April 27, 2025 @ 9:35 pm By Omar Faridi  |  

Several of Wall Street’s largest banks, including Citigroup, BNP Paribas, and Natixis, found themselves entangled in the collapse of London-based firm Stenn, once heralded as a $1 billion trade-finance Fintech. The implosion, which unfolded rapidly, exposed critical oversights in due diligence and raised questions about… Read More

 Tagged fraud, london, stenn, trade finance

April 27, 2025 @ 9:31 pm By Tony Zerucha  |  

Theo, a network connecting on-chain capital to global markets via institutional-grade trading infrastructure, has raised $20 million in funding. The round was jointly led by Hack VC and Anthos Capital, with participation from venture capital firms including Manifold Trading, Mirana Ventures, Metalayer Ventures, Flowdesk, SCB, MEXC, Amber… Read More

 Tagged Abhi Pingle, Arijit Pingle, crypto exchange, Theo, TK Kwon

April 27, 2025 @ 9:28 pm By Tony Zerucha  |  

Better.com (NASDAQ: BETR), an AI-powered digital homeownership company, today announced a new partnership with Biz2Credit, a financing platform for small businesses. This collaboration will provide Biz2Credit’s customers with the option to receive $50,000 to $500,000 in additional financing options through Better.com’s Home Equity Line of… Read More

 Tagged better.com, biz2credit, heloc, rohit arora, smb financing, vishal garg

April 27, 2025 @ 9:09 pm By Tony Zerucha  |  

The Interledger Foundation, an organization building and advocating for an open, interoperable payments network, has announced its participation in three technological initiatives and five research projects. Among these initiatives is work with private fintech companies to streamline remittances for a major bank in Pakistan, power… Read More

 Tagged caribbean, Chris Lawrence, interledger foundation, jamaica, pakistan, payments, uganda

April 27, 2025 @ 7:44 pm By Tony Zerucha  |  

Affirm Holdings, Inc. (NASDAQ: AFRM) is expanding the credit reporting of its pay-over-time products to TransUnion (NYSE: TRU), the companies jointly announced today. All Affirm pay-over-time loans issued from May 1 onward, including Pay in 4 and longer-term monthly installments, will be reported to TransUnion…. Read More

 Tagged affirm, installment payments, Libor Michalek, steve chaouki, transunion

April 27, 2025 @ 6:52 pm By Tony Zerucha  |  

Revionics, a provider of retail pricing, has unveiled the alpha release of its multi-agent AI pricing system. The live demonstration and innovation showcase took place at the Google Cloud Next 2025 event in Las Vegas. Revionics’ Aakriti Bhargava, VP of engineering and AI, and Alex Braylan,… Read More

 Tagged Aakriti Bhargava, Alex Braylan, Josh Oettle, Revionics, Scott Zucker

April 27, 2025 @ 6:37 pm By Omar Faridi  |  

Spendesk, the spend management and procurement platform for mid-market companies, announces its company-wide adoption of Dust, European specialist in custom AI agents for enterprises. This collaboration enables Spendesk to increase efficiency, eliminate fragmented internal AI tool usage, and “ensure data security and compliance with UK… Read More

 Tagged dust, spendesk, uk, united kingdom

April 27, 2025 @ 5:46 pm By Omar Faridi  |  

Flex, the fintech company enhancing back office finance for ambitious business owners, and Maza, one of the largest entity formation and payments apps for Spanish-speaking solopreneurs and consumers, announce their M&A. As part of the deal, Maza will rebrand as Flex Consumer, “a new arm… Read More

 Tagged flex, latam, mas, maza, payments, spain

April 27, 2025 @ 5:42 pm By Omar Faridi  |  

A widespread outage struck Arvest Bank’s online and mobile banking platforms on April 25, 2025, affecting thousands of customers across Arkansas, Kansas, Oklahoma, and Missouri. The disruption, which began around 3 a.m. ET, reportedly prevented users from accessing their accounts, paying bills, or making transactions,… Read More

 Tagged arvest bank, online banking, outage, us

April 27, 2025 @ 5:40 pm By Michael Wong  |  

Ant Bank (Hong Kong), the digital banking arm of Ant International, has received a $100 million capital infusion from its parent company as it seeks to scale up its services and broaden its role in Hong Kong’s digital financial ecosystem. The funding, according to an… Read More

 Tagged ant bank, ant financial, ant international, digital banking, fintech, hong kong