Back to Blog

Fintech Rundown: A Rapid Review of Weekly News

Fintech Rundown: A Rapid Review of Weekly News

Between FinovateSpring taking place in San Diego and a busy news cycle, last week was a blur. Let’s see what this week has in store! We’ll continue adding news to this post throughout the week, so stay tuned!


Digital banking

Digital banking solutions provider Apiture teams up with Cornerstone Advisors to help financial institutions use data more strategically.

Caro Federal Credit Union partners with Tyfone to Enhance Digital Experience.

Payments

Paysafe and Fiserv announce partnership expansion and initiatives to empower small and medium-sized businesses.

Blackhawk Network selects Coforge and ServiceNow to help with digitalizing and streamlining their dispute resolution management.

Ramp and Stripe deepen partnership to accelerate global commerce through stablecoin-backed cards.

Regulation

CFPB to withdraw 67 guidance documents.

Investing

Investing app Stash secures $146 million in Series H funding in a round led by Goodwater Capital.

Mortgagetech / Proptech

Egypt-based Nawy, the largest proptech in Africa, raises $52 million in Series A funding, as well as an additional $23 million in debt financing.

Financial literacy

Responsible lender Creditspring teams up with financial education platform Doshi.

DeFi / Crypto

US-based BitGo secures EU crypto custody license.

New Hampshire establishes Strategic Bitcoin Reserve, the first state in the US to do so.

Bhutan teams up with Binance and DK Bank to introduce a new nation-wide crypto payments system for tourists.

Dubai Finance inks a Memorandum of Understanding with Crypto.com to facilitate the payment of government services fees using cryptocurrencies.

Lending and Credit

Collections and credit risk management technology company AKUVO announces new partnerships with Sunrise Banks.