Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

After last week’s news of new bank charter announcements across the globe, this week’s top topic shifts back to the TradFi-DeFi bridge, as stablecoin platform Kast raises $80 million. Check out more on this, plus take a look at other fintech news highlights below. We’ll continue to add more announcements as the week progresses.

Stablecoins

KAST raises $80 million as stablecoins move from infrastructure into mainstream financial services.

Payments

Irish banks launch in-app instant payment service.

Visa launches intelligent authorisation tool for acquirers.

NjiaPay secures $2.1 million seed funding led by Newion to scale payment performance across Africa.

Business financial management

Sage to power SumUp’s new digital tax product.

Tide taps Gigs to offer mobile plans to small business clients.

Fraud and security

Evervault raises $25 million in Series B financing to deliver end-to-end encryption for highly sensitive data.


Photo by Gije Cho

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Welcome to March! Women’s History Month, Holi (the Hindu “Festival of Colors”), the start of spring, St. Patrick’s Day, Eid al-Fith, Cesar Chavez Day … there’s a lot to celebrate and look forward to over the next few weeks.

Here on Finovate’s Fintech Rundown, we’re looking forward to the rush of industry news and announcements that typical comes with the seasonal thaw.


Payments

Private equity firm Incore Invest completes its acquisition of CoreOrchestration AB from Worldline.

Apple is in conversation with banks in India to bring Apple Pay to the country later this year.

Embedded finance

Confido, an embedded financial infrastructure platform for law firms and legaltechs, raises $9 million in funding.

Fraud prevention

ThetaRay and Matrix USA team up to help financial institutions modernize their transaction monitoring programs.

Stablecoins

MoonPay builds infrastructure platform for PYUSD-backed stablecoins.

Agentic AI

Colt Technology Services announces proof of concept for an agentic AI engine developed in partnership with Microsoft.

Banco Santander and Mastercard complete Europe’s first live agentic AI payments transaction.

DeFi

US-based FundBank acquires Irish blockchain startup Trrue.

The Hong Kong Monetary Authority (HKMA), the Shanghai Data Bureau (SDB), and the National Technology Innovation Center for Blockchain ink a Memorandum of Understanding between Shanghai and Hong Kong to apply blockchain technology to develop a cross-border platform to facilitate trade finance.

Open finance

Promoteo teams up with Fiskil to help implement Open Finance across Latin America.

Digital banking

10x Banking teams up with Validata in a strategic partnership designed to help banks accelerate innovation.

Wealthtech

OneVest launches its Agentic Wealth Operating System to help automate middle office operations for advisors.


Photo by Pixabay

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

It’s the last week of February, which means we have one more month to wrap up any Q1 goals. Below, we’ve aggregated the top news in fintech for the week. We’ll continue to add more announcements as the week progresses.


Payments

Flywire appoints Patrick Blanc as Chief Technology Officer.

MoneyHash partners with Wayl to support expansion into Iraq.

Payabli and Huntington Bank partner to bring seamless payments to the digital banking experience.

Worldline unveils One Commerce, powering the next generation of omnichannel retail.

Jaris expands Paysafe partnership to bring instant payouts to US small businesses.

Apple Federal Credit Union partners with Quavo to modernize dispute operations.

Nuvei is selected by MediaMarktSaturn to support online marketplace payments across its European markets.

Alkami’s MANTL partners with MeridianLink to offer integrated Point-of-Sale (POS) solution.

Credit and collections

AKUVO partners with TransUnion to bring advanced scoring data into its collections platform.

Wealth mangement

Vestwell raises $385 million, doubling its valuation from 2023.

april launches AI tax platform for wealth management firms.

TradeStation to launch Capitalize’s streamlined rollover API experience for active traders.

Small business financial mangement

Forest Lawn Memorial Parks achieves complete spend management through Vroozi platform integration.

Wellspring launches treasury management platform for small and mid-sized businesses.

Fraud and identity

Illuma partners with Jovia Financial Credit Union.

TransferMate rolls out Vivox AI’s AI agents as its new Know Your Business (KYB) automation platform.

Stablecoins

Stable Sea and dLocal join forces to power low-cost, B2B cross-border stablecoin payments.

Back office banking technology

Finastra teams up with document transfer platform CargoX to further adoption of digital-at-source electronic trade documentation.

CUltivate, a new CUSO, unveils first foundational AI platform purpose-built for Credit Unions.



Photo by Vincent Jialei

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

We’re fresh off an outstanding FinovateEurope conference in London (meet our Best of Show winners!) and already gearing up for our Spring event in San Diego. In the meanwhile, here’s a look at some of the fintech headlines that have crossed the wire in recent days. Be sure to check back here at the Fintech Rundown all week long for updates!


Digital banking

Oklahoma-based Blue Sky Bank partners with Jack Henry, deploying the fintech’s Banno Digital Platform along with other integrated solutions.

The Bank of Beirut UK goes live with Temenos for core banking and payments.

Fraud prevention

RiskOps platform provider Feezdai and regtech Neterium collaborate to enhance transaction screening for instant payments

Licensed payment institution Paytently partners with SEON for advanced fraud prevention and anti-money laundering controls.

Mortgagetech and proptech

UAE-based protech innovator Rentify launched its rent-native infrastructure player, Rentify Pay.

Digital savings and mortgage platform Tembo secures £16 million in growth funding in a round the featured new investor Gresham House Ventures.

Open finance

Backbase and Plaid team up to bring open finance to AI-powered banking.

Insurtech

UK-based embedded insurance company Wrisk acquired real-time financial intelligence platform Atto to build an integrated embedded finance platform.

DeFi

Payoneer teams up with stablecoin infrastructure platform and Stripe company Bridge to support its launch of new embedded stablecoin capabilities.

Netherlands-based paytech and stablecoin issuer Quantoz teams up with Visa, enabling the firm to issue irtual Visa debit cards as serve as a BIN-sponsor for third-party fintechs and platforms.


Photo by Aaron Burden on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Welcome to the first week of February! Both FinovateEurope and Valentine’s Day are just around the corner, and there’s lots to love about this week’s fintech news headlines. Below, we’ve aggregated the top news in fintech for the week. We’ll continue to add more announcements as the week progresses.


Payments

Payments platform PPRO and Southern European Buy Now, Pay Later (BNPL) solution provider Scalapay announce partnership.

Verisave launches credit card processing fee optimization program for professional services firms.

NCR Atleos and Heart of England Co-operative extend relationship to enhance financial inclusion.

STAR Financial Bank partners with CorServ to meet demand for enhanced commercial credit cards.

dLocal partners with DHL Express Brazil to automate Pix payments and accelerate parcel release.

Wealth management

UK-based Novum Investment Management secures investment form UK local government pension fund to launch and scale Doris, a new offering to help transition people from saving to investing.

Envestnet appoints Jonathan Linstra as Chief Growth Officer (CGO). 

Arcesium acquires Limina to deliver a unified front-to-back investment platform.

Back office tools

HuLoop and Ceto partner to advance adaptive work optimization for financial institutions.

Embedded lending

Affirm expands buy now pay later network with Expedia.

Digital banking

OnePay names Patrick O’Connell Chief Financial Officer.

Afin Bank introduces new Chief Risk Officer Rebecca Griffin.

DeFi

NymCard enables stablecoin settlement with Visa in the Gulf Cooperation Council (GCC) region including countries such as Saudi Arabia, the UAE, and Oman.

Credit, data, and analytics

Analytics software firm FICO forges global partnership with technology consulting and digital solutions provider Tech Mahindra to help companies integrate AI-powered decisioning and advanced analytics.

Digital identity and verification

LexisNexis Risk Solutions announces the availability of LexisNexis IDVerse for Insurance, an AI-powered document authentication and identity verification solution.


Photo by Monstera Production

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The final week of the first month of the year has arrived. Partnerships in payments, embedded finance, and DeFi are among the top headlines in fintech as the week begins. And with FinovateEurope only two weeks away, we’ve got our eye on interesting developments like JPMorgan Chase’s acquisition of UK-based WealthOS. Be sure to check Finovate’s Fintech Rundown all week long for the latest updates!


Payments

Global payments infrastructure platform Mercuryo teams up with Visa to provide crypto-to-fiat off-ramping via Visa’s real-time payments platform, Visa Direct.

European payment service provider and acquirer Finby partners with the European Payments Initiative (EPI) to support the pan-European digital wallet, Wero.

Embedded finance

Embedded finance platform Treasury Prime inks partnerships with i3i Bank and Coastal.

DeFi

Core banking vendor DXC Technology partners with Ripple to embed digital asset custody and RLUSD stablecoin into its core.

KAST, a financial platform built on stablecoin rails, unveils its stablecoin yield product, KAST Pay.

Digital banking

Barclays and FactSet announce multiyear strategic agreement.

Wealth management

JPMorgan Chase acquires UK-based pensions and wealth technology platform WealthOS.

Wealth creation platform Vennre secures $9.6 million in pre-Series A funding.

Wealth management platform Pave Finance integrates with Fidelity.

Credit, data, and analytics

ClearScore joins the mortgage industry with its acquisition of Acre Platforms.


Photo by Khwanchai Phanthong

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

We’re more than halfway through the first month of the year, and topics like AI and stablecoins continue to dominate both the headlines and the mindshare in fintech. Below, we’ve aggregated the top news in fintech for the week. We’ll continue to add more announcements as the week progresses.


AI

AI voice start-up ElevenLabs in funding talks at $11bn valuation (paywall).

Synechron launches suite of AI agents to automate complex workflows, reduce risk and speed adoption.

Payments

dLocal partners with HONOR to launch localized payments in Peru’s growing tech landscape.

TreviPay launches Pay by Invoice for issuers, enabled by Visa Credentials.

Blackhawk Network’s Giftcards.com expands access to digital gift cards across PayPal.

Fiserv brings its Clover suite of products into Japan with Sumitomo Mitsui partnership.

Lending

Block surpasses $200 billion in credit provided to customers, continuing to address global lending gaps.

Fraud, compliance, and identity

eflow client base surges 23% as trading complexity intensifies surveillance demands.

SEON launches identity verification built on real-time fraud intelligence.

SavvyMoney partners with Allstate Identity Protection to deliver fraud restoration services to customers.

Tax

PayPal introduces free DIY tax filing for PayPal debit card customers in partnership with April.

Community banking

Infusion Marketing Group, QwickRate and IntelliCredit combine to form OptimaFI.

DeFi

Ripple expands European regulatory footprint with preliminary EMI approval in Luxembourg.


Photo by Google DeepMind

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

There is a race to the top in Agentic commerce, and Google is here to make sure its name is front and center. The tech giant launched its Universal Commerce Protocol (UCP), a new open standard for agentic commerce, and payments companies like PayPal and Ant International are jumping on board. Read on for more fintech news headlines. We’ll continue to add more announcements as the week progresses.


DeFi

Rain raises $250 million Series C to scale stablecoin-powered payments infrastructure for global enterprises.

BNY extends digital cash capabilities for institutional clients.

Ripple receives FCA permissions to scale Ripple Payments in the UK.

Payments and Commerce

Walmart and Google partner to launch agent-led commerce.

FIS launches tool to help banks participate in agentic commerce.

PayPal announces support of Google’s Universal Commerce Protocol (UCP).

Google launches the Universal Commerce Protocol (UCP), a new open standard for agentic commerce.

MoneyHash and Spare partner to advance open banking adoption in the UAE.

Global Payments completes acquisition of Worldpay and divestiture of issuer solutions business.

Emburse launches Invoice Tax Validation to help global businesses comply with growing wave of e-invoice regulation.

Affirm updates underwriting with enhanced signals to better reflect consumers’ real-time finances.

AMLYZE partners with Vinted Pay as it expands payment infrastructure.

Digital banking

The State of Georgia Department of Banking and Finance has officially accepted Checkout.com‘s application for a Merchant Acquirer Limited Purpose Bank (MALPB) charter. 

Wio Bank unveils first UAE bank account for content creators.

Prometeo becomes a member of FDATA.

Open banking

Plaid welcomes Jelena McWilliams as its President of Corporate and External Affairs. 

Investing

Arcesium opens Hong Kong office to support growing APAC client demand.

BWT Alpine Formula One Team partners with eToro ahead of the 2026 season.

Small business solutions

Xero introduces enterprise-grade analytics to empower small businesses to make smarter, faster decisions.

Fraud and identity

SavvyMoney partners with Allstate Identity Protection to deliver fraud restoration services to customers.


Photo by John Robertson

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

2026 begins in earnest today as the first full working week of the year gets underway. Be sure to check in with Finovate’s Fintech Rundown over the next few days to get you up and running with the latest in fintech news and announcements!


Open banking

Flutterwave acquires African open banking infrastructure company Mono.

Credit and analytics

Experian announces availability of its commercial data via its Ascend platform.

Investing and wealth management

Universal Exchange (UEX) Bitget opens its TradFi trading suite to all users.

TradeStation unveils the upcoming launch of TITAN X, its next generation of its flagship trading platform designed for active traders.

Crypto and DeFi

Telcoin, a digital asset bank that just won final charter approval from the Nebraska Department of Banking and Finance, launches its eUSD stablecoin.

Kast, a financial platform built on stablecoin rails, expands global payouts to 11 new local currencies including GBP, EUR, and CAD, as well as a multiple currencies in the Asia Pacific region.

Insurtech

Zurich North America partners with modularized AI underwriting, data, and intelligent document automation workbench company Convr.

Insurance broker and risk management firm M3 Insurance turns to SimplePin to modernize its finance and accounting operations.

Commerce

Fiserv and Mastercard extend their partnership to advance agentic commerce for merchants, leveraging Mastercard’s Agent Pay Acceptance Framework at scale.

Swap secures $100 million in Series C funding to develop commerce solutions platform.

Lending

India-based digital lender Knight Fintech raises $23.6 million in Series A funding.

BMG Money unveils tightened controls and institutional capital-markets program to support the next phase of scalable growth.

Pluto Financial Technologies launches AI-powered lending platform purpose built for private markets.

Digital banking

Egypt’s Bank NXT partners with IBM and inspire for Solutions Development.

Sanibel Captiva Community Bank selects Jack Henry to modernize its technology and streamline operations.

Payments

Solutions by Text acquires Triple Play Pay to accelerate payments innovation and expand FinText payment capabilities.

Gr4vy selects Affirm to bring flexible and transparent payment options to merchants.

Paychex and PayPal team up to bring direct deposit alternatives into Paychex Flex perks.

Worldline launches One Commerce in the UK.

Chase to become new issuer of Apple Card.

DailyPay announces new $195 million senior secured revolving credit facility.

Blink Payment launches Card Present API to connect in-person payments.

Compliance

Ripple’s GTreasury acquires no-code financial automation, data management, and analytics solutions company Solvexia.

European Merchant Bank selects AMLYZE to strengthen compliance framework.

Onboarding

SMBC Americas selects Fenergo to transform client onboarding.


Photo by BoliviaInteligente on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Welcome to Finovate’s final Fintech Rundown of 2025! DeFi and crypto have dominated the fintech news in recent weeks, with some companies in the space launching stablecoins and stablecoin-related services, while others announce expansion into new markets. We will update this post over the next several days to keep you informed on the final big headlines of the year.


Investing and wealth management

An investor group led by Permira and Warburg Pincus has announced plans to acquire Clearwater Anaytics in a transaction valued at $8.4 billion.

DeFi and crypto

Coinbase launches Stablecoins-as-a-Service solution, Custom Stablecoins.

Cryptocurrency exchange Bybit re-launches in the UK.

SoFi launches fully reserved stablecoin.

US-based digital currency platform CoinFlip opens its Crypto Center in Mexico City.

AI

Pendo announces the general availability of its Agent Analytics solution.

Insurtech

AI-native commercial insurer Nirvana Insurance raises $100 million in Series D funding.

Payments

Visa and Aldar announce strategic collaboration and live implementation of end-to-end voice-enabled agentic payments.

Digital banking

Financial services software company Finastra announces opening of new offices in Atlanta and in Trivandrum, India.

Fraud prevention and financial crime

ComplyAdvantage partners with Sutherland to launch an AI-powered compliance solution for banks and fintechs.


Photo by Aaron Burden on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Making headlines this December morning is the launch of Sam Altman’s World, a self-proclaimed “super app” that offers crypto payments and encrypted chat functionality. Check out other fintech headlines as they break throughout the week below. We’ll continue to add more announcements as the week progresses.


Core banking and digital transformation

British Caribbean Bank goes live with Finastra Essence to transform core banking.

Capital Bank advances digital transformation with Diebold Nixdorf’s multivendor self-service software.

Thread raises $30.5 million to continue building the future of embedded banking.

Payments

YouTube launches option for US creators to receive stablecoin payouts through PayPal.

Maxio launches Maxio MCP to accelerate AI-forward finance with governed access to billing and revenue data.

Nayax partners with Unipaas to launch integrated card-present payments solution for UK SaaS platforms.

AI

Arcesium unveils new suite of AI features in Aquata to help institutional investors scale their AI strategies.

Crypto

Sam Altman’s World launches its “super app” that includes crypto pay and encrypted chat features.

Intiuit and Circle partner to enable USDC capabilities for faster, lower-cost, and global financial experiences across Intuit TurboTax, QuickBooks, and Credit Karma.

Business Solutions

Payroll, HR, and tax compliance solutions Greenshades Software to embed OnePay’s financial wellness tools right inside its platform. 

Basware acquires Australian provider of Accounts Payable (AP) automation software Redmap.

Lending

The MANTLAlloy partnership surpasses 2 million processed applications.

U.S. Bank Avvance expands embedded financing network with three new partners.


Photo by Cristina Glebova on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

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 earned competencies.

Credit Unions

Nuuvia’s CUSO secures $4 million investment from VyStar and Desert Financial Credit Unions.

Payments

TenPay Global broadens integration of international wallets to Weixin Pay.

FuturHealth selects Gr4vy to power smarter payment orchestration and boost authorization rates.

DLocal and Yuno expand partnership to simplify global expansion for modern enterprises in emerging markets.

DeFi

Coinbase and PNC partner to expand direct bitcoin access for clients.

Digital banking

10x Banking partners with audax to accelerate digital banking modernization across APAC and Europe, and Middle East.


Photo by Connor McManus