Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Consent Order issued against Community Federal Savings Bank · OCC · May 21, 2026
Partnership — Caixa Econômica Federal Signs 20-Year Payments Infrastructure Deal with Fiserv · May 23, 2026
Product — Treasury Prime Launches Prime Cash via Green Dot Network · May 22, 2026
M&A — Rakuten Bank and Rakuten Payment Sign Reorganization Agreement · May 20, 2026
Funding — Mercury Raises $200M Series D at $5.2B Valuation Led by TCV · May 23, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
Caixa Econômica Federal selected Fiserv for a 20-year merchant acquiring deal announced on Apr 28, 2021. Fiserv will support card-present and online transactions through Caixa-branded POS terminals and an online payments gateway. The bank serves 146 million customers across Brazil.
Mercury closed a $200M Series D round led by TCV at a $5.2B valuation. Andreessen Horowitz, Coatue, CRV, Sapphire Ventures, Sequoia Capital, and Spark Capital returned as investors. The company says it serves more than 300,000 customers, including one in three U.S. startups.
Treasury Prime partnered with Green Dot to launch Prime Cash, a cash-deposit product for fintechs on its BaaS platform. End users can fund accounts with cash at over 90,000 participating retail locations across the United States. Funds are typically available within 15 minutes.
Relay Financial secured a $50 million growth investment from General Catalyst's Customer Value Fund on May 22, 2026. The capital will fund customer acquisition for Relay's small business banking platform. Relay manages over $1.3 billion in deposits through Thread Bank.
BNY announced on Dec. 11, 2025 that it will match the U.S. government's $1,000 contribution for eligible newborns of its U.S. employees under the children's savings account program created by the One Big Beautiful Bill Act. The program covers children born between 2025 and 2028.
Starling Bank selected Adyen to power in-app payment acceptance for its UK SME customers, starting with tap-to-pay on NFC-enabled smartphones. The integration lets business customers accept contactless card payments without separate hardware. Payment links for Starling's free invoicing tool will follow later in 2026.
Deem Finance and Yusr signed a partnership on May 22, 2026, to deliver embedded finance and BNPL solutions in the UAE. The collaboration initially targets the automotive sector. Deem provides licensed financial infrastructure; Yusr contributes its embedded technology platform.
Mastercard and Commercial International Bank (CIB) renewed their partnership on May 20, 2026, to support digital payments and card issuance in Egypt. The deal covers core payment capabilities, giving CIB access to Mastercard's global network and advisory expertise. CIB is Egypt's largest private-sector bank.
Moment, a US fintech providing an AI operating system for investment and wealth management firms, closed a $78 million Series C round on May 21, 2026. Index Ventures led the round, with Andreessen Horowitz, Avra, and other existing investors participating. The raise brings Moment's total funding to $134 million.
Danske Bank signed a multiyear agreement with Amazon Web Services to migrate selected infrastructure, applications, and data to AWS. The plan covers more than 16,600 servers and over 1,000 applications. AWS will also train more than 1,500 Danske Bank employees, with cloud skills embedded into management courses.
The Trump administration issued an executive order on May 20, 2026, directing the Federal Reserve to review how fintech firms can gain access to central bank payment rails. The order covers the Fed and other agencies. Fed Governor Waller and the Financial Technology Association are linked to the initiative.
FABMISR and Network International entered a partnership on May 20, 2026, to expand digital payment processing in Egypt. Network International will provide end-to-end card issuing, acquiring, and value-added services through its N-Genius platform.
FVSBank, a mutual bank in Fond du Lac, Wisconsin, partnered with MANTL to deploy omnichannel deposit account opening for retail and business customers. The platform will automate more than 85% of application decisions, including KYC, AML, and BSA checks. The deal was announced on May 19, 2026.
PPRO partnered with Nubank to make NuPay available to merchants and payment service providers globally. The integration gives international businesses access to Nubank's 115 million customers in Brazil. NuPay lets users authorize transactions via a single click or biometric scan inside the Nubank app.
Rakuten Bank signed a definitive agreement on May 20, 2026, to reorganize Rakuten Group's FinTech business. Through share deliveries, Rakuten Bank will make Rakuten Card and Rakuten Securities Holdings its subsidiaries. The deal requires shareholder approval at Rakuten Bank's annual meeting on Jun 24, 2026.
BankSouth, a $1.6 billion community bank in Georgia, selected FIS as its core banking platform provider on May 20, 2026. The deal covers retail and business banking. It aims to accelerate fintech integrations and prepare the bank for AI capabilities.
NORD/LB is expanding its long-standing partnership with Finastra by adding Loan IQ Nexus and Loan Portal to its lending technology stack. The German bank already uses Finastra's Loan IQ for corporate and syndicated lending. Go-live is planned within the next two years.
NMI acquired Dwolla, an account-to-account payment infrastructure provider, on May 19, 2026. The combined business will process close to $700 billion in annual transaction volume. More than 400 Dwolla customers will join NMI's ecosystem.
Alpha Modus launched Alpha Cash on May 18, 2026, a mobile financial platform paired with physical retail kiosks. The app targets unbanked and underbanked consumers with cash loading, remittance, prepaid cards, and peer-to-peer transfers. It is live in the Apple App Store.
MoonPay acquired Dawn Labs, an AI and financial markets research lab, on May 11, 2026. The deal brings Dawn's team into MoonPay, with founder Neeraj Prasad becoming Chief Engineer of MoonPay Labs. MoonPay also launched Dawn CLI, an AI trading tool.
Western Union announced plans to launch USDPT, a U.S. dollar stablecoin built on Solana and issued by Anchorage Digital Bank. The token will let users send, receive, spend, and hold digital dollars across Western Union's global network. Availability is expected in the first half of 2026.
Tilled raised $12.5 million in a round led by Canvas Ventures and UPC Capital Ventures on Oct. 29, 2024. The PayFac-as-a-Service startup has now raised nearly $40 million since its 2019 founding. Tilled also announced a partnership with Handpoint to expand card-present terminal options in the U.S. and Canada.
Housing Bank for Trade and Finance selected ProgressSoft's Payments Hub Platform to upgrade its payments network. The integration covers local and international payment corridors, with faster settlement times and alignment with Swift GPI and CBPR+ standards. The two Jordanian firms have partnered since 1993.
Mastercard and Yellow Card, a licensed stablecoin infrastructure provider in Africa, announced a partnership on May 7, 2026 to develop stablecoin payment solutions across Eastern Europe, the Middle East, and Africa. Initial focus markets include Ghana, Kenya, Nigeria, South Africa, and the UAE.