Latest company updates: Finextra Research

PNC Bank joins FedNow

PNC Bank, N.A., today announced it has expanded its instant payments capabilities by joining the Federal Reserve’s instant payments system, the FedNow Service.

3 hours

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Streetbeat raises $15m to scale AI for wealth managers

Streetbeat, an AI-powered intelligence platform for financial professionals and retail investors, today announced $15 million in Series A funding to further expand the use of AI agents for trading.

3 hours

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Key Commercial Bank names Eric Girard head of embedded banking

Key Commercial Bank has named industry veteran Eric Girard Head of Embedded Banking and Co-head of Commercial Product.

3 hours

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RTX Fintech names André Léger chief product officer

RTX Fintech & Research (“RTX Fintech”), a leading US electronic interdealer trading platform for interest rate swaps, today announced the appointment of André Léger as Chief Product Officer and Head of Markets, Asia.

5 hours

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Zopa launches 4.75% Easy Access savings product

Digital bank Zopa has launched a market-leading Easy Access savings product offering 4.75% AER.

6 hours

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Jump acquires Mobile Assistant

Jump, the leading provider of artificial intelligence (AI) solutions for financial advisors and financial services, today announced its acquisition of Mobile Assistant, a leader in advisor transcription services.

6 hours

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Tensec secures $60m credit facility to build 'Stripe for global trade'

Tensec, a fintech startup focused on providing cross-border financial services, today announced a strategic $60 million credit facility with Upper90 Capital Management, LP ("Upper90"). The financing enables Tensec to expand its annual trade volume from $500MM to $5B, addressing surging demand from its import/export trading clients.

6 hours

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Salt Edge and Sola partnet to power instant payments across Europe

Sola, a European fintech infrastructure company building a next-generation payments and open banking gateway, has partnered with Salt Edge, a leading provider of open banking solutions, to enhance its payment capabilities and accelerate the adoption of alternative payment methods across Europe.

7 hours

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Travelex launches wholesale banknote operations in Canada

Leading foreign exchange company Travelex has launched onshore wholesale banknote operations in Canada, marking a significant milestone in its global expansion strategy.

7 hours

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AI financial automation startup Piere raises $2.1m

Piere, an AI-first financial automation platform, today announced it has raised $2.1M in pre-seed funding. The round was led by early-stage fintech fund Grand Ventures, with participation from Selah Ventures, Trustage Ventures, Samvid Ventures, and Fabric VC.

7 hours

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Paysend expands Visa partnership

Paysend is expanding its long-standing partnership with Visa through a new program that will make Paysend’s Enterprise API — a technology interface that allows businesses to integrate Paysend’s payment capabilities into their own systems — available to Visa merchants and collaborators across North America.

7 hours

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Finova appoints Daniel Broadhurst commercial director

Finova, the UK’s leading cloud-based lending and savings software provider, has appointed Daniel Broadhurst as its new Commercial Director.

7 hours

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