recorded at FinovateFall 2025, this interview features Neinken's thoughts on how banks can use interactive tools to deepen engagement, increase transparency, and empower consumers to make smarter financial decisions within their trusted banking channels.…

Read more →

Fifth Third Bank Embeds Brex’s Payments Infrastructure

Brex and Fifth Third Bank have entered a multiyear partnership that uses Brex Embedded to power the bank’s new commercial card, bringing modern spend management and AI-driven automation to Fifth Third’s commercial clients. The integration gives businesses access to Brex’s finance platform, enabling real-time payments, automated expense workflows, corporate card issuance, and AI agents that streamline closing the books and controlling spend. The partnership is strategically significant for both sides. It expands Brex’s reach into established commercial banking while helping Fifth Third differentiate itself with an AI-powered alternative to legacy expense management tools. Corporate card and expense management fintech Brex announced a new partnership with Fifth Third Bank this week. In the multiyear agreement, Fifth Third will leverage Brex Embedded, Brex’s API-driven payments infrastructure to power the Fifth Third Commercial Card. Through the integration, Fifth Third's commercial clients will gain access to Brex’s finance software platform that will enable them to issue…

Read more →

Showcase Your Tech on Fintech’s Most Influential Stage: Apply to Demo at FinovateEurope 2026

FinovateEurope returns to London on March 10 through 11, 2026. Taking place at the O2 Intercontinental in London, the event brings together 1,000+ senior-level attendees (including an impressive 600+ from banks and other financial institutions), decision-makers, investors, and creators shaping the future of financial services. If your organization is building technology that can transform banking, payments, wealth management, fraud prevention, or the broader digital finance ecosystem, now is the time to put it in front of the industry’s most powerful audience. For more than 15 years, Finovate’s demo format has earned its reputation as the launchpad for the next generation of fintech solutions. No slides. No long pitches. Just seven minutes to show the world what your technology can do. It’s fast, high-impact, and built specifically to elevate companies that are ready for growth. Why demo? Visibility, credibility, and real business outcomes FinovateEurope is attended by senior leaders from top banks, tier-one…

Read more →

eToro Brings Stock Lending to the UK

Social trading and investment network eToro unveiled that it will begin rolling out its stock lending program in the UK. The capability, which is available in Europe and the UK, enables eligible users to lend out their stocks. Stock lending isn't new. In fact, it has long been a passive revenue generator for large brokers and hedge funds. Bringing this capability to an alternative platform like eToro gives the fintech a competitive edge as it brings more transparent, value-added services to the retail trading market. As investor expectations increase, platforms that provide passive-income engines, improved liquidity, and greater control over their portfolios may gain more interest in an ever-crowded market. Facilitating the launch are global financial services company BNY and stock lending program EquiLend. Under these partnerships, BNY is acting as custodian and clearing provider, while EquiLend identifies borrowers and facilitates the lending process. eToro anticipates that the new program will allow…

Read more →

Business Financial Management Heats Up as Airwallex Brings in $330 Million

Airwallex has raised $330 million at an $8 billion valuation, boosting its total funding to $1.5 billion and setting up a major US expansion with a new San Francisco headquarters. The company's business performance is rising, with annualized revenue surpassing $1 billion, transaction volume doubling to $235 billion, and half of its customers using multiple Airwallex products. The company is positioning itself as the backbone of global, AI-powered finance, expanding regulatory coverage to 80 licenses worldwide. Global commercial payments and financial platform Airwallex has captured fintech's attention with its new funding round today. The Singapore-based company closed a $330 million Series G round at an $8 billion valuation, which is 30% higher than its valuation six months ago at its Series F round. Led by Addition with participation from T. Rowe Price, Activant, Lingotto, Robinhood Ventures, and TIAA Ventures, the round boosts Airwallex's total funding to $1.5 billion and will allow…

Read more →

Fintech Rundown: A Rapid Review of Weekly News

The year may be winding down, but fintech is still winding up. This morning brings news of Airwallex's $333 million round, valuing the company at $8 billion. Grab yourself a warm cup of cheer and settle in for this week's top fintech news. We'll continue to add more announcements as the week progresses. Business financial management Airwallex raises $330M Series G at $8B valuation. Digits launches Ask Digits, a 24/7 AI assistant for real-time financial answers and actions. Vroozi named to 2025/26 ProcureTech100 list of top digital procurement solutions. Agentic AI BNY collaborates with Google Cloud to advance its Eliza AI platform with Gemini Enterprise. Mortgages Cross River achieves milestone with $288 million commercial mortgage-backed securities transaction. Fraud, compliance, and identity Socure acquires BNPL consumer credit database Qlarifi. ID-Pal and MBS join forces to streamline compliance for trust or corporate service providers. SEON joins group of AWS partners with three…

Read more →

Trulioo Joins Google’s Agent Payments Protocol (AP2) to Secure Agent-Led Payments

Trulioo has joined Google’s Agent Payments Protocol (AP2) to provide its Digital Agent Passport and Know Your Agent (KYA) framework, creating a trusted identity layer for AI-driven, agent-led payments. AP2 establishes a common standard for how AI agents transact, and Trulioo ensures every agent interacting in the ecosystem is authenticated, authorized, and accountable before executing a payment. Agentic payments remain early but are poised to scale quickly as identity layers like KYA mature and combine with programmable settlement rails such as stablecoins and tokenized deposits, enabling safe, real-time autonomous transactions. Agentic payments are on the rise this season, and digital identity platform Trulioo is stepping up to help protect agent-led transactions. The Canada-based company has joined Google's Agent Payments Protocol (AP2) initiative. With the launch, Trulioo is deepening its long-standing ties with Google, which leverages Trulioo's Global Identity Platform for Know Your Customer (KYC) verification. Google launched AP2 in September 2025 to provide an…

Read more →

Finovate Global Sweden: Tap to Pay, Pay by Bank, and Investments in Nordic Fintech

This week's edition of Finovate Global features news from fintechs headquartered in Sweden. Klarna Brings Tap to Pay to 14 Markets in Europe Swedish digital bank and payment provider Klarna has introduced Tap to Pay across 14 markets in Europe. The new features bring flexible payments to the brick-and-mortar retail world at scale, and help to transform Klarna's app into a contactless wallet ready for everyday use. "Tap to Pay brings us closer to our vision of Klarna being everywhere for everything," Klarna Chief Product & Design Officer David Fock said. "Now you can set up a flexible payment plan and tap to pay in seconds, all inside the Klarna app. It makes everyday shopping moments significantly smoother for our Klarna customers across Europe, giving them even more flexibility and choice at checkout." At a time when 80% of shopping in Europe is still conducted in physical stores, Klarna's Tap…

Read more →

MoneyGram Teams with Fireblocks to Upgrade its Rails with Stablecoins

MoneyGram is partnering with Fireblocks to introduce stablecoin-based settlement across its global payments network, enabling faster, lower-cost transactions and real-time liquidity management. Fireblocks’ blockchain infrastructure will power a programmable settlement layer that streamlines reconciliation, reduces pre-funding needs, enhances treasury operations, and supports large-scale stablecoin flows. As a legacy payments giant adopts digital-asset rails, fiat-backed stablecoins are becoming core infrastructure for cross-border payments and corporate treasury. Cross-border payments network MoneyGram is taking a step toward modernizing its global settlement infrastructure by partnering with Fireblocks to bring stablecoin-based settlement into its core treasury processes. The collaboration aims to enable faster payments, lower costs, and real-time liquidity across MoneyGram’s worldwide network. Fireblocks is a blockchain infrastructure and security platform designed for storing, transferring, and issuing digital assets. Founded in 2018 and headquartered in New York, the company's suite of digital asset tools includes treasury management, wallets-as-a-service, payments, and tokenization. Fireblocks also offers stablecoin…

Read more →

Plaid Partners with ClearBank; Announces AI-Enabled Transaction Categorization

Financial data network Plaid and real-time clearing and embedded banking enabler ClearBank announced a new partnership this week. The partnership will enable Plaid to leverage ClearBank's virtual accounts and UK Faster Payments Service (FPS) access to enhance the sending, receiving, and reconciling of open banking payments. Founded in 2013, Plaid has been a Finovate alum since its debut at our developers conference, FinDeVR Silicon Valley 2014. A new partnership between ClearBank and Plaid will deliver faster, more secure, and friction-free Pay by Bank experiences for both businesses and customers throughout the UK. Courtesy of the collaboration, ClearBank‘s virtual accounts and direct access to the UK Faster Payments Service (FPS) will enable Plaid to enhance the sending, receiving, and reconciling of open banking payments. This includes making it easier for companies to match incoming payments to specific users or transactions, enhancing the reconciliation process and reducing reliance on manual effort. “ClearBank…

Read more →