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