Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Voluntary Restrictions issued against Six unregulated Annex 1 lenders (Kingscrown Finance Ltd, MOMSB Ltd, Momentus Capital Ltd, Grosvenor Funding Ltd, Grosvenor Funding (North West) Ltd, Abbital Ltd) · FCA · Oct 23, 2026
Partnership — Piermont Bank Announces Fintech Partnerships with BlxckPay and MassPay · Oct 27, 2026
Product — Billd and Cross River Launch Flex Line Embedded Lending for Subcontractors · Oct 27, 2026
M&A — Kraken Operator Payward to Acquire Saldo Bank for EU Banking License · Oct 27, 2026
Funding — BOB Raises $5.5M Seed Round for AI-Powered SMB Banking Platform · Oct 26, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
MassPay and Piermont Bank partnered to offer global payout services across 180 countries through a single integration. Piermont provides regulated banking infrastructure while MassPay handles payout orchestration. Financial terms were not disclosed.
Payward signed a definitive agreement to acquire Saldo Finance Oy, a Finnish holding company whose subsidiary Saldo Bank holds a Lithuanian banking license with passporting across five European markets. The deal is expected to close in 2027, subject to regulatory approvals.
Billd launched Flex Line, a revolving line of credit for commercial subcontractors, nationwide on Oct 27, 2026. Cross River Bank originates the loans and provides the underlying financial infrastructure. The product gives qualified subcontractors flexible working capital not tied to a single project.
BOB AI Holdings Corp., a Miami-based fintech, raised $5.5 million in seed funding to build an AI-powered banking platform for small businesses. The company positions itself as an "AI finance employee" for SMBs. The round was announced on Oct 23, 2026.
Ripple received final OCC approval on Oct 26, 2026 to charter Ripple National Trust Bank (RNTB), a federally supervised national trust bank. RNTB will manage segregated reserves for RLUSD, act as collateral trustee, and offer fiduciary digital asset custody. Conditional approval had been granted in Dec 2025.
Tech Mahindra and Mastercard announced a partnership on Oct 26, 2026, to embed virtual-card and payment capabilities into ERP and procurement platforms. The integration covers API-led payment automation, real-time reconciliation, and fraud controls within existing enterprise workflows.
Mastercard and BVNK launched a global payments platform enabling banks and fintechs to process both fiat and stablecoin transactions. The platform combines Mastercard's payment network with BVNK's stablecoin infrastructure. Financial terms were not disclosed.
Tech Mahindra acquired Finastra's cash-management product suite on Oct 23, 2026. The deal covers Fusion Cash Management, Fusion Virtual Accounts and Fusion Liquidity Management, along with related IP and API capabilities. Experienced product engineering and customer success staff will transfer to Tech Mahindra.
Brim Financial announced a partnership with Manulife Bank to transition and modernize the bank's credit card portfolio. Brim's platform covers card issuing, processing, servicing, loyalty campaigns, and customer engagement. The deployment embeds credit and payments capabilities within Manulife Bank's digital ecosystem.
The National Bank of Cambodia and the Bank of Central African States signed an MoU on Oct 22, 2026, to cooperate on fintech and innovation. The agreement covers experience sharing, information exchange, and financial inclusion. Periodic meetings will track implementation.
C-DAC and Bank of India signed an MoU on Oct 22, 2026, to collaborate on quantum technology, AI, blockchain, and cybersecurity for banking. The agreement covers joint research, pilot projects, and training programmes. C-DAC operates under India's Ministry of Electronics and Information Technology.
Euronet and Fireblocks extended their partnership into card issuing on Oct 23, 2026. Banks and fintechs can now launch stablecoin-funded card programmes on Euronet's Ren and CoreCard platforms, with Fireblocks providing embedded wallet infrastructure. The service will be offered as a white-label capability.
Sezzle submitted applications to the OCC for a national bank charter and to the FDIC for deposit insurance. The proposed Sezzle Bank, N.A. would offer insured deposit accounts, checking and savings products, and credit products. Sezzle also plans to apply to become a bank holding company.
CapitalOS closed a $21.9 million Series A on Oct 21, 2026, led by LGVP. WEX Venture Capital, Group11, Great North Ventures, Night Capital, and existing investors also participated. The San Francisco-based company provides embedded credit cards, bill pay, and wallets for B2B software platforms.
Tala partnered with El Dorado to embed USDT-denominated credit directly in El Dorado's digital wallet, launching first in Bolivia. Tala provides the capital, underwrites borrowers, and carries the credit risk. El Dorado supplies distribution and its existing customer base.
Coast raised $35 million in growth equity on Oct 22, 2026. Thomvest Ventures led the round, joined by Intuit Ventures, Small World Capital, Alpha Square Group, and existing backers. Proceeds will fund AI-powered expense automation, new bill pay products, and embedded partnerships with fleet and field-service platforms.
Network International launched Slice, a credit-card installment product, for Emirates NBD cardholders on Aug 17, 2026. The solution lets customers split purchases starting at AED 100 into four or eight monthly installments at zero cost. Merchants gain a new checkout option with no redirects or added steps.
Greenlight announced on Oct 22, 2026, that its family banking integration is now accessible through Jack Henry's Banno digital banking platform. Community banks and credit unions using Banno can offer co-branded Greenlight tools to account holders. Greenlight partners with more than 230 financial institutions.
Lloyds partnered with BankiFi to launch a free Making Tax Digital tool for UK small businesses. Powered by BankiFi's platform, the tool lets sole traders and landlords keep digital records and submit quarterly updates to HMRC within the Lloyds Business Account. No subscription fee applies.
Revolut received conditional approval from the OCC on Sep 3, 2026, to form a U.S. national bank. The company still needs FDIC, Federal Reserve, and final OCC approvals before launch. Revolut targets a 2027 opening for the proposed bank.
Modern Treasury applied to establish a national trust bank with the OCC. The filing places the payment operations fintech among a wave of firms seeking federal trust charters. A charter would let the company offer fiduciary and custody services under direct federal supervision.
Meow raised $31.6 million in a Series B round led by Stifel, with participation from Archetype. Total funding now exceeds $60 million. Stifel will offer a white-label version of Meow's platform to its commercial banking clients, starting with venture and fund banking.
Hyperlayer raised £19.5 million from existing investors on Oct 21, 2026, bringing total funding to £50 million since October 2025. The round backs the UK programmable-banking company's accelerating growth. It marks the second raise in 12 months.
Mural closed a $15 million Series A led by Tether, with North Island Ventures also participating. Total funding reached $28 million. The capital will support global expansion and investment in regulatory and payments infrastructure for fintechs and platforms.