Search Results for "SEC"
21 results for "SEC"
Deals 20
PolicyStreet Raises $21M Series C for Embedded Insurance Expansion in Asia
Malaysian InsurTech PolicyStreet secured $21 million in the first close of its Series C round to scale its embedded insurance platform across Asia. The round was led by Cool Japan Fund with participation from Altara Ventures, Gobi Partners, and others. The funding will accelerate PolicyStreet's B2B2C embedded insurance distribution model.
EDX Markets Applies to OCC for National Trust Bank Charter
EDX Markets Holding Company, backed by Charles Schwab, Citadel Securities, Fidelity Digital Assets, and others, filed an application with the OCC for a de novo national trust bank charter for EDX Trust, National Association. The proposed Chicago-based trust bank would provide digital asset custody, asset management, and settlement services exclusively for institutional clients. The application was made public on April 1, 2026.
NatWest and Sainsbury's Partner on Embedded Finance via Nectar Loyalty Program
NatWest and Sainsbury's announced a new partnership to deliver embedded financial products—including a co-branded Nectar credit card, instant access savings, and personal loans—to Sainsbury's customers through digital channels and the Nectar loyalty program. Products will be powered by NatWest's Boxed BaaS platform and are expected to launch in the second half of 2026. This is NatWest's third embedded finance partnership following similar 2025 deals with The AA and Saga.
MrBeast Acquires Youth Fintech Step in Influencer-Banking Deal
YouTube creator MrBeast acquired Step, a youth-focused fintech offering banking products to teens and families. The deal highlights a growing trend of attention-driven distribution strategies intersecting with regulated banking. It signals a new model where influencer reach is leveraged to acquire and scale financial services platforms.
Securian Financial Launches FlexTech Embedded Insurance Platform
Securian Financial launched FlexTech, an embedded insurance platform, on March 25, 2026. FlexTech enables non-insurance companies to integrate protection products into their digital experiences. The launch extends the embedded finance model into the insurance vertical, broadening the BaaS ecosystem.
Upvest Secures €107.7M to Scale European Investment Infrastructure
Germany-based investment infrastructure provider Upvest raised €107.7 million in total financing, including a €77.5m equity round led by Sapphire Ventures and Tencent. Bessemer Venture Partners and BlackRock also participated. The funds will support European expansion and AI-driven investment solutions.
Neo Financial Raises $68.5M to Expand Canadian Digital Banking Platform
Neo Financial, a Canadian digital-first banking and financial products company, raised $68.5M in equity funding. The round supports the launch of a securitization program and continued platform expansion. Neo Financial offers embedded banking products in the Canadian market.
US Sponsor Banking Sector Grows Nearly 10% With Over 100 Banks Active
U.S. sponsor banks grew nearly 10% year-over-year, with over 100 banks now active in the space. Success is increasingly tied to selective fintech partnerships emphasizing compliance readiness and recurring revenue. Pathward highlights AI and embedded finance as the next frontier for sponsor banking evolution.
Sokin Raises Over $100M to Scale Global Payments and Treasury Infrastructure
Sokin secured over $100 million in funding to scale its global payments and treasury infrastructure. The company focuses on embedded payments, banking partnerships, and multi-currency operations. This round reflects growing investor appetite for established fintech infrastructure firms capable of powering cross-border embedded finance.
Float Secures Nine-Figure Funding for Payments Infrastructure
Float obtained nine-figure funding to build out its payments infrastructure platform. The round was part of a broader surge in fintech funding exceeding $1 billion in the last week of January 2026. Float's investment highlights continued capital flows into core payment rails and financial infrastructure.
Capital One Acquires Fintech Brex for $5.15 Billion
Capital One announced the acquisition of Brex Inc. for $5.15 billion in a cash-and-stock deal. The acquisition targets Brex's corporate card, spend management, and AI-driven expense automation platform. The deal strengthens Capital One's position in business payments and embedded finance for startups and growing firms.
Mexico's Plata Secures $500M Financing for Digital Banking Infrastructure
Plata, a Mexico-focused digital banking platform, secured a $500 million financing facility to support its digital banking infrastructure. The deal represents one of the largest fintech financing rounds in December 2025. Plata's model is BaaS-adjacent, providing foundational banking services in the Latin American market.
Thread Bank Raises $30.5M to Scale Embedded Banking and Digital Branch Model
Thread Bank closed a $30.5 million funding round to accelerate its embedded banking and digital branch model. The bank now manages over $2 billion in partner deposits and achieved more than threefold growth in embedded deposits between January 2024 and October 2025. The raise underscores investor confidence in the sponsor bank model despite recent regulatory scrutiny across the sector.
BVNK Secures Strategic Backing from Visa Ventures and Citi Ventures
BVNK, a stablecoin-based payments infrastructure platform, received strategic investment from Visa Ventures and Citi Ventures alongside Haun Ventures, Coinbase Ventures, and Tiger Global. The funding validates stablecoins as enterprise-grade financial infrastructure as BVNK processes $30 billion in annualized stablecoin payment volume. The investment supports BVNK's expansion of embedded wallets, new US payment rails, and AI-driven onboarding across 130+ countries.
Capital On Tap Closes £500M Securitization for SME Credit Cards
Capital On Tap closed a £500 million asset-backed securitization dubbed 'London Cards 3' to fund its small business credit card operations. The deal provides long-term, scalable funding for the fintech's embedded credit products amid tightening lending conditions.
Ramp Raises $300M at $32B Valuation for AI Finance Platform
Ramp secured $300 million in primary financing at a $32 billion valuation. The funding will enhance Ramp's AI-powered financial operations platform. Ramp provides corporate cards, expense management, and financial automation tools embedded into business workflows.
Maybern Raises $50M Series B for AI-Driven Alternatives Infrastructure
Maybern secured a $50 million Series B to build AI-driven infrastructure modernizing back-office and middle-office processes in the $16 trillion alternatives market. The platform automates operational workflows for private fund managers and institutional investors.
Visa and Transcard Launch Embedded Finance Platform for Freight Industry
Visa and Transcard launched a next-generation embedded finance platform focused on payments and working capital solutions for the freight and logistics sector. The platform was developed in collaboration with WebCargo by Freightos. It aims to embed financial services directly into logistics workflows, streamlining payment processes for carriers and shippers.
Cross River Integrates Fireblocks for Crypto and Stablecoin Payouts
Cross River advanced its core banking platform by integrating Fireblocks for secure crypto and stablecoin payouts and real-time merchant payments. The partnership emphasizes processing optionality and instant payment capabilities for fintech clients. Cross River is a key BaaS provider powering multiple embedded finance platforms.
Acoru Raises €10M Series A for AI-Powered Bank Fraud Detection
Madrid-based Acoru secured a €10M Series A led by 33N Ventures to combat AI-powered fraud and money laundering in banking. The company provides advanced fraud detection infrastructure that can be embedded into banking platforms. The round addresses growing demand for AI-driven compliance and security tools.