The summer fintech news slowdown is coming soon, but it hasn’t taken hold yet. Fintech news picked up last week, with multiple funding rounds and product announcements. Stay tuned to read this week’s news as we post updates and evolutions.
Embedded finance
Cross-border payments platform PingPong unveils its embedded lending solution.
Digital banking
Dubai-based NOW Money raises $4 million in funding.
Lending
Netherlands-based BridgeFund turns to Mambu to enhance its SME lending operations.
Payments
Dash Solutions expands its collaboration with Visa to provide real-time money movement.
Payments platform ConnexPay launches its Intelligent PayOuts technology.
Curve appoints Nancy Yaffa as USA CEO.
Digital receipts company Slip raises £2.5 million in seed funding.
Shopify acquires Slack alternative startup.
Challenger banking
U.K.-based Starling Bank reported its third full year of profitability.
Digital identity
IDVerse makes its GenAI ID verification solution available on Temenos Exchange.
Financial compliance software provider Fenergo announces collaboration with essential business services company Vistra.
Fintracking launches pay-as-you-go platform for ID verification.
Regtech
U.S.-based merchant acquirer Merrick Bank forges strategic partnership with automation and compliance solutions provider Kompliant.
Wealth management
AI for financial advisors startup Jump raises $4.6 million.
Digital investment infrastructure provider WealthKernel forges partnership with wealth-building and educational platform Fint Invest.
eToro teams up with X to livestream financial education content on the social media channel.
Open banking
Canada-based open banking solutions provider Salt Edge announces partnership with Moldova’s Moldindconbank.
Insurtech
Mbank and Policybazaar.ae partner to empower customers with access to insurance solutions.
Credit reporting
TransUnion goes live with trended affordability data.
Fraud prevention
Account takeover prevention specialist SpyCloud raises $35 million in new financing.
Capital markets
FX and interest rate derivatives trading technology company Derivative Path launches new commodities trading capability, DerivativeEDGE Commodities.
Proptech and mortgagetech
Real estate investment management solutions provider Agora acquires Clearshift’s real estate division.
Small business finance
Bold Commerce announced its new upsell and cross-sell capabilities for Bold Subscriptions for Shopify Checkout through an integration with Bold Upsell.
Airbase launches advanced spend analytics and vendor management capabilities.
Photo by ROBIN WORRALL on Unsplash