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

UK’s Digital Bank Zopa Introduces Investments to Help Brits Build Wealth

Zopa Group PLC, a digital bank reportedly being used by 1.6 million customers, has entered the Investments market in order to help the 15 million UK consumers who currently may hold excess cash and want to grow their money. Intended for the nation’s new generation… Read More

Fintech Airwallex Partners with European Payments Initiative (EPI)

Airwallex, a global financial platform for modern businesses, announced its partnership with the European Payments Initiative (EPI), which developed Wero, the European digital wallet. Via this collab, Airwallex becomes a Principal Member of EPI, allowing merchants on its platform to offer Wero Wallet as a… Read More

IG Teams Up with Upvest to Expand Investment Offering across European Markets

IG (LSEG:IGG), a global trading and investments platform, has selected investment infrastructure provider Upvest to power its stock and ETF trading offering in France, marking the first step in a broader European rollout. This partnership supports IG’s strategy to broaden its product offering through access… Read More

Worktech DailyPay Added by Forbo Movement Systems as Financial Wellness Benefit

Forbo Movement Systems, a global belt supplier, has partnered with DailyPay, the enabler of On-Demand Pay and financial wellness solutions. With this collab, Forbo’s U.S. and Canada-based workers are now enabled with more choice and greater control over their earned pay. Forbo Movement Systems has… Read More

First Abu Dhabi Bank to Enable Real-Time Payments Across Middle East

Thunes, the so-called Smart Superhighway to move money across the globe, announced that First Abu Dhabi Bank (FAB), the UAE’s Global bank, and one of the world’s largest financial institutions, has reportedly selected Thunes as its provider to support international mobile wallet payouts via its… Read More

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