Bertelsmann-owned Riverty starts operating as a licensed Luxembourg bank in July 2026, days after Klarna filed for a US charter. The pattern is not a coincidence.
The Fed's proposed payment account gives fintechs direct Fedwire and FedNow access, but no ACH, no correspondent banking. Comments close July 27, 2026.
Stripe and Advent International offer $60.50 a share for PayPal - a $53bn record fintech deal that would fold 439m accounts into Stripe's rails. Who wins?
Sage and GoCardless embed instant account-to-account payments in SME invoices — the third UK pay-by-bank move in five days, with card interchange the target.
Flex raises $70m seven months after its Series B, doubling to $1.2bn, as the owner-first private banking platform launches stablecoin-railed Flex Global.
MIGA's first programmatic trade finance guarantee platform with a commercial bank gives Deutsche Bank €1bn of cover on frontier-market state-bank risk.
Lloyds has launched Lloyds Accept, powered by Stripe, giving 1 million-plus business customers tap-to-pay, payment links and terminals to fight neobank rivals.
Klarna has applied to the FDIC and Utah regulators for an industrial bank charter, Klarna Bank USA, to run payments and credit in-house and drop sponsor WebBank.
Mastercard is in early talks to sell 51% of Vocalink at a GBP400m valuation - half what it paid in 2016. Why it may be a willing seller of the UK's rails.
Rob Livingston takes over as Nubank CFO on July 13, 2026. Hiring a Visa finance chief — not a banker — signals how the US charter push will be monetised.
Bertelsmann's Riverty starts as a licensed EU bank in July, turning a BNPL book of 25m customers into a deposit-funded merchant lender. Why charters win.
UK RegTech Kord has raised £6.4m led by Guinness Ventures to unify onboarding, compliance and payments for regulated firms — a bet that AI fraud forces re-bundling.
REPAY has closed its $372m cash acquisition of KUBRA, betting on recurring, non-discretionary consumer bill payments over the crowded checkout arms race.
TrueLayer has folded Dutch fintech in3 into its Pay by Bank network to launch BNPL and credit at checkout, days before the FCA's deferred-payment-credit rules take effect.
Equifax pays a $750m enterprise value — about 12x EBITDA — for Mexico's Círculo de Crédito, answering TransUnion's Buró de Crédito move in the LatAm data race.