Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Termination of Enforcement Action issued against Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch · Federal Reserve · Aug 25, 2026
Partnership — Revolut Japan Partners with Minna no Ginko via BaaS Banking Agency Agreement · Aug 25, 2026
Product — Absa Develops Embedded Payment Tool for Township Small Businesses · Aug 22, 2026
M&A — I-Remit Approves P20 Million Capital Infusion Into Surepay Technologies · Aug 22, 2026
Funding — Startup Embedd Raises Pre-Seed Investment Round · Aug 25, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
Grain, an Israel-based fintech, raised over $50 million across an $18 million seed round and a $33 million Series A led by Bain Capital Ventures. Aleph, Vesey Ventures and Hanaco Ventures also participated. The funds will support the launch of its API-based FX management platform for cross-border commerce.
Stitch raised $25 million in Series A funding led by Andreessen Horowitz on May 14, 2026. The round marks a16z's first investment in the GCC. Total funding now stands at $35 million, with Arbor Ventures, COTU Ventures, Raed Ventures, and SVC also participating.
Sturgis Bank, a Michigan community bank with 16 branches, partnered with MANTL to overhaul retail and business account opening across all channels. MANTL, an Alkami solution team, will deploy its full omnichannel onboarding suite. The platform automates more than 85% of application decisions.
Linkhome Holdings entered a definitive agreement on May 12, 2026, to acquire Mortgage One Group, a mortgage lender licensed in 18 U.S. states. The deal adds eight branches, roughly 30 loan officers, and an $18 million warehouse credit line to Linkhome's platform.
Turnkey, a US-based crypto wallet infrastructure provider, closed a $30 million Series B led by Bain Capital Crypto on Jun 10, 2025. Galaxy Ventures, Sequoia Capital, Lightspeed Faction, Variant, and Wintermute Ventures also participated. Total funding now exceeds $50 million.
National Australia Bank completed its acquisition of London fintech Banked on May 14, 2026. Banked's Pay by Bank platform bypasses card networks to deliver real-time, lower-cost payments. NAB Ventures had invested across three funding rounds starting in 2022 before converting its minority stake into full ownership.
equipifi closed a $34 million Series B on May 14, 2026, led by Left Lane Capital. Curql and PHX Ventures participated alongside all existing investors. The round brings total funding to $49 million and will fund product expansion and new financial institution partnerships.
Apex Fintech Solutions and Plaid announced a partnership on May 12, 2026, to streamline brokerage account transfers. The integration pairs Plaid's data connectivity with Apex's ACATS infrastructure and risk engine. The goal is to reduce transfer errors and delays for broker-dealers.
Augustus, formerly known as Ivy, received conditional approval from the OCC on May 11, 2026, to charter Augustus Bank, N.A. as a full-service national bank. Co-founder Ferdinand Dabitz, 25, will serve as CEO. The bank will focus on AI-native clearing for global financial institutions.
Spritz selected Modern Treasury to power its fiat and stablecoin payment infrastructure. The integration lets Spritz move funds between USD and USDC while supporting ACH, RTP, and push-to-card through a single API. Financial terms were not disclosed.
The North Carolina Bankers Association selected Stablecore as its preferred digital asset technology provider on May 14, 2026. The partnership covers over 80 member institutions and 2,000-plus branches. Member banks gain access to stablecoin, tokenized deposit and digital asset products through Stablecore's platform.
Lead Bank closed a $70 million Series B round on Sep 4, 2025, reaching a $1.47 billion post-money valuation. New investors ICONIQ and Greycroft joined existing backers Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures.
BBVA and OpenAI won The Banker's Best Bank-Fintech Partnership award on May 06, 2026, for their joint AI development agreement. The two companies are co-creating AI solutions with shared resources and dedicated teams. The Banker described the partnership as the first of its kind in the financial sector.
Thredd and Currensea renewed their partnership for four additional years, extending a relationship in place since 2019. Thredd provides issuer processing, tokenisation, and digital wallet infrastructure for Currensea's debit cards. The deal supports Currensea's expansion into co-branded rewards cards.
Coastal Financial added de novo Erebor Bank as a correspondent partner, disclosed in a slide in Coastal's latest earnings presentation. Erebor opened in February after receiving expedited charter approval. The bank is backed by PayPal co-founder Peter Thiel and Anduril founder Palmer Luckey.
Barclays Bank Delaware completed its acquisition of Best Egg, a direct-to-consumer personal loan platform, on May 1, 2026. The deal expands Barclays' U.S. personal lending capabilities alongside its existing credit card and deposit businesses. Best Egg will continue operating under its own brand.
Revolut partnered with Akahu on May 1, 2026, to use New Zealand's Open Banking framework for real-time automated credit card lending decisions. The integration gives Revolut access to applicant financial data, streamlining credit underwriting. Financial terms were not disclosed.
Fence raised a $20M Series A led by Galaxy Ventures to automate asset-backed financing workflows. The platform replaces fragmented servicing stacks with real-time facility rule enforcement. Fence counts BBVA, BlackRock, and Fortress among its clients and has $1.4B under administration.
Cari announced a partnership with Tassat on Apr 30, 2026, to acquire select Tassat technologies for its tokenized deposit network. The deal brings blockchain expertise validated in live U.S. banking environments into Cari's platform. Keefe, Bruyette & Woods advised Cari on the transaction.
WEX partnered with Extend to embed virtual card payments into SAP Concur Invoice for accounts payable automation. The integration lets WEX corporate card customers generate and settle vendor payments via virtual cards without leaving Concur. It adds granular transaction control and simplifies multi-currency payments.
Unum adopted J.P. Morgan Concourse to simplify healthcare insurance payments and achieve Nacha compliance. Concourse is part of J.P. Morgan's embedded finance offering. Financial terms were not disclosed.
Coastal Financial Corporation signed a non-binding term sheet with Evolve Bank & Trust to explore acquiring its BaaS program assets and deposits. The exploratory deal, announced around Apr 29, 2026, could consolidate two of the largest sponsor bank portfolios in the US.
OppFi will acquire BNCCORP and its subsidiary BNC National Bank in a $130 million cash-and-stock deal announced on Apr 29, 2026. The transaction creates a $2 billion-asset bank and gives OppFi a national bank charter. The deal is expected to close in the fourth quarter.
Kashable, a fintech using EQIBank's Banking-as-a-Service platform, closed a $60 million Series C round led by Goldman Sachs on Apr 28, 2026. The funding supports Kashable's employer-linked financial products built on EQIBank's cross-border banking infrastructure.