Hummingbird buys Quantimon to train AML alerts on outcomes
Hummingbird has acquired Quantimon, an AML machine-learning firm, so detection can learn from alert outcomes, and no purchase price has been published.
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
Zafin agrees to buy Naehas in a reported nine-figure deal
Zafin agreed to acquire Naehas, and the trade press calls the undisclosed price a nine-figure sum paid in equity and cash, not a published dollar figure.
Hyphenate raises $45 million Series A for the CFO office
Hyphenate, formerly Maximor, raised a $45 million Series A led by Nexus Venture Partners, with the new capital aimed at agents in the office of the CFO.
Wealthsimple agrees a C$425 million round led by GIC
Wealthsimple agreed a GIC-led round of up to C$425 million at a C$13.8 billion valuation, with C$300 million of primary capital and a close still ahead.
FS26/3 holds the line on high-risk retail investment access
FS26/3 keeps UK high-risk promotion gates in place and puts mainstream risk warnings, appropriateness tests and model portfolios on a later timetable.
CFTC sues Utah to defend exclusive event-contract jurisdiction
The CFTC has sued Utah to keep state gambling statutes off designated contract markets. The filing redraws the line for brokers, FCMs and event-contract venues.
Harlem Children's Zone buys Goalsetter, terms undisclosed
Harlem Children's Zone is buying Goalsetter, the youth-finance education platform. Terms were not disclosed, and the direct app accounts had already closed.
Sezzle files for Sezzle Bank and drops the Utah plan
Sezzle filed to charter Sezzle Bank with the OCC and the FDIC, dropping its Utah industrial-loan plan while WebBank still originates the consumer loans.
VIVA Finance closes $150 million Viola Credit facility
VIVA Finance closed a $150 million credit facility with Viola Credit, adding warehouse capacity for its payroll-linked consumer loans.
Mercury Payroll prices a subscription after the free period
Mercury Payroll stays free for eligible customers through December 31, 2026, then $100 a month plus $50 per person paid.
Pigment's Series E leaves NVIDIA's stake as planned
Pigment's Series E is $250 million at a $2.3 billion valuation, led by the Scaleup Europe Fund, with NVIDIA's stake still described as planned.
iSAM Securities wins two FinanceFeeds awards for gold and risk
iSAM Securities won two FinanceFeeds awards for gold liquidity and Radar, while its own network figures show gold dominating B-book volume and profit.
SeaPay memorandum with PayTabs sets a SAR 35 million price
SeaPay's proposed sale to PayTabs is a memorandum: Arab Sea's filing prices 100% at SAR 35 million, with no immediate accounts effect.
CP26/38 and what the Financial Crime Guide would change
CP26/38 would revise the FCA Financial Crime Guide on fraud, sanctions and cryptoassets. Comments close on December 24, 2026.
ScribeUp raises $13 million to embed bill tools in banks
ScribeUp raised $13 million, split into $10 million of equity and $3 million of venture debt, to embed recurring-bill control in bank and credit union apps.
OCC part 15 drops the automatic redemption extension
OCC part 15 keeps a two-business-day redemption limit and requires a 24-hour notice when one brand's requests exceed 10 percent of outstanding issuance.
Mural's $15 million Series A lifts funding to $28 million
Mural's Tether-led $15 million Series A lifts total funding to $28 million. Mural Pay's posts tie the round to wider licenses and agent payment rails.
BOB AI Holdings raises $5.5 million seed for AI finance
BOB AI Holdings raised a $5.5 million seed for an AI finance agent for small firms. The wire calls it a banking platform, and the company says it is not a bank.
OCC preliminary trust charter leaves World Liberty Financial aside
The OCC granted preliminary approval to World Liberty Trust Company, National Association. World Liberty Financial is a non-party, and the bank cannot open yet.
CP26/37 would retire certification and notify senior roles
CP26/37 and PRA CP14/26 would retire certification, notify many senior roles, and keep chief executives on pre-approval. Responses close on January 22, 2027.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.