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

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

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 Signicat acquires Dutch NFC-based digital identity verification solutions provider Inverid.

Lending

Digital lending platform Yabx launches GenAI-powered voice solution designed to increase financial literacy among its underserved borrowers.

Billtrust unveils major collections software innovations.

Grasshopper Bank partners with Lendio to enhance SBA loan delivery with AI-powered tools.

Payments

Digital payments company Checkout.com goes live in Canada.

New QR-based payments platform QwikPay launches in Australia.

Cash App adds tap-to-pay for iPhone.

ICBA Payments and Visa renew partnership supporting community bank payments.

Finzly appoints its first Chief Financial Officer and Head of Partnerships to accelerate growth and expand market reach.

Wealth management

Weath management solutions company TIFIN unveils new multilingual LLM innovation hub in India.

Small business banking

Visa and TikTok team up to help founders of small businesses in the UAE access training, tools, and digital marketing advice.

Plaid joins forces with Xero for enhanced US bank feeds.

Insurtech

Saudi Arabia-based embedded insurtech platform Yasmina raises $12 million in seed funding.

Crypto and Defi

Crypto payments platform MoonPay announces support for 1-click cryptocurrency purchases via Revolut Pay.

Cryptocurrency exchange OKX integrates with PayPal to enable crypto purchases and deposits across the European Economic Area (EEA).

Digital banking

JP Morgan reportedly to charge fintechs for access to customer data according to a report from Bloomberg.


Photo by Floriane Vita on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

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

KeyBank launches its unified solution for the invoice-to-cash process, KeyTotal AR, powered by Versapay.

Workforce payroll company Papaya Global teams up with Worksome to launch a fully integrated Freelance Management System to help companies manage payments for contingent workforces.

Payments company PayJunction integrates with customer engagement platform Twilio.

London-based paytech Redpin brings 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.

Business payments platform Exactly.com expands to Spain.

Crypto and DeFi

Spanish banking company BBVA introduces its new Bitcoin and Ether trading and custody service.

Australian cryptocurrency exchange Coinstash secures $4.7 million in funding.

Tokenized real estate investment platform MetaWealth announces distribution of one million USD in yield income to token holders.

Card issuing and ledger infrastructure provider Episode Six partners with xMoney to enable crypto and fiat payments.

Lending and credit

Fintech platform Adyen launches Capital to help businesses on its platform offer fast and flexible financing to the SMEs they serve.

UK-based digital credit marketplace LoanTube unveils its SME brokerage platform.

Data and analytics platform for lenders, Ocrolus, announces expansion of its Inspect underwriting solution to boost quality control in lending.

Agentic AI solution provider for financial services companies and lenders MOGOPLUS has raised AU$1.5 million in funding.

Japanese banking group SBI goes live on nCino with its Credit Guarantee solution.

Flexys partners with CU Share to help credit unions enhance debt management for members.

Identity management and fraud prevention

IDnow and Keyless announce strategic partnership to provide secure authentication throughout the entire digital identity lifecycle.

Biometric identity verification and authentication solutions provider authID forges strategic partnership with identity verification and authentication provider Prove.

Investing and wealth management

Online brokerage TradeStation integrates with retail investor research tool and data company TipRanks.

Accounting

Practice management software provider Ignition integrates with practice intelligence platform Karbon.

Embedded accounting startup Layer secures $6.6 million in seed funding in a round led by Emergence Capital.

Insurtech

Central Asian digital banking ecosystem TBC Uzbekistan launches new insurance vertical, TBC Insurance.


Photo by Kadir Celep on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

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 Natech raises $33 million in Series B funding.

Core banking platform Tuum forges strategic partnership with Romanian bank maib. Tuum won Best of Show at FinovateEurope 2024.

Qonto files for banking license as it reaches 600,000 customers.

Fraud prevention

Trade surveillance and financial risk solutions company Eventus partners with trading platform Blue Ocean Technologies.

Credit and analytics

SaaS commercial credit bureau CreditProtect goes live with support from Experian.

Financial empowerment platform partners with transaction enrichment and insights and analytics specialist Bud Financial.

Crypto and DeFi

Identity and payments platform Bolt unveils Bolt Connect to streamline the onboarding process for merchants and integrate stablecoin payments.

Wirex announces that its Wirex Pay Chain is now supported on digital asset and payments infrastructure platform Fireblocks.

Cryptocurrency trading platform Kraken secures a Markets in Crypto Assets (MiCA) license in Ireland.

Small business solutions

Spend management platform Spendbase introduces new digital banking and virtual cards.

Payments

InComm and NCR Atleos team up to launch a suite of new self-service ATM solutions across the US.

Papaya Global works with Citi to enhance global payments ecosystem.

Yaspa receives $12 million investment for its instant payment and identity services.


Photo by Chris Hardy on Unsplash

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

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 Spreedly unveils a strategic enhancement to its platform via integration of Just-In-Time Card Updates for Visa Cards powered by Visa Account Updater (VAU).

Walmart-backed PhonePe prepares for $1.5 billion India IPO.

Nippon Yusen Kabushiki Kaisha (NYK) agrees to acquire salary payments partner Kadmos Holding. 

Shift4 to acquire Australian payments company Smartpay.

Digital banking

AI-powered conversations platform for community financial institutions (CFIs) Eltropy launches its Collections 2.0 Suite to help CFIs manage rising delinquency rates.

Banking technology company Thought Machine partners with technology services provider DXC Technology.

NayaOne forges a collaboration with Google Cloud.

Cloud-native core banking platform 10x Banking announces strategic partnership with Australian banking software and operations provider Constantinople.

Finom brings in $133 million (€115 million) for its small business banking platform.

Small business technology

Accounting software provider Xero agrees to acquire SMB billpay platform Melio.

SAP Taulia and PayMate partner to enhance payment flexibility for businesses.

Fraud and security

Financial crime compliance company ThetaRay teams up with East African financial services group, I&M Group PLC.

iDenfy partners with MN2S Label Services to enhance the identity verification process.

Wealth management and financial advisory

AI-driven financial planning and advice platform Quinn emerges from stealth with $11 million in seed funding.

Finovate Best of Show winner Trust & Will launches EstateOS, an intelligent platform for modern legacy planning.

Crypto and DeFi

Automated reconciliation and financial control solutions company AutoRek introduces its data management and reconciliation platform for cryptocurrencies and digital assets, Mion.


Photo by Nitin Dhumal

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

With Father’s Day behind us and the first official day of summer ahead, we keeping our eye on the fintech headlines as the summer news slump approaches. Be sure to check in with Finovate’s Fintech Rundown all week long for the latest announcements in the industry.


Open banking

Crypto / DeFi

Credit unions

Payments

Fraud prevention

Lending

  • Baker Hill unveils enhancements to its platform to help financial institutions better manage commercial real estate, CECL compliance, AI-driven compliance, agricultural spreading and financial analysis.
  • Vine Financial secures seed funding, forms Board of Directors.
  • African remittance startup LemFi buys UK card issuer.
  • AKUVO automates repossessions and adds RDN.
  • Finastra’s Filogix boosts Gen AI capabilities to empower mortgage brokers.

Digital banking

  • Digital banking solution provider for small businesses, Autobooks, introduces Autobooks Capital, powered by Fundbox, integrating business lending directly within the Autobooks platform.

Regtech


Photo by Josh Willink

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The calendar turned over to June yesterday, which means that there’s just one month left until the summer news slowdown. Here’s your jumpstart on June’s fintech news. We’ll continue adding news to this post throughout the week, so stay tuned!


Payments

European paytech provider Tribe Payments announces partnership with Singapore-based Treasury Operating System (TOS) Finmo.

Payments platform PXP partners with payment acceptance solutions company Castles Technology.

Splitit and Citcon team up to bring card-linked installment payments to international merchants.

Mortgagetech

Vontive receives $150 million revolving securitization from Citi.

Nova Credit integrates cash flow underwriting into Yardi’s resident screening solution.

GoodLeap unveils new comprehensive payment platform for contractors.

Challenger banking

Monzo reported revenue above 1 billion pounds ($1.35 billion) for the first time.

Accounting

Infosys BPM unveils AI agents to revolutionize finance and accounting services.

Data aggregation

Plaid collaborates with Visa to power smarter pay-by-bank experiences, launching first in the UK and expanding across Europe. 

DeFi

RedotPay joins Circle payment network to power crypto-to-fiat cross-border payments.

Financial inclusion

Financial Plus Credit Union announces partnership with Credit Mountain.

Lending and credit

Stratyfy and Parlay Finance forge strategic partnership to help community banks offer AI-powered lending solutions to their small business customers.

Marqeta announces collaboration with Perpay to power the firm’s credit card.

Fraud prevention

AU10TIX launches continuous AML risk monitoring.

Insurtech

Bamboo Insurance inks partnership with digital insurance platform ManageMy.


Photo by Boris Pavlikovsky


Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

As the holiday-shortened week begins, we’re learning that analysts expect UK hiring in fintech to boom in 2025. Meanwhile in the US, is the CFPB about to “86” open banking?

We’ll keep you covered on all the latest fintech news here in Finovate’s Fintech Rundown!


Payments

Fintech platform Adyen goes live with Tap-to-Pay on iPhone in seven European markets.

Flywire accepted into global luxury travel group Virtuoso.

Palla secures $14.5 million Series A funding to drive expansion and innovation in cross-border payments.

DeFi / Crypto

Worldpay teams up with BVNK to offer stablecoin payouts.

Volante Labs launches Volante Card, a Web3-enabled prepaid card for salary payments.

Cryptocurrency exchange Bitget unveils yield-bearing stablecoin asset, BGUSD.

Garanti BBVA Crypto goes live with its new mobile app.

Investing / Wealth Management

River Valley Credit Union partners with InvestiFi to offer cryptocurrency and securities investing.

Blend360 and Fin Capital partner to accelerate enterprise innovation.

Hidden Road launches digital asset swaps prime brokerage for the US market.

Identity management

Identity verification specialist Sikoia wins the 2024 Innovation Labs programme, along with Credit Canary and Aperidata.

Metro Credit Union partners with Illuma to enhance security and streamline member authentication.

Communications

Eltropy launches office phone to unify telephony for CFIs.

Customer data

Plaid introduces Transactions for Business to help power real-time business tools.

Fraud and security

ParaScript enhances check fraud detection capabilities with advanced endorsement reading feature.

Fenergo launches FinCrime operating system with Agentic AI layer to supercharge productivity.


Photo by Rohi Bernard Codillo

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

The UK is looking to regulate Buy Now, Pay Later lenders. Meanwhile in the US, the Consumer Financial Protection Bureau is reducing fines on previous enforcement actions. It’s a tale of two very different regulatory trends depending on which side of the Atlantic you’re on.

We’ve got the latest regtech news along with the rest of the top headlines in fintech right here in this week’s edition of the Fintech Rundown!


Payments

Ripple reports that Zand Bank and fintech platform Mamo have deployed its blockchain-enabled payments solution, the first UAE-based financial institutions to do so.

French fintech Next Generation chooses enterprise platform Fireblocks to power its payment ecosystem.

Global Payments unveils new POS command center for business operations, Genius.

PayPal launches its Complete Payments service in Singapore.

Albertsons Companies offers invoice-based payment for its business customers courtesy of its partnership with TreviPay.

AAA Life Insurance partners with payments network One Inc. to support digital payment processing.

Digital banking

Finovate Best of Show winner Tuum launches suite of Islamic Banking solutions to enable financial institutions to offer more Sharia-compliant banking products.

Fraud prevention

Money and safety app for families, Greenlight, introduces Family Shield to help caregivers protect seniors from financial fraud.

Identity verification and fraud prevention services provider AU10TIX launches continuous AML risk monitoring.

MRI Software integrates Nova Credit’s Income Navigator into its fraud prevention and application qualification solution.

DeFi / crypto

Non-custodial stablecoin wallet MiniPay is now available as a standalone application on iOS devices.

Investment / wealth management

U.S. Bank Global Fund Services turns to Fenergo to digitize and streamline its investor onboarding and service experience.

Regtech

Risk management company EverC launches its AI-powered risk assessment solution for marketplaces, Smart Scan.


Photo by Martin Damboldt

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Between FinovateSpring taking place in San Diego and a busy news cycle, last week was a blur. Let’s see what this week has in store! We’ll continue adding news to this post throughout the week, so stay tuned!


Digital banking

Digital banking solutions provider Apiture teams up with Cornerstone Advisors to help financial institutions use data more strategically.

Caro Federal Credit Union partners with Tyfone to Enhance Digital Experience.

Byline Bank expands payments and fintech banking group to support embedded payment solutions.

Payments

Paysafe and Fiserv announce partnership expansion and initiatives to empower small and medium-sized businesses.

Blackhawk Network selects Coforge and ServiceNow to help with digitalizing and streamlining their dispute resolution management.

Ramp and Stripe deepen partnership to accelerate global commerce through stablecoin-backed cards.

Regulation

CFPB to withdraw 67 guidance documents.

Investing and wealth management

Investing app Stash secures $146 million in Series H funding in a round led by Goodwater Capital.

Eton Advisors enhances rebalancing and trading with intelliflo redblack.

Mortgagetech / Proptech

Egypt-based Nawy, the largest proptech in Africa, raises $52 million in Series A funding, as well as an additional $23 million in debt financing.

Financial literacy

Responsible lender Creditspring teams up with financial education platform Doshi.

DeFi / Crypto

US-based BitGo secures EU crypto custody license.

New Hampshire establishes Strategic Bitcoin Reserve, the first state in the US to do so.

Bhutan teams up with Binance and DK Bank to introduce a new nation-wide crypto payments system for tourists.

Dubai Finance inks a Memorandum of Understanding with Crypto.com to facilitate the payment of government services fees using cryptocurrencies.

Lending and Credit

Collections and credit risk management technology company AKUVO announces new partnerships with Sunrise Banks.

The Roof Resource partners with Further, a Union Credit company, to bring credit union financing at point of sale.

Security and identity

Oregon State Credit Union partners with Illuma to deploy IllumaSHIELD voice authentication technology.

Plaid rolls out major upgrades to its Identity Verification (IDV) product.