Jeeves raises $110m led by CoinFund for a new wallet
Jeeves raised $110 million led by CoinFund and launched a stablecoin wallet paying out to 190 countries. Cards still lead the $5 billion annualised book.
Rick Steves
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Steves' work has appeared in a variety of online publications including FX Street, NewsBTC, FinanceFeeds, and The Industry Spread. Rick has great interest in the dynamics of the trading industry. The never-ending clash between technology, economics, regulation, and more importantly, the people.
October 2026
SEC staff FAQ treats a staking receipt as a digital tool
Staff FAQs dated September 28, 2026 treat a staking receipt as a digital tool, or a digital commodity from a protocol provider. They are not a Commission rule.
Elio Mortgage raises $5.1m pre-seed for AI home loans
Elio Mortgage raised a $5.1 million pre-seed to originate AI home loans inside a licensed brokerage, rather than sell mortgage software to other lenders.
Trading Technologies buys TRAFiX to cover cash equities
Trading Technologies closed its acquisition of TRAFiX on September 30, adding equities and equity-options OEMS and FIX coverage. Terms were not disclosed.
Capitolis agrees $200 million cash deal for eSecLending
Capitolis has agreed to buy eSecLending for $200 million in cash. Parthenon is selling and investing, while antitrust clearance is still required to close.
September 2026
Brite Payments opens UK Pay by Bank after FCA licence
Brite Payments has opened UK Pay by Bank after an FCA e-money licence, putting Britain on one API already linked to more than 3,800 banks in 27 markets.
Bluevine agrees to sell to Valley for about $340 million
Bluevine's $340 million sale to Valley prices its deposit book at about 16 cents a dollar, with an 8% 2028 earnings lift still tied to a three-year earn-back.
FCA cryptoasset gateway opens against a February 28 deadline
The FCA cryptoasset gateway opens on September 30, 2026. A filing after February 28, 2027 loses the saving provision ahead of the October 25, 2027 regime.
HIFI raises $37m to take its stablecoin rails into repo and cards
HIFI's $37m Series A, led by Left Lane Capital, funds licences so more of its stablecoin stack runs outside Cross River Bank, the partner now competing with it.
FCA closes 24 CFD firms that sold UK authorisation as a halo
The FCA says 24 CFD firms closed or are cancelling after using UK authorisation as a halo for offshore affiliates. Why 24 is an interim count, not the end.
MyComplianceOffice secures $100 million from Accel-KKR Credit Partners
MyComplianceOffice secured more than $100 million in growth financing from Accel-KKR Credit Partners to expand its technology team and AI capabilities.
MyComplianceOffice lands $100m+ from Accel-KKR’s credit fund
MyComplianceOffice takes $100m+ from Accel-KKR Credit Partners, a private credit fund. What the release says on debt vs equity, and what it funds.
Fed Docket R-1899 prices stablecoins at 2% capital, 1% past $50bn
Fed Docket R-1899 sets stablecoin capital at 2% of the first $20bn, 1% above $50bn, plus a 50% new-entrant surcharge and a two-quarter liquidation trigger.
Baselayer raises $35m for Know Your Agent checks on AI agents
Baselayer raised a $35m Series A led by M13 for Know Your Agent checks. What its credentials verify, and what its 2,300-institution claim actually counts.
SEC release 34-106458 fines OTC Link $575,000 over Reg SCI gaps
OTC Link LLC pays $575,000 in SEC release 34-106458 after Regulation SCI access-control and vulnerability policies sat in draft from 2016 to 2025.
J.P. Morgan Payments picks Thunes to widen Xpedite Remit payouts
J.P. Morgan Payments adds Thunes to Xpedite Remit, five weeks after Fiserv chose the same payout network. What that does to cross-border differentiation.
CFTC Letter 26-27 makes mention markets presumptively manipulable
CFTC Letter 26-27 presumes mention markets are manipulable under Core Principle 3. What DCMs must show, and how Ontario, the UK and EU compare.
CellPoint’s Zenith puts an AI layer above payment orchestrators
CellPoint's Zenith, backed by $34m from Toscafund, is an AI decisioning layer above any payment orchestrator. Why the margin is leaving the routing layer.
SEC innovation exemption caps tokenised stocks at 75 and 250 symbols
SEC order 34-106402 lets real tokenised NMS stock trade on permissioned AMM venues until 2031, capped at 75 and 250 symbols. Synthetic tokens are excluded.
Paymob’s $35m pre-Series C bets on the Gulf, not Egypt
Paymob's $35m pre-Series C, co-led by Mubadala and the EBRD, lands as GCC revenue grows 7x to near half the total. What the Gulf shift means for MENA payments.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.