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Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

It’s a holiday shortened week in the US, with Independence Day (also known as the Fourth of July) just days away. With that in mind, we’ll keep you posted with all the fireworks in the fintech headlines this week here on the Fintech Rundown!


Payments

Philippines-based fintech Mynt readies for a $1.5 billion IPO for its mobile payments platform and mobile wallet GCash.

Maldives Premier Bank (MPB) partners with Finastra for its Financial Messaging API, enabling resilient, secure, always-on payment connectivity.

Paysafe joins Primer platform to streamline card payments for online merchants.

Investing

Education Community Alliance partners with InvestiFi for in-platform investing.

Financial wellness

Family technology company Greenlight launches its smart home display—Family Hub—to help families manage finances, chores, and more.

Lending

Baker Hill and Lumos, a specialist in predictive credit intelligence for small business lending, announce a partnership to help community banks and credit unions expand lending opportunities.

Financial services app Tabby secures a consumer finance license and a SME finance license from the Saudi Central Bank (SAMA.)

Identity and authentication

AI-native risk intelligence solution provider for financial crime and national security operations Quantifind secures $200 million in funding in a round led by Summit Partners.

Post-quantum authentication and digital identity solutions provider Wultra raises $7.75 million in Series A funding.

Agentic AI

Communication risk management platform for financial services Shield added new AI agents to AmplifAI, its agentic suite for digital communications surveillance and investigations.

AI transformation specialist Tavant launches its next-generation platform for agentic software engineering, data modernization, and enterprise AI automation.

Business finance

Canadian business finance platform Float Financial raises $60 million in Series C funding in a round led by Inovia Capital.

Xero introduces industry benchmarking intelligence for small businesses.

Fraud and risk

Shield introduces the a governed AI agent designed to close compliance alerts autonomously.


Photo by Ray Hennessy on Unsplash