Latest company updates: Finextra Research

Stablecoin settlement provider StraitsX continues regional expansion

StraitsX, the stablecoin-native settlement layer driving global finance, and Fazz Financial Group (“Fazz”), a leading ecosystem of financial services in Southeast Asia, today announced the next phase of its regional expansion, supported by a new strategic investment from UQPAY, Asia’s leading cross-border payment solutions provider leveraging stablecoin infrastructure, and continued backing of existing investor NTT DOCOMO, INC. (“DOCOMO”), Japan’s leading mobile and digital-services company.

48 mins

/regulation

Smarsh and Jeffries extend relaitonship

Today, Smarsh announced that Jefferies has selected the company’s flagship communications surveillance technology to address the growing challenge of monitoring vast and complex digital communications.

52 mins

/ai

Simply Business launhces AI-powered insurance advisor

Simply Business, LLC, the leading digital marketplace for easily finding, comparing, and buying tailored small business insurance in the U.S., today announced the launch of its first-of-its-kind AI-powered insurance advisor, transforming the insurance buying process for entrepreneurs.

56 mins

/payments

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.

17 hours

/ai

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.

17 hours

/people

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.

17 hours

/people

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.

19 hours

/retail

Zopa launches 4.75% Easy Access savings product

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

20 hours

/ai

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.

20 hours

/wholesale

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.

20 hours

/retail

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.

21 hours

/wholesale

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.

21 hours

Company updates