Fintech
Fintech Rundown: A Quick Review of Weekly News
We’re starting the news week off with a bang, as Bain Capital announces it will take on Wealthtech and Finovate Investor private in a deal valued at $4.5 billion. Be sure to check back throughout the week for the latest fintech news and headlines.
Crypto / DeFi / Web3
Payment Orchestration Platform FinMont partner with Bitcoin and cryptocurrency payment services company, Payment via BitPay.
Monetary base spear new web app to help users better manage their digital asset portfolio.
Blockchain Payment Network Divider protects $60 million in Series B funding.
Wire AND Visa announce expanded partnership to promote Web3 payments.
Payments
MangoPay team up with European marketplace ManoMano to offer new payment features to marketplace merchants.
Allied Payment Network introduce new CFO Hank Vanjaria.
UK Payment Platform Payment Tax partner with Clear bank to access the UK payment system for local and cross-border transactions.
BNPL Company To assert team up with Canadian retailer RONA, allowing the store to offer flexible online payment options.
Singapore-based Fintech Qashier spear its payments-linked loyalty program, Treats.
TerraPay partner with Payment to improve customer experience.
Nala raises $40 million to build a B2B payments platform and expand remittance services.
Band reaches Valuation of $70 billion.
Clarify consider Goldman Sachs, Morgan Stanley and JPMorgan in key banking positions for potential 2025 IPO.
Payment Processor Caps lands $22 million.
Fears made a team with Visa to integrate Visa Direct with Temenos Payments Hub and make it available to banks via Temenos Exchange.
Investments and wealth management
Apex Fintech Solutions spear its real-time B2B investment infrastructure, Ascend for FinTech companies.
Bain Capital a acquire Investor for $4.5 billion.
InvestFi enters into a partnership with HiFin Technology.
Finance for small businesses
America First Credit Union it turns into Japanese medlar to improve small business member onboarding.
JP Morgan Payments select Slope to offer customers access to a short-term financing solution, leads the fintech’s new round of $252 million in combined debt and equity.
9 spokes spear Automated cash flow tool to help finance organizations improve financial information for SMBs.
Digital Bank
Digital wealth management solutions firm Quantifeed partners with banking technology firm Thinking Machine.
Digital Banking Solutions Provider Alcami receives certification from JD Power for its mobile banking platform.
Santander Bank introduce a new digital service for hearing-impaired customers that translates the bank’s website into British Sign Language (BSL).
Midges integrates with Q2’s Digital Banking Platform.
Trexis spear suite of digital banking solutions.
Anna Boden stops Starling Bank is betting on artificial intelligence.
Shiny fin spear Healthy spending apps that eliminate money anxiety.
Insurtech
Digital insurance company Lemonade spear new home insurance offer in the UK
Insurance partner with Integral Group Solution (IGS) to integrate the home services product into its integrated insurance platform.
Loan
Mexican Fintech OCN protects $86 million in Series A funding.
Open Bank
Salt edge spear the latest version of its Open Banking Gateway API, API V6.
Goldman Sachs’ alternative unit is first a consortium investing $540 million in a continuation vehicle created by VC firm NEA, which includes stakes in 11 NEA companies, including Plaid.
Views: 223