Wise, Wealthsimple Partner to Enable Global Payments for Canadians

Wise Platform, Wise’s (LON:WISE) global payments infrastructure for banks and enterprises, announced it’s working with Wealthsimple, a financial services platform on a mission to help Canadians achieve financial freedom, on an improved offering for sending money internationally. This partnership enables Wealthsimple’s customers across Canada to… Read More

Real Estate Firm Module Five Capital to Enable Lending Platform Growth with Facility from OakNorth

UK’s digital bank OakNorth announced recently that it has now provided a $30m note-on-note revolving credit facility to Module Five Capital, the New York-based real estate lending platform. Established back in 2020 by Max Gejerman, Yehuda Krauss, and Nisson Hyman, Module Five Capital is a… Read More

Hong Kong Exchanges and Clearing Ltd (HKEX) to Acquire Stake in Holding Co. of CMU OmniClear

Hong Kong Exchanges and Clearing Limited (HKEX) is pleased to announce that it entered into agreements in order to acquire a 20 per cent stake in the holding company of CMU OmniClear Limited, as the financial market infrastructure operators strengthen their partnership to advance the… Read More

Federato Raises $100M Series D

AI insurtech Federato has raised $100 million in Series D funding led by Growth Equity at Goldman Sachs Alternatives, with participation from returning investors Emergence Capital, Caffeinated Capital, StepStone Group, and Pear VC. This latest capital infusion reinforces a major shift in insurer sentiment away… Read More

Family Office Fintech Asseta AI Confirms $4.2M Seed Round

Asseta AI, a purpose-built accounting platform for family offices, today announced a $4.2 million seed funding round co-led by Nyca Partners and Motive Partners. The platform supports more than $10 billion in assets. Nearly one-third of family office clients manage over $1 billion. The capital… Read More

Insurtech Pibit.AI Confirms $7M Series A

Insurtech Pibit.AI this week announced a $7 million Series A to accelerate development of its Centralized Underwriting Risk Environment (CURETM). The round was led by Stellaris Venture Partners with participation from Y Combinator and Arali Ventures. Pibit.AI was founded by engineer Akash Agarwal. Having grown… Read More

Solflare Teams Up With Mastercard to Introduce Solana Self-Custody Debit Card

Solflare, the gateway to web3 and modern digital finance, partnered with Mastercard (NYSE: MA), in order to launch the Solflare Card, the self-custody debit card on Solana. Linking to users’ Solflare Wallets, the digital card enables users to complete instant debit card payments with USDC… Read More

Fintech Maxima Reports New Funding to Transform Accounting via Agentic Human-AI Collab

Maxima, the agentic AI platform for accounting automation, announced $41 million in Seed and Series A from Redpoint Ventures, Kleiner Perkins, Audacious Ventures. Maxima also mentioned in the announcement that the funding round has now been joined by former BlackLine CMO & Chief Strategy Officer… Read More

Colombian Fintech Addi Secures $71M Credit Upsize from Fasanara Capital, Goldman Sachs, BBVA Spark

Fasanara Capital has reportedly increased its credit commitment to Addi, a commerce and financial platform in Colombia, by $11 million as part of a $71 million upsizing of Addi’s credit facilities along with Goldman Sachs. This commitment enhances Addi’s capital position and supports its goal… Read More

Nuvei and European Payments Initiative Introduce Wero Payments for Digital Commerce Merchants

Nuvei announced that its eCommerce merchants have started processing transactions via Wero, the digital wallet of the European Payments Initiative (EPI). Wero is designed to deliver instant, secure account-to-account payments across Europe. Earlier, Nuvei were among the payment processors to complete a Wero transaction in… Read More

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