A holiday-filled week that began with Father’s Day, continues through Juneteenth, and brings us the first official day of summer.
Don’t be surprised if this week yields a lower than usual fintech news flow as the temperatures rise and the days stretch long. We’ll keep you posted if you decide to step outside and enjoy the season.
Payments
Uruguayan cross-border payment platform dLocal forged a partnership with Lithuanian gaming marketplace Eneba.
eBay adds Venmo as a new payment option.
Qatar-based Doha Bank and Mastercard enter a long-term strategic partnership.
Digital payments platform CleverCards raises $8.5 million (€8 million).
Shift4 acquires a majority stake in Vectron Systems, one of the largest European suppliers of point-of-sale (POS) systems to the restaurant and hospitality verticals.
Cryptocurrency and DeFi
Cryptocurrency exchange Bybit unveils support for Apple Pay on its Bybit Card.
Dennis Winter becomes Chief Technology Officer of Boerse Stuttgart Digital.
Velmie and Bitlocus partner to bridge the gap between traditional finance and DeFi.
E-commerce
E-commerce accounting platform Finaloop raises $35 million in Series A funding.
Digital banking
Spring Labs launched its AI copilot for fintechs, Raia.
Glia brings unified interaction capabilities to the mobile version of NCR Yoyix’s mobile banking app.
nCino unveils its new AI banking tool, Banking Advisor.
BBVA plans to launch a consumer digital bank in Germany according to a report in Bloomberg.
Personetics recognized by Celent as a Global Leader in Personal Financial Engagement (PFE) for Retail Banking.
3Rivers Federal Credit Union taps MeridianLink to enhance the member experience by offering digital lending and account opening.
Apiture launches Data Portal to enable community financial institutions to provide a personalized banking experience.
Lending
Real-time lending and payments solution provider Momnt introduces new CEO Chris Bracken.
Taktile and Ocrolus partner to unlock real-time underwriting for small business lenders.
Nova Credit partners with Royal Bank of Canada to help newcomers to Canada leverage their international credit history in Canada.
Gynger secures $20 million in Series A funding to revolutionize corporate technology purchasing.
Investing
Brokerage-as-a-Service platform DriveWealth introduces additions to its senior leadership team.
Investment data management firm Finbourne raised $69.8 million (£55 million) in Series B funding.
French wealth management and financial advisory firm Ramify secures $11.8 million (€11 million) in Series A funding.
Identity and fraud management
Digital identity and identity fraud prevention solutions provider Signicat launches Face Authentication on its flagship MobileID product.
Fideo launches to fight fraud using real-time intelligence.
Capital.com partners with Trulioo to deliver customer onboarding.
Compliance
Sumsub and Finastra partner to strengthen banking industry compliance.
