FinovateFall may have wrapped up last week, but the fintech news cycle continues to roll on. Check out the latest happenings in banking and fintech below. We’ll continue adding news to this post throughout the week, so stay tuned!
Crypto and DeFi
Stablecore, which enables community financial institutions and credit unions to offer stablecoins and other digital assets, secures $20 million in funding.
Reliance Global Group (RELI) expands into cryptocurrency and blockchain-enabled insurance-linked assets.
Tether unveils USA₮, its US-regulated dollar-backed stablecoin.
Lending
Mobilization Funding launches Maximus, an all-in-one loan management platform for contractors and manufacturers.
Payments
Global payment orchestration platform Yuno launches NOVA, a series of AI agents that help remove friction from ecommerce transactions.
Payments network MoneyGram announces its mobile app featuring a digital, USD-backed stored value account for both fiat currencies and stablecoins.
HALA raises $157 million in Series B rounds led by TPG and Sanabil Investments.
Affirm live for in-store purchases with Apple Pay on iPhone.
Intuit and Clair partner to deliver on-demand pay.
Business financial management
DianaHR raises Seed round to bring HR-as-a-Service to SMBs.
Wealth management
SigFig rebrands as Tandems; rolls out AI-embedded tools.
Digital banking
Mercantile Bank selects Jack Henry to evolve its technology infrastructure, streamline operations, and support its long-term growth strategy.
Compliance & regulation
Arva AI and FairPlay partner to advance powerful and compliant agentic AI in financial services.
Insurtech
Insurtech Qover and Swiss insurer Helvetia announce in-depth collaboration to advance embedded insurance solutions.
Fraud prevention
WorkFusion raises $45 million to support development of agentic AI to fight financial crime.