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.
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.
Entities: CapitalOS · LGVP · WEX Venture Capital · Group11 · Great North Ventures · Night Capital
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.
Entities: Coast · Thomvest Ventures · Intuit Ventures · Small World Capital · Alpha Square Group
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.
Entities: Emirates Islamic · Network International
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.
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.
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.
The Bancorp launched Finetics, a bank-led embedded finance platform for nonbank companies. The product consolidates the bank's BaaS capabilities into a single branded offering. Details on pricing and launch partners were not disclosed.
Cliq and Vast Bank announced a multi-year payments partnership on Oct 15, 2026. The deal pairs Cliq's ACH payments technology with Vast Bank's national charter. Both companies cited a shared mission to advance fair access banking.
Shares completed its acquisition of Treezor from Société Générale on Oct 13, 2026. The deal preserves Treezor's BaaS offering, serving clients like Swile and Bling, while adding investing capabilities to the platform.
CRB Group, parent of Cross River Bank, agreed on Oct 20, 2026, to acquire Accrue, a fintech powering branded wallets, stored value, and loyalty rewards at the payment layer. The deal folds Accrue's technology into Cross River's embedded finance platform. It remains subject to customary closing conditions.
finmid raised €17 million led by Big Pi Ventures, with Mainset co-investing and Earlybird following on. Total funding now stands at €52 million. The round coincides with two new programme launches: multi-year vehicle financing with Bolt and merchant lending with Skroutz.
Entities: finmid · Big Pi Ventures · Main Set · Earlybird · Wolt · Delivery Hero
DRB expanded its sponsor banking product portfolio to include card issuing, acquiring, and real-time payment rails such as RTP and FedNow. The bank reported 8x growth in loan originations over the past two years. New fintech partners include Taekus, ClarityPay, and VIVA Finance.
Nagad signed a partnership agreement with Bengal Commercial Bank PLC covering remittance delivery, e-wallet top-ups, and interbank transfers. The deal was signed on Aug 23, 2026, at the bank's headquarters in Gulshan, Dhaka. Nagad will also maintain a trust cum settlement account through the bank.
Embedd raised €2.31 million in a pre-seed round led by Seedcamp on Aug 25, 2026. The startup builds software infrastructure for physical AI and semiconductor integration. Funds will go toward platform development and expanding partnerships with chip manufacturers.
Itaú Unibanco received conditional OCC approval to operate a U.S. bank subsidiary from a single branch in Miami. The bank must launch with at least USD 507 million in capital. Final approval still requires sign-off from the Federal Reserve and the FDIC.
Entities: Itaú Unibanco · Office of the Comptroller of the Currency (OCC)
Minna no Ginko and Revolut deepened their partnership to launch banking agency operations in Japan. The arrangement allows Revolut to act as an intermediary for yen-denominated bank account opening within its app. Financial terms were not disclosed.
Entities: Revolut Technologies Japan · Minna no Ginko
Fasset raised $68 million in Series C funding led by SBI Group, valuing the Los Angeles-based AI-powered stablecoin neobanking platform at $1 billion. The round brings Fasset's total 2026 funding to $119 million. It marks the company's entry into the global fintech unicorn category.
Visa, _able, and Onafriq partnered to expand credit access across CEMEA using Visa Flex Credential. The technology links multiple funding sources to a single card credential. Onafriq will handle payment processing for eligible prepaid card implementations.