Zaria Systems raises $5.2m while OCC charter stays pending
Zaria Systems raised $5.2 million led by Lightspeed on October 14. The OCC application to charter Zaria National Trust Bank is still pending, not an approval.
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
ID Finance secures €545 million to expand its Plazo app
ID Finance secured €545 million in debt and equity for Plazo, with no disclosed split or valuation. Its investors page still shows €275 million raised.
Aeon says Pepkor's Shop2Shop deal needed a shareholder vote
Aeon says Pepkor's Shop2Shop merger needed a shareholder vote. The July SENS classes the R21.3 billion FintechCo deal as Category 2, so none was required.
CJA 1993 and UK MAR still split the insider-dealing case
October 13, 2026 arrests do not decide guilt. UK insider dealing still splits between section 52 of the Criminal Justice Act 1993 and Article 14 of UK MAR.
Fruga raises £1 million and prices seed shares at £2.57
Fruga's £1 million seed funds open banking insurance credits. Filed returns price the new shares at £2.57, and the cash on those returns is £1,009,997.15.
Neonomics raises $4 million from existing shareholders
Neonomics raised $4 million from existing shareholders after a near-50% cost cut. The Oslo open-banking firm did not name the investors or a valuation.
FDCTech's $2.35 million Larstal deals are not closed
FDCTech signed Larstal UK and Denmark electronic-money deals on October 6 at a $2.35 million base. Neither has closed, and early cash is largely non-refundable.
ASIC tests a 10-year CFD product intervention order extension
ASIC's CS 64 asks whether the CFD product intervention order should run until 2037. Comments close at 5 pm AEDT on November 9, 2026, after a four-week window.
Salary Hero raises $7.6m Series A led by Cento Ventures
Cento Ventures leads Salary Hero's $7.6 million Series A, of which $6 million is new equity. The Bangkok earned-wage firm is taking that model into Malaysia.
Bind AI raises $10 million to automate broker inboxes
Bind AI says it has raised $10 million to date for inbox software that moves commercial risks from quote to bind. The wire names no valuation or customer.
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.
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.
Also filing this week: Karthik Subramanian and Abdelaziz Fathi.