Qivalis Stablecoin Consortium Secures Backing From 37 European Banks
The euro‑denominated stablecoin consortium Qivalis announced it has secured backing from a group of 37 banks across 15 European countries. The commitment aims to launch the stablecoin in the second half of 2026, positioning it as a euro‑based alternative to dollar‑denominated stablecoins. No financial terms were disclosed.
MoonPay Acquires Decent.xyz in High Eight‑figure Deal to Launch MoonPay Trade Platform for Banks
Crypto payments firm MoonPay completed the acquisition of cross‑chain routing startup Decent.xyz for an estimated $90 million. The deal underpins the new MoonPay Trade platform, giving banks and fintechs access to tokenized assets, DeFi protocols, and stablecoin liquidity across 200+ blockchains.
Sycamore Acquires Kano-Based Microfinance Bank to Secure MFB Licence
Nigerian fintech Sycamore completed the acquisition of an undisclosed Kano‑based microfinance bank, securing a microfinance bank licence and enabling it to mobilise deposits. The deal marks Sycamore’s transition from digital lending to a broader regulated financial services group, targeting a...
EYST Technology Secures Six-Figure Funding From 216 Capital
Tunisian insurtech startup EYST Technology announced it has raised a six-figure investment from 216 Capital to accelerate its SaaS platform development and expand internationally. The funding will be used to add new product features, grow sales and data teams, and...
RemotePass Secures $17.4M Series B Funding to Accelerate Global Expansion
RemotePass announced a $17.4 million Series B round led by EBRD Venture Capital, with participation from 500 Global and existing investors. The funding will be used to expand its global payroll, employment, and spend platform across Europe and the United...
Slash Raises $100M Series C to Expand Vertical SMB Banking
Fintech Slash, a business banking platform focused on vertical SMB markets, announced the closing of a $100 million Series C round. The funding will support the development of industry‑specific financial products and AI‑driven services. The round highlights growing investor interest...
Arib Raises $23.5M in Funding Round Led by Merak Capital
Saudi fintech Arib announced it raised $23.5 million in a funding round led by Merak Capital, including Sharia‑compliant Murabaha financing facilities. The capital will be used to strengthen technology, expand operations, and launch new financing products for consumers and businesses...
Grab Gains Majority Control of Superbank, Making It a Subsidiary
Grab announced that its shareholding in Indonesian digital bank Superbank has risen to over 50% after Singtel transferred its stake to GXS Bank, turning Superbank into a Grab subsidiary. The consolidation will fully integrate Superbank’s financial results into Grab’s financial...
Kenyan Digital Bank Cloud9 Acquires M‑Tickets in $773K All‑stock Deal
Kenyan digital bank Cloud9 completed an all‑stock acquisition of ticketing platform M‑Tickets for roughly KES 100 million (≈$773,000). The deal gives Cloud9 access to M‑Tickets’ ticketing data and user base, integrating ticket sales into its banking app and opening new lending opportunities...
Bunch Raises €30.1M ($35M) Series B Led by Portage
Berlin‑based fintech startup bunch closed a €30.1 million ($35 million) Series B round to expand its private‑markets infrastructure across Europe. The round was led by Portage with participation from Illuminate Financial, Motive Partners, Cherry Ventures and Fintech Collective. The funding will accelerate commercial...
Oxyzo Acquires Debt Investment Platform GoldenPi for $4.4M
Fintech unicorn Oxyzo announced the acquisition of debt investment platform GoldenPi Technologies Pvt Ltd and its subsidiary GoldenPi Securities in a share‑swap deal valued at ₹42.4 Cr (≈$4.4 M). The board approved the transaction, with Oxyzo issuing 3.11 Lakh equity shares to GoldenPi’s...
Tether Invests in LemFi to Promote Stablecoin-Powered Remittances Across Emerging Markets
Tether announced a strategic investment in LemFi, a cross‑border financial platform, to integrate USDT as a settlement layer for remittances in Africa and Asia. The partnership aims to accelerate stablecoin adoption, improve speed and lower costs of cross‑border payments, and...
Relay Raises $50M Growth Investment From General Catalyst
Relay, a small‑business banking platform, announced a $50 million growth investment from General Catalyst, adding to its $32.2 million Series B raised in May 2024. The funding will support scaling its services and aims to boost revenue 3.2× by the end of 2026.
PE-Backed NMI Acquires Payment Tech Firm Dwolla
NMI, an embedded payment infrastructure provider backed by private equity, announced the acquisition of payment technology firm Dwolla. The terms of the transaction were not disclosed.
Standard Chartered to Acquire Zodia Custody's Custody Business
Standard Chartered announced that its non-binding offer to acquire Zodia Custody has been accepted by Zodia Custody's shareholders and noteholders. The acquisition will integrate Zodia Custody's regulated custody activities into Standard Chartered's digital asset custody business, pending regulatory approvals. The...
Embat Raises $32.4M Series B Funding Led by Cathay Innovation
European AI‑native treasury platform Embat announced a €30 million ($32.4 million) Series B round led by Cathay Innovation, with participation from Creandum, Samaipata, 4Founders and Venture Friends. The funding will accelerate the rollout of its agentic AI suite across the UK and Europe,...
Hana Bank Acquires $670M Stake in Dunamu From Kakao Investment
South Korea’s Hana Bank has purchased a 1‑trillion‑won ($670 million) stake in crypto‑exchange operator Dunamu, acquiring 228 million shares from Kakao Investment. The deal gives Hana a significant foothold in the digital‑asset market, with Dunamu operating the country’s largest exchange, Upbit.
London Fintech PANTA Raises €3.4M Seed Round Led by Fuel Ventures
London‑based SaaS fintech PANTA announced it has raised €3.4 million ($3.7 million) in a seed funding round led by Fuel Ventures, with €1.7 million from the VC and €1.7 million from an Innovate UK Innovation Loan. The capital will be used to expand the engineering...
Equipifi Secures $34M Series B Funding
Fintech platform equipifi announced the close of its $34 million Series B round, led by Left Lane Capital with participation from existing investors Curql and PHX Ventures. The funding brings equipifi’s total capital raised to $49 million, supporting its mission to embed flexible...
Beepay Raises $400K Seed Round Led by Comunitá
Brazilian retailtech and fintech startup Beepay announced a $400,000 seed round, led by Comunitá, the corporate venture arm of cooperative bank Sicredi, which contributed $200,000. ACATE Invest and Ventiur also participated. The funding will support the expansion of its autonomous...
Kroo Bank Acquires Glenhawk Loan Portfolio and Secures Forward‑Flow Funding Partnership
Kroo Bank, a UK digital bank, completed the acquisition of a loan portfolio from specialist bridging lender Glenhawk and entered a forward‑flow funding arrangement to finance future bridge loan originations. The partnership expands Kroo Bank’s asset base while providing Glenhawk...
Alpha FMC Acquires Elgin White to Boost Platform Capability
Alpha Financial Markets Consulting (Alpha FMC) announced it will acquire Elgin White Limited, a specialist investment technology and platform delivery consultancy. The deal expands Alpha FMC’s investment platform transformation capabilities, especially in Charles River Development, and follows its recent purchase...
Fiserv Sells Stake in ATM Business to Bridgeport Partners, Forming Joint Venture
Payments processor Fiserv announced it has agreed to sell a minority stake in its ATM business to Bridgeport Partners, creating a joint venture. The transaction, disclosed in an investor day presentation, aims to unlock value and focus on core banking...
Stream Raises $5.2M Seed Extension Led by BECO Capital
Saudi Arabia‑based fintech Stream secured a $5.2 million seed extension round, led by BECO Capital with participation from STV, Flourish Ventures, Arab Bank, Outliers and BYLD. The funding brings total seed financing to $9.2 million, supporting its billing and payments infrastructure platform...
US-Based Numero Acquires Royu To Expand Its AI Finance Platform
US-based AI finance platform Numero has acquired Chennai-headquartered finance automation startup Royu in a cash‑and‑stock transaction reported as a double‑digit‑million‑dollar deal. The acquisition brings Royu’s AI accounting agents and its team into Numero’s leadership, expanding its AI finance platform for...
Snoonu Invests in Qatari Accounting SaaS Startup HASIF
Qatar-based Snoonu announced an undisclosed investment in HASIF, a Qatari AI-powered accounting SaaS platform for SMEs, through its Startup Factory initiative. The funding supports HASIF’s development of digital accounting, invoicing, and compliance tools for small businesses across Qatar and the...
Osero Raises $13.5M in Financing Round Led by Sky Ecosystem
Stablecoin‑yield infrastructure project Osero announced a $13.5 million financing round led by Sky Ecosystem and co‑led by Plasma, with participation from angel investors USDT0, Maple, Accountable, Four Pillars, RedStone, The Rollup and Kairos Research. The funds will support Osero’s Earn, App...
KDDI Invests $65M in Monex’s Coincheck Group N.V.
Monex Group’s subsidiary Coincheck Group N.V. secured a $65.06 million capital investment from KDDI Corporation, acquiring a 14.9% stake via a share subscription at $2.28 per share. The deal was announced on May 12, 2026 and Coincheck remains a Monex consolidated subsidiary.
Fifth Dimension Secures $26M Series A Funding to Expand Decision Intelligence Platform
London-based AI startup Fifth Dimension announced a $26 million Series A round led by HV Capital, with participation from Prudence, Mercia, MMC, AFG, Speedinvest, Seedcamp and Anthemis. The funding will support expansion across the US and Asia Pacific, a new...
Araxi Shareholders Approve Acquisition of 80% of Pay@ Group
JSE‑listed fintech firm Araxi announced that its shareholders have approved the acquisition of an 80% stake in South African payment aggregator Pay@ Group, with competition authorities also approving the transaction. The deal, expected to close in May, will expand Araxi's...
Ripple Prime Secures $200m Debt Facility for Growth
Ripple Prime, the multi-asset prime brokerage platform of Ripple, has secured a $200 million debt facility from Neuberger Specialty Finance to fund its expansion. The facility, which can be drawn in full, will support increased margin capacity and lending to institutional...
Ripple Secures $200M Funding Facility From Neuberger Berman for Ripple Prime Expansion
Ripple's prime brokerage unit, Ripple Prime, closed a $200 million funding agreement with investment firm Neuberger Berman to expand its margin financing capabilities for traditional and digital‑asset markets. The facility will support growing demand for the multi‑asset platform, whose revenue...
Wise Launches on Nasdaq, Begins Trading Under Ticker WSE
Global fintech company Wise (LON:WISE) started trading on the Nasdaq under the ticker WSE on May 11, 2026, while retaining its London listing. The dual‑listing aims to tap the U.S. capital market and expand its presence among American consumers and...
Restive Ventures Closes $45M Fund III to Back AI-Native Financial Services
Early-stage venture capital firm Restive Ventures announced the close of its third fund, raising $45 million. The new Fund III will focus on backing AI-native financial services companies, expanding the firm's investment thesis in fintech and artificial intelligence. The fund...
Circle Raises $222M in Arc Token Presale, Valuing Network at $3B
Circle Internet Financial raised $222 million in a presale of its Arc tokens, valuing the Arc network at $3 billion. The token sale took place early Monday and supports Circle’s AI‑driven agentic commerce and stablecoin initiatives. The funds will help launch...
Fintech Startup Freo Acquires IndiaLends
Fintech startup Freo announced it has acquired digital‑lending marketplace IndiaLends, gaining full ownership of the platform. The combined entity will serve over 50 million users, leveraging Freo’s licences and IndiaLends’ loan marketplace. Freo plans a large capital raise to fund its...
Kalshi Raises $1B in Series F Funding Round at $22B Valuation
Kalshi, a leading U.S. prediction market platform, closed a $1 billion Series F round on May 7, valuing the company at $22 billion. The funding will support expansion of block trading, institutional integrations, and platform growth, marking one of the largest financings in the...
Mesta Raises $7.5M in Pre‑Seed and Seed Funding to Expand Platform
Miami‑based stablecoin infrastructure startup Mesta announced it has raised $7.5 million in pre‑seed and seed funding to broaden its platform beyond payments into virtual bank accounts, self‑custody wallets, stablecoin yield and card products. The expansion aims to help businesses manage cross‑border...
Ramp Raises $750M at $40B+ Valuation
Corporate card and expense management startup Ramp announced a $750 million fundraising round, valuing the company at over $40 billion. Existing investors Iconiq Capital and GIC co‑led the round. The capital will support Ramp's growth and product expansion.
Kissht Raises $112M in IPO, Shares Surge 22% on Debut
Digital lending platform Kissht completed its IPO on Indian stock exchanges, raising Rs 926 crore (~$112M) through a fresh issue and an offer for sale. The shares opened at Rs 171 and closed 22% higher at Rs 209, marking a...
Kaleidofin Closes $1.8M Agri-Finance Securitisation in Kenya
Fintech platform Kaleidofin announced the first close of a local currency securitisation programme aimed at financing smallholder agriculture in Kenya. The deal raised KES 276 million (approximately $1.8 million) in debt financing. The transaction marks a significant step in expanding...
Pagaya Technologies Raises $2.1B via Four ABS Transactions
Pagaya Technologies Ltd announced it raised $2.1 billion through four asset‑backed securities (ABS) transactions in Q1 2026, attracting five new institutional investors and completing its first auto resecuritization. The financing included an $800 million ABS deal upsized from $600 million, providing liquidity for its...
Payward to Acquire Reap Technologies Holdings for Up to $600 Million
Payward, Inc., a unified financial infrastructure platform, announced a definitive agreement to acquire Reap Technologies Holdings Limited, a stablecoin‑native card issuing and payments infrastructure company, for up to $600 million in cash and stock. The acquisition expands Payward Services' B2B platform...
Aptos Foundation and Labs Commit $50M to Boost AI Agents and Institutional Trading on Blockchain
The Aptos Foundation and Aptos Labs announced a $50 million funding push to accelerate AI agent development and institutional‑grade trading on the Aptos blockchain. The capital will fund in‑house applications, advanced research, protocol upgrades, and a strategic fund for high‑frequency trading...
Parafin Upsizes Warehouse Credit Facility, Adding EverBank as New Lender
Parafin announced the expansion of its warehouse credit facility, adding EverBank as a new A‑note lender and increasing its borrowing capacity. The facility is supported by Silicon Valley Bank (a First Citizens Bank division) and Trinity Capital. The upsized line...
Ecofy Secures $15M Debt Financing From Mirova
Ecofy, a Mumbai‑based non‑banking financial firm focused on climate solutions, has secured a $15 million debt financing from Mirova. The funds will be used to expand lending for rooftop solar, electric mobility and other climate initiatives across India. The deal follows...
Isio to Acquire Collidr, Boosting Adviser Offering with AI-Driven Tech
Isio, a UK wealth platform backed by Aquiline, announced it will acquire fintech Collidr, which manages over £3.8bn in assets and offers AI-driven model‑portfolio technology. The acquisition will integrate Collidr’s technology into Isio’s investment solutions for financial advisers, subject to...
Paymenow Merges with PayCurve to Create South Africa's First Integrated Employee Financial Wellness Platform
Stellenbosch‑based Paymenow has completed a merger with Johannesburg fintech PayCurve, creating South Africa’s first fully integrated employee financial wellness platform under the Paymenow brand. The combined entity will offer earned‑wage access, savings, financial education and proactive debt‑intervention to over 750,000...
Profitize Raises $1.5M Seed Round to Scale AI-Powered Financial Planning for Hospitality
South Tyrolean startup profitize closed a $1.5 million seed funding round led by Alpine Fund and the Austrian aws Gründungsfonds to expand its AI-driven financial planning platform for hotels and food‑and‑beverage businesses across Europe. The capital will fund technology development, market...
Elastics Raises $2M Pre‑seed to Build AI Agents for Prediction Markets
Elastics, a startup founded by former Goldman Sachs professional Szymon Pawica, announced a $2 million pre‑seed round to develop AI agents for prediction markets. The funding will support its “Trade with Words” natural‑language interface that aims to bring algorithmic trading capabilities...