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Category: Fintech

Forage raises $40m to scale its SNAP-benefits payments rail

Forage raised a $40m Series B led by Mouro Capital to scale its SNAP/EBT payments rail — the government-benefits infrastructure mainstream fintech ignores.

Ramp raises $750m at $44bn as AI rerates corporate spend

Ramp's $750m Series F at a $44bn valuation re-rates the corporate-spend leader on an AI-spend thesis even as the broader fintech index stays weak.

Flutterwave adds Stripe’s Tempo as a stablecoin rail for Africa

Flutterwave is integrating Stripe-backed Tempo as a stablecoin settlement layer for African cross-border payments — a tell about where stablecoins actually work.

Perk lands $300m credit line to take spend platform to US

Perk, formerly TravelPerk, has secured a $300m private credit facility — not equity — to fund the US launch of its AI-native spend management platform.

Adyen wins GOV.UK Pay deal, displacing Stripe on 1,000 services

Adyen wins the GOV.UK Pay contract, displacing Stripe across 1,000 public sector services and adding pay-by-bank to government payments.

Riverty secures Luxembourg bank licence for embedded finance

Bertelsmann's Riverty has won a Luxembourg banking licence from the CSSF and ECB, turning its BNPL and credit unit into a deposit-funded EU bank from July 2026.

Slash hits $1.4bn as corporate-spend fintechs split paths

Slash raised $100m at a $1.4bn valuation to stay independent just as Capital One closed its $5.15bn Brex buy — the corporate-spend category is splitting in two.

Airwallex launches billing, escalating its Stripe rivalry

Airwallex has launched a billing product, taking on Stripe's decade-old turf — the clearest sign yet of 2026's payments-platform land-grab.

Outmarket AI raises $17m as AI dominates insurtech funding

Outmarket AI's $17m Series A lands as AI insurtechs capture two-thirds of sector funding, signalling capital is flowing to broker automation, not risk.

Revolut eyes $100bn secondary as Storonsky pushes IPO to 2028

Revolut is weighing an H2-2026 secondary share sale above $100bn while delaying its IPO to 2028 — the clearest case of fintech's stay-private valuation staircase.

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