TransFi builds JARVIS in-house to unify KYC and chain monitoring
TransFi's JARVIS folds KYC, sanctions and blockchain monitoring into one dashboard — but it is an in-house tool, not a RegTech product a broker can buy.
Desk
Fintech
Payments, KYC, trading technology and the vendors that sell it to brokers.
257 stories since 2021 · page 6 of 13
August 2026
Cross River commits $400m to embedded finance after $50m raise
Cross River committed $400m to Figure and inKind in 10 weeks after a $50m equity raise, signalling US sponsor banks are re-leveraging into embedded finance.
Monk raises $25m to automate accounts receivable with AI
Monk has raised a $25m Series A co-led by Footwork and Acrew Capital to automate B2B accounts receivable with AI. Its first buyers are AI firms themselves.
Citi buys Kard to own a $10bn-a-month card rewards rail
Citi will acquire Kard Financial, taking a $10bn-a-month card-linked offers network in-house and draining supply from the independent commerce media rails.
Cleversoft buys FS Assist as RegTech consolidation accelerates
Cleversoft is buying UK regulatory reporting specialist FS Assist and its 350 insurer clients, a RegTech consolidation bet on mandatory filings over AI.
Venmo becomes a default payment method at merchants via Knot
Knot has extended its card-on-file rails to a native wallet, letting Venmo users set Venmo as their default payment method at the merchants they already use.
Yuno raises $45m Series B as orchestration adds stablecoin rails
Yuno's $45m Series B, led by Global PayTech Ventures, pushes payment orchestration into stablecoin settlement, payouts and KYB — and into rivals' turf.
Bank of America takes 26.5% of Jio Credit, 49.9% on warrants
Bank of America's ₹18,268 crore Jio Credit deal buys just 26.5% now. The rest is an 18-month warrant struck at the same ₹1,540.40 price, and it can lapse.
QRIS-China QR link is two-way, but runs 205-to-1 inbound
Indonesia's QRIS cross-border link with China settles both ways, but Bank Indonesia sandbox data shows 205 inbound payments for every outbound one.
Amex Ventures backs Fazeshift’s AI accounts receivable agents
Amex Ventures has taken an undisclosed stake in Fazeshift, the AI accounts receivable startup - a strategic bet on who controls the B2B invoice layer.
Moss hits €1bn unicorn mark on undisclosed Portage Series C
Moss reached a €1 billion valuation on a Portage-led Series C it never sized. Why the cheque, not the unicorn tag, is the signal for European spend management.
MultiChoice spin-out Moment raises $22m for Africa payments
Moment, the MultiChoice payments spin-out, has closed a $22m Series A led by AlphaCode Venture Partners, with Canal+ backing the rails billing its own DStv base.
Maximum raises $30m seed to rebuild core banking with AI
Maximum raised a $30m seed led by CRV to build an AI-native bank core the same week 10x Banking took £40m in debt and equity after turning profitable.
Decade raises record $85m seed for AI wealth advice in Brazil
Decade's $85m seed, led by Greenoaks, is Latin America's largest. It lands as Brazil's Selic falls to 14%, resetting the economics of retail wealth advice.
Kraken parent buys Magic’s embedded wallet arm behind 60m wallets
Payward, Kraken's parent, buys Magic Labs' embedded wallet arm behind 60m wallets and 200,000 developers to sell wallets-as-a-service B2B. Terms undisclosed.
Mastercard closes $1.8bn BVNK deal for $30bn stablecoin rail
Mastercard has closed its $1.8bn BVNK acquisition, buying a $30bn annualised stablecoin rail outright - more than four times Visa's organic run rate.
10x Banking raises £40m in debt and equity after turning profitable
10x Banking took £40m from AshGrove in debt and equity after its first profitable year. The structure, not the size, is the core banking reset.
Ambrook raises $30m with half its users new to software
Ambrook's $30m Series B is read as a QuickBooks challenge. Half its 8,000 customers never used accounting software at all — a market-expansion story.
FNZ sells €155bn-custody German bank to Advent consortium
FNZ agrees to sell FNZ Bank and its €155bn of assets under custody to an Advent-led consortium, framing as focus what the balance sheet calls capital relief.
Deluxe Acquires Celero for $625 Million in B2B Payments Consolidation Push
Deluxe closed its $625m Celero Commerce deal at roughly 11x EBITDA, richer than Worldpay's 8.5x. What that says about B2B payments consolidation in 2026.
