Emirates NBD Egypt entered into definitive agreements on Aug 2, 2026, to acquire HSBC Bank Egypt's retail banking business. The deal covers HSBC Egypt's retail portfolio, branch and ATM network, customer base, and relevant employees. It remains subject to regulatory approvals and closing conditions.
AutoRek acquired Grath, an AI-driven fintech focused on reconciliation and compliance, on Aug 3, 2026. The deal combines AutoRek's enterprise reconciliation automation with Grath's AI capabilities. Financial terms were not disclosed.
QI Tech partnered with Bettr, Ant International's embedded finance arm, to deliver credit products within Brazil's e-commerce market. The deal includes working capital loans for SME sellers and a BNPL option for consumers on AliExpress. Financial terms were not disclosed.
Visa signed a definitive agreement to acquire BioCatch for $2.4 billion in cash from Permira and other shareholders. BioCatch provides behavioral fraud intelligence to more than 350 banking clients globally. The deal adds multi-signal fraud detection to Visa's existing security suite.
Thredd expanded its partnership with MuchBetter to power the consumer wallet and prepaid card platform's launch in Israel. Thredd provides issuer processing infrastructure for physical and virtual card issuance and digital wallet payments. Additional form factors are planned as the programme scales.
Revolut received a full Authorised Deposit-taking Institution licence from APRA on Jul 22, 2026, launching as Revolut Bank Australia. It is the first global fintech to hold an unrestricted ADI licence in Australia. The company plans to invest nearly AUD 400 million in the local market over five years.
Entities: Revolut · Australian Prudential Regulation Authority (APRA)
Zilch signed an agreement to acquire 100% of AB Fjord Bank, a Lithuania-based bank with roughly $120 million in total assets. The deal provides Zilch with a European banking licence to accelerate its rollout across the continent. Vilnius will serve as Zilch's European headquarters and regulatory base.
Entities: Zilch · AB Fjord Bank · Bank of Lithuania · European Central Bank
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.
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.
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.
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.
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.
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.
Entities: InvestiFi · Vibe Credit Union · BankTech Ventures · Navari · Idaho Central Credit Union · United Financial Credit Union · Coastal Credit Union · Mid Minnesota Credit Union · Truity Credit Union · Southpoint Credit Union
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.
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.
Entities: Circle · New York Department of Financial Services (NYDFS) · Office of the Comptroller of the Currency (OCC)
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.
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.
Entities: Bangko Sentral ng Pilipinas (BSP) · Philippine Payments Management, Inc. (PPMI)
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.
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.
Entities: Increase Bank · Increase · Gusto · Ramp · Stripe · Visa
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.