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/retail

Shopify Finance launches

Entrepreneurs build and innovate at warp speed, but traditional banks haven’t kept up. In 2024, banks tightened lending requirements for small businesses—with some increasing the cost of borrowing. And 40% of entrepreneurs cite financial risk as a barrier for starting a business.*

/payments

Visa reveals new push-to-wallet capabilities for virtual cards

Visa (NYSE:V) , a global leader in digital payments, announced new capabilities that enable frictionless, provisioned virtual card push-to-wallet experiences.

/wholesale

Finastra opens new office in Guadalajara

Finastra today announced the opening of its office space in Guadalajara. Strategically located in the Andares Comercial Zone, the new office houses 40 employees across various departments, including technology, marketing, and sales.

/ai

AI for financial workflows Auquan brings total seed round to $8 million

Auquan, an AI innovator for financial services, today announced a $4.5 million addition to their seed round, led by Peak XV with continued participation from Neotribe Ventures, bringing total seed funding to $8 million.

/retail

Array buys Payitoff

Array, a leading embedded consumer products platform, announced the acquisition of Payitoff, a pioneer in embedded debt guidance solutions.

/wealth

ABN Amro's Bux to offer retail investors access to IPOs via PrimaryBid

BUX, part of ABN AMRO Bank N.V., is the first pan-European partner to adopt PrimaryBid’s innovative capital markets platform, providing retail investors in Belgium and the Netherlands with access to IPOs and other regulated fundraises, including deals previously reserved for institutional investors.

/payments

PSP to acquires NCR Atleos debit card production and transaction processing business in Canada

PSP Services Inc. (PSP) is pleased to announce an agreement to acquire the NCR Atleos debit card production and transaction processing business that services a number of credit unions, financial institutions and payment networks in Canada.

/payments

Cashfree Payments secures RBI’s Prepaid Payment Instrument licence

Cashfree Payments, India’s leading payments and API banking company, today announced that it has received the Reserve Bank of India’s (RBI) Prepaid Payment Instrument (PPI) licence.

/security

Entrust introduces new fraud fighting platform

Entrust has announced an all-in-one consumer banking platform that allows banks and credit unions to provide high-assurance security throughout the customer lifecycle – from account opening to financial credential issuance to on-going, everyday transactions and interactions.

/ai

Interface.ai scores $30 million funding round

interface.ai, the leading provider of agentic AI solutions for community banks and credit unions, today announced the successful completion of a funding round led by Avataar Venture Partners.

/startups

Embedded lending fintech Finfra raises $2.5 million; scores deal with Tyme Bank

Finfra, the leading Indonesian lending infrastructure provider, has announced a major partnership with Tyme Group, the multi-country digital banking group behind TymeBank in South Africa and GoTyme Bank in the Philippines.

/payments

Peruvian SuperApp Yape taps TerraPay for international money movement

To promote financial inclusion and accessibility, TerraPay, a leading global money movement company, has partnered with Yape, the superapp of Peru.