Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Guidance issued against All regulated financial firms · Financial Supervisory Service (FSS) · Jul 29, 2026
Partnership — FinWise Bancorp Expands BIN Sponsorship with New Prepaid Card Program · Jul 29, 2026
Product — Increase Launches FDIC-Member Increase Bank as Fintech-Focused BaaS Partner · Jul 29, 2026
M&A — PSQ Sells EveryLife for $5.5M to Focus on Payments Infrastructure · Jul 29, 2026
Funding — PEX Raises $160M in Debt and Equity for Spend Management Platform · Jul 28, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
Cashee, a mobile banking and financial education app for youth aged 6 to 18, is preparing to launch in Saudi Arabia with Arab National Bank (ANB) as its sponsor bank. ANB issues prepaid Visa cards for the platform under a BaaS arrangement. The launch builds on ANB's USD 3 million investment in Cashee in 2022.
Spare partnered with Xsquare to enable open finance-powered business payments. The collaboration focuses on account-to-account payment flows for B2B use cases. The partnership was announced on Jul 10, 2026.
Socure acquired Qlarifi, a BNPL consumer credit database, to build unified identity, anti-fraud, and BNPL credit infrastructure. The deal gives BNPL providers a deeper risk data layer and aims to help consumers build credit responsibly. Terms were not disclosed.
TA Associates made a majority growth investment in PairSoft, a procure-to-pay automation and payments provider, on Dec 17, 2025. Turn/River Capital fully exited its stake as part of the transaction. PairSoft serves more than 1,500 customers across North America and Europe.
Payfina and Member Access Processing (MAP) partnered on Jul 17, 2026, to expand embedded payments for credit unions. MAP is a CUSO and card-processing partner serving the credit union ecosystem. The deal focuses on digital commerce and payment infrastructure for cooperative institutions.
Visa announced the Visa Stablecoin Platform (VSP) on Jul 16, 2026, an enterprise platform for banks, fintechs, and payment providers to mint, manage, and move stablecoins. The platform initially supports Open USD (OUSD) from Open Standard. VSP includes onchain wallet infrastructure and connectivity into Visa's network.
Alpaca raised $135 million in a round led by Peak XV with participation from Elefund, Opera Tech Ventures, and Unbound. Total financing reached $435 million including debt from Payward and BMO. The capital will fund expansion of its brokerage API infrastructure across traditional and tokenized markets.
RS2 launched Beyond by RS2 on Mar 17, 2026, a digital payments brand built on its BankWORKS platform. The program lets fintechs issue cards and process payments across Europe under RS2's EMI license and Visa/Mastercard memberships. It combines card issuing and merchant acquiring on a single platform.
Stripe and Advent International made a joint offer on Jul 15, 2026 to acquire PayPal Holdings for more than $53 billion, a 28% premium to PayPal's closing price. The bid is backed by about $50 billion in committed bank financing. The two buyers would hold equal stakes without breaking up PayPal.
CSI acquired Qolo, a payments and treasury infrastructure provider, on Jul 14, 2026. The deal expands CSI's commercial banking and embedded finance capabilities. D.A. Davidson served as exclusive advisor to Qolo.
Oportun announced a lending partnership with Column N.A. on Jul 09, 2026. Column, a nationally chartered bank, will originate unsecured personal loans through Oportun's program. Oportun will provide the platform, including marketing, servicing, and program-support capabilities, subject to Column's oversight.
CIMB Group and PingPong signed an MoU on Sep 22, 2026, integrating CIMB's banking infrastructure with PingPong's global payments network for cross-border B2B payments. The partnership launches in Malaysia, with expansion planned across ASEAN. It covers payments, merchant financing, and white-label SME cards.
Lumin Digital raised over $115 million in new capital, combining $70 million from bank and credit union clients with a $45 million growth equity round led by Light Street Capital. The funding will support AI, payments, lending, and other product expansion areas. FT Partners advised on the transaction.
Nu Holdings received conditional approval from the OCC on Jan 29, 2025, to form a de novo national bank, Nubank, N.A. The charter would allow Nu to offer deposit accounts, credit cards, lending, and digital asset custody in the United States. Nu serves 127 million customers across Brazil, Mexico, and Colombia.
Grove, an on-chain credit infrastructure protocol, secured a $500 million warehouse lending facility from Galaxy Digital on Jul 15, 2026. The facility backs institutional lending and credit flows in tokenized environments.
Flute, a payments platform for small businesses, partnered with Jaris to launch working capital loans and instant payouts inside its dashboard. Funding decisions draw on merchants' existing Flute transaction history. Jaris brings over $1 billion in capital capacity to the offering.
PlexPay launched a patient finance and payments platform for healthcare providers, powered by U.S. Bank Avvance, an embedded point-of-sale lending solution. The platform combines merchant processing with patient financing at the point of care. U.S. Bank Avvance supplies the embedded lending rails.
JetBlue and ClarityPay launched a pay-later program embedding financing into the airline's booking and loyalty ecosystem. The program offers introductory 0% APR on terms up to 12 months and lets customers earn TrueBlue points on eligible purchases. Additional loyalty integrations are expected later in 2026.
PointsKash completed an all-stock acquisition of ChainBytes' proprietary software assets on Jul 10, 2026. ChainBytes founder Eric Grill joined PointsKash as part of the deal. The transaction expands PointsKash's software portfolio across financial kiosks, digital payments, cryptocurrency, and digital banking.
EFICYENT partnered with IME Limited to open a Nepal payment corridor. The MoU was signed on Jun 29, 2026 at EFICYENT's UAE office. The corridor enables real-time bank account and digital wallet payouts for customers sending money to Nepal across EFICYENT's global network.
The OCC approved Circle to establish First National Digital Currency Bank, N.A., operating as Circle National Trust. The national trust bank will provide fiduciary digital asset custody for Circle and its affiliates. Reserve management for USDC is planned as a future capability.
BNY announced an expanded relationship with Circle on Jun 29, 2026, adding stablecoin enablement services to its Digital Asset Custody platform. USDC is the first stablecoin supported, allowing BNY clients to store, transfer, mint and burn USDC. BNY also serves as primary custodian of USDC reserves.
NOBA Bank Group selected Tieto Banktech to implement Verification of Payee functionality across its brands. Finland is the first rollout market, with the platform designed to scale across all NOBA markets. The solution covers both EPC and Nordic VoP standards.
The Saudi Central Bank (SAMA) began licensing fintech companies to provide open banking services on Mar 26, 2026, after completing its regulatory sandbox phase. The program falls under the National Fintech Strategy tied to Saudi Vision 2030. It formalizes frameworks for bank-fintech collaboration on financial products.