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Fintech

Ryft’s £20m Series B targets a Malta licence and US entry

Ryft raises a £20m Series B led by Gresham House Ventures, with a Malta EU licence bid, US entry and the safeguarding duties marketplaces would rather avoid.

ETFBOOK raises $13m to take ETF data into the US and Apac

ETFBOOK raises $13m led by Expedition Growth Capital to take its ETF data platform into the US and Apac, yet 38% of global ETFs sit outside its coverage.

Saudi fintech Tabby raises $233m at a $6.5bn valuation

Tabby raised $233m at a $6.5bn valuation led by Blue Pool Capital, but the small primary cheque shows Gulf BNPL's real growth funding is now debt, not equity.

Tickblaze enters FPFX Tech stack for futures, FX and CFD prop firms

Tickblaze joins FPFX Tech's prop firm stack as execution layer beside PropAccount.com across futures, FX and CFDs. No deal value or go-live date disclosed.

YouLend and Dojo hit £2bn in SME funding as 83% renew

YouLend and Dojo passed £2bn in embedded finance for UK SMEs with 83% of merchants renewing, and the same lender now sits behind Stripe, Worldline and Teya.

Chime to buy partner Stride Bank for $590m in cash

Chime's $590m Stride Bank acquisition prices a bank earning 28% on equity at 1.5x book, and pays Stride in contract renewals, not cash, if regulators block it.

IMTC wires MarketAxess liquidity in mid-$5.7bn ICE takeover

IMTC has embedded MarketAxess liquidity in its fixed income OMS while ICE's $5.7bn takeover is still pending. The merger proxy shows who carries the risk.

StoneX retires City Index as retail segment income falls 36%

StoneX retires the City Index brand on September 12. The filed 10-Q shows retail segment income before tax down 35.7%, inside a group growing revenue 43%.

Circle buys Tazapay for $400m to reach 100 payout markets

Circle will pay $400m in Class A stock for Singapore's Tazapay and its 100-plus payout markets. The SEC filing shows an 8% holdback and a nine-month clock.

FIS puts embedded banking deposits on the bank’s balance sheet

FIS launched an embedded banking platform that keeps deposits on the bank's balance sheet, not a third-party ledger. Cogent, CBC and M&T Bank are pilots.

Spotware launches cFinancial, its own broker liquidity provider

Spotware has launched cFinancial, a Seychelles-licensed liquidity provider bundled with cTrader and cBridge, putting the vendor inside its own bridge.

OpenReserve wins a US bank charter priced at $210m and 12%

The OCC priced OpenReserve Bank's charter at $210m and a 12% leverage floor - below its own 2026 capital median. The balance sheet, not the brand, set it.

ECB and Brazil study a TIPS-Pix link, pilot targeted for 2028

The ECB and Banco Central do Brasil are exploring a TIPS-Pix link for instant cross-border payments, with a 2028 pilot. Why the FX leg is the hard part.

Revolut wins US bank charter with retail forex fenced off

OCC Corporate Decision #1390 gives Revolut preliminary conditional approval for a US national bank charter, but fences off its retail foreign exchange business.

TabaPay raises $155m to buy a bank with $1.1m of equity

TabaPay's $155m FTV Capital round funds a Denver bank with $1.07m of equity and $11,000 of half-year profit. The primary-secondary split is not disclosed.

MAS commits S$220m to fintech, 12% below its 2020 pledge

MAS commits S$220m over three years to FSTI 4.0 - 46.7% above FSTI 3.0 but 12% below the S$250m it pledged over an identical three-year window in 2020.

Bolt raises $27m at $300m, 97.3% below its $11bn mark

Bolt is raising up to $27m in a pay-to-play convertible note at about $300m, 97.3% below its $11bn peak. The clause, not the cheque, is the real story.

Swift defers structured address deadline, securities ship in Q1 2027

Swift has deferred the SR2026 structured address deadline for ISO 20022 payments while securities changes ship in Q1 2027. SEPA's November date is unmoved.

Mastercard and QNB run Syria’s first card payment in over 15 years

QNB Syria processed the first international card payment in over 15 years four days after the US delisting - but OFAC, not the terrorism list, cleared it.

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