Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

We’re down to one week left in July, and I have a feeling August will bring a wave of news releases and updates as organizations rush to polish off objectives on their 2026 goal list. For now, here’s a look at the top news headlines for this week. We’ll continue to add more announcements as the week progresses.


Lending and collections

AKUVO announces 16 new customers in Q2 2026.

Open banking

Salt Edge invests in Sientia to expand the use of Open Banking for customer engagement.

Digital banking

Green Dot named a leader in earned wage access by Everest Group.


Photo by D R on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

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 banking

FIS 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 verification

Know Your Customer (KYC) orchestration platform Fourthline announces plans to merge with identity verification platform Veridas.

Payments

Payfinia 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 paytech Teya upgrades its offering with billpay and cashback cards.

Buckzy Payments and FinXP forge strategic partnership to enable cross-border payments for merchants in Europe.

DeFi

Crypto.com announces $400 million strategic investment from Citadel Securities.

Digital asset platform MoonPay acquires Glide for its deposit and payments technology.

Stablecoin infrastructure firm Cyclops secures $20 million in Series A funding in a round led by Nava Ventures.

Wealth management

Investment platform Stratiphy opens its public funding round.

Lending

Financial marketplace ClearScore partners with open-banking-powered lender Abound for its automated debt consolidated technology, Clearer.

Digital banking

Banking platform Lumin Digital raises more than $70 million in new capital from its own clients.

Business financial management

Spend management software company Expensify unveils ints new corporate Expensify Card for users in the UK and select countries in the EU.


Photo by Sam Williams on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Today is Bastille Day in France, which is also celebrating a World Cup semi-finals match against neighbor and rival Spain. We’ve got one eye on the pitch and the other on the latest fintech headlines. Be sure to check back here at Finovate’s Fintech Rundown all week long for updates!


Digital banking

Flex, a private banking platform for high-net-worth business owners, raises $70 million in funding.

ConnectOne Bank is building on nCino’s Agentic Operating System.

Corning Credit Union replaces weeks-long data requests with self-service search using Tursio.

Shoreline Hometown Credit Union launches Mahalo Banking’s Thoughtful Banking platform.

Stablecoins

Velocity, a stablecoin treasury and settlement platform, secures $38 million in Series A funding.

Stablecoin payment infrastructure company Confirmo unveils Subscribe, recuring payments solution for enterprise billing.

Business financial management

Business spend management innovator Expensify launches consolidated travel billing.

Digital identity

Identity-centric security specialist Entrust launches agentic AI trust accelerator to help businesses and integration partners build an identity and trust infrastructure for autonomous AI projects.

Wealth management

UK-based digital wealth management platform Moneybox announces plans for a secondary share sale at a £800 million valuation.

Payments

Financial software and technology company CSI is acquiring modern treasury solutions and payments infrastructure firm Qolo.

Branch expands earned wage access with new flex model and direct delivery options.

Shift4 and Global Blue launch Shift4 One, an all-in-one payment and tax free shopping solution.

LLM banking

Grasshopper now listed in Anthropic’s MCP directory.


Photo by Yiwen on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

After a thrilling weekend of World Cup matches, fans in the US are readying for this evening’s big contest against Belgium. To help you while away the hours until then, here’s a look at some of the top fintech headlines that are coming across our radar today. Be sure to check back with Finovate’s Fintech Rundown all week long for the latest updates.


Digital banking

Cloud-native core banking and payments platform Thought Machine surpasses $100 million total revenue milestone.

Digital banking platform for small businesses Bluevine expands its services to selected foreign-resident owners of US businesses.

Back office

VyStar Credit Union expands partnership with FMSI to advance branch performance strategy.

Agentic AI

BBVA completes its first AI agent-initiated transaction on behalf of a cardholder.

Caixabank initiates its first agentic shopping transaction.

Stablecoins

Standard Chartered launches new capability enabling institutional clients to access USDC minting and redemption.

Payments

PayPal joins the European Payments Council (EPC).

Tuition.io partners with ACHS.edu to support employee education and career growth.

Nium acquires Cypher, expanding its fiat-to-on-chain money movement infrastructure.

Much Better Adventures selects Gr4vy to orchestrate payments and support global marketplace growth.

Investing, wealth management, and PFM

SoFi acquires AI-based investing startup Composer.

Nigerian-founded financial services fintech LemFi secured regulatory approval to acquire investment platform Wealth8.

Greenlight launches Greenlight Family Hub device, Greenlight Financial CUSO surpasses 100 Credit Union partners.

Identity and authentication

Signicat and TrustTech team up to introduce reusable identity to European digital wallets.

Visa unveils threat intelligence platform to bolster cyber and fraud defense.

Lending and financing

Aria closes €7 million equity round and launches €240 million debt facility to scale invoice financing across Europe.


Photo by Fauzan Saari on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

It’s a holiday shortened week in the US, with Independence Day (also known as the Fourth of July) just days away. With that in mind, we’ll keep you posted with all the fireworks in the fintech headlines this week here on the Fintech Rundown!


Payments

Philippines-based fintech Mynt readies for a $1.5 billion IPO for its mobile payments platform and mobile wallet GCash.

Maldives Premier Bank (MPB) partners with Finastra for its Financial Messaging API, enabling resilient, secure, always-on payment connectivity.

Paysafe joins Primer platform to streamline card payments for online merchants.

Investing

Education Community Alliance partners with InvestiFi for in-platform investing.

Financial wellness

Family technology company Greenlight launches its smart home display—Family Hub—to help families manage finances, chores, and more.

Lending

Baker Hill and Lumos, a specialist in predictive credit intelligence for small business lending, announce a partnership to help community banks and credit unions expand lending opportunities.

Financial services app Tabby secures a consumer finance license and a SME finance license from the Saudi Central Bank (SAMA.)

Identity and authentication

AI-native risk intelligence solution provider for financial crime and national security operations Quantifind secures $200 million in funding in a round led by Summit Partners.

Post-quantum authentication and digital identity solutions provider Wultra raises $7.75 million in Series A funding.

Agentic AI

Communication risk management platform for financial services Shield added new AI agents to AmplifAI, its agentic suite for digital communications surveillance and investigations.

AI transformation specialist Tavant launches its next-generation platform for agentic software engineering, data modernization, and enterprise AI automation.

Business finance

Canadian business finance platform Float Financial raises $60 million in Series C funding in a round led by Inovia Capital.

Xero introduces industry benchmarking intelligence for small businesses.

Fraud and risk

Shield introduces the a governed AI agent designed to close compliance alerts autonomously.


Photo by Ray Hennessy on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

We have officially entered the final week of June, which marks the ending of the first half of 2026. As we close out the first six months of this year, here’s a look at the top news headlines for this week. We’ll continue to add more announcements as the week progresses.


Payments

Nuvion teams with Visa Direct to strengthen real-time global payout capabilities for businesses operating across borders.

Bankaktiebolaget Nordiska (Nordiska) partnered with Finastra’s Swift Service Bureau to enhance access to the global Swift network and Sweden’s central payment rails.

E-commerce, banking, and payments ecosystem Bir teams up with payments platform Paysend to launch international money transfers in Azerbaijan.

Investing

BitDelta Pro selects Iress to power multi-asset trading platform.

AI in Banking

Lloyds targets more than 1,000 new AI roles as it expands agentic AI capability.

Santander empowers employees with AI in order to generate €1 billion in business value.

Embedded finance

Embedded B2B payments infrastructure provider TransferMate inks a strategic partnership with AI-native, agentic, source-to-pay spend management platform Raindrop Systems.

Debt markets

9fin appoints Amit Lalwani as Chief Revenue Officer to lead next phase of global growth.

Small business banking

Rippling launches Business Banking for same-day payroll processing.

DeFi

Blockchain data platform for enterprises Allium raises $40 million in Series B funding.

Ripple receives preliminary approval for its Crypto Asset Service Provider (CASP) license in the EU.

Open finance

Open finance infrastructure provider Spare announces a strategic partnership with UAE-based property technology platform Rewa.

Lending

AI-native loan origination platform for community and regional banks Lama AI raises $20 million in Series A funding.

Credit unions

Jordan Credit Union chooses Mahalo Banking for its Thoughtful Banking platform.


Photo by Luis Quintero

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

After rumors swirled last week about Nuvei’s plans to acquire Payoneer, the deal has been made official this week. Nuvei has agreed to acquire the global payments solutions company for $2.75 billion to bolster its payments infrastructure. There’s plenty of other fintech news to catch up on this week, so we’ll continue to add more announcements as the week progresses.


Digital banking

CorTrust Bank selects Jack Henry to provide for local communities with competitive, flexible offerings.

Glia launches AI outreach as a growth engine for banks and credit unions.

Fiserv appoints Takis Georgakopoulos CEO.

First American Bank and Trust taps Jack Henry Technology to power next phase of growth.

Payments and commerce

Nuvei to acquire Payoneer for $2.75 billion.

Coinbase’s new tool can help agents trade and pay for premium research.

PayNearMe announces launch of Cash App Pay for real-money gaming.

CheckAlt joins U.S. Bank Connected Partnership Network to expand access to integrated receivables solutions.

Adyen announces Adyen Agentic as the universal translator for the next era of commerce.

Financial literacy

Barclays to acquire GoHenry.

Lending

AKUVO launches AKUVO IQ, a new portfolio intelligence solution.

Small business banking

Mercury launches Command, a new way to run business banking.

Brex and Tekion partner to bring embedded spend management to the modern auto dealership.

Fraud and compliance

Shield extends the compliance perimeter to AI-generated records and image-based content.


Photo by Marina Leonova

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Finovate’s Fintech Rundown is back with the fintech headlines you need to know as the working week begins!

We’ve got news of a funding in the consumer financing world, new products for financial wellness and credit trading, a collaboration in the money movement market and more. Be sure to check back all week long for the latest in fintech headlines.


Financial wellness

The US arm of BMO launches an new app developed by MSN Holding, DollarGPS, to help users improve their financial health.

Lending

Egyptian Buy Now, Pay Later firm Blnk raises $37 million in combined debt and equity funding.

Digital banking

Backbase announces a strategic collaboration with Mastercard to integrate its money movement capabilities, Mastercard Move, into Backbase Banking OS.

Credit, data, and analytics

TP ICAP unveils new credit trading and data platform, RealQ.

Credit intelligence platform Octus acquires LevPro, a front-office software provider for public and private credit markets.

Agentic AI

Spend management software provider Expensify launches Expensify MCP, a new integration that enables AI assistants and other MCP-compatible clients to securely access Expensify data via natural language queries.

Payments

Wallester UK secures authorization from the UK Financial Conduct Authority (FCA) as an Electronic Money Institution.

XTransfer and Societe Generale team up to streamline cross-border payments.

Aeropay integrates with Jack Henry to grow its real-time, pay-by-bank infrastructure in the US.

Financial crime and fraud prevention

Klarna offers in-app inbox that consolidates all official communications in an effort to keep customers safe from impersonation scams.


Photo by Sergey Shmidt on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The first month of summer is upon us! Whether your plans over the next several weeks include time away in exotic locations or sticking to the grindstone, Finovate’s Fintech Rundown is here with the fintech news you need to know. Be sure to check back all week long for the latest updates!


Lending

Finastra launches Data Insights 2.0, an analytics solution that helps lenders transform complex data into actionable insights.

Baker Hill launches one-click loan participation exchange with Participate to help financial institutions scale commercial lending.

Experian brings personal loan shopping to ChatGPT with new AI-powered experience.

Cross River extends $250 million forward-flow commitment for Figure’s crypto-backed loans.

Lili embeds business credit solutions to help small businesses access capital faster.

Embedded finance

Embedded payments and financing solutions provider Adyen teams up with venue management platform ROLLER.

Germany embedded finance fintech Riverty secures regulatory approval for a Luxembourg banking license and plans to initiate operations in July 2026.

Agentic AI

Saris, an agentic workflow platform for banks and credit unions raises $28.8 million in funding.

Open finance

The Bank of International Settlements (BIS) and the Global Legal Entity Identifier Foundation (GLEIF) demonstrate new identify verification strategies for SMEs using open finance to initiate cross border payments.

Digital banking

Jack Henry partners with Woodforest National, a $9 billion, multi-state bank based in The Woodlands, Texas.

Brazil’s Nubank introduces new offering for customers between 16 and 18 years old called NuCel that combines 5G mobile connectivity with a savings feature.

Payments

European Pay by Bank network TrueLayer acquires Dutch consumer payments company In3.

Finix and Cybersource announced a new integration to modernize merchant payments.

PingPong and Visa partner to launch new card-to-account, B2B payment solution.

Investing

AlphaSense raises $350 million at $7.5 billion valuation.


Photo by Sean Oulashin on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

If you’re in the US, you may be pouring an extra cup of caffeine after an activity-filled long weekend. While you were away, however, the rest of the fintech world kept moving. This week, we’ll continue to add more announcements as the week progresses.


Payments

Marqeta expands account and money movement offering in Europe, building on strong regional momentum.

PlayHQ partners with Gr4vy to power payments across global markets.

Mastercard renews its partnership with CIB, the largest private sector bank in Egypt.

ClearBank Europe launches Digital Asset Rails to unlock programmable liquidity for cross-border flows.

Business financial management

Coupa acquires Tonkean to accelerate agentic intake and orchestration for global trade.

Fraud and identity

INETCO surpasses 100 billion annual transactions as demand for payment fraud protection soars.

Nigerian cybersecurity and compliance company SmartComply launches in the UK.

Agentic AI

Agentic finance startup Catena Labs raises $30 million in Series A funding.

Wealth management

FIS and InvestCloud team up to launch AI-powered wealth management solution.

DeFi and stablecoins

Coinbase re-launches direct deposit option.

Mastercard granted New York State Department of Financial Services BitLicense.

Digital banking

Monzo offers a new telco plan offering discounts every year


Photo by Donald Tong

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The second half of May begins with raft of announcements highlighting continued innovation with—and investment in—both stablecoins and AI. Be sure to check back here at Finovate’s Fintech Rundown for the latest in fintech news and headlines.


Payments

National Australia Bank acquires account-to-account payments platform Banked.

equipifi raises $34 million to help banks offer embedded Buy Now, Pay Later payment options.

Fraud prevention

Mitek Systems announces that its Mitek Verified Identity Platform is now available on FICO Marketplace.

Credit unions

State Employees’ Credit Union (SECU) partners with credit union core processor Corelation.

Stablecoins

Tether, the issuer of stablecoin USDT, announced an investment in cross-border remittance platform LemFi.

Digital Assets Clearing Center raises $10 million in funding.

Stablecoin-powered digital banking and investment platform Fasset secures $51 million in Series B funding.

Open Finance

The Centre for Finance, Innovation, and Technology (CFIT) introduces its Open Property roadmap.

AI

OpenAI releases a preview of its personal finance suite courtesy of its integration with Plaid.

Swiss-based digital asset bank Sygnum tests AI agents on live on-chain transactions with a “human-in-the-loop” design.

Fiserv launches agentic AI operating system AgentOS.


Photo by Abbe Sublett on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

It’s the Monday after FinovateSpring, which means there are plenty of new ideas about the future of banking and fintech to talk about. Meanwhile, the news keeps flowing. Here are the top fintech news highlights from the week. We’ll continue to add more announcements as the week progresses.


AI tools

Nscale secures $790 million in financing to support AI infrastructure buildout in Norway.

Experian launches its “Know Your Agent” service, Experian Agent Trust.

Payments

Wise debuts US listing on Nasdaq.

Paymentology raises $175 million.

AdvicePay celebrates its 10-year anniversary.

Global Payments unveils AI-first handheld built for the future of commerce.

Loyalty and rewards

Ualett launches Ualett Rewards to give back to gig workers.

Digital banking

A pair of Finovate Best of Show winners—core banking platform 10x Banking and provider of deterministic AI for legacy system understanding Tweezrannounce a partnership to make core transformation easier.

Fintech startup Parkerfiles for bankruptcy.

InstaSwitch launches account activation infrastructure for business banking and announces $4.7 million in funding.

Augustus receives OCC conditional approval to charter the first clearing bank for the AI era.

Atos and Backbase to accelerate secure, AI-native banking across regulated markets.

Credit unions

VyStar Credit Union selects Diebold Nixdorf to modernize and manage its self-service network of ATMs.

Small business tools

Xero integrates with Claude.


Photo by Shamia Casiano