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.
SkipCash announced an investment from Qatar International Islamic Bank (QIIB). The funding will support SkipCash's growth and expand its digital payment solutions across Qatar and the GCC. Financial terms were not disclosed.
Bank of Maldives selected Finastra Essence to modernize its core banking operations. The platform will support both conventional and Islamic banking services. The announcement was made on Jul 21, 2026, from Finastra's London office.
Mitrade, an Asia-based FX and CFD trading platform, partnered with Volt to deliver instant SEPA deposits and real-time payouts to EU clients. The integration uses Volt's account-to-account payment rails. The deal was announced on Jul 21, 2026.
TerraPay launched Xend, a payments interoperability network, on Nov. 24, 2025. Xend connects wallet users to 11,500 banks via Swift and 150 million merchant acceptance locations. The network is already live with over 200 million wallet users across existing global wallet providers.
Rezolve Ai partnered with Zilch to embed its agentic commerce infrastructure into Zilch's payments platform via its Reward product. The integration brings personalised retailer engagement from hundreds of UK retailers to Zilch's nearly 6 million customers. Financial terms were not disclosed.
Samsung Electronics America launched the Samsung Galaxy Card, a Visa credit card embedded directly in Samsung Wallet. It is the company's first credit card product in the U.S. market. The card carries no annual fee and offers 5% cash back on Samsung purchases online or in-store.
K-Bank signed an MOU with BPMG and HashKey Global on Jul 21, 2026, to cooperate on blockchain-based overseas remittance and payments. The partners plan a proof-of-concept for a Korea-Hong Kong remittance corridor. Cooperation also covers digital asset custody, conversion, and settlement technology.
Fiserv announced on Jul 21, 2026, that it will serve as the exclusive embedded financial services and payments provider for Datavault AI. The arrangement covers Datavault AI's platform and its NIL Exchange. Fiserv will deliver the capabilities through its Embedded Finance platform.
Natural raised $30M in a Series A led by Forerunner's Kirsten Green, bringing total funding past $40M. The San Francisco company is building payments infrastructure for AI agents. Six products reached general availability on Jul 20, 2026, with seven more planned through Q4.
OneSource Virtual launched OneSource Virtual Trust Bank, N.A. (OSVTB), a federally chartered national trust bank regulated by the OCC. The charter took effect on Jul 01, 2026. OSVTB handles funds OSV manages on behalf of customers through its HR and payments services for the Workday ecosystem.
Fina, the fintech arm of Saudi-based SILQ, secured a SAR 282 million ($75 million) Shariah-compliant facility from London-based Fasanara Capital on Jul 20, 2026. The funding will scale Fina's embedded financing for Saudi SMEs. Fina integrates working capital into merchants' digital workflows.
Trust Science signed a bank-wide Master Services Agreement with TD on Jul 7, 2026. TD Auto Finance Canada is the first TD business to use Trust Science's income verification and real-time loan decisioning capabilities. The rollout covers TD Auto Finance's 5,500 authorized dealers across Canada.
Huawei Cloud and Egyptian digital investment platform Thndr signed an MoU to collaborate on cloud computing and AI applications in Egypt's financial sector. The agreement was signed at the Huawei Cloud Fintech Summit 2026 in Cairo on Jun 16, 2026.
Flutterwave partnered with Turnkey and Nuvion to launch stablecoin balances for merchants and users across its platform. The integration provides embedded wallets enabling USDC and USDT transactions alongside fiat currency balances. The solution is being tested with select merchants before broader rollout.
Always.bank, a digital bank powered by 22nd State Banking Company, launched its digital banking platform on May 13, 2026, using Linker Finance's technology. The launch begins with high-yield savings accounts and CDs, with business banking capabilities expected in summer 2026.
Deutsche Bank partnered with Australia-based DataMesh to launch merchant payment solutions across Australia, India, Indonesia and South Korea. DataMesh's platform consolidates fragmented payment streams for merchants. The deal pairs Deutsche Bank's acquiring capabilities with DataMesh's payment infrastructure.
Vodafone Egypt and Banque Misr signed a partnership to roll out Vodafone Cash e-wallet services through the state-owned bank. The deal pairs Vodafone's mobile wallet infrastructure with Banque Misr's banking license. It targets broader digital payments access and financial inclusion across Egypt.
Monext acquired Alcinéo, a French firm specializing in certified embedded payment software, to gain full control of the payments value chain. The deal aligns with parent Crédit Mutuel Arkéa's Faire 2030 plan. Alcinéo's technology enables Tap to Pay and SoftPoS capabilities on NFC-compatible devices.
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.
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.
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.
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.
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.
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.