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Fintech

Payments, KYC, trading technology and the vendors that sell it to brokers.

320 stories since 2021 · page 6 of 16

October 2026

Valon raises $150 million at a $2.3 billion valuation

Valon raised $150 million at a $2.3 billion valuation in its Series D wire. A Dealroom blurb still says $1.49 billion. Contracted loans are not live loans.

Rick StevesFintech6 Oct

Walapay raises $4.6 million seed led by Generative Ventures

Walapay raised a $4.6 million seed led by Generative Ventures for licences and bank partners. The firm says annualised volume is already $2.5 billion.

Rick StevesFintech5 Oct

Trustly receives binding equity letters over $40 million

Trustly has irrevocable equity letters of more than $40 million from Nordic Capital and Alfvén & Didrikson. The raise is due to conclude in November 2026.

Rick StevesFintech5 Oct

Apple Pay launches in India on Axis Bank credit cards

Apple Pay opened in India on September 30, 2026, for Axis Bank Visa and Mastercard credit cards only. Finextra says RuPay and UPI were not part of the launch.

Rick StevesFintech4 Oct

NG.Cash raises $15 million for credit and crypto in Brazil

NG.Cash raised $15 million led by Blockchain Capital. Finextra's October 2 report calls the São Paulo app a Brazilian Cash App; licences are the story.

Rick StevesFintech4 Oct

Wero joins Bancomat and Bizum in a Madrid payments hub

Wero takes an equal stake in a Madrid payments hub with Bancomat and Bizum. Person-to-person transfers come first, and each scheme keeps its own bank app.

Rick StevesFintech4 Oct

Monarch acquires HMBradley team, not the bank brand

Monarch's first deal takes the HMBradley team, now MBI, into Monarch Labs. The October 1 release keeps the app brand and leaves the old bank name behind.

Rick StevesFintech4 Oct

Stripe agrees to acquire embedded-finance firm Parafin

Stripe agreed to acquire embedded-finance firm Parafin, the credit layer inside DoorDash, Gusto and Jobber. Terms are undisclosed and the deal has not closed.

Rick StevesFintech3 Oct

SkipCash raised $4 million Series A for Gulf tap-to-phone

SkipCash raised $4 million in February 2026 for Gulf tap-to-phone. The round is real, but merchant counts have split and a later bank stake is undisclosed.

Rick StevesFintech3 Oct

Payments Association acquires its European sister body

The Payments Association acquired its Luxembourg sister after a unanimous vote. The combined count is more than 350 organisations. No price was disclosed.

Rick StevesFintech2 Oct

Zilch reportedly sounds out banks for a 2027 London IPO

Zilch reportedly sounds out banks for a 2027 London IPO after its operating loss fell to £5.147 million. The company has not confirmed the proposed float.

Rick StevesFintech2 Oct

Jeeves raises $110m led by CoinFund for a new wallet

Jeeves raised $110 million led by CoinFund and launched a stablecoin wallet paying out to 190 countries. Cards still lead the $5 billion annualised book.

Rick StevesFintech2 Oct

Elio Mortgage raises $5.1m pre-seed for AI home loans

Elio Mortgage raised a $5.1 million pre-seed to originate AI home loans inside a licensed brokerage, rather than sell mortgage software to other lenders.

Rick StevesFintech1 Oct

Trading Technologies buys TRAFiX to cover cash equities

Trading Technologies closed its acquisition of TRAFiX on September 30, adding equities and equity-options OEMS and FIX coverage. Terms were not disclosed.

Rick StevesFintech1 Oct

Capitolis agrees $200 million cash deal for eSecLending

Capitolis has agreed to buy eSecLending for $200 million in cash. Parthenon is selling and investing, while antitrust clearance is still required to close.

Rick StevesFintech1 Oct