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
Utah-Based AI Fintech Databento Lands $97 Million Series B to Build Out Its Global Market Data Infrastructure
Databento, the Salt Lake City-based CAPITAL MARKETS TECH platform for modern finance founded by former quantitative traders and high-frequency market makers, has raised $97
Chart Of The Week
Stripe and Advent’s $53 Billion Bid for PayPal: A Preemptive Play at a Discount
On Tuesday, July 14th after the market close Stripe and private equity firm Advent International submitted a joint offer to acquire PayPal for $60.50
Blockchain
Crypto.com Announces $400 Million Strategic Investment from Citadel Securities
Crypto.com, the global CRYPTO platform founded in 2016 and trusted by millions of users worldwide, has announced a strategic $400 million investment from Citadel
E-commerce
Uber Agrees to Buy Delivery Hero in $14.8 Billion Deal
Uber has agreed to acquire Delivery Hero for €41.50 per share in a deal valuing the German food delivery and E-COMMERCE giant at $14.8
Embedded Finance
Saudi Fintech Fina Secures $75 Million Shariah-Compliant Facility from Fasanara Capital
Fina, the EMBEDDED FINANCE platform and fintech arm of Saudi-based B2B enablement company SILQ, has secured a $75 million (SAR 282M) Shariah-compliant facility from
Fintech AI
Candid Health Raises $120M Series D to Fuel Autonomous Revenue Cycle Management in Healthcare
Candid Health, the FINTECH AI-first revenue cycle management platform built for enterprise healthcare providers, has raised $120 million in a Series D led by Sixth
IDV / AML / KYB / Biometrics
Fourthline to Merge with Veridas
Fourthline, Europe’s identity verification and compliance leader based in Amsterdam with clients including Revolut, N26, Bitpanda, and Qonto, has signed an agreement to merge with
Stablecoins
Notabene Announces Strategic Investment from Ripple
Notabene, the operator of the world’s largest open network for regulated on-chain transactions connecting 2,300+ institutions across 100+ jurisdictions and processing $2 trillion in annualized
Open Banking
Founded by Netflix payments duo, Dutch startup Nopan bags €7.2 million
Nopan, an Amsterdam-based OPEN BANKING performance platform for account-to-account and digital wallet payments founded in 2024 by former Netflix Amsterdam payments leaders Konstantin Surkov and
Payments
Harris Acquires TouchBistro
Harris Computer, a Constellation Software subsidiary and global vertical market software acquirer, has acquired TouchBistro, the Toronto-based cloud POS and restaurant management system that
PropTech
Uniti Raises $12M Series A to Build the Agentic AI Layer for Global Real Estate Operators
Uniti, a New York-based agentic AI orchestration layer for global PROPTECH founded by Yale classmates Francesco Decamilli and Emre Altinok, has raised $12 million
AML
Fourthline to Merge with Veridas
Fourthline, Europe’s identity verification and compliance leader based in Amsterdam with clients including Revolut, N26, Bitpanda, and Qonto, has signed an agreement to merge with
Specialty Finance / LendTech
KEO Capital Expands into Canada with $50M Financing Facility
KEO Capital (Nasdaq Stockholm: KEOC), the Stockholm-listed B2B supply-chain fintech operating its Workeo platform across Latin America since 2020, has expanded into Canada through
InsurTech
Cover Genius Raises $100M in Capital From Vista Credit Partners
Cover Genius, the global INSURTECH infrastructure for embedded protection, has raised $100 million from Vista Credit Partners, the credit arm of Vista Equity Partners,
WealthTech
Alpaca Raises $135 Million to Scale Agent-First Brokerage Infrastructure for Tokenized Markets and AI-Native Financial Services
Alpaca, the Silicon Valley-based self-clearing broker-dealer providing global agent-first brokerage infrastructure for tokenized markets and AI-native financial services, has raised $135 million in equity
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
Utah-Based AI Fintech Databento Lands $97 Million Series B to Build Out Its Global Market Data Infrastructure
Databento, the Salt Lake City-based CAPITAL MARKETS TECH platform for modern finance founded by former quantitative traders and high-frequency market makers, has raised $97
Chart Of The Week
Stripe and Advent’s $53 Billion Bid for PayPal: A Preemptive Play at a Discount
On Tuesday, July 14th after the market close Stripe and private equity firm Advent International submitted a joint offer to acquire PayPal for $60.50 per
Crypto
Crypto.com Announces $400 Million Strategic Investment from Citadel Securities
Crypto.com, the global CRYPTO platform founded in 2016 and trusted by millions of users worldwide, has announced a strategic $400 million investment from Citadel Securities,
Embedded Finance
Saudi Fintech Fina Secures $75 Million Shariah-Compliant Facility from Fasanara Capital
Fina, the EMBEDDED FINANCE platform and fintech arm of Saudi-based B2B enablement company SILQ, has secured a $75 million (SAR 282M) Shariah-compliant facility from Fasanara
E-commerce
Uber Agrees to Buy Delivery Hero in $14.8 Billion Deal
Uber has agreed to acquire Delivery Hero for €41.50 per share in a deal valuing the German food delivery and E-COMMERCE giant at $14.8 billion,
Fintech AI
Candid Health Raises $120M Series D to Fuel Autonomous Revenue Cycle Management in Healthcare
Candid Health, the FINTECH AI-first revenue cycle management platform built for enterprise healthcare providers, has raised $120 million in a Series D led by
IDV / AML / KYB / Bioemetrics
Fourthline to Merge with Veridas
Fourthline, Europe’s identity verification and compliance leader based in Amsterdam with clients including Revolut, N26, Bitpanda, and Qonto, has signed an agreement to merge with
Wealthtech
Alpaca Raises $135 Million to Scale Agent-First Brokerage Infrastructure for Tokenized Markets and AI-Native Financial Services
Alpaca, the Silicon Valley-based self-clearing broker-dealer providing global agent-first brokerage infrastructure for tokenized markets and AI-native financial services, has raised $135 million in equity
Open Banking
Founded by Netflix payments duo, Dutch startup Nopan bags €7.2 million
Nopan, an Amsterdam-based OPEN BANKING performance platform for account-to-account and digital wallet payments founded in 2024 by former Netflix Amsterdam payments leaders Konstantin Surkov and
Payments
Harris Acquires TouchBistro
Harris Computer, a Constellation Software subsidiary and global vertical market software acquirer, has acquired TouchBistro, the Toronto-based cloud POS and restaurant management system that
Uniti Raises $12M Series A to Build the Agentic AI Layer for Global Real Estate Operators
Uniti, a New York-based agentic AI orchestration layer for global PROPTECH founded by Yale classmates Francesco Decamilli and Emre Altinok, has raised $12 million in
Insurtech
Cover Genius Raises $100M in Capital From Vista Credit Partners
Cover Genius, the global INSURTECH infrastructure for embedded protection, has raised $100 million from Vista Credit Partners, the credit arm of Vista Equity Partners, with
Specialty Finance / LendTech
KEO Capital Expands into Canada with $50M Financing Facility
KEO Capital (Nasdaq Stockholm: KEOC), the Stockholm-listed B2B supply-chain fintech operating its Workeo platform across Latin America since 2020, has expanded into Canada through Workeo