Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Licence Revocation issued against Paytm Payments Bank · RBI · Apr 26, 2026
Partnership — XBO.com Partners with Bank Frick for Fiat On/Off-Ramp and Corporate Banking · Apr 29, 2026
Product — FIS Launches Lyriq Platform for Banks to Issue Tokenized Deposits · Apr 29, 2026
M&A — OppFi Acquires BNCCORP and BNC National Bank for $130M · Apr 29, 2026
Funding — Kashable Raises $60M Series C Using EQIBank's BaaS Platform · Apr 29, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
Ebury became the first fintech company to go live with SWIFT's global payments innovation (gpi) service. This milestone extended SWIFT gpi payment benefits to consumers, NGOs, and SMEs. The integration marked a significant infrastructure development bridging traditional banking payment rails with fintech distribution.
The World Bank priced its first global blockchain bond (bond-i), raising A$110 million. The platform uses distributed ledger technology for debt issuance, allocation, transfer, and management. Commonwealth Bank of Australia arranged the transaction, demonstrating blockchain's potential in capital markets infrastructure.
Unity Bank, a US community bank, selected Finastra's Total Lending solution for commercial, consumer, and agricultural lending. The platform integrates with Unity Bank's existing Fiserv core banking system. The deal aims to streamline lending processes across multiple loan categories.
Irish digital banking technology developer Leveris received a strategic investment from Link Asset Services to enhance its core banking platform. Leveris provides modular digital banking infrastructure covering lending, deposits, and card issuance. The partnership combines Leveris's technology with Link's outsourcing expertise to serve banks and financial institutions.
US-based payment processor iPayment officially rebranded as Paysafe on August 15, 2018, following its acquisition by the Paysafe Group. The rebrand unified iPayment's merchant services under the Paysafe brand. Paysafe's broader ecosystem includes partnerships with embedded finance players such as viafintech and Solarisbank.
BMO Harris Bank launched a partnership with fintech startup SpringFour through its BMO Harris/1871 FinTech Partnership program. SpringFour's financial wellness platform was integrated into the bank's website, connecting customers facing financial difficulties with local nonprofit resources. The partnership aims to reduce delinquencies and improve customer engagement through zip code-based resource search.
The Hong Kong Monetary Authority (HKMA) published an Open API framework for the Hong Kong banking sector, establishing a phased approach for banks to share data with third-party fintech providers. The framework aimed to foster innovation in embedded finance and fintech-bank collaboration. It represented a significant regulatory push toward open banking in the APAC region.
SolarisBank partnered with ABN AMRO subsidiary Moneyou to enable rapid seven-minute loan approvals for German clients via a white-label banking model. SolarisBank provided the BaaS infrastructure while Moneyou offered the branded customer-facing experience. The deal exemplified the growing trend of established banks leveraging fintech partners for digital lending.
German open banking platform Deposit Solutions raised $100M at a $500M valuation, led by Vitruvian Partners with backing from Peter Thiel's e.ventures. The company operates a platform enabling banks to offer third-party deposit products to their customers. The round positions Deposit Solutions as a major player in open banking infrastructure connecting banks and savers across Europe.
The Office of the Comptroller of the Currency announced it would begin accepting applications for special purpose national bank charters from nondepository fintech companies. The policy covers fintechs engaged in core banking activities such as lending, paying checks, or taking deposits. This landmark decision opened a formal pathway for fintech firms to operate under a national bank charter without requiring FDIC deposit insurance.
Luma Financial Technologies launched an open architecture electronic platform for structured products and annuities, backed by Navian Capital, Bank of America Merrill Lynch, and Morgan Stanley. The multi-issuer platform is available to any distributor, providing independent access to structured financial products.
KeyCorp partnered with Ingo Money to launch Ingo Push, an instant payments platform enabling businesses to disburse funds digitally from checks and ACH. The platform targeted the replacement of paper-based disbursements with real-time digital push payments.
Even Responsible Finance, a fintech partner embedded within Walmart's employee benefits ecosystem, raised $40 million led by Khosla Ventures. Even provides money management tools to Walmart employees, enabling early wage access and budgeting. The deal highlights the growing embedded finance trend where fintechs partner with large employers to deliver financial services at the point of employment.
Visa launched Visa Loyalty Solutions, a white-label digital loyalty platform for issuing member banks in Latin America and the Caribbean. Developed in partnership with novae, the platform enables banks of any size to offer branded rewards programs with mobile app, web portal, and multi-channel support. Cardholders can redeem points across 285,000+ travel and entertainment merchants worldwide.
Private equity firm EQT acquired Banking Circle, a cross-border payments platform serving financial institutions including card acquirers, payment service providers, and banks. The acquisition aimed to accelerate Banking Circle's growth as a payments infrastructure provider enabling global financial connectivity.
Orange Business Services partnered with Additiv to offer cloud-based wealth management as-a-service using Additiv's Digital Finance Suite (DFS 4.0). The platform provides robo-advisors, portfolio management, and advisory dashboards to financial institutions. The partnership extends Orange's embedded financial services strategy following its Orange Money and Orange Bank launches.
Paysend, an international remittance and money transfer platform, raised $20 million in funding led by MARCorp. The company enables card-to-card cross-border transfers, providing embedded payment infrastructure for global remittances. The raise supports Paysend's expansion into new corridors and markets.
Citizens Bank launched Citizens Access, a direct-to-consumer digital banking platform built on FIS technology and hosted entirely in the cloud. The platform offers high-interest savings accounts and CDs with no fees. It attracted over $1 billion in new deposits within its first 90 days, with an average account size exceeding $70,000.
Stripe launched Stripe Issuing, an API-driven platform enabling businesses and platforms to create and issue virtual or physical credit and debit cards programmatically. The product integrates with Stripe's existing payments infrastructure and supports embedded finance use cases including corporate expense cards, consumer debit cards, and on-demand disbursements.
Airwallex raised $80 million to scale its cross-border payments infrastructure platform. The company provides API-driven FX and payment rails that enable businesses to move money internationally. The raise positions Airwallex as a key embedded payments infrastructure provider for businesses operating across borders.
Bento for Business, a cloud-based spend management platform offering prepaid business cards, closed a $9 million funding round. The platform leverages bank-issued cards to provide businesses with expense control tools. The round supported growth in embedded card-based financial management for SMEs.
Ant Financial, Alibaba's payments affiliate, raised $14 billion in Series C financing, bringing its valuation to $150 billion. The round represented the largest single fintech funding event in history at the time. The capital positioned Ant Financial to expand its embedded finance and payments infrastructure globally.
Marqeta, a card issuing and payment infrastructure provider, raised $45 million in funding. The company provides modern APIs that enable fintechs and enterprises to issue and manage payment cards. This round reinforced Marqeta's position as a foundational BaaS card-issuing platform powering embedded finance use cases.
The South African Reserve Bank published the results of Project Khokha, a 14-week proof-of-concept testing distributed ledger technology for interbank wholesale payments using tokenized rand. Seven major South African banks participated alongside ConsenSys and PwC. The project demonstrated feasibility with transaction speeds up to 400,000 tx/sec, marking a milestone for central bank-fintech collaboration in Africa.