DSP Finance acquired Salter Technologies Pvt. Ltd., the parent entity of Volt Money, combining their operations in the secured lending space. The deal pairs Volt Money's digital lending platform with DSP Finance's balance sheet and risk management framework. DSP Group announced the acquisition on Aug 19, 2026.
Apex Fintech Solutions and Rippling announced a collaboration to deliver an integrated treasury product for Rippling's business customers. The deal embeds treasury and cash management services into Rippling's workforce management platform. Financial terms were not disclosed.
Candescent partnered with Google Cloud to integrate Gemini Enterprise AI into its Intelligent Banking platform. The cloud-native platform serves more than 1,300 banks and credit unions. The press release was published on Aug 19, 2026.
Infcurion launched a Credit Guarantee Option on its Xard card issuance platform on Jul 27, 2026. The feature lets businesses issue branded credit cards without in-house credit underwriting. Infcurion sets the credit line and absorbs non-payment risk, targeting B2B card issuance for corporations and sole proprietors.
Natural raised a $30 million Series A led by Forerunner Ventures on Jul 20, 2026. The round brings total funding to over $40 million for the fintech building payments infrastructure for AI agents. Banking services are provided by Column N.A., Member FDIC.
Jeonbuk Bank partnered with Ripple on Aug 18, 2026, to deploy Ripple Payments for cross-border remittances. The deal makes Jeonbuk Bank the first regional bank in Korea to use the platform. Target customers include import-export companies, IT startups, and online content creators.
Francisco Partners entered a definitive agreement to acquire Weave Communications at an equity valuation of approximately $650 million. Weave stockholders will receive $7.40 per share in cash, a 34% premium to the Aug 17, 2026 closing price. Upon completion, Weave will delist from the NYSE and become a private company.
Entities: Francisco Partners · Weave Communications
The European Union cleared Banco Santander and Centerbridge Partners to jointly acquire control of Ebury Partners. The approval was reported on Aug 18, 2026. Ebury is a fintech focused on FX and payments services for SMEs.
The People's Bank of China added eight commercial lenders to its digital yuan clearing system on Aug 17, 2026. The new banks include Ping An Bank, Hengfeng Bank, China Bohai Bank, and five city commercial banks. The additions bring the total number of accredited digital yuan operators to 30.
Aton partnered with NongHyup Mutual Finance to integrate its AI-based real-time anti-phishing solution, DefendUs, into the NH Kok Bank mobile app. The deal was announced on Oct 22, 2025. DefendUs detects malicious URLs across SMS and messaging platforms including KakaoTalk, Instagram, Telegram, and WhatsApp.
Ingenico secured €150 million from a PIMCO-led investor group on Aug 17, 2026. The capital will fund product innovation and customer operations across its cloud platform and Android device lines. The deal resets Ingenico's capital structure.
Stripe acquired OpenRouter, an AI model-routing platform, for more than $7 billion. Bloomberg confirmed the deal on Aug 16, 2026. OpenRouter operates a unified API gateway serving over 400 AI models to 8 million developers.
Synchrony announced an enterprise collaboration with OpenAI on Aug 17, 2026. The deal brings financing, rewards, and loyalty into AI-native shopping and checkout experiences. Synchrony will also launch a ChatGPT plugin for consumers to discover savings and offers from participating partners.
Paramotor Digital Technology partnered with NSDL Payments Bank to issue co-branded prepaid cards across India. The cards will support Paramotor's spend management, gifting, and loyalty platforms. NSDL provides the banking license and card issuance infrastructure.
Entities: Paramotor Digital Technology · NSDL Payments Bank
Siebert Financial Corp. announced an additional investment in FusionIQ on Aug 17, 2026, alongside a long-term transformation agreement. FusionIQ is a cloud-native digital wealth and investment technology provider. The deal expands the existing partnership between the two firms.
Afriex announced a sponsor and settlement banking partnership with Global Innovations Bank on Aug 17, 2026. The deal bolsters banking infrastructure behind Afriex's B2B PaymentsAPI. Afriex processes more than $600 million in annual payment volume.
Flagstar Bank selected Fiserv's Finxact as the foundation of its core banking modernization strategy. The cloud-native, API-first platform will replace legacy systems and serve as the system of record under Flagstar's S2 Platform initiative. Financial terms were not disclosed.
Wells Fargo announced plans to launch tokenised deposits for selected corporate and commercial clients this autumn, starting with USD-to-GBP transactions. The service will route eligible payments through tokenised deposits, supporting round-the-clock transfers and conditional payments.
MNT-Halan and Visa signed a partnership to expand prepaid card issuance in Egypt. Under the deal, MNT-Halan will issue Visa-powered prepaid cards integrated with its digital financial services platform. The agreement was signed at MNT-Halan's Cairo headquarters on Feb 08, 2026.
Klarna went live on J.P. Morgan Payments' Commerce Platform on Aug 6, 2026, bringing flexible checkout options to U.S. merchants. Merchants on the platform can now offer Klarna's pay-later options with no additional integration. J.P. Morgan Payments processes $2.6 trillion in merchant transactions annually.
Punjab National Bank has partnered with GYFTR under a three-year agreement to build a PNB-branded digital platform for select credit card customers. The platform will offer deals across shopping, food delivery, entertainment, dining and travel. GYFTR will develop and operate the platform.
Maximum raised a $30 million seed round led by CRV on Aug 03, 2026, to build an AI-native operating system for banks. Pear VC, Restive, Plug and Play Ventures, and Anthemis also participated. The Miami-based startup, founded by Randy Fernando, targets the legacy core systems still running at more than 70% of US banks.
US regulators approved a federal bank charter for World Liberty Financial, the crypto finance firm connected to the Trump family, on Aug 15, 2026. The charter gives the company a direct, supervised route into the US banking system. It replaces the need for partner banks and state-by-state licensing.
Blend and Frost Bank expanded their partnership on Oct 13, 2021, adding mortgage, consumer banking, and deposit products to Blend's platform. The two previously worked together on home equity loans and lines of credit. Frost Bank will now offer a unified digital experience across all consumer banking lines.