Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

As the week begins, we’re checking in on news of big funding in fraud prevention and cross-border payments, major developments on the crypto front for both Citi and JPMorgan, as well as new report from Alessa on how AI stands to enhance AML processes in 2026. Be sure to check back all week long for the latest in fintech news here on Finovate’s Fintech Rundown!


Payments

Cross-border payments company Routefusion raises $26.5 million in Series A funding.

Payment solution provider and acquirer Paystrax acquires UK fintech Nochex.

International payments platform LemFi unveils Send Now, Pay Later service combining credit and remittances.

Stax Payments goes live with Stax Processing, a full-stack end-to-end payments processor.

Crypto and DeFi

Crypto payments company MoonPay integrates with crypto trading, earning, and exploring terminal, Axion.

Crypto wallet Cake Wallet announces integration of xStocks, new functionality that enables users to invest in tokenized stocks and ETFs via Web3 self-custody.

EBC Financial introduces Bitcoin (BTC) Contracts for Difference (CFDs).

Fraud prevention

Resistant AI scores $25 million in Series B funding.

Open banking and open finance

The UK’s Financial Conduct Authority launches its open finance accelerator.

Credit analytics

Yodlee introduces new credit subsidiary Yodlee Credit, a new Consumer Reporting Agency (CRA) under the Fair Credit Reporting Act (FCRA).

Carrington Labs teams up with Sea.dev to accelerate loan decisioning and help SMBs secure financing faster.

Sapiens International Corporation forges strategic partnership with Linqura, a sales and underwriting intelligence solutions provider for commercial insurers.

Insurtech

Axonic Insurance turns to iPipeline for its financial planning platform AFFIRM.


Photo by vee terzy

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The first full week of October is bringing news of new product launches in the digital banking space, funding for continued innovation with stablecoins, and partnerships in payments and insurtech. Be sure to check back with Finovate’s Fintech Rundown all week long for the latest in fintech news!


Digital banking

Alkami unveils its Digital Banking Conversion Toolkit (DBCT) to support financial institutions through their digital transformation journeys.

Bud Financial launches its Bud MCP server to facilitate the integration of AI applications with Bud’s platform.

Checkout.com secures a Merchant Acquirer Limited Purpose Bank (MALPB) charter from the State of Georgia Department of Banking and Finance.

Payments

Express Wages brings early wage access to workers at Lenny’s Grill & Subs in Memphis, Tennessee.

Courtesy of a partnership with EBANX and MOVii, Colombia launches its instant payment ecosystem, Bre-B, inspired by Brazil’s Pix.

Payall Payment Systems completes certification and now supports live transactions vis FedNow.

Crypto and DeFi

Digital asset risk insights provider Agio Ratings secures $6 million in funding in a round led by Albion VC.

TerraPay teams up with Fipto to launch stablecoin-native flows.

Insurtech

UK-based insurtech Zego announces renewed partnership with Clearspeed.

Customer engagement

First City Credit Union partners with Eltropy to enhance member communications.

Taxes and accounting

Irish startup Leapifai goes live with its digital tax copilot platform.


Photo by Konstantin Dyadyun on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Tomorrow is the final day of the third quarter of 2025, which means that Wednesday marks our entrance into October. Historically, fall has been the busiest season for fintech announcements, so we’re ready to keep up with all of the new developments. Here is some of the biggest news from this week so far. We’ll continue adding news to this post throughout the week, so stay tuned!


BaaS and embedded finance

Worldpay launches embedded lending, banking and card issuing for platforms partners.

Payments

Citi and Dandelion collaborate to transform cross-border payments and enable near-instant payments into digital wallets across the globe.

Swift to add blockchain-based ledger to its infrastructure stack.

Solaris selects ACI Worldwide’s Connetic to future-proof payments infrastructure.

Finastra unveils intelligent routing module for payment routing.

Paze to become the official jersey patch partner of the Atlanta Hawks. 

Blockchain and decentralized finance

Deutsche Bank conducts first euro transaction via blockchain.

Fraud and compliance

SEON secures $80 million in Series C funding; unveils comprehensive AI suite that reduces investigation time by

Fenergo enhances FinCrime OS with native identity and verification to deliver compliance in one platform.

Lending and credit

Carrington Labs partners with decisioning platform TaranDM to bring cashflow underwriting directly into automated decisioning.


Photo by Daka

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Today marks the official start of autumn here in the Northern Hemisphere. In addition to the wealth of fintech news out of Saudi Arabia (!) in recent days, we’re seeing a number of new partnerships and some big investment rounds in Europe, Asia, and the States as the week begins. Be sure to check back here at the Fintech Rundown for the latest updates.


Payments

International money movement firm TerraPay announces partnership with Saudi Arabia’s Sharia-compliant D360 Bank.

Europe-based TrustPay rebrands to finby.

Global payments processor Thredd extends its card partnership with cross-border payments platform Reap.

Spreedly acquires Dodgeball to link payment optimization with fraud prevention.

MercadoLibre launches new B2B unit to tap corporate market.

JOI Gaming teams up with Trustly to deliver next-level payment experience in the Netherlands.

Wealth management and investing

Fidelity International launches its innovative AI conversational interface, Freya, for its Personal Investing platform.

Morgan Stanley to offer crypto trading through E*Trade following zerohash investment.

Open banking

Payment-linked advertising innovator Sientia teams up with global gift card platform Tillo.

Crypto and Defi

LINE NEXT and Kaia partner to launch a stablecoin superapp, Unify, in Asia.

Coinbase taps DeFi to offer up to 10.8% yield on USDC holdings.

Stripe and Visa to power Fold’s new Bitcoin rewards credit card.

Digital banking

B2B digital banking firm VersaBank implements new AI capabilities within its proprietary core banking technology.

Business management

UK-based business management platform Tide raised $120 million at a valuation of $1.5 billion.

Lending

Dublin, Ireland-based AI-native orchestration platform for credit decisioning Rekord secures $2.1 million in pre-seed funding.

Embedded finance

Cross River Bank introduces its Advanced Authorization model to enhance the transaction approval process for fintechs and enterprises.

Fraud prevention

Hungarian cybersecurity firm SEON secured $80 million in Series C funding.


Photo by Aaron Burden on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

FinovateFall may have wrapped up last week, but the fintech news cycle continues to roll on. Check out the latest happenings in banking and fintech below. We’ll continue adding news to this post throughout the week, so stay tuned!


Crypto and DeFi

Stablecore, which enables community financial institutions and credit unions to offer stablecoins and other digital assets, secures $20 million in funding.

Reliance Global Group (RELI) expands into cryptocurrency and blockchain-enabled insurance-linked assets.

Tether unveils USA₮, its US-regulated dollar-backed stablecoin.

Lending

Mobilization Funding launches Maximus, an all-in-one loan management platform for contractors and manufacturers.

Lendbuzz files for IPO.

Payments

Global payment orchestration platform Yuno launches NOVA, a series of AI agents that help remove friction from ecommerce transactions.

Payments network MoneyGram announces its mobile app featuring a digital, USD-backed stored value account for both fiat currencies and stablecoins.

HALA raises $157 million in Series B rounds led by TPG and Sanabil Investments.

Affirm live for in-store purchases with Apple Pay on iPhone.

Intuit and Clair partner to deliver on-demand pay.

Business financial management

DianaHR raises Seed round to bring HR-as-a-Service to SMBs.

Wealth management

SigFig rebrands as Tandems; rolls out AI-embedded tools.

Digital banking

Mercantile Bank selects Jack Henry to evolve its technology infrastructure, streamline operations, and support its long-term growth strategy.

Compliance & regulation

Arva AI and FairPlay partner to advance powerful and compliant agentic AI in financial services.

Insurtech

Insurtech Qover and Swiss insurer Helvetia announce in-depth collaboration to advance embedded insurance solutions.

Fraud prevention

WorkFusion raises $45 million to support development of agentic AI to fight financial crime.


Photo by Miguel Á. Padriñán

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Autumn does not officially arrive for a few more weeks. But for many of us, the end of the Labor Day weekend serves as a pretty good starting point for the fall season. We’ll be watching the headlines over the next few days here on Finovate’s Fintech Rundown to see if September brings the kind of acceleration in news activity that we’ve come to expect around this time of year.

And did we mention that FinovateFall is just days away? There’s still plenty of time to get your ticket and join us in New York, Monday, September 8 through Wednesday, September 10.


Crypto and DeFi

Cryptocurrency platform Gemini files for an IPO, seeking a valuation of as much as $2.22 billion.

El Salvador announces plan to divide bitcoin reserves into multiple wallets to defend against potential future quantum computing attack.

Digital banking

UK-based digital bank Zopa acquires AI-powered payments automation company Rvvup.

Payments

Payments network TrueLayer goes live in Poland.

Corporate payments company Corpay announces strategic partnership with independent software vendor (ISV) SKsoft.

Insurtech

Eleos Life launches AI-powered digital co-pilot for life insurance, Theea.

AI-native, third-party administrator for commercial insurance, Elysian, raises $6 million in seed funding in a round led by Portage.

Small business solutions

Expensify announces new integration with DoorDash for Business.

Credit and analytics

Chase selects Nova Credit’s Cash Atlas solution to power its cash flow underwriting capabilities, and the company’s Credit Passport to enhance decisioning with international credit data.


Photo by Aaron Burden on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The fallout from JP Morgan’s plan to charge companies for access to client bank account data continues as—according to a report from Bloomberg—Visa has announced that it is shuttering its open banking unit.

We’ve got a lot to say about the fight for open banking next month at FinovateFall. For now, be sure to check in to Finovate’s Fintech Rundown for all the latest fintech news!


Payments

Dispute management and chargeback solution provider Casap raised $25 million in Series A funding. See the company demo next month at FinovateFall in New York!

Zil Money introduces a pair of AI-powered features for its virtual cards: receipt parsing and automated spending analysis reports.

Digital content monetization platform Coda completes its acquisition of prepaid payments platform Recharge.

Localized payment solutions provider Boku partners with visual communications platform Canva.

PayNearMe establishes Texas footprint with Dallas business district office.

Sightline Payments creates Sightline Debit, a solution for the gaming industry, in partnership with Cross River Bank.

Digital banking

HSBC launches HSBC Innovation Banking in Australia.

Cognizant inks five-year strategic engagement deal with banking technology company Tenemos.

Thread Bank selects Finxact from Fiserv to power embedded banking strategies.

Crypto and DeFi

Crypto wallet MetaMask launches its own native stablecoin, to be issued by Stripe’s Bridge.

Bitget unveils its RWA (Real-World Asset) Index Perpetual Contract, enabling investors to buy and sell tokenized traditional assets.

VersaBank launches tokenized deposit pilot program in the US.

Finastra and Circle forge strategic collaboration to bring stablecoin settlement to cross-border payments.

Tazapay lands strategic investments from Ripple and Circle.

Financial wellness

Financial wellbeing platform CredAbility launches its credit score builder.

Fraud prevention and digital identity

Digital identity specialist Prove teams up with FNBO (First National Bank of Omaha).

Australia-based digital lender MoneyMe partners with fraud prevention and AML compliance specialist SEON.

IDenfy teams up with ethical residential proxies and web-data collection tool provider Ping Proxies.

Lending and credit

AI-powered credit intelligence company martini.ai launches its Financial Autonomy Ladder, a framework for measuring an institutions evolution from manual to autonomous decision-making systems.

MeridianLink expands its partnership with Jack Henry, which will resell the suite of Meridian Link One platform solutions, including MeridianLink Mortgage and MeridianLink Consumer.

First Northern Credit Union selects Appli to modernize member lending experience.

Small business solutions

Expensify announces upgrades to its Expensify Travel offering including central billing, event management, and employee itineraries.


Photo by Cristina Gottardi on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

We’re past the mid-way point of August, and last week brought some notable fintech funding rounds. What will this week bring? Here’s your look at the latest fintech news this week. We’ll continue adding news to this post throughout the week, so stay tuned!


Payments

UAE employees can now receive salaries in digital wallets as UAE telecom operator du launches new platform.

Lending

Finastra supports JICA with Loan IQ to transform private-sector investment finance system in Japan.

Insurtech

UK-based AI insurance broker Meshed raises £950K in pre-seed funding to transform SME insurance market.

Personal finance

PayLaterr partners with Experian to enhance fraud detection and leverage alternative data for smarter budgeting decisions.

Narmi and Grasshopper launch MCP server by a U.S. Bank for AI-driven insights.

Sustainability

Sustainable money app Zero unveils new Zero Carbon Projects feature enabling users to offset their carbon footprint via verified carbon removal projects around the world.

Crypto and DeFi

Tokyo-based fintech JPYC Inc. announces plans to issue Japan’s first stablecoin this fall.

Crypto payments company MoonPay inks multi-year strategic partnership with self-custody crypto wallet Trust Wallet.

Investing

Openbank, a part of the Santander Group, partners with Upvest as its investment infrastructure provider.

Turkey-based retail investing app Midas raises $80 million in Series B funding.

DriveWealth names Naureen Hassan Chief Executive Officer.

Agora expands its fund admin partnerships with Verivest, empowering a new generation of service providers.

Fraud prevention

Canadian digital lender Fig teams up with transaction monitoring and AML compliance company Flagright.

Financial crime detection platform Ivix secures $60 million in Series B funding.

Open banking

Web3 lifestyle app Syfu partners with open banking platform Salt Edge to integrate card data from more than 5,000 banks.

Back end and communications

Eltropy now integrates with over 50 core systems and fintech solutions.

FIS launches Optimized Reconciliation Service to help capital markets adapt to evolving complexity.


Photo by Efrem Efre

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Over the weekend we learned that fintech investment in the UK reached $7.2 billion in the first half of 2025. That figure is down slightly from last year’s total of $7.6 billion, according to KPMG’s Pulse of Fintech report. Meanwhile, here in the US, President Trump has signed an executive order enabling investors to buy alternative assets, including cryptocurrencies, for their 401(k) retirement savings plans.

Be sure to check back for more fintech news headlines all week long here at Finovate’s Fintech Rundown!


Digital banking

New Zealand-based Co-operative Bank partners with 10x Banking for core replacement.

Lending

Finastra inks collaboration with NTT Data, extending its Lending Cloud Service.

Payments

Payments processor Silverflow teams up with fintech provider payabl. to upgrade its payments infrastructure.

TransferMate secures in-principle approval from the Monetary Authority of Singapore (MAS) to add payment services.

Global payroll and financial platform Ontop partners with Thunes to offer real-time wage access.

Payments company Nayax embeds its payment technology into 100,000 Autel Energy EV chargers in North America and Europe.

Crypto and Defi

Digital asset platform Zodia Markets raises more than $18 million in Series A funding.

E-commerce

Klarna unveils new enablement via the Stripe for WooCommerce integration.

Financial wellness

Jack Henry and Array team up to launch new Banno Digital Banking Platform capability, MyFinancialHealth.

Fraud prevention

Sidney Federal Credit Union deploys Illuma’s IllumaSHIELD voice authentication and caller fraud prevention solution.


Photo by Alexandre Chambon on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

August has arrived, which means we have just five months left to complete our 2025 goals. Given some of the recent regulatory shakeups, perhaps it’s time to adjust your goals to fit new objectives, as well. Will this month bring any more changes? Here’s a look at the latest fintech news this week. We’ll continue adding news to this post throughout the week, so stay tuned!

Payments

Blink Payment taps Cashflows as acquiring partner.

GoCardless launches industry-leading AI tool for faster, more reliable same-day payments.

Tax

Blue J announces $122 million in Series D funding led by Oak HC/FT and Sapphire Ventures.

Insurtech

Insuritas partners with $1 billion credit union to serve their 68,000 Members with embedded full-service insurance agency.

Financial data

Daloopa closed on its $18 million Series B for its AI-powered fundamental and historical data source.

Lending

Carrington Labs teams up with DigiFi to integrate cash flow underwriting and credit risk solutions directly into DigiFi’s platform.

HSLC taps Vine for AI-powered commercial lending.

LendingClub and BlackRock partner on loan transactions up to $1 billion.

Digital banking

Credit Sesame teams up with Green Dot to power its new digital banking service.

Saudi Arabia’s Bank Albilad selects Intellect Design Arena to enhance its cash management operations.

Crypto and Defi

Ripple announces its acquisition of Toronto, Canada-based stablecoin payments platform Rail for $200 million.


Photo by Boris Pavlikovsky

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The first month of Q3 is in the books, “Crypto Week” was declared in the US last week, and corporate earnings reports are dominating the conversation on Wall Street.

To start off the week of fintech news here on Finovate’s Fintech Rundown, we have word of new C-suite appointments, collaborations in payments and fraud prevention, as well as new solutions for identity protection.


Fraud prevention

Risk management company EverC announces collaboration with Amazon Web Services (AWS).

Appdome launches customer identity protection solution for mobile apps, IDAnchor.

Mastercard introduces A2A Protect in the UK to help defend consumers against account-to-account payment fraud.

Digital banking

Finovate Best of Show winner 10x Banking introduces new Chief Revenue Officer Tom Bentley.

Nubank appoints Ethan Eismann as its first Chief Design Officer.

Crypto

Blockchain startup Bitzero secures $25 million for its sustainable blockchain and HighPerformance Compute (HPC) data centers.

African paytech Peach Payments and South African crypto payments solution provider MoneyBadger team up to bring crypto payments to South African merchants.

Cyber risk management firm DynaRisk secures $4.7 million in funding.

FIS partners with Circle to unlock stablecoin money movement functionality for financial institution customers.

Payments

dLocal and RizRemit partner to enhance the cross-border remittance process across both Africa and Asia.

Deutsche Bank’s Merchant Solutions business to integrate Wero as a payments option.

Square launches data driven cash advances in the UK.

Lending

iBusiness Funding announces expanded collaboration with Intuit to expand SBA loan access through QuickBooks Capital.

Digital identity

authID launched its digital identity platform, Identity Exchange (IDX), in partnership with NEC Networks and System Integration Corporation.


Photo by Tunafish on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Last week, fintech woke up from its summer slumber with the news that JPMorgan plans to increase the fees it charges aggregators. The news spurred conversations from banks, fintechs, and analysts, and discussions have been heated. What will this week bring? We’ll continue adding news to this post throughout the week, so stay tuned!


Payments

PhotonPay launches physical Mastercard commercial credit card to empower global business payments.

PairSoft and Finexio extend B2B payments partnership.

Block set to join the S&P 500.

Airwallex and Arsenal form multi-year global partnership.

Fraud and security

ThetaRay unveils Self-Service Rule Builder and Simulator to enhance its transaction monitoring solution.

Socure introduces its Dispute Abuse Score to help prevent serial abusers from exploiting dispute processes.

Nasdaq Verafin announces launch of its Agentic AI workforce.

Digital banking

Payment processing and orchestration platform Solidgate turns to Finovate Best of Show winner Tuum to power its global money movement solution Solidgate Treasury.

Incent rebrands as Nuuvia, reflecting the company’s expanded mission to provide a full lifecycle engagement platform for community financial institutions.

Wealth management

JP Morgan Markets announces enhancements to its platform for institutional investors.

Lending

Embedded lending solutions provider Momnt forges strategic collaboration with residential and commercial roofing products manufacturer IKO.


Photo by Cliford Mervil