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Finovate

Finovate

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Blog tracking financial technology innovations and the latest developments in digital finance.

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Zambian Digital Bank Lupiya Raises $11.25M Series A Led by Alitheia IDF Fund
Deals•Feb 20, 2026

Zambian Digital Bank Lupiya Raises $11.25M Series A Led by Alitheia IDF Fund

Zambian neobank Lupiya secured $11.25 million in Series A funding to expand its digital banking services across Southern and East Africa. The round was led by IDF Capital’s Alitheia IDF Fund with participation from INOKS Capital and KfW DEG. The capital will be used to strengthen technology infrastructure, broaden product offerings, and enter new markets.

Finovate
ThetaRay Launches Ray, An Agentic AI Investigation Suite
News•Jan 28, 2026

ThetaRay Launches Ray, An Agentic AI Investigation Suite

ThetaRay introduced Ray, an agentic AI investigation suite designed to automate and standardize AML transaction monitoring for banks and fintechs. The platform addresses rising alert volumes and stricter regulations such as the EU AMLR and US FinCEN AML/CFT directives by...

By Finovate
FinovateEurope 2026 Sneak Peek Series: Part 4
News•Jan 27, 2026

FinovateEurope 2026 Sneak Peek Series: Part 4

FinovateEurope 2026 will showcase three innovative fintech solutions. Elephant, from Pipl, offers GDPR‑compliant identity intelligence and fraud signals to streamline onboarding and compliance. Opentech’s OpenPay for Merchants embeds Buy‑Now‑Pay‑Later into merchant checkout, creating a new credit distribution channel for banks....

By Finovate
FreeAgent and Fathom Partner to Help SMEs Better Manage Finances
News•Jan 22, 2026

FreeAgent and Fathom Partner to Help SMEs Better Manage Finances

UK accounting software provider FreeAgent has announced a partnership with Australian reporting platform Fathom, integrating real‑time profit‑and‑loss reporting, cash‑flow forecasting and KPI dashboards into its ecosystem. The automatic data sync enables small‑business owners and their accountants to generate interactive management...

By Finovate
Airwallex Acquires Paynuri to Move Into Korea
News•Jan 22, 2026

Airwallex Acquires Paynuri to Move Into Korea

Airwallex announced the acquisition of South Korean payments firm Paynuri, securing a payment gateway, prepaid instrument, and foreign‑exchange licences. The deal gives Korean enterprises immediate access to Airwallex’s multi‑currency platform for international payments and expense management. Backed by a fresh...

By Finovate
Airwallex Acquires Paynuri to Expand Into South Korea
Deals•Jan 22, 2026

Airwallex Acquires Paynuri to Expand Into South Korea

Singapore‑based payments platform Airwallex announced it is acquiring South Korean payment gateway Paynuri, securing local payment, prepaid and foreign‑exchange licences. Financial terms were not disclosed. The acquisition aims to accelerate Airwallex’s entry into the Korean market and strengthen its APAC...

Finovate
Alloy Unveils Perpetual KYB and Customer Risk Assessment
News•Jan 21, 2026

Alloy Unveils Perpetual KYB and Customer Risk Assessment

Alloy, the identity orchestration platform, has introduced its first perpetual Know Your Business (pKYB) and Customer Risk Assessment (CRA) solution across the UK and Europe. The offering builds on its earlier perpetual KYC product and uses AI‑driven continuous monitoring to...

By Finovate
Fintech Rundown: A Rapid Review of Weekly News
News•Jan 20, 2026

Fintech Rundown: A Rapid Review of Weekly News

Fintech’s weekly roundup spotlights AI’s rising valuation and deployment, new payment partnerships, and record credit extensions. ElevenLabs is in talks that could push its valuation to $11 billion, while Synechron rolls out AI agents for workflow automation. dLocal teams with Honor...

By Finovate
FinovateEurope 2026 Sneak Peek Series: Part 1
News•Jan 15, 2026

FinovateEurope 2026 Sneak Peek Series: Part 1

FinovateEurope 2026’s sneak‑peek highlights four innovators set to demo in London on February 10. AAZZUR offers a vendor‑agnostic, plug‑and‑play platform that can launch banking and card products in four to six months at a fraction of traditional costs. Francis delivers an...

By Finovate
Fintech Rundown: A Rapid Review of Weekly News
News•Jan 12, 2026

Fintech Rundown: A Rapid Review of Weekly News

Google launched the Universal Commerce Protocol (UCP), an open standard designed to power agentic, AI‑driven commerce experiences. Early adopters include PayPal, which announced support for UCP‑enabled checkout, and Walmart, which partnered with Google to roll out agent‑led shopping. FIS introduced...

By Finovate
Bilt Embeds Loyalty at Checkout with Verifone
News•Jan 9, 2026

Bilt Embeds Loyalty at Checkout with Verifone

Bilt has partnered with Verifone to embed its loyalty and customer‑experience platform directly into Verifone Victa point‑of‑sale devices. The native integration requires no additional hardware and operates across multiple payment providers, simplifying merchant adoption. For Bilt, the deal opens a...

By Finovate
Transforming Business Banking with US Bank’s Shruti Patel
News•Jan 8, 2026

Transforming Business Banking with US Bank’s Shruti Patel

In a FinovateFall 2025 interview, US Bank EVP Shruti Patel outlined the bank’s aggressive push into small‑ and mid‑market business banking. The strategy emphasizes ultra‑simple operating, savings and money‑market accounts, rewarding credit cards, and especially small‑dollar access loans, where US...

By Finovate
FinovateEurope Best of Show Winner Finshape Introduces New CEO Neil Budd
News•Jan 7, 2026

FinovateEurope Best of Show Winner Finshape Introduces New CEO Neil Budd

Finshape, the Czech digital‑banking fintech that won Best of Show at FinovateEurope 2022, has named Neil Budd as its new chief executive. Budd succeeds founder Petr Koutný, who will become chairman of the board. The veteran brings more than 25...

By Finovate
Cobalt Credit Union Teams Up with Eltropy to Deploy AI Voice
News•Jan 6, 2026

Cobalt Credit Union Teams Up with Eltropy to Deploy AI Voice

Eltropy announced that Nebraska‑based Cobalt Credit Union has rolled out its AI Voice solution, dubbed “Coby,” across its contact center. The deployment delivered an 83% session containment rate, surpassing typical voice AI benchmarks of 60‑80% and maintaining strong member satisfaction....

By Finovate
Experian Integrates Corporate Commercial Data to Its Ascend Platform
News•Jan 5, 2026

Experian Integrates Corporate Commercial Data to Its Ascend Platform

Experian announced that its full commercial data suite is now integrated into the cloud‑based Ascend platform. The addition gives users access to over six years of granular credit information on more than eight million UK businesses, including risk scores and...

By Finovate
Where Are They Now? Highlights From FinovateEurope 2025 Best of Show Winners
News•Dec 29, 2025

Where Are They Now? Highlights From FinovateEurope 2025 Best of Show Winners

FinovateEurope 2025 highlighted three Best of Show winners that have since accelerated growth. Keyless’s privacy‑preserving biometric login was acquired by Ping Identity, integrating zero‑knowledge authentication into enterprise IAM. R34DY expanded its ABLEMENTS platform with four new modules, eight proofs of...

By Finovate
Ping Identity Acquires Keyless, Expanding Biometric Authentication Capabilities
Deals•Dec 29, 2025

Ping Identity Acquires Keyless, Expanding Biometric Authentication Capabilities

Identity and access management leader Ping Identity announced the acquisition of Keyless, a privacy‑preserving biometric authentication startup. The deal integrates Keyless’s zero‑knowledge biometric technology into Ping Identity’s platform, enhancing secure, passwordless login for enterprise customers. Financial terms were not disclosed.

Finovate
11 Finovate Alums Raised More than $1.4 Billion in Q4; More Than $3.3 Billion in 2025
News•Dec 27, 2025

11 Finovate Alums Raised More than $1.4 Billion in Q4; More Than $3.3 Billion in 2025

Finovate alumni secured more than $1.4 billion in Q4 2025, marking the strongest fourth‑quarter finish in over a decade. The 46 alums that raised capital this year amassed over $3.3 billion, the highest annual total since the 2021 boom. Notable deals included $500 million...

By Finovate
Socure Acquires BNPL Consumer Credit Database Qlarifi
News•Dec 23, 2025

Socure Acquires BNPL Consumer Credit Database Qlarifi

Socure has acquired Qlarifi, the real‑time BNPL consumer credit database, to build a unified identity and anti‑fraud infrastructure for buy‑now‑pay‑later lending. The integration combines SocureID, its Identity Graph, and Qlarifi’s transaction history, giving lenders instant visibility into BNPL activity. This...

By Finovate
Socure Acquires BNPL Consumer Credit Database Qlarifi
Deals•Dec 23, 2025

Socure Acquires BNPL Consumer Credit Database Qlarifi

Identity verification platform Socure announced the acquisition of BNPL consumer credit database Qlarifi, creating a unified real-time credit infrastructure for BNPL lenders. The deal, announced on December 23, 2025, combines Socure's identity graph with Qlarifi's transaction data to improve fraud...

Finovate
OnePay Becomes Infrastructure for Agent-Led Commerce
News•Dec 19, 2025

OnePay Becomes Infrastructure for Agent-Led Commerce

OnePay, Walmart's digital banking platform, announced its entry into Google’s Agent Payments Protocol (AP2) as a credential provider, shifting from traditional payments to infrastructure for AI‑driven, agent‑led commerce. Unlike Mastercard, PayPal and American Express, which supply payment rails, OnePay will...

By Finovate

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