With only two more weeks before the holiday season and 2025 take over the calendar, let’s make this one count. Last week’s news cycle was rife with funding and M&A activity. Will this week bring the same? Stay tuned to find out. We’ll add the latest fintech news throughout the week as the space evolves.
Digital banking
Revolut applies for NZ banking license.
SBS (formerly Sopra Banking Software) partners with Red Hat to accelerate digital transformation for financial institutions.
Wealthtech
German wealthtech startup NAO raises €3.4 million to make private investments more accessible across Europe.
Payments
Paytm sells PayPay stake to SoftBank for $279.2 million.
U.K.-based paytech platform Blink Payment inks partnership with enterprise resource planner (ERP) Business Pilot.
Fraud, security, and authentication
BioCatch integrates with Q2’s digital banking platform.
TurboCheck partners with biometric identity verification and authentication solutions provider authID.
Courtesy of its collaboration with Microsoft, ThetaRay launches its GenAI Financial Crime Detection Suite.
Business financial management
Swedish spend management solutions company Mynt raises $23 million (€22 million).
Insurtech
Brethren Mutual Insurance Company implements ClaimsPay from digital payments platform for the insurance industry, One Inc.
Photo by Matt Popovich on Unsplash