The news that both eToro and Klarna have put a temporary hold on their separate IPO plans tells you all you need to know about the level of concern over the new Trump Administration trade and tariff policy. Regardless of the next twists and turns in the stock market, Finovate’s Fintech Rundown will be here all week with the latest in fintech news and updates.
Payments
Bluefin boosts security, flexibility with addition of network tokenization to its ShieldConex Tokenization-as-a-Service and Orchestration platforms.
Indian payment orchestration platform Juspay raises $60 million in Series D funding.
Airwallex enables business to receive and hold funds in Israeli Shekels (ILS) via its Global Accounts and multi-currency wallet.
The Financial Stability Board (FSB) establishes Forum on Cross-Border Payments Data.
Flywire deepens collaboration with Ellucian to deploy software and payment solutions.
Blackhawk Network launches new, exclusive branded payment services to help brands build and fully capitalize on their gift card programs.
Investing
Apex Fintech Solutions forges multi-year strategic partnership with Google Cloud.
Daffy is using AI to reshape the future of charitable giving.
Apex Group acquires FTS Tech, a leading software provider for the private markets.
Fraud prevention
Brighter Consultancy and NTT DATA partner to bring an end-to-end financial crime offering to market.
Metro Bank leverages technology from Ask Silver to provide customers with instant scam detection.
Digital banking
Topicus launches composable banking platform, Akkuro.
Sparebanken Norge and Tietoevry announce strategic partnership.
Plinqit surpasses $3 billion in deposits, unveils new website.
BCU signs with Jack Henry to leverage its cloud-based platform to support its long-term growth and commitment to delivering strong member service.
Accounting
French accounting software company Pennylane locks in €75 million to help firms prepare for a migration to electronic invoicing.
Wealth management
Appli launches special pricing initiative for small Credit Unions.