Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Guidance issued against All Commercial Banks (sector-wide) · RBI · Aug 1, 2026
Partnership — Circle Secures New York Limited-Purpose Trust Charter for USDC Stablecoin · Jul 31, 2026
Product — Flipkart Launches Pay Later Embedded Credit With PayU Finance · Jul 31, 2026
M&A — Flutterwave Is Acquiring an East African Bank · Aug 1, 2026
Funding — InvestiFi Raises $20M to Expand Embedded Investing for Credit Unions · Jul 31, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
Flutterwave acquired Mono, an open banking infrastructure provider, to expand its payments ecosystem across Africa. The deal brings Mono's API technology and data capabilities into Flutterwave's platform. Both companies will continue operating their core products independently.
Deluxe Corporation closed its $625 million acquisition of Celero Commerce on Jul 31, 2026. The deal, structured as an equity acquisition and merger, makes Celero a wholly owned subsidiary of Deluxe. Celero provides card processing, merchant services, and integrated fintech solutions embedded into business workflows.
The New York Department of Financial Services granted Circle a limited-purpose trust charter, establishing Circle New York Trust. The charter allows Circle to hold USDC reserves directly under New York banking supervision. It operates alongside a federal national trust charter conditionally approved by the OCC.
FinWise Bancorp acquired the technology platform and related assets of Tallied Technologies on Jul 20, 2026. The deal gives FinWise end-to-end ownership of its credit card issuing and processing stack. Integration costs are expected to total approximately $4 million over the next year.
InvestiFi raised $20 million in a round led by Vibe Credit Union on Jul 29, 2026. The funding will scale its embedded investing platform for US credit unions and community banks. BankTech Ventures, Navari, and six credit unions also participated.
Mastercard is acquiring BVNK, a stablecoin infrastructure firm, in a deal valued at up to $1.8 billion. The acquisition adds stablecoin payment plumbing to Mastercard's network. On Jun 3, 2026, Mastercard also announced on-chain card settlements using USDC and PYUSD.
Zhibao Technology signed a definitive agreement on Jul 31, 2026, for a $154.7 million PIPE financing paid entirely in Bitcoin. The deal calls for 442 million units at $0.35 each, funded by 2,380 Bitcoins valued at $65,000 apiece. Non-U.S. investors will also appoint new board members and executives upon closing.
Flipkart Group and PayU Finance launched Flipkart Pay Later on Jul 30, 2026. The embedded credit product is available at checkout across Flipkart, Myntra, and Flipkart Minutes, offering up to 30-day repayment, pay-in-3 installments, and 3-to-12-month EMI plans.
Corpay launched Agent Card on Jul 31, 2026, a capability that lets AI agents generate controlled virtual cards for business transactions. The product supports both human-directed and machine-to-machine payment workflows. It builds on Corpay's April 2026 rollout of an AI Virtual Assistant within Corpay Complete.
Chargebee and Twikey partnered to link billing systems directly to bank payment infrastructure. The integration routes SEPA Direct Debit and bank transfer statuses from Twikey into Chargebee in real time. The companies target recurring-revenue sectors including media, insurance, retail, utilities, and telecom.
Vietnam's HDBank partnered with TerraPay on Jul 29, 2026, to offer real-time outbound international payments. TerraPay will handle delivery to overseas bank accounts and digital wallets across more than 156 countries. HDBank will use its existing SWIFT connectivity, avoiding costly infrastructure changes.
The Bangko Sentral ng Pilipinas and Philippine Payments Management, Inc. launched Direct Debit PH, InstaPay Cash-In, and InstaPay for Business on Jul 29, 2026. The three services add national direct debit, a request-for-funds wallet top-up feature, and a tenfold increase in business transfer limits.
Pliant, a Berlin-based B2B payment fintech, announced on Jul 29, 2026 that it has surpassed $100 million in annual recurring revenue. The company attributes growth to demand for its API-first commercial payment platform from businesses, banks, fintechs, and software providers.
PSQ Holdings agreed to sell EveryLife, its direct-to-consumer diaper and baby products brand, to FreeHold Brands for $5.5 million in cash. The transaction is expected to close by Sep 30, 2026. PSQ will use the proceeds to strengthen its balance sheet as it focuses on payments and financial infrastructure.
Increase launched Increase Bank, an FDIC-member institution offering API-first banking for technology companies. The bank supports payments across every major U.S. rail, card issuing, flexible accounts, and lending. Clients include Gusto, Ramp, Stripe, and Check.
FinWise Bancorp signed a new strategic program with an unnamed prepaid card provider, combining its BIN Sponsorship and MoneyRails services. The deal was disclosed in the company's Q2 2026 earnings release on Jul 29, 2026. FinWise described the partner as "well-established" but did not name it.
Payward signed a definitive agreement on Jul 27, 2026 to acquire Magic Labs' wallet-as-a-service business. Magic's non-custodial wallet infrastructure has powered more than 60 million wallets. Payward will integrate the technology into Payward Services, its B2B infrastructure platform.
FIS and Episode Six launched the FIS International Issuing Hub on Jun 3, 2025. The cloud-native, API-first platform handles card issuing and payment processing for banks and fintechs globally. It combines Episode Six's processing technology with FIS's distribution network.
PEX secured $160 million in debt and equity financing led by Bluff Point Associates on Jul 28, 2026. The capital will fund growth of PEX's charge card program and spend management platform. Clear Haven Capital Management is providing the credit facility.
Asprofin Bank Corporation and Digital TRVST announced a Banking-as-a-Service partnership on Jul 28, 2026. Asprofin supplies regulated banking infrastructure; Digital TRVST embeds it into its fintech platform. The deal covers multi-currency accounts, cross-border payments, digital asset custody, and compliance.
ChainIT Inc. has been added to the U.S. Bank Connected Partnership Network, an online marketplace of fintech solutions integrated with U.S. Bank systems. ChainIT is listed as a Treasury Management Solution offering KYC/KYB, digital agreements, and compliance infrastructure.
FreshBooks and Grasshopper Bank announced a partnership on Jul 28, 2026, to embed banking services into FreshBooks' business management platform. The deal targets solopreneurs and small teams who need integrated cash-flow tools. It connects Grasshopper's digital banking with FreshBooks' invoicing and accounting suite.
KPay Merchant Service (Singapore) Pte. Ltd. received in-principle approval from MAS for a Major Payment Institution licence on Jul 27, 2026. The licence will cover merchant acquisition, domestic transfers, and cross-border money transfers. The approval does not yet permit KPay to provide payment services.
The OCC granted Upstart conditional approval on Jul 23, 2026 to establish Upstart Bank, N.A. as a de novo national bank. The branchless bank would originate loans nationwide and accept FDIC-insured deposits. Upstart filed its charter application in Mar 2026.