Fintech Firm PicPay Reaches $2.5B Valuation in US IPO

Brazilian fintech PicPay (Nasdaq:PICS) controlled by the billionaire Batista brothers—known for their role in the global meatpacking industry through JBS—has gone public on the Nasdaq in New York, achieving a valuation of approximately $2.5 billion. The Fintech company raised $434 million by selling about 22.86… Read More

SoFi Technologies Reports Q4 2025 Results, Achieves Revenue of $1B, Net Income of $174M

SoFi Technologies (NASDAQ: SOFI) announced fourth-quarter results for 2025 on January 30, 2026, with profitability surging thanks to steady loan activity and accelerated expansion in its fee-based operations. The San Francisco-based firm, which began as a student loan refinancing platform in 2011 and has since… Read More

Lithic, Stearns Bank Announce BIN Partnership

Lithic, a card issuer processing platform, this week announced a partnership with Stearns Bank, a Minnesota-headquartered financial services institution with more than a century of experience and customers nationwide. This collaboration expands Lithic’s enterprise-grade card program capabilities, enabling fintechs to launch consumer and commercial card programs… Read More

FlexTecs Announces Cohere Capital Investment

FlexTecs, a provider of recovery audit, contract compliance, and payment accuracy software and solutions, has announced a strategic investment from Cohere Capital, a Boston-based private equity firm focused on investing in differentiated technology and tech-enabled services companies. Through its services and technology, FlexTecs reviews more… Read More

Growfin, Credit Pulse Announce AR Partnership

Growfin, an AI-native accounts receivable automation firm, is partnering with Credit Pulse, an AI-powered credit risk management platform. Together, the companies will leverage Agentic AI to help enterprises leverage credit risk-decisioning and accounts receivable management to improve cash flow efficiency, reduce bad debt, and strengthen… Read More

Nubank Approved for US Bank Charter

South America-based digital bank Nubank (Nu)  (NYSE:NU)has received approval for a federal bank charter by the Office of the Comptroller of the Currency. With approval, Nubank will be able to compete on a level playing field with other digital and legacy banks. As is typical,… Read More

Equifax Unveils New Tools to Streamline Auto Lending with Verified Job and Income Data

Equifax (NYSE: EFX) has introduced its innovative Employment Insights solutions tailored specifically for auto dealers. Announced recently, these tools integrate authenticated employment and earnings information from The Work Number database with the company’s standard consumer credit reports. This combination provides lenders with a more comprehensive… Read More

Melio’s AI-Powered Agent Mel Targets Customer Service

Melio, an accounts payable and receivable platform, this week announced the launch of Agent Mel, an AI-powered assistant and expert guide that delivers quick responses and insights for payment, product, and vendor questions. The conversational agent helps accountants, bookkeepers, and SMBs access critical information and… Read More

Proptech Firm Propy Secures $100M Credit Facility to Enhance Real Estate Closing Process

In a new development for the proptech sector, Miami-based Propy has secured a $100 million credit facility to accelerate its mission of overhauling the traditional real estate closing process. The funding, led by Metropolitan Partners Group, marks the company’s first foray into the private credit… Read More

Volt and ClearBank Join Forces to Enhance Merchant Payment Solutions in the UK and Europe

Volt, a platform for real-time, rail-independent money transfers, has teamed up with ClearBank, a specialist in real-time clearing and integrated banking services. This alliance is set to elevate Volt’s cash management features tailored for accounts, pushing the boundaries of open banking payments to new heights… Read More

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