RedOwl takes A$5.3 million from Tidal for billing errors
Melbourne fintech RedOwl raised an A$5.3 million Tidal-led seed for billing and spend errors. Pre-money is A$38.4 million; Street Talk said near $40 million.
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
Causa Prima raises $20 million seed for agent billing
Causa Prima raised a $20 million seed led by Base10 for agents that settle B2B invoices between buyers and suppliers. Volume and valuation stayed undisclosed.
PawaPay wins Mozambique PSP licence through Quidexplus
PawaPay says Quidexplus Mozambique holds a Bank of Mozambique PSP licence, opening direct merchant onboarding across more than 12 million mobile-money accounts.
Qippay secures NZ$5m All Roads stake, close still open
Qippay has secured a NZ$5 million All Roads commitment for 25% of its parent, but the Auckland open-banking deal was still expected to complete this week.
Farsight deploys on-premise across Deutsche Bank IB
Farsight says Deutsche Bank deployed it on-premise across investment banking and capital markets teams, keeping data and workflow activity inside the bank.
FSB letter puts Cross-border Vulnerabilities before the G20
Andrew Bailey's October 8, 2026 FSB letter, published October 12, centres Cross-border Vulnerabilities in global stablecoins for the G20 meeting on October 15.
Asaas places a third R$300 million receivables fund
Asaas places a third R$300 million receivables fund, not new equity. S&P rates the R$280 million senior shares AAA, and Asaas keeps R$20 million subordinated.
FCA CP26/34 maps the 2028 transaction-reporting switch
CP26/34 maps the FCA's April 3, 2028 transaction-reporting switch, from correction rules and the User Pack deadline to the gap with EU MiFIR and the US CAT.
Shares completes Treezor buy from Société Générale
Shares completed its acquisition of Treezor from Société Générale. The price is undisclosed, and management is aiming for about €100 million of revenue in 2027.
Archa raises $11 million to drop personal guarantees
Archa raised $11 million in equity, kept apart from a $50 million debt facility, to widen working capital without personal guarantees from its directors.
Fed extends Regulation O comments on R-1896 to 4 November
The Fed extended Docket R-1896 comments on Regulation O to November 4, 2026. Proposed insider-credit thresholds would rise fourfold, then track nominal GDP.
AblePay closes a $20 million Series A led by F-Prime
AblePay closed a $20 million Series A led by F-Prime to scale non-recourse patient payments. The round funds hospital distribution, not a patient loan book.
Peppermint raises $4.7 million seed for site billing
Peppermint raised a $4.7 million Moxxie-led seed on October 8 for clinical-site billing. Its note and its live site do not share the same operating figures.
NeoGrowth raises Rs 85 crore from FMO and LeapFrog
NeoGrowth says it raised Rs 85 crore from FMO and LeapFrog. FMO's August note books a $7.5 million follow-on inside a $9 million round, with no rate given.
HALA raised $157 million Series B led by TPG and Sanabil
HALA raised $157 million in a September 2025 Series B led by TPG and Sanabil. Forbes now puts 2025 transactions at $6.6 billion, below the raise-day figure.
finmid raises €17 million for Bolt and Skroutz lending
finmid raised €17 million from Big Pi Ventures and Mainset, lifting total funding to €52 million, and opened Bolt fleet finance plus Skroutz merchant loans.
ESMA's call does not expand CCP collateral categories
ESMA's October 9, 2026 call tests tokenised CCP collateral under EMIR liquidity, haircut and default rules. No new asset class. Comments close January 15, 2027.
Routable sold to Anchorage Digital, terms undisclosed
Routable has been acquired by Anchorage Digital, and no purchase price was disclosed. Fiat payout rails remain while stablecoin settlement is scheduled later.
Airtel Money starts conditional London trade, no new cash
Airtel Money began conditional London dealing on October 9 at £1.96 a share. Sellers, not the company, are supplying the stock behind the £5.3 billion price.
Octane lines up a $1.4bn powersports loan facility
Octane executed a $1.4 billion forward-flow facility, its largest, with New York Life arranging powersports and outdoor-equipment loans up to that cap.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.