SecureLend Targets Community Banks With AI Lending Platform

SecureLend this week announced the commercial launch of its AI-powered lending platform, designed to make loan origination up to 10 times faster and 60% more cost-efficient for community banks, factoring companies, and alternative lenders. The Delaware-based fintech said it is the first to introduce a large language model (LLM)-agnostic architecture, enabling institutions… Read More

Nubank’s Nu Asset Introduces ETF with Exposure to Selic Treasury Bond

Nu Asset Management, Nubank’s (NYSE: NU) investment manager, is introducing the Nu CDI Tesouro Selic B3 (NCDI11), a new fixed income ETF. The solution enables investors to access Letras Financeiras do Tesouro (LFT) – Selic-linked government bonds – tracking the performance of these securities over… Read More

Snapchat, Some Banks, Coinbase Others Impacted by AWS Outage

AWS, the incredibly successful infrastructure venture by Amazon (NASDAQ:AMZN) experienced an outage earlier today that impacted thousands of website. AWS confirmed the outage explaining there was an issue with a Domain Name System (DNS) failure that mainly impacted the US East – 1 region. While… Read More

Fireblocks Selected By Euronet to Enable Cross-Border Stablecoin Payments

Euronet (NASDAQ: EEFT), a firm focused on payments processing and cross-border transactions, announced it has chosen to leverage Fireblocks, an enterprise platform for digital asset infrastructure (non-custodial), settlement, trading operations and stablecoin payments. Fireblocks enables Euronet to integrate stablecoin tech into its payments infrastructure, “accelerating… Read More

UK Fintech GoCardless to Focus on European Business Expansion after Achieving Profitability

Bank payment Fintech GoCardless has elevated two company execs to its newly formed EMEA leadership team as it seeks to further expand its business operations in the fast-evolving market. Borja Valiente has been named VP of Sales and GM, EMEA and Hamish Wood as the… Read More

AAF Management Confirms $55M Fund, Past Bets Include MoneyLion, Flutterwave

AAF Management has closed a $55M early-stage hybrid fund. The Axis Fund invests in emerging managers (Funds I and II) and their most promising underlying portfolio companies at the pre-seed to pre-IPO stages. The Axis Fund is AAF’s fourth vintage and raises the firm’s assets-under-management… Read More

Paytech Basis Theory Announces $33M Series B

Basis Theory, an independent payments infrastructure company, this week announced a $33 million Series B round led by Costanoa, with participation from Stage 2 Capital, Moneta VC, and continued support from Bessemer Venture Partners, Kindred Ventures, Box Group, and Offline Ventures. The funding will accelerate… Read More

European Fintech Creditstar Announces New Funding Facility from Kilde

Creditstar Group, a European fintech providing digital consumer credit in eight markets and fixed-return investment product in 31 countries, has secured an additional $10 million funding facility from Singapore-based Kilde, reportedly increasing the total to $20 million. The capital injection reflects continued institutional confidence in… Read More

Instacart Introduces Business Features

Instacart (NASDAQ: CART) recently announced that a new, full suite of business features is available across the company’s white-label e-commerce solutions: Storefront and Storefront Pro retailers are already leveraging these capabilities to better support business customers, such as restaurants, offices, healthcare facilities, and schools, directly through… Read More

S&P Global Acquires With Intelligence for $1.8B

S&P Global (NYSE: SPGI) has agreed to acquire With Intelligence, a leading source of private markets data, insights and analytics, for $1.8 billion. The deal was cut with a group led by majority investor Motive Partners, a private investment firm exclusively focused on financial technology. By… Read More

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