Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Monetary Penalty issued against Shri Ram Finance Corporation Private Limited · RBI · Aug 22, 2026
Partnership — Indodax and Bank INA Launch Co-Branded Card and Digital Banking Partnership · Aug 22, 2026
Product — Absa Develops Embedded Payment Tool for Township Small Businesses · Aug 22, 2026
M&A — I-Remit Approves P20 Million Capital Infusion Into Surepay Technologies · Aug 22, 2026
Funding — Indian Fintech Navi Raises $100M from Prosus Ahead of Planned IPO · Aug 20, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
U.S. Bank announced an expanded partnership with Amazon Web Services on Aug 22, 2026, migrating hundreds of core banking applications to AWS. The multi-year plan covers payment processing, wealth management, and commercial banking systems serving roughly 13 million consumers and 1.4 million business clients.
Absa Mauritius launched Spark Business, an open-banking merchant app that turns any smartphone into a point-of-sale device. The app accepts payments via QR, Tap & Pay, and SMS Pay across any bank account. It has processed over 200,000 transactions and serves more than 500 businesses across Mauritius.
I-Remit approved a binding term sheet for a P20 million capital infusion into Surepay Technologies. The deal gives I-Remit a strategic equity stake in the payments infrastructure provider. Terms are binding, though final closing remains pending.
Karur Vysya Bank is targeting a Rs 1,500-2,000 crore personal loan book through its partnership with digital lending platform Axio. The bank plans to leverage its 90 lakh Amazon BNPL customer base for personal loans and credit cards. The Amazon-Axio transition is expected to complete within three months.
MTN MoMo Uganda and Centenary Bank reaffirmed their partnership to expand digital financial services in Uganda during a leadership meeting on Aug 19, 2026. The engagement also marked a leadership transition at Centenary Bank, with outgoing MD Dr Fabian Kasi introducing successor Byekwaso Godfrey.
Indodax, Indonesia's crypto exchange, partnered with Bank INA through the Binadigital digital banking service to offer co-branded cards and digital savings products to eligible members. The collaboration extends licensed banking services to Indodax's user base. Financial terms were not disclosed.
Absa Group and EasyEquities announced a partnership on Aug 6, 2026, to embed investing directly into the Absa banking app. The integration will give Absa's more than 12 million clients access to EasyEquities' investment platform. A full launch is planned for Sep 2026.
Citizens Bank International partnered with RAPID, an API banking platform, to offer unified banking services to corporate clients in Nepal. The integration lets businesses check balances, transfer funds and process payroll through their own ERP systems. The deal was announced on Jun 05, 2026.
reAlpha (NASDAQ: AIRE) completed its acquisition of InstaMortgage on Aug 19, 2026, in a deal valued at approximately $8.5 million. The transaction adds direct mortgage origination, underwriting and funding capabilities to reAlpha's platform. InstaMortgage operates across 38 states and Washington, D.C.
PSQ Holdings announced that PSQ Payments is integrating as a payment processing option within LendSuite Software's ecosystem, reaching nearly 150 lenders. Lenders on LendSuite's platform can now select PSQ Payments for processing. The integration embeds payment functionality directly into lending software workflows.
Commercial International Bank–Egypt (CIB) received preliminary approval from the Central Bank of Egypt on Aug 20, 2026, to establish yomo as a standalone digital bank. The licence follows Egypt's 2023 digital banks framework. yomo will now complete operational readiness before launch.
Saudi Awwal Bank and noon, a Middle Eastern e-commerce platform, launched a co-branded Visa credit card on Aug 20, 2026. The card targets online shoppers on noon's marketplace with embedded financial rewards. Visa serves as the card network partner.
CIMB Bank onboarded Infineon Technologies' Melaka facility onto its CIMB@Work payroll banking solution, covering more than 10,000 employees. The deal gives workers access to preferential rates, cashback benefits and financing products. It ranks among CIMB@Work's largest payroll onboarding initiatives.
Datavault AI signed a definitive agreement to acquire BankWyse, a Wyoming-chartered Special Purpose Depository Institution. The deal, described as the "final piece" of Datavault's data monetisation ecosystem, remains subject to regulatory approval. Financial terms were not disclosed.
ZBD raised $40 million in Series C financing from Blockstream Capital Partners, announced on Jan. 22, 2026. The funding supports ZBD's payments infrastructure for video games, built on the Lightning Network. ZBD processes more than 120 million transactions annually.
Swift completed the design phase of its blockchain-based shared ledger and began building the MVP. The ledger will enable interoperability between banks' tokenized deposits for 24/7 cross-border payments. The MVP, built on Hyperledger Besu, is planned to go live with real-world transactions this year.
Prosus plans to invest $100 million in Navi, the Indian fintech company, ahead of a planned IPO. The deal adds to Prosus's fintech portfolio in India. Navi operates across lending, insurance, and mutual funds.
Prevail Bank, a mutual bank based in Medford, Wisconsin, selected Jack Henry for core processing, digital banking, payments, and financial crimes solutions. The deal, announced Aug 20, 2026, gives Prevail Bank access to Jack Henry's open ecosystem of more than 1,000 third-party fintech integrations.
Bank of China (Hong Kong) and Ant International announced a partnership on Aug 20, 2026 to expand cross-border payments, real-time treasury management, and AI-driven financial services. BOCHK will also provide settlement banking services for Alipay+ across Southeast Asia.
Ant International launched an upgraded AI model for managing FX liquidity risks, with Citi, HSBC, Deutsche Bank, Standard Chartered, and Barclays adopting the tool. The partnership pairs a fintech's AI infrastructure with some of the world's largest banks. Reuters reported the announcement on Aug 20, 2026.
Visa is scouting stablecoin settlement partners licensed in the US, UK, Canada, and Singapore. The search follows Mastercard's acquisition of BVNK, a stablecoin payments infrastructure firm. Both card networks are now competing to control crypto settlement rails.
Candescent partnered with Google Cloud to integrate Gemini Enterprise AI into its Intelligent Banking platform. The cloud-native platform serves more than 1,300 banks and credit unions. The press release was published on Aug 19, 2026.
Infcurion launched a Credit Guarantee Option on its Xard card issuance platform on Jul 27, 2026. The feature lets businesses issue branded credit cards without in-house credit underwriting. Infcurion sets the credit line and absorbs non-payment risk, targeting B2B card issuance for corporations and sole proprietors.
Natural raised a $30 million Series A led by Forerunner Ventures on Jul 20, 2026. The round brings total funding to over $40 million for the fintech building payments infrastructure for AI agents. Banking services are provided by Column N.A., Member FDIC.