Adyen wins GOV.UK Pay deal, displacing Stripe on 1,000 services
Adyen wins the GOV.UK Pay contract, displacing Stripe across 1,000 public sector services and adding pay-by-bank to government payments.
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Payments, KYC, trading technology and the vendors that sell it to brokers.
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June 2026
Adyen wins the GOV.UK Pay contract, displacing Stripe across 1,000 public sector services and adding pay-by-bank to government payments.
Bertelsmann's Riverty has won a Luxembourg banking licence from the CSSF and ECB, turning its BNPL and credit unit into a deposit-funded EU bank from July 2026.
Slash raised $100m at a $1.4bn valuation to stay independent just as Capital One closed its $5.15bn Brex buy — the corporate-spend category is splitting in two.
Airwallex has launched a billing product, taking on Stripe's decade-old turf — the clearest sign yet of 2026's payments-platform land-grab.
May 2026
Outmarket AI's $17m Series A lands as AI insurtechs capture two-thirds of sector funding, signalling capital is flowing to broker automation, not risk.
Revolut is weighing an H2-2026 secondary share sale above $100bn while delaying its IPO to 2028 — the clearest case of fintech's stay-private valuation staircase.
JPMorgan's Chase launched a digital bank in Germany on May 20, 2026 with a 4% intro savings rate, taking the neobank playbook to N26 and Trade Republic.
FedNow has overtaken RTP on bank participants (1,600 vs 1,135) but RTP still leads on dollar volume — splitting US instant payments into two distinct networks.
Klarna Q1 2026: $1.012bn revenue (+44% YoY), deposits fund 91% of book, 270-day duration. KlarnaUSD stablecoin on Tempo mainnet next. Cards under pressure.
Co-founder Klausen exits Lunar after 11 years; Saxo Bank deputy CEO Søren Kyhl takes over June 1, 2026 with a lending-and-profitability mandate.
Fasset closes a $51m Series B led by SBI, Investcorp and Arz Portföy; $32bn annualised across 125 countries hints at a wholesale rail, not a retail neobank.
Bunq filed for a Mexican banking licence with the CNBV on May 13, 2026, trailing Revolut and Nubank as it builds a US-Mexico cross-border corridor.
Worldline and Klarna signed a strategic framework on May 19, 2026 to embed Klarna BNPL across Europe's largest card acquirer — phased from Global Collect to POS.
Paymentology’s $175 million Apis-led round earmarks capital for stablecoin issuance, tokenisation, credit, and AI rails — timed to the MiCA July 1 transition.
Adyen's €750m Talon.One acquisition is its first ever — a margin-defence move that fuses payments data with cart-side decisioning to defend its premium multiple.
May 2024
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June 2023
PayRetailers, the leading payment processor in Latin America, has integrated PIX, the flagship payment system of Brazil, into its all-in-one payment platform.
May 2023
iTech Software offers brokerage firms a comprehensive package that includes support to launch, scale and grow for long-term success.