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/startups

US fintech Lettuce Financial secures $28 million funding round

We have two big Lettuce announcements for you today: We’ve secured $28 million in funding led by existing investor Zeev Ventures, and we’ve acquired the benefits access startup Besolo.

/regulation

Webull selects Flagright for transaction monitoring and AML compliance

Flagright, the AI-native, no-code platform for transaction monitoring and AML compliance, is pleased to welcome Webull, an online investment platform, as its newest client.

/regulation

HKMA details Fintech 2030 strategy

The Hong Kong Monetary Authority (HKMA) today (3 November) unveiled “Fintech 2030”, a forward-looking strategy for driving Hong Kong’s fintech development, at the Hong Kong FinTech Week 2025.

/payments

IDeal transitions to Wero

iDEAL will begin rebranding to iDEAL | Wero in 2026.

/retail

Newgen plugs into Mambu tech stack

Newgen Software, a global leader in AI-first digital transformation platforms, today announced a strategic partnership with Mambu, the leading cloud banking platform, to offer a plug-and-play lending stack designed to fast-track digital lending transformation for banks, digital banks, NBFCs, fintechs, and Islamic lenders.

/identity

Ping Identity to acquire Keyless

Ping Identity, a leader in securing digital identities for the world’s largest enterprises, announced it has signed a definitive agreement to acquire Keyless, a London-based innovator in privacy-preserving biometric authentication.

/payments

Afriex integrates with Visa Direct

Afriex, a global fintech platform, today announced a collaboration with Visa, a world leader in digital payments, to bring real-time cross-border payments to more than 160 markets.

/payments

Thunes allies with WeChat Pay HK

Thunes, the Smart Superhighway to move money around the world, announces an alliance with WeChat Pay HK, the Hong Kong dollar denominated e-wallet, to power its expansion in cross-border money transfers.

/payments

Airwallex crosses $1 billion revenue milestone; UK among fastest-growing markets

Airwallex, a leading global payments and banking platform for modern businesses, has crossed $1bn in annualised run rate revenue (ARR), marking a significant milestone in its mission to build the future of global banking.

/ai

Embat joins Google AI-focused startup programme

Embat, the AI-powered cash and treasury management platform, has been selected for the Google for Startups Gemini Founders Forum.

/crypto

Global Digital Finance unveils results of study on tokenized money market funds

Global Digital Finance (GDF), the leading global digital assets members association, announced the results of a working group reporting on the legal certainty of collateral eligibility and the mobility of Tokenized Money Market Funds (TMMF) in Luxembourg, Ireland, and the UK.

/payments

QNB taps TransferMate to expand global B2B multicurrency collections capabilities for corporate cust

QNB Group, the largest financial institution in the Middle East and Africa, has announced a strategic partnership with TransferMate, the world’s leading provider of embedded B2B payments infrastructure as a service, to expand global receivables and local accounts solutions for QNB customers worldwide.