Discover the latest and most relevant fintech news in our weekly digest. Stay informed as we continually update this article with the latest news throughout the week. Check back regularly for real-time updates on how the fintech landscape is evolving this week.
Ready
Fast financing partners with PrêtPro to provide loans as a service to small businesses across the United States
Union Bank selected Baker Hill Next generation assembly of consumer loans and TruStage preparation of compliance documents
Lendica And CSG Forte partner to provide an integrated commercial credit solution to small and medium-sized businesses in the United States
You lend secure deal with JP Morgan to provide £4 billion of additional funding to SMEs.
SellersFi launches a financing solution with Amazon to provide Amazon sellers with access to lines of credit of up to $10 million through Amazon Lending.
Automotive Gurus partners with Chase to expand financing options for consumers.
Invest
Alinea Invest brought $3.4 million to leverage AI for virtual assistant.
Payments
True layer team up with World line to offer instant payments, deposits and registrations via Worldline Payment Orchestration.
Adyen partners with the BILL SME financial operations platform.
Blockchain-based B2B payment platform Pay Kiosk integrated with the Acumatica cloud-based ERP business management system.
Brite Payments partners with the Swedish electric vehicle charging platform Northe EV.
Kantox launches Kantox internal exchange rate effects to centralize foreign exchange management for global businesses.
PayPal and Venmo launch following new product updates.
PXP Financial becomes a Google Pay payment service provider.
Kueski Pay East now available on Amazon Mexico.
REPAY integrated with Lexop to offer transparent payments to credit unions.
Bento Box presents its new Marketing & Commerce platform for restaurants.
First bank selected CorServ Complete credit card program.
TIFIN Give acquires Giving Place to Expand Philanthropic Platform for Legacy Businesses
CardFlight SlideSimple NOW allow merchants to create and send invoices from their mobile devices.
Loyalty/Rewards
Bilt Rewards receives $200 million capital investment led by General Catalyst.
Fraud and security
Financial Crime and Risk Management Solutions Provider Coat launches its new AI-based fraud detection platform.
Strong money raised $116 million for its identity security platform.
Emirates NBD partners with The Silent Eight to automate alert management and improve compliance efficiency.
Digital Banking
Lloyds has END mobile banking van service.
KlariVis unveils new products and features within its enterprise banking analytics platform.
i2c partners with Bank of Missouri to enable fintechs to quickly launch digital banking products.
BNY Mellon launches solutions based on virtual accounts.
Challenger Bank
KOHO advances in the second phase of the Canadian banking license.
Challenge
PayPal Ventures invests in a digital asset startup Mesh.
Compliance
Fintech Galaxy launches Open Banking Compliance Services in UAE.
Card issuance/management
First Bank team up with CorServ to implement its new credit card program.
Tax/accounting solutions
Intelligent Automation Platform Xceptor partners with KPMG UK to deliver advanced tax solutions to financial services firms.
Identity verification
Digital Identity Verification Specialist IDVerse team up with GeoComply.
Photography by Markus Winkler
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