InvestiFi, a Fintech Serving Community Banks, Credit Unions, Raises $20 Million

InvestiFi, a Fintech serving credit unions and community banks, has raised $20 million in growth capital. The funding round was led by Vibe Credit Union. Other investors include BankTech Ventures, various other credit unions, and more. The terms of the deal were not made available…. Read More

Emirates Rolls Out Cryptocurrency Payment Option via Crypto.com Pay

Emirates has activated a new digital payment pathway that lets qualifying customers settle flight bookings with cryptocurrency via Crypto.com Pay. The feature is now live on the airline’s website and mobile application, giving travellers an additional method beyond traditional cards and transfers. The service is… Read More

Apple Officially Announces Partnership with Klarna to Finance Product Leasing

Apple (NASDAQ:AAPL), one of the world’s largest companies, has partnered with Klarna (NYSE:KLAR) to enable product leasing for 12 to 36 months via “Apple Upgrade.” Currently, leases are only available to US residents As was previously reported, Klarna, a global BNPL and neobank, has formed similar partnerships… Read More

Major UK Banks Face Outages as Barclays, Halifax and Lloyds Clients Report Account Access Problems

Customers of several major UK high street banks faced disruptions to digital banking services on Monday, with widespread reports of difficulties completing online transfers and payments. Account holders at institutions including Lloyds Banking Group brands and Barclays encountered problems that began emerging around midday, according… Read More

Apex Fintech Must Rehire Engineer Fired for Criticizing DEI Efforts, NLRB Judge Rules

A National Labor Relations Board administrative law judge has determined that a financial technology firm unlawfully dismissed a data engineer after he posted public criticism of the company’s diversity, equity, and inclusion programs on social media. The ruling requires the company to restore the worker… Read More

AI Agents, Digital Assets Dominate Past Week’s Product Releases and Partnerships

Fintech innovators were busy integrating AI agents into their products and expanding into new markets. Wondergate’s Payment SaaS platform Payment SaaS platform is designed to help payment platforms and merchants rapidly build global acquiring capabilities. It contains Hong Kong MSO and US/Canada MSB licenses. A… Read More

Cross River Bank to Power X Money “Everything App,” Poised to Challenge Traditional Banks by Providing Superior Services

Cross River Bank will power X Money, part of the Elon Musk social media platform X. X has long held Fintech ambitions, aiming to become an “everything App.” X has emerged as the world’s community forum, offering global news and perspectives unfettered by opinion, where… Read More

Open Banking: Salt Edge Invests in Sientia

Open banking platform Salt  Edge has made a strategic investment in Sientia. Sientia is a “payments-linked advertising platform” that supports rewards, loyalty programs, and insight into purchasing activity. Sientia is a bootstrapped firm that works with global brands including Adidas, Ocado, Lyle & Scott, Honest… Read More

South Korean KB Kookmin Bank to Roll Out Cross-Border Payments via JPMorgan’s Kinexys Platform

One of South Korea’s commercial banks is preparing to introduce a new blockchain-powered option for corporate clients engaged in international trade. KB Kookmin Bank announced plans to introduce a specialized payment service next month that leverages JPMorgan’s Kinexys distributed-ledger network. The offering targets importers and… Read More

Checkout.com Advances UAE Operations with Preliminary Approval for Stored Value Facilities License

International digital payments provider Checkout.com has secured preliminary authorization for a Stored Value Facilities license from the Central Bank of the United Arab Emirates. This regulatory step positions the company to expand its local services by combining payment acceptance functions with card issuance capabilities within… Read More

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