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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Nu Mexico received final authorization to operate as a bank in Mexico on Jul 14, 2026. The subsidiary has 30 calendar days to complete its transition. Nu Mexico claims it will become the country's largest digital bank, with 15 million customers.
Pact Labs raised $7 million in Series A funding on Jul 14, 2026, anchored by Tether with participation from Blockchange Ventures and Lasagna. The round will fund infrastructure to bring USA₮, a stablecoin issued by Anchorage Digital Bank, into payroll, earned wage access, credit, and payments.
ConnectOne Bank is deploying nCino's embedded AI capabilities across its commercial lending operations. The bank has two custom AI agents live on nCino's Agentic Operating System, with 16 skills in production. Early results include a 97.5% reduction in document search time.
Pact Labs raised $7 million in a Series A round led by Tether on Jul 14, 2026. The funding will scale USA₮-based payroll, payments, and lending infrastructure. Pact Labs operates on the Aptos and Celo blockchains and has facilitated nearly $2 billion in on-chain loan volumes across seven fintech partners.
Pliant, a Berlin-based B2B payments fintech, partnered with Coastal Community Bank to enter the U.S. market. Coastal Community Bank will serve as Pliant's sponsor bank for commercial card issuing. The deal marks Pliant's first operational presence in the United States.
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.
Green Dot Corporation and CommerceOne shareholders both voted to approve the pending acquisition of Green Dot on Jun 23, 2026. Over 99% of Green Dot shares voted were in favor, while 100% of CommerceOne shares voted backed the deal. The transaction also involves Smith Ventures, LLC.
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.