The calendar turned over to June yesterday, which means that there’s just one month left until the summer news slowdown. Here’s your jumpstart on June’s fintech news. We’ll continue adding news to this post throughout the week, so stay tuned!
Payments
European paytech provider Tribe Payments announces partnership with Singapore-based Treasury Operating System (TOS) Finmo.
Payments platform PXP partners with payment acceptance solutions company Castles Technology.
Splitit and Citcon team up to bring card-linked installment payments to international merchants.
Mortgagetech
Vontive receives $150 million revolving securitization from Citi.
Nova Credit integrates cash flow underwriting into Yardi’s resident screening solution.
GoodLeap unveils new comprehensive payment platform for contractors.
Challenger banking
Monzo reported revenue above 1 billion pounds ($1.35 billion) for the first time.
Accounting
Infosys BPM unveils AI agents to revolutionize finance and accounting services.
Data aggregation
Plaid collaborates with Visa to power smarter pay-by-bank experiences, launching first in the UK and expanding across Europe.
DeFi
RedotPay joins Circle payment network to power crypto-to-fiat cross-border payments.
Financial inclusion
Financial Plus Credit Union announces partnership with Credit Mountain.
Lending and credit
Stratyfy and Parlay Finance forge strategic partnership to help community banks offer AI-powered lending solutions to their small business customers.
Marqeta announces collaboration with Perpay to power the firm’s credit card.
Fraud prevention
AU10TIX launches continuous AML risk monitoring.
Insurtech
Bamboo Insurance inks partnership with digital insurance platform ManageMy.