Press
Celero Commerce Acquires Petroleum Processing Solutions
Celero Commerce, a financial technology company focused on optimized payment solutions for small to mid-sized businesses and strategic partners, today announced the acquisition of substantially all the assets of Petroleum Processing Solutions, a Massachusetts-based payments provider specializing in pay-at-the-pump and multi-lane retail solutions for independent fuel and convenience merchants nationwide. This acquisition marks a strategic entry into the fuel sector, building directly on Celero’s 2024 acquisition of Precision Payments, a recognized leader in grocery and convenience store processing. Together, these moves establish Celero as a formidable competitor and preferred provider across fuel, convenience, and grocery retail verticals which represent high-growth, operationally complex segments where specialized technology,
Capital Markets Tech / WealthTech
Elliptic Secures $120 Million Investment From Nasdaq Ventures, Deutsche Bank, One Peak and the British Business Bank
Elliptic, a global leader in digital asset decisioning, has closed a $120 million Series D funding round led by One Peak, with participation from
Chart Of The Week
FIS Launches Lyriq™: A Bank-Native Platform for Digital Money
On April 29, 2026, FIS (NYSE: FIS), a global financial technology service firm, officially launched Lyriq™, an internally developed platform built for regulated banks
Blockchain
Payments Infrastructure Start-Up Fun Exits Stealth With $72M Series A
Fun‘s $72 million Series A, co-led by Multicoin Capital and SignalFire with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen, highlights
E-commerce
Fintech Startup Parker Files for Bankruptcy
Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, filed for Chapter 7 bankruptcy, underscoring the challenges E-COMMERCE fintech
Embedded Finance
Equipifi Secures $34M to Help Banks Embed BNPL
Equipifi, the fintech platform enabling banks and credit unions to offer flexible payment solutions natively within their digital banking experience, has raised $34 million
Fintech AI
Vertex and Brinta: Advancing AI-Driven E‑Invoicing Across Latin America
Vertex‘s acquisition of Brinta, an AI-native e-invoicing startup built for Latin America, demonstrates the growing role of FINTECH AI in tax compliance as e-invoicing requirements
IDV / AML / KYB / Biometrics
Frame Raises $50M to Counter AI Impersonation Threats to Identity Systems
Frame, a cybersecurity startup, has raised $50 million led by Team8, Index Ventures, and Picture Capital, with participation from Elad Gil, Cerca Partners, and Tesonet,
Stablecoins
Circle Raises $222 Million For Arc, Beats Q1 Earnings Estimates But Misses on Revenue
Circle, issuer of the world’s second-largest stablecoin USDC, reported first-quarter earnings that exceeded estimates, with revenue up 20%. The company also raised $222 million in
Open Banking
Perplexity Upgrades Finance Capabilities
Perplexity’s finance upgrades aim to make AI a more interactive financial analysis tool by integrating live market data with users’ brokerage information through Plaid. This
Payments
Fintech Ramp Eyes $40 Billion+ Valuation in New Funding Round Talks
Ramp, the New York-based fintech platform streamlining business spending, has raised $750 million at a valuation above $40 billion, co-led by existing backers Iconiq
PropTech
Italy’s Largest Vertical SaaS Round: Smartness Raises €47M to Scale AI Operations
Smartness‘s €47 million Series B, led by United Ventures and CDP Venture Capital with participation from existing investor Partech, expands PROPTECH in hospitality by
AML
Frame Raises $50M to Counter AI Impersonation Threats to Identity Systems
Frame, a cybersecurity startup, has raised $50 million led by Team8, Index Ventures, and Picture Capital, with participation from Elad Gil, Cerca Partners, and Tesonet,
Specialty Finance / LendTech
Ripple Prime Secures $200M Debt Facility for Growth
Ripple, a blockchain-based enterprise solutions provider spanning traditional and digital finance, has raised a $200 million debt facility from Neuberger Specialty Finance, expanding SPECIALTY
InsurTech
Wopta Lands €5M to Scale Phygital Insurance Platform
Wopta‘s €5 million raise, supported by Make Your Credit, supports INSURTECH growth through a “phygital” insurance model that combines digital tools with physical broker
WealthTech
SoFi Acquires UK Retail Investment Platform PrimaryBid
SoFi‘s acquisition of PrimaryBid, a UK fintech that provides retail investors with access to public markets, advances its WEALTHTECH strategy by enabling access to
Press
Fintech Investment Bank Wellesley Hills Financial Expands Capabilities with New Executive Advisors
Announces addition of two recognized fintech and payments leaders to the team NEWTON, Mass.–(BUSINESS WIRE)–Wellesley Hills Financial, a global investment bank and strategic advisory
Week's Most Interesting
Capital Markets Tech
Elliptic Secures $120 Million Investment From Nasdaq Ventures, Deutsche Bank, One Peak and the British Business Bank
Elliptic, a global leader in digital asset decisioning, has closed a $120 million Series D funding round led by One Peak, with participation from
Chart Of The Week
FIS Launches Lyriq™: A Bank-Native Platform for Digital Money
On April 29, 2026, FIS (NYSE: FIS), a global financial technology service firm, officially launched Lyriq™, an internally developed platform built for regulated banks and
Crypto
Payments Infrastructure Start-Up Fun Exits Stealth With $72M Series A
Fun‘s $72 million Series A, co-led by Multicoin Capital and SignalFire with participation from Infinity Ventures, Pharsalus Capital, and Tinder co-founder Justin Mateen, highlights BLOCKCHAIN’s
Embedded Finance
Equipifi Secures $34M to Help Banks Embed BNPL
Equipifi, the fintech platform enabling banks and credit unions to offer flexible payment solutions natively within their digital banking experience, has raised $34 million in
E-commerce
Fintech Startup Parker Files for Bankruptcy
Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, filed for Chapter 7 bankruptcy, underscoring the challenges E-COMMERCE fintech platforms
Fintech AI
Vertex and Brinta: Advancing AI-Driven E‑Invoicing Across Latin America
Vertex‘s acquisition of Brinta, an AI-native e-invoicing startup built for Latin America, demonstrates the growing role of FINTECH AI in tax compliance as e-invoicing
IDV / AML / KYB / Bioemetrics
Frame Raises $50M to Counter AI Impersonation Threats to Identity Systems
Frame, a cybersecurity startup, has raised $50 million led by Team8, Index Ventures, and Picture Capital, with participation from Elad Gil, Cerca Partners, and Tesonet,
Wealthtech
SoFi Acquires UK Retail Investment Platform PrimaryBid
SoFi‘s acquisition of PrimaryBid, a UK fintech that provides retail investors with access to public markets, advances its WEALTHTECH strategy by enabling access to
Open Banking
Perplexity Upgrades Finance Capabilities
Perplexity’s finance upgrades aim to make AI a more interactive financial analysis tool by integrating live market data with users’ brokerage information through Plaid. This
Payments
Fintech Ramp Eyes $40 Billion+ Valuation in New Funding Round Talks
Ramp, the New York-based fintech platform streamlining business spending, has raised $750 million at a valuation above $40 billion, co-led by existing backers Iconiq
Italy’s Largest Vertical SaaS Round: Smartness Raises €47M to Scale AI Operations
Smartness‘s €47 million Series B, led by United Ventures and CDP Venture Capital with participation from existing investor Partech, expands PROPTECH in hospitality by scaling
Insurtech
Wopta Lands €5M to Scale Phygital Insurance Platform
Wopta‘s €5 million raise, supported by Make Your Credit, supports INSURTECH growth through a “phygital” insurance model that combines digital tools with physical broker distribution.
Specialty Finance / LendTech
Ripple Prime Secures $200M Debt Facility for Growth
Ripple, a blockchain-based enterprise solutions provider spanning traditional and digital finance, has raised a $200 million debt facility from Neuberger Specialty Finance, expanding SPECIALTY FINANCE