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
Capitolis Agrees $200M All-Cash Deal for Securities Lender eSecLending
Capitolis, a capital markets tech firm that builds financial resource optimization tools for banks and institutional investors, has agreed to acquire eSecLending, an independent
Chart Of The Week
Meta Launches Muse: AI That Does the Work for You
Meta (NASDAQ: META) announced Muse on September 8, 2026, a personal AI agent designed to complete tasks and answer questions. It is rolling out
Blockchain
Velocity Raises $10M Series A Extension, Bringing Total to $48M With Backing From Visa and Circle
Velocity, a London-based stablecoin payments and treasury platform, has raised a $10 million extension to its Series A from Visa Ventures, Circle Ventures, Ripple,
E-commerce
Ryft Raises £20M Series B to Back European and US Expansion
Ryft, a Manchester-based payment services provider for marketplaces, platforms, and multi-location ecommerce businesses, has raised £20 million ($26.7 million) in what it calls the
Embedded Finance
Stripe to Buy Embedded Finance Platform Parafin
Stripe has agreed to acquire Parafin, an embedded financial products platform that powers credit offerings for small businesses on platforms including DoorDash, Gusto, Jobber,
Fintech AI
Primer Raises $100M Series C to Scale AI Payments Platform
Primer, a payment orchestration infrastructure provider founded in 2020 by former PayPal and Braintree leaders, has raised a $100 million Series C led by Sofina,
IDV / AML / KYB / Biometrics
US Lawmakers Revive Broader Federal Biometric Surveillance Moratorium
A group of Democratic lawmakers has reintroduced the Facial Recognition and Biometric Technology Moratorium Act, legislation that would make it unlawful for a federal agency
Stablecoins
The Clearing House Partners with Quant to Advance the On-Chain Money Initiative
The Clearing House, the bank-owned operator of core US payment networks including RTP and CHIPS, has selected Quant, a provider of programmable money infrastructure, to
Open Banking
JPMorgan Tweaks Data-Sharing Notices in Battle With Fintechs
JPMorgan Chase will move its notices on the sharing of customer data with fintechs to the front of the Chase banking app, placing data-sharing options
Payments
mika Raises €6M to Make German Tax Advisers Optional
mika, a Berlin-based vertical AI startup, has raised a €6 million seed round led by Smedvig Ventures, with participation from Wecken & Cie. and
PropTech
GI Partners Acquires Majority Stake in Otodata as IoT Platform Monitors 3.5+ Million Tanks Globally
GI Partners, the San Francisco-based alternative investment firm with more than $50 billion raised since 2001 across private equity, real estate, and data infrastructure
AML
US Lawmakers Revive Broader Federal Biometric Surveillance Moratorium
A group of Democratic lawmakers has reintroduced the Facial Recognition and Biometric Technology Moratorium Act, legislation that would make it unlawful for a federal agency
Specialty Finance / LendTech
Kastle Raises $24M Series A Led by Insight Partners to Build the AI Workforce for Banking Operations
Kastle, a San Francisco-based lendtech AI platform, has raised $24 million in Series A funding led by Insight Partners, with continued participation from Y
InsurTech
Charter Space Raises $5M to Bring Insurance to the Stars
Charter Space, an El Segundo, California-based insurtech building software and insurance products for the space industry, has raised a $5 million seed round led
WealthTech
Ridgeline Raises $250M Series E, Valuing AI-Native Fintech at $1.425 Billion
Ridgeline, an AI-native investment management platform, has raised $250 million in an invitation-only Series E round led by founder and chairman Dave Duffield, valuing
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
Capitolis Agrees $200M All-Cash Deal for Securities Lender eSecLending
Capitolis, a capital markets tech firm that builds financial resource optimization tools for banks and institutional investors, has agreed to acquire eSecLending, an independent
Chart Of The Week
Meta Launches Muse: AI That Does the Work for You
Meta (NASDAQ: META) announced Muse on September 8, 2026, a personal AI agent designed to complete tasks and answer questions. It is rolling out in
Crypto
Velocity Raises $10M Series A Extension, Bringing Total to $48M With Backing From Visa and Circle
Velocity, a London-based stablecoin payments and treasury platform, has raised a $10 million extension to its Series A from Visa Ventures, Circle Ventures, Ripple, Haun
Embedded Finance
Stripe to Buy Embedded Finance Platform Parafin
Stripe has agreed to acquire Parafin, an embedded financial products platform that powers credit offerings for small businesses on platforms including DoorDash, Gusto, Jobber, and
E-commerce
Ryft Raises £20M Series B to Back European and US Expansion
Ryft, a Manchester-based payment services provider for marketplaces, platforms, and multi-location ecommerce businesses, has raised £20 million ($26.7 million) in what it calls the largest
Fintech AI
Primer Raises $100M Series C to Scale AI Payments Platform
Primer, a payment orchestration infrastructure provider founded in 2020 by former PayPal and Braintree leaders, has raised a $100 million Series C led by
IDV / AML / KYB / Bioemetrics
US Lawmakers Revive Broader Federal Biometric Surveillance Moratorium
A group of Democratic lawmakers has reintroduced the Facial Recognition and Biometric Technology Moratorium Act, legislation that would make it unlawful for a federal agency
Wealthtech
Ridgeline Raises $250M Series E, Valuing AI-Native Fintech at $1.425 Billion
Ridgeline, an AI-native investment management platform, has raised $250 million in an invitation-only Series E round led by founder and chairman Dave Duffield, valuing
Open Banking
JPMorgan Tweaks Data-Sharing Notices in Battle With Fintechs
JPMorgan Chase will move its notices on the sharing of customer data with fintechs to the front of the Chase banking app, placing data-sharing options
Payments
mika Raises €6M to Make German Tax Advisers Optional
mika, a Berlin-based vertical AI startup, has raised a €6 million seed round led by Smedvig Ventures, with participation from Wecken & Cie. and
GI Partners Acquires Majority Stake in Otodata as IoT Platform Monitors 3.5+ Million Tanks Globally
GI Partners, the San Francisco-based alternative investment firm with more than $50 billion raised since 2001 across private equity, real estate, and data infrastructure strategies,
Insurtech
Charter Space Raises $5M to Bring Insurance to the Stars
Charter Space, an El Segundo, California-based insurtech building software and insurance products for the space industry, has raised a $5 million seed round led by
Specialty Finance / LendTech
Kastle Raises $24M Series A Led by Insight Partners to Build the AI Workforce for Banking Operations
Kastle, a San Francisco-based lendtech AI platform, has raised $24 million in Series A funding led by Insight Partners, with continued participation from Y Combinator