Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Fine issued against Barclays · UK Payment Systems Regulator (PSR) · Jun 11, 2026
Partnership — Thredd and Sutton Bank Partner to Power U.S. Card Program Expansion · Jun 17, 2026
Product — Finmid and myPOS Launch Embedded Working Capital Finance for 90,000 Italian Merchants · Jun 16, 2026
M&A — Temenos Acquires Additiv to Add Embedded Wealth Orchestration · Jun 16, 2026
Funding — Interchecks Raises $50 Million Series C for Instant Payments Platform · Jun 17, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
HSBC partnered with Indian fintech Juspay to launch a full-stack acquiring platform for global digital merchants. The platform integrates payments processing, orchestration, and settlement into a unified solution. This reduces merchants' reliance on external middleware by combining HSBC's banking network with Juspay's payment technology.
Citi presented its Integrated Digital Asset Platform (CIDAP) at Sibos 2025 in Frankfurt as middleware for tokenization, custody, and blockchain connectivity. The platform enables reusable infrastructure for seamless client integration across digital asset services. This positions Citi as a banking-as-a-platform provider in the institutional digital assets space.
On September 29, 2025, the New York Department of Financial Services (NYDFS) issued guidance requiring state-chartered banks to obtain prior approval before engaging in virtual currency activities. The guidance extends blockchain analytics expectations to banks and tightens oversight of crypto-related banking services in New York.
Tipalti, a California-based finance automation platform, raised $200 million in growth financing. The funds will support AI agent development for procurement, invoicing, payments, and compliance. The investment underscores growing demand for embedded finance infrastructure at enterprise scale.
Jakarta-based fintech enabler Ayoconnect secured an undisclosed funding round led by Finch Capital. The company provides financial APIs to Indonesian enterprises, powering embedded finance integrations. Funds will be used to push toward profitability while scaling its API infrastructure.
Finastra launched a modern ACH solution integrated into its unified payment hub, helping banks future-proof their alternative payment capabilities. The product modernizes ACH processing infrastructure for banking clients. This strengthens Finastra's position in bank payment technology.
ABN AMRO and Techstars launched the 5th edition of their Future of Finance Accelerator in Amsterdam, selecting nine early-stage European fintechs from over 520 applicants. The program focuses on embedded finance, AI, decentralized finance, and financial health. Startups receive three months of in-person mentorship, go-to-market support, and funding connections.
First Fed Bank launched a new digital banking platform powered by Apiture, enhancing its business banking experience for customers of all sizes. The partnership provides First Fed with a modern digital banking infrastructure. Apiture continues to expand its community bank and credit union client base.
Branch launched Branch Embedded, a fintech platform providing pre-built embedded banking accounts, cards, and payments for workforce and gig economy use cases. The platform enables vertical SaaS platforms and gig marketplaces to integrate Earned Wage Access, 1099 payouts, and paycard options. Banking services are powered by Evolve Bank & Trust and Lead Bank.
Valley Bank launched an enterprise resource planning (ERP) banking solution powered by Koxa, embedding financial services into corporate clients' workflows. The partnership integrates banking capabilities directly into ERP systems. This targets corporate banking clients seeking streamlined financial operations.
Stripe launched Tempo, a blockchain network developed with Paradigm, designed for enterprise-scale stablecoin payments. The network targets tens of thousands of transactions per second with sub-second finality. This represents a significant push by Stripe into blockchain-based embedded finance infrastructure.
Lithuanian fintech Kashimi raised $1.36 million in pre-seed funding to expand its open banking payment infrastructure. The company offers a single API enabling account-to-account payments across European, UK, and US banks. It serves PSPs, lenders, and digital wallets with streamlined bank connectivity.
The OCC appointed Stephen Lybarger as Senior Deputy Comptroller for Chartering on September 9, 2025. He will oversee national bank and stablecoin issuer charter applications. The appointment signals the OCC's continued focus on accommodating fintech and crypto-native firms seeking federal bank charters.
U.S. Bank launched an embedded payroll solution integrated directly into its online banking platform for small business customers. The product allows small businesses to manage payroll within their existing banking experience. This represents a major bank embedding fintech-like payroll capabilities natively.
BaaS provider Synctera announced a partnership with lending platform LoanPro to deliver an integrated solution for banking and credit card products. The collaboration enables fintechs and banks to launch deposit and credit offerings via a unified platform. The partnership includes sponsor bank visibility, compliance, and regulatory support, streamlining the path for embedded finance programs.
Kamino raised funding to expand its embedded banking platform, which provides integrated financial services for businesses. The company's embedded banking model aligns closely with BaaS principles, offering API-driven accounts and payments infrastructure. The deal was part of a broader wave of fintech funding in September 2025.
Spare, a Riyadh-based open banking infrastructure startup, raised $5 million in a pre-Series A round. The company enables fintechs and businesses to build financial services through its open finance platform. The funding will accelerate product development and expansion of its API-driven banking infrastructure in the MENA region.
Gemba joined JPMorgan Chase's 12-week Fintech Forward Programme in September 2025, an accelerator providing early-stage fintechs with mentorship, networks, and scaling support. The program targets neobanks and digital finance startups. JPMorgan's involvement signals continued big-bank investment in fintech ecosystem development.
North Bay Credit Union, a $150M credit union, has expanded its global fintech sponsorship program to process $1 billion in monthly transactions through partners like Braid. The credit union leveraged compliance expertise from cannabis banking to build its sponsor bank business. This highlights how smaller institutions can compete in the BaaS sponsor bank space.
Cross River, a leading BaaS provider, launched Fedline Direct upgrades and a Postman API collection to streamline fintech integrations. The updates aim to reduce onboarding time for fintech partners building on Cross River's banking infrastructure. This reinforces Cross River's position as a core bank-fintech connectivity layer.
Saudi-based fintech Bwatech raised $16 million in a round led by Sharaka Financial to expand its digital bank guarantees, account management, and open banking platform. The company provides integrated banking infrastructure services in the MENA region. The deal reflects growing embedded finance activity in Saudi Arabia's rapidly developing fintech ecosystem.
Chase (JP Morgan) partnered with Nova Credit to leverage income and expense data along with international credit tools for underwriting. The partnership enables Chase to expand credit access using alternative data sources. This collaboration reflects the growing trend of major banks integrating fintech data capabilities into their lending processes.
Thread Bank chose Finxact from Fiserv as its core banking platform to power embedded banking strategies for community banks. The API-first platform will be integrated with Infinant's Interlace Platform for a modern embedded and core banking experience alongside payment processing.
Alloy's Embedded Finance platform won the Best KYC/KYB Innovation award from Datos Insights' 2025 Fraud & AML Impact Awards. The platform helps sponsor banks like Grasshopper Bank scale compliance and risk controls across fintech partners using a parent/child account model, automating fraud prevention for BaaS programs.