May 25, 2025 @ 8:35 pm By Omar Faridi  |  

Stratyfy, a company specializing in credit decisioning, and Parlay Finance, a loan intelligence system, announced a partnership aimed at transforming how financial institutions lend small businesses the capital they need to thrive. The collab unites AI-powered technologies to deliver a frictionless intake and underwriting experience… Read More

 Tagged credit decisioning, loans, parlay finance, smbs, stratyfy

May 25, 2025 @ 6:22 pm By Tony Zerucha  |  

RevenueCat, a platform for managing consumer app monetization, has raised a $50 million Series C round led by Bain Capital Ventures. Returning investors Index Ventures, Y Combinator, Adjacent, Volo Ventures and SaaStr Fund also participated. This adds to the prior $12 million Series C that… Read More

 Tagged bain capital, funding round, Jacob Eiting, Mark Fiorentino, RevenueCat

May 25, 2025 @ 5:12 pm By Tony Zerucha  |  

This past week, SukuPay, a cryptocurrency-cross-border payments company, has been fully embedded as the remittance engine inside Zigi, the mobile app of Banco Industrial, Guatemala’s largest bank. SukuPay claims this is the first time a crypto-native protocol has gone live at this depth inside a… Read More

 Tagged Banco Industrial, cryptocurrencies, Guatemala, Michel Caputi, remittances, SukuPay, Yonathan Lapchik, Zigi

May 25, 2025 @ 4:52 pm By Omar Faridi  |  

BoomFi, a payment suite bridging crypto and fiat currencies, announced a  partnership with Paytiko, a payment orchestration platform. This collaboration aims to provide merchants “with access to cryptocurrency payment options, enhancing flexibility and expanding customer reach.” Founded in 2020, Paytiko has established itself as a… Read More

 Tagged BoomFi, crypto payments, digital transactions, paytiko

May 25, 2025 @ 4:43 pm By Omar Faridi  |  

EBA CLEARING announced that over 55 RT1 and STEP2 Participants across 14 countries are preparing to adopt its Fraud Pattern and Anomaly Detection (FPAD) Verification of Payee (VOP) solution to deliver VOP checks in compliance with the Instant Payments Regulation (IPR). These participants will connect… Read More

 Tagged eba clearing, europe, fraud, payments, verification

May 25, 2025 @ 3:55 pm By Tony Zerucha  |  

The LexisNexis Risk Solutions Cybercrime Report concisely describes how fraud has evolved over the past two years. First-party fraud, for one, surged in 2024, with BNPL and financial services companies popular targets. Fraudsters’ attack modes are also changing. In 2023, the top three types were… Read More

 Tagged bnpl, bots, fraud, lexisnexis risk solutions

May 25, 2025 @ 3:41 pm By Michael Wong  |  

Personal finance startup Monarch has secured $75 million in Series B financing, co-led by FPV Ventures and Forerunner Ventures, with continued backing from existing investors Menlo Ventures, Accel, SignalFire, and Clocktower Ventures. The raise underscores growing investor interest in digital tools aimed at tackling one… Read More

 Tagged monarch, personal finance

May 25, 2025 @ 3:31 pm By Michael Wong  |  

UAE-based Fintech startup Gainz has closed a seven-figure pre-seed funding round, combining equity and debt, as it looks to transform access to Shariah-compliant alternative financing for underserved small and medium enterprises (SMEs) across the Gulf Cooperation Council (GCC). The round was led by Antler MENAP,… Read More

 Tagged Gainz, mena, uae

May 24, 2025 @ 6:11 pm By Michael Wong  |  

India has established a new Payments Regulatory Board (PRB), a significant move that restructures the oversight of the country’s rapidly expanding digital payments ecosystem. The formation of the PRB under the Payments Regulatory Board Regulations, 2025, reflects a hybrid model of governance between the Reserve… Read More

 Tagged india, payments, Payments Regulatory Board

May 24, 2025 @ 4:10 pm By Michael Wong  |  

Pakistan’s financial markets regulator has banned 141 fraudulent digital loan applications as part of an intensified crackdown on online financial scams, according to 24NewsHD. The Securities and Exchange Commission of Pakistan (SECP) said the platforms were offering interest-free loans via Facebook and other social media… Read More

 Tagged digital lending, Digital Loan, pakistan