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
