Allica Bank announced this past week the acquisition of Kriya, the SME lending Fintech specialising in SME working capital and embedded finance. The move aims to boost Allica’s SME lending proposition and sees the UK based Fintech move into the embedded payments market. The businesses… Read More
Tagged acquisition, allica bank, kriya, uk, united kingdom
Al Baraka Bank Egypt said it signed a final agreement to acquire full ownership of Amlak Finance Egypt SAE from Amlak Finance PJSC of the United Arab Emirates, as the lender moves to expand in real estate mortgage finance and non-bank financial services after receiving… Read More
Tagged Al Baraka Bank Egypt, Amlak, banking, dubai, egypt
Banking industry profit margins are potentially facing a significant $170 billion hit from the rise of AI, according a report from McKinsey. And failure to adapt to consumers’ growing usage of artificial intelligence may lead to banks losing billions of dollars in earnings, the report… Read More
JPMorgan Chase & Co. (NYSE:JPM) recently noted that it will be allowing institutional customers to use their Bitcoin (BTC) and Ethereum (ETH) as a form of collateral for loans, marking a significant shift in how Wall Street’s largest banking institutions leverages digital assets as part of… Read More
Tagged bitcoin, collateral, ethereum, jpmorgan
Clerq, a payments platform for high-ticket transactions, has secured $21 million in capital to power the future of payments. The funding includes a $12 million Series A round led by 645 Ventures, with participation from existing investors FirstMark Capital, Fika Ventures, Commerce Ventures, and Dash Fund. The Series A also included new strategic participation… Read More
Tagged Clerq, funding round, Josh Holm, Nnamdi Okike, payments
BillGO, a payments technology company, recently released new research examining the state of small business financial health. The study, The Small Business Payments Pulse, highlights how payment delays and fraud are impeding small business growth in 2025. BillGO partnered with Ipsos, a leading global market… Read More
Tagged BillGO, cash flow, Dan Holt, Kathy Menis
Early Warning Services, the network operator of Zelle, announced a new initiative to allow Zelle to provide faster and reliable cross-border money movement. The update marks a key step in expanding the reach of Zelle globally by leveraging stablecoins. Zelle is a preferred way of… Read More
Tagged early warnings, payments, zelle
Open source startup Chainguard said it raised $280 million in growth financing from General Catalyst’s Customer Value Fund, adding to a rapid funding pace that includes an April Series D and brings its total secured in the past six months to $636 million, or $892… Read More
Tagged Chainguard, funding round, general catalyst, open source
As widely reported, the Federal Reserve Governor Christopher Waller proposed “skinny” master accounts for payments-focused institutions, including crypto banks, during a Washington conference on October 21, 2025. This stripped-down access to the Fed’s payment rails—excluding perks like interest on balances or overdrafts—marks a decisive shift… Read More
Tagged banking, caitlin long, Crypto Adoption, custodia bank, federal reserve, skinny accounts, us
PensionBee noted that it helps with making it simpler to consolidate older 401(k)s and IRAs into a more transparent account so clients are able to see exactly where they might stand. According to an update from PensionBee, many rollovers tend to occur automatically, but if… Read More
Tagged insights, pensionbee, retirement, savings
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StartEngine Acquires Vinovest to Broaden Access to Alternative Assets
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