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
Daloopa Banks $47M Series C to Scale Data Infrastructure
Daloopa, the financial data infrastructure layer for AI and agentic workflows in CAPITAL MARKETS, has raised $47 million in a Series C led by
Chart Of The Week
Stripe: The Developer Bet That Became a $159B Payments Empire
Stripe is a large, privately held, US based, global fintech company and payments infrastructure provider. Its core innovation was being the first to build
Blockchain
Figure Agrees $717 Million Kiavi Acquisition to Expand Blockchain-Based Lending Ecosystem (FIGR)
Figure Technology Solutions’s $717 million acquisition of Kiavi, an AI-powered lending platform for residential real estate investors, expands its BLOCKCHAIN-native capital marketplace by adding
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
OpenFX Acquires Dutch Fintech Embed to Advance European Expansion
US-based fintech OpenFX‘s acquisition of Amsterdam-based Embed expands EMBEDDED FINANCE by giving the Miami-based cross-border payments platform, which processed over $60 billion in annualized
Fintech AI
Gradient Labs Raises $26 Million to Build Fintech’s AI Agents
Gradient Labs, a London-based FINTECH AI startup founded by three former Monzo engineers, has expanded its Series A to $26 million, adding new investors Octopus
IDV / AML / KYB / Biometrics
Foundation Pushes Beyond Bitcoin Into Identity, AI Authorization With $6.4M Raise
Foundation, a U.S.-based hardware security startup, has raised $6.4 million led by Fulgur Ventures with participation from Arche Capital, bringing total funding to $16.5 million
Stablecoins
Visa and Mastercard Collaborate on New Stablecoin Platform
Visa, Mastercard, and Stripe are reportedly backing a new joint STABLECOIN platform, with Coinbase considering participation, according to sources cited by CoinDesk, a collaboration between
Open Banking
TrueLayer Acquires In3 to Launch Pay by Bank Credit in Europe
TrueLayer, Europe’s leading Pay by Bank network backed by Stripe and Tiger Global, has acquired Dutch fintech In3, making it the only OPEN BANKING network
Payments
Nuvei in Advanced Talks to Acquire Payment Firm Payoneer for $2.7 Billion, Sources Say
Nuvei, the Montreal-based payments processor backed by Advent International, Novacap, and CDPQ, is in advanced talks to acquire Payoneer for approximately $2.7 billion, a
PropTech
Nesto Raises $302M in Series E at $1.47B Valuation
nesto, Canada’s leading mortgage technology and financing platform, has raised CAD $302 million in a Series E at a CAD $1.47 billion valuation, bringing
AML
Foundation Pushes Beyond Bitcoin Into Identity, AI Authorization With $6.4M Raise
Foundation, a U.S.-based hardware security startup, has raised $6.4 million led by Fulgur Ventures with participation from Arche Capital, bringing total funding to $16.5 million
Specialty Finance / LendTech
Morpho Lands $175m to Expand Blockchain Credit Infrastructure
Morpho, french open blockchain-based SPECIALTY FINANCE credit network, has raised $175 million round, which was co-led by Paradigm, Andreessen Horowitz crypto, and Ribbit Capital,
InsurTech
Honeycomb Insurance Raises $40m in Zeev Ventures-Led Round
Honeycomb Insurance, an AI-native digital INSURTECH specializing in apartment buildings and condo associations, has raised $40 million led by Zeev Ventures, with participation from
WealthTech
Temenos Acquires additiv to Strengthen Its Wealth Proposition and Accelerate AI-Driven Orchestration
Temenos’s acquisition of additiv, a Switzerland-based AI-enabled financial services orchestration platform, strengthens its WEALTHTECH offering with native mass-affluent capabilities and a proven front-office workflow
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
Daloopa Banks $47M Series C to Scale Data Infrastructure
Daloopa, the financial data infrastructure layer for AI and agentic workflows in CAPITAL MARKETS, has raised $47 million in a Series C led by
Chart Of The Week
Stripe: The Developer Bet That Became a $159B Payments Empire
Stripe is a large, privately held, US based, global fintech company and payments infrastructure provider. Its core innovation was being the first to build an
Crypto
Figure Agrees $717 Million Kiavi Acquisition to Expand Blockchain-Based Lending Ecosystem (FIGR)
Figure Technology Solutions’s $717 million acquisition of Kiavi, an AI-powered lending platform for residential real estate investors, expands its BLOCKCHAIN-native capital marketplace by adding the
Embedded Finance
OpenFX Acquires Dutch Fintech Embed to Advance European Expansion
US-based fintech OpenFX‘s acquisition of Amsterdam-based Embed expands EMBEDDED FINANCE by giving the Miami-based cross-border payments platform, which processed over $60 billion in annualized FX
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
Gradient Labs Raises $26 Million to Build Fintech’s AI Agents
Gradient Labs, a London-based FINTECH AI startup founded by three former Monzo engineers, has expanded its Series A to $26 million, adding new investors
IDV / AML / KYB / Bioemetrics
Foundation Pushes Beyond Bitcoin Into Identity, AI Authorization With $6.4M Raise
Foundation, a U.S.-based hardware security startup, has raised $6.4 million led by Fulgur Ventures with participation from Arche Capital, bringing total funding to $16.5 million
Wealthtech
Temenos Acquires additiv to Strengthen Its Wealth Proposition and Accelerate AI-Driven Orchestration
Temenos’s acquisition of additiv, a Switzerland-based AI-enabled financial services orchestration platform, strengthens its WEALTHTECH offering with native mass-affluent capabilities and a proven front-office workflow
Open Banking
TrueLayer Acquires In3 to Launch Pay by Bank Credit in Europe
TrueLayer, Europe’s leading Pay by Bank network backed by Stripe and Tiger Global, has acquired Dutch fintech In3, making it the only OPEN BANKING network
Payments
Nuvei in Advanced Talks to Acquire Payment Firm Payoneer for $2.7 Billion, Sources Say
Nuvei, the Montreal-based payments processor backed by Advent International, Novacap, and CDPQ, is in advanced talks to acquire Payoneer for approximately $2.7 billion, a
Nesto Raises $302M in Series E at $1.47B Valuation
nesto, Canada’s leading mortgage technology and financing platform, has raised CAD $302 million in a Series E at a CAD $1.47 billion valuation, bringing in
Insurtech
Honeycomb Insurance Raises $40m in Zeev Ventures-Led Round
Honeycomb Insurance, an AI-native digital INSURTECH specializing in apartment buildings and condo associations, has raised $40 million led by Zeev Ventures, with participation from existing
Specialty Finance / LendTech
Morpho Lands $175m to Expand Blockchain Credit Infrastructure
Morpho, french open blockchain-based SPECIALTY FINANCE credit network, has raised $175 million round, which was co-led by Paradigm, Andreessen Horowitz crypto, and Ribbit Capital, with