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Finovate Blog
Tracking fintech, banking & financial services innovations since 1994
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!
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 Geminifiles 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 Zopaacquires AI-powered payments automation company Rvvup.
Chase selects Nova Credit’sCash Atlas solution to power its cash flow underwriting capabilities, and the company’s Credit Passport to enhance decisioning with international credit data.
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!
AI-powered credit intelligence company martini.ailaunches its Financial Autonomy Ladder, a framework for measuring an institutions evolution from manual to autonomous decision-making systems.
MeridianLinkexpands 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 selectsAppli to modernize member lending experience.
Small business solutions
Expensifyannounces upgrades to its Expensify Travel offering including central billing, event management, and employee itineraries.
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
FinastrasupportsJICA with Loan IQ to transform private-sector investment finance system in Japan.
Insurtech
UK-based AI insurance broker Meshedraises £950K in pre-seed funding to transform SME insurance market.
Personal finance
PayLaterrpartners with Experian to enhance fraud detection and leverage alternative data for smarter budgeting decisions.
Sustainable money app Zerounveils 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.
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.
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!
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.
Appdomelaunches customer identity protection solution for mobile apps, IDAnchor.
MastercardintroducesA2A Protect in the UK to help defend consumers against account-to-account payment fraud.
Digital banking
Finovate Best of Show winner 10x Bankingintroduces new Chief Revenue Officer Tom Bentley.
Nubankappoints Ethan Eismann as its first Chief Design Officer.
Crypto
Blockchain startup Bitzerosecures $25 million for its sustainable blockchain and HighPerformance Compute (HPC) data centers.
African paytech Peach Payments and South African crypto payments solution provider MoneyBadgerteam up to bring crypto payments to South African merchants.
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
PhotonPaylaunches physical Mastercard commercial credit card to empower global business payments.
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.
According to a report in Bloomberg, JP Morgan is going to make fintechs pay up if they want access to customer financial data. Fighting words? Or just signs of what’s to come? Check out this news and more in this week’s edition of Finovate’s Fintech Rundown!
Identity management
Digital identity platform Signicatacquires Dutch NFC-based digital identity verification solutions provider Inverid.
Lending
Digital lending platform Yabxlaunches GenAI-powered voice solution designed to increase financial literacy among its underserved borrowers.
As the summer gets into full swing, we’re seeing no slowdown in the pace of financial and fintech news coming to our desk. We’ll keep you posted on the latest headlines here at Finovate’s Fintech Rundown!
Payments
KeyBanklaunches its unified solution for the invoice-to-cash process, KeyTotal AR, powered by Versapay.
Workforce payroll company Papaya Globalteams up with Worksome to launch a fully integrated Freelance Management System to help companies manage payments for contingent workforces.
London-based paytech Redpinbrings its payments platform to businesses in Spain.
Hospitality industry payments provider Katanox secures authorization from the Financial Conduct Authority (FCA) to initiate payment services in the UK.
A holiday-shortened week begins with Independence Day in the US celebrated on Friday. Be sure to check with Finovate’s Fintech Rundown for the latest fintech news as the second half of 2025 gets underway in earnest!
Digital banking
Greece-based core banking vendor Natechraises $33 million in Series B funding.
It’s the first week of summer, and fintech is heating up. We’ll continue adding news to this post throughout the week, so stay tuned!
Payments
Open payments platform Spreedlyunveils a strategic enhancement to its platform via integration of Just-In-Time Card Updates for Visa Cards powered by Visa Account Updater (VAU).
AI-powered conversations platform for community financial institutions (CFIs) Eltropylaunches its Collections 2.0 Suite to help CFIs manage rising delinquency rates.
Banking technology company Thought Machinepartners with technology services provider DXC Technology.
SAP Taulia and PayMate partner to enhance payment flexibility for businesses.
Fraud and security
Financial crime compliance company ThetaRayteams up with East African financial services group, I&M Group PLC.
iDenfypartners with MN2S Label Services to enhance the identity verification process.
Wealth management and financial advisory
AI-driven financial planning and advice platform Quinnemerges from stealth with $11 million in seed funding.
Finovate Best of Show winner Trust & WilllaunchesEstateOS, an intelligent platform for modern legacy planning.
Crypto and DeFi
Automated reconciliation and financial control solutions company AutoRekintroduces its data management and reconciliation platform for cryptocurrencies and digital assets, Mion.
