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.
FIS announced Lyriq, a platform that lets banks issue and manage tokenized deposits and digital currencies on their own balance sheets. It integrates with existing core banking systems and supports 24/7 settlement. FIS has completed seven proof-of-concepts with financial institutions globally.
XBO.com announced a partnership with Bank Frick on Apr 29, 2026. The deal gives XBO's corporate clients access to fiat on/off-ramp services and multi-currency IBAN accounts through Bank Frick's banking infrastructure. The two firms had an existing working relationship that this announcement formalizes.
Utorg partnered with Wirex BaaS on Apr 8, 2026, to embed non-custodial card issuance, EUR and USD IBAN accounts, and real-time crypto-to-fiat conversion into the Utorg App. The integration serves Utorg's 2M+ users across 190+ countries. Wirex provides the full infrastructure stack through a single API.
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.
Ministry Brands launched embedded payments powered by AvidXchange's Accounts Payable as a Service solution on Apr 27, 2026. The integration brings payment automation directly into Shelby Financials and Ministry Brands Accounting. Around 90,000 churches and nonprofits gain access to the embedded payment workflow.
Aven launched the Bitcoin Visa Card on Apr 27, 2026, letting BTC holders borrow up to $1M without selling. BitGo provides custody; Coastal Community Bank issues the card. Terms start at 7.99% APR with plans up to 10 years and unlimited 2% cash back.
Payfuture and Profee announced a partnership on Apr 28, 2026, to enable INR-denominated payouts into India via local payment rails. Profee will use Payfuture's infrastructure to deliver funds to individual and business recipients. The partners plan to scale the arrangement across the wider Indian subcontinent.
Qolo expanded its partnership with KeyBank on Apr 28, 2026, launching Key Virtual Card (KeyVC), a virtual commercial card program. KeyVC integrates with KeyBank's Virtual Account Management platform. Qolo provides backend BaaS technology for issuance, processing, fraud monitoring, and disputes.
Capacity acquired DevRefactory, a customer experience software platform specializing in omnichannel journey orchestration and embedded middleware. Hyde Park Capital served as exclusive investment banker to DevRefactory on the sale. Shumaker, Loop & Kendrick acted as legal counsel.
Kiwe received final approval from the Central Bank of Egypt to launch its app and card in the Egyptian market. The platform was developed in partnership with Banque Misr, Visa, Meeza, and ModuPay. Kiwe is preparing for a 2026 launch with plans for additional financial products.
Comfi, a UAE-based B2B embedded finance platform, raised $65 million in a pre-Series A round combining equity and debt on Apr 27, 2026. Iliad Partners led the equity portion. The funds will scale B2B BNPL and working capital products for SMEs across MENA.
Mercury received conditional approval from the OCC on Apr 27, 2026, to establish Mercury Bank, N.A. as a nationally chartered bank. The fintech serves over 300,000 businesses and individuals. The charter will let Mercury offer Zelle, expanded lending, and deeper payments infrastructure directly.
Ant International integrated PayTo into its Global Account Service in Australia on Apr 27, 2026, with Citi as the initiator sponsor bank. The service lets Australian export SMEs pull funds in real time from local bank accounts to top up their WorldFirst World Account. Financial terms were not disclosed.
South Korea's Kbank partnered with Ripple on April 27, 2026, to pilot blockchain-based cross-border remittances. The test uses Ripple's distributed ledger technology to explore faster, cheaper international payment rails. The deal marks a bank-blockchain fintech tie-up in the APAC region.
Banking Circle launched fiat-to-stablecoin and stablecoin-to-fiat settlement services, enabling instant settlement across traditional and blockchain rails. The launch followed the company's receipt of a CASP license. Banking Circle serves banks and payment service providers.
Credit One Bank partnered with Bright Money to launch embedded credit card offers within Bright Money's app and website. The integration reaches over 1 million users with personalized card offers via an AI-driven flow. Credit One is the first card issuer to distribute embedded offers on the platform.
LendingClub began underwriting and originating home improvement loans through a new partnership with Wisetack, a platform embedded with over 40,000 contractors. Loans up to $65,000 are offered at the point of sale. LendingClub also made an investment in Wisetack to accelerate the relationship.
Customers Bank signed a multiyear deal with OpenAI on Apr 27, 2026, to deploy AI across commercial lending, deposits, and payments via its cubiX platform. The bank aims to reduce loan closing times from 30-45 days to roughly 7 days. Human client relationships will be maintained alongside automated processes.
Lianlian DigiTech and London-based USI Money announced a partnership at Money20/20 Asia on Apr 21, 2026. The deal focuses on cross-border remittance and foreign exchange services. Both firms will combine technology and resources to offer a one-stop payment and collection solution for global businesses.
Gulf Bank renewed its partnership with Mastercard to continue using advanced payment technologies and global payment capabilities. The agreement covers digital payments expansion, transaction security, and customer banking solutions. Financial terms were not disclosed.
Green SM Laos and Star Fintech Sole Co., Ltd (Umoney) signed a Payment System Integration Agreement on Apr 24, 2026, in Vientiane. Umoney will be embedded as a payment method inside the Green SM app. The two companies also signed a cooperation agreement to build a joint mobility and digital finance ecosystem in Laos.
Salmon, a Philippines-based financial services holding company, raised $100 million in a funding round. The capital comprised $60 million in equity and $40 million in public bonds. The company is building a technology-driven banking and lending platform across Southeast Asia.
ACI Worldwide launched ACI Connetic for eight U.S. payment networks on a single cloud-native platform. The product connects Fedwire, CHIPS, SWIFT, RTP, Zelle, FedNow, and stablecoin and tokenized-deposit rails. ACI targets banks running parallel systems across multiple rails.
Monument Technology partnered with Castle Trust Bank to deploy its cloud-native Banking Platform as a Service across the bank's savings business. The deal marks Monument's first client win with a UK-regulated bank. Migration is under way and expected to complete in early 2027.