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Category: Fintech

Microsoft taps Checkout.com for EMEA payments on Xbox, Azure

Microsoft hands Checkout.com its EMEA card acceptance for Xbox, 365 and Azure — why the regional unbundling matters for Adyen, Stripe and enterprise payments.

SumUp launches a consumer bank account to rival the neobanks

SumUp is launching a consumer bank account with cashback at its own merchants — a two-sided network play Europe's neobanks like Revolut can't easily copy.

Airwallex raises $320m Series H at $11bn valuation

Airwallex raises $320m Series H at an $11bn valuation, betting a decade of cross-border payment licences is the real moat in the agentic-commerce race.

Backbase buys Kasisto to bring agentic AI to core banking

Backbase has acquired agentic-AI pioneer Kasisto, the latest in a June cluster of agentic-banking deals as software vendors race to own the AI layer.

Meta takes 20% of Cred in $900m deal, names Shah WhatsApp head

Meta is investing $900m for a 20% stake in India's Cred at a $4.5bn valuation and making founder Kunal Shah the global head of WhatsApp. What it signals.

bunq opens its banking licence as a BaaS platform across the EU

bunq has opened bunq-as-a-Service to EU businesses, letting partners build regulated accounts and payments on its own bank licence — inverting the US BaaS model.

Float raises CAD $85m Series C at a $548m valuation

Float Financial raised CAD $85m at a $548m valuation, led by Inovia Capital, to build an AI finance platform — corporate-spend fintech's pivot accelerates.

Nuvei to buy Payoneer for $2.75bn in cross-border paytech deal

Nuvei will acquire Payoneer for $7.40 a share, about $2.75 billion, bundling payment acceptance with cross-border payouts in the latest paytech consolidation.

Marqeta adds money-movement rails in 30 markets via Banking Circle

Marqeta taps Banking Circle to add multi-currency accounts and money movement across 30 European markets — the clearest sign yet it wants to be more than a card-issuer.

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