With solely two extra weeks earlier than the vacation season and 2025 take over the calendar, let’s make this one depend. Final week’s information cycle was rife with funding and M&A exercise. Will this week convey the identical? Keep tuned to search out out. We’ll add the most recent fintech information all through the week because the house evolves.
Digital banking
Revolut applies for NZ banking license.
SBS (previously Sopra Banking Software program) companions with Purple Hat to speed up digital transformation for monetary establishments.
audax and Tuum accomplice to speed up digital transformation for monetary establishments.
Wealthtech
German wealthtech startup NAO raises €3.4 million to make non-public investments extra accessible throughout Europe.
Funds
Paytm sells PayPay stake to SoftBank for $279.2 million.
U.Ok.-based paytech platform Blink Cost inks partnership with enterprise useful resource planner (ERP) Enterprise Pilot.
Blink Cost companions with Enterprise Pilot to deal with installer business late funds.
Fraud, safety, and authentication
BioCatch integrates with Q2’s digital banking platform.
TurboCheck companions with biometric identification verification and authentication options supplier authID.
Courtesy of its collaboration with Microsoft, ThetaRay launches its GenAI Monetary Crime Detection Suite.
Enterprise monetary administration
Swedish spend administration options firm Mynt raises $23 million (€22 million).
Insurtech
Brethren Mutual Insurance coverage Firm implements ClaimsPay from digital funds platform for the insurance coverage business, One Inc.
Photograph by Matt Popovich on Unsplash
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