Autumn does not officially arrive for a few more weeks. But for many of us, the end of the Labor Day weekend serves as a pretty good starting point for the fall season. We’ll be watching the headlines over the next few days here on Finovate’s Fintech Rundown to see if September brings the kind of acceleration in news activity that we’ve come to expect around this time of year.
And did we mention that FinovateFall is just days away? There’s still plenty of time to get your ticket and join us in New York, Monday, September 8 through Wednesday, September 10.
Crypto and DeFi
Cryptocurrency platform Gemini files for an IPO, seeking a valuation of as much as $2.22 billion.
El Salvador announces plan to divide bitcoin reserves into multiple wallets to defend against potential future quantum computing attack.
Digital banking
UK-based digital bank Zopa acquires AI-powered payments automation company Rvvup.
Payments
Payments network TrueLayer goes live in Poland.
Corporate payments company Corpay announces strategic partnership with independent software vendor (ISV) SKsoft.
Insurtech
Eleos Life launches AI-powered digital co-pilot for life insurance, Theea.
AI-native, third-party administrator for commercial insurance, Elysian, raises $6 million in seed funding in a round led by Portage.
Small business solutions
Expensify announces new integration with DoorDash for Business.
Credit and analytics
Chase selects Nova Credit’s Cash Atlas solution to power its cash flow underwriting capabilities, and the company’s Credit Passport to enhance decisioning with international credit data.
Photo by Aaron Burden on Unsplash