Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Reprimand and Composition Fine issued against Havenport Investments Pte Ltd · MAS · May 18, 2026
Partnership — NORD/LB Expands Finastra Partnership With Loan IQ Nexus and Loan Portal · May 19, 2026
Product — Western Union Launches USDPT Dollar Stablecoin on Solana Blockchain · May 18, 2026
M&A — NMI Acquires Dwolla to Strengthen Embedded Payments and Money Movement · May 19, 2026
Funding — Turnkey Raises $12.5M for Embeddable Crypto Wallet Infrastructure · May 18, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
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.
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.
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.
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.
Fazeshift raised $22M to automate accounts receivable workflows. The company focuses on AR automation for finance and accounting teams. Coverage of the round appeared across Fintech Global, Yahoo Finance, PYMNTS, and Financial Content in early May 2026.
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.
Grain, an Israel-based fintech, raised over $50 million across an $18 million seed round and a $33 million Series A led by Bain Capital Ventures. Aleph, Vesey Ventures and Hanaco Ventures also participated. The funds will support the launch of its API-based FX management platform for cross-border commerce.
Coast, a New York-based fleet payments platform, raised $40M in Series B funding on Jul 18, 2024, led by ICONIQ Growth. Accel, Insight Partners, Vesey Ventures, and Avid Ventures participated alongside new investor Thomvest. Synchrony made a separate strategic investment in the company.
Stitch raised $25 million in Series A funding led by Andreessen Horowitz on May 14, 2026. The round marks a16z's first investment in the GCC. Total funding now stands at $35 million, with Arbor Ventures, COTU Ventures, Raed Ventures, and SVC also participating.
Turnkey, a US-based crypto wallet infrastructure provider, closed a $30 million Series B led by Bain Capital Crypto on Jun 10, 2025. Galaxy Ventures, Sequoia Capital, Lightspeed Faction, Variant, and Wintermute Ventures also participated. Total funding now exceeds $50 million.
equipifi closed a $34 million Series B on May 14, 2026, led by Left Lane Capital. Curql and PHX Ventures participated alongside all existing investors. The round brings total funding to $49 million and will fund product expansion and new financial institution partnerships.
The North Carolina Bankers Association selected Stablecore as its preferred digital asset technology provider on May 14, 2026. The partnership covers over 80 member institutions and 2,000-plus branches. Member banks gain access to stablecoin, tokenized deposit and digital asset products through Stablecore's platform.
National Australia Bank completed its acquisition of London fintech Banked on May 14, 2026. Banked's Pay by Bank platform bypasses card networks to deliver real-time, lower-cost payments. NAB Ventures had invested across three funding rounds starting in 2022 before converting its minority stake into full ownership.
Apex Fintech Solutions and Plaid announced a partnership on May 12, 2026, to streamline brokerage account transfers. The integration pairs Plaid's data connectivity with Apex's ACATS infrastructure and risk engine. The goal is to reduce transfer errors and delays for broker-dealers.
Spritz selected Modern Treasury to power its fiat and stablecoin payment infrastructure. The integration lets Spritz move funds between USD and USDC while supporting ACH, RTP, and push-to-card through a single API. Financial terms were not disclosed.
Sturgis Bank, a Michigan community bank with 16 branches, partnered with MANTL to overhaul retail and business account opening across all channels. MANTL, an Alkami solution team, will deploy its full omnichannel onboarding suite. The platform automates more than 85% of application decisions.
Linkhome Holdings entered a definitive agreement on May 12, 2026, to acquire Mortgage One Group, a mortgage lender licensed in 18 U.S. states. The deal adds eight branches, roughly 30 loan officers, and an $18 million warehouse credit line to Linkhome's platform.
Augustus, formerly known as Ivy, received conditional approval from the OCC on May 11, 2026, to charter Augustus Bank, N.A. as a full-service national bank. Co-founder Ferdinand Dabitz, 25, will serve as CEO. The bank will focus on AI-native clearing for global financial institutions.
Lead Bank closed a $70 million Series B round on Sep 4, 2025, reaching a $1.47 billion post-money valuation. New investors ICONIQ and Greycroft joined existing backers Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures.
Thredd and Currensea renewed their partnership for four additional years, extending a relationship in place since 2019. Thredd provides issuer processing, tokenisation, and digital wallet infrastructure for Currensea's debit cards. The deal supports Currensea's expansion into co-branded rewards cards.
BBVA and OpenAI won The Banker's Best Bank-Fintech Partnership award on May 06, 2026, for their joint AI development agreement. The two companies are co-creating AI solutions with shared resources and dedicated teams. The Banker described the partnership as the first of its kind in the financial sector.