The last couple of weeks have been full of merger and acquisitions. Will fintech continue its M&A streak this week? Stay tuned to find out. We’ll be adding the latest fintech news throughout the week as the space evolves.
Payments
Tencent partners with Visa to bring palm payment to Singapore.
UBS pilots new blockchain-powered payment system.
FOMO Pay teams up with Mastercard to enable contactless card acceptance through FOMO SoftPOS.
Viamericas launches real-time domestic cash-to-account transfer service in the U.S.
FIS and Oracle enhance utility billing experience.
Open banking
American Express and MX announce customer-permissioned data sharing agreement.
Business management tools
Procure-to-pay platform Vroozi appoints Dave Norton as President.
Agicap receives $48 million to grow its cash flow management platform.
ATMs and hardware
Coinstar launches digital wallet.
Travelex selects NCR Atleos to revamp ATMs.
Open banking
Fintech infrastructure company Lean Technologies secures $67.5 million in Series B funding.
Personal financial management
SmartBank lands $26 million for its personal finance management app.
Debt
National Debt Relief partners with Docsumo to fastrack debt settlements with AI.
Lending
Sunbit secures a $355 Million debt warehouse facility led by J.P. Morgan, Mizuho Bank, and Waterfall Asset Management.