On Finovate.com

• PayActiv More than Doubles its Funding with Fresh $20 Million.

Around the web

• IdentityMind Global selects Oracle Cloud Infrastructure to host its trusted digital identities regtech platform

• Adobe launching Magento Payments with PayPal’s Braintree for payment processing.

• Tangerine partners with Meniga for digital banking.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.