Intesa Sanpaolo moves core banking to Google Cloud in Italy
Intesa Sanpaolo completed its core banking migration to Google Cloud's Turin and Milan regions — 800+ apps moved, and a sovereignty template for EU banks.
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Fintech
Payments, KYC, trading technology and the vendors that sell it to brokers.
249 stories since 2021 · page 9 of 13
July 2026
Crédit Agricole buys 100% of CAWL as Worldline refocuses
Crédit Agricole has bought out Worldline's stake in French merchant-payments JV CAWL, converting the tie-up to a commercial deal. Why banks want payments back.
Microsoft taps Checkout.com for EMEA payments on Xbox, Azure
Microsoft hands Checkout.com its EMEA card acceptance for Xbox, 365 and Azure — why the regional unbundling matters for Adyen, Stripe and enterprise payments.
SumUp launches a consumer bank account to rival the neobanks
SumUp is launching a consumer bank account with cashback at its own merchants — a two-sided network play Europe's neobanks like Revolut can't easily copy.
Airwallex raises $320m Series H at $11bn valuation
Airwallex raises $320m Series H at an $11bn valuation, betting a decade of cross-border payment licences is the real moat in the agentic-commerce race.
June 2026
Backbase buys Kasisto to bring agentic AI to core banking
Backbase has acquired agentic-AI pioneer Kasisto, the latest in a June cluster of agentic-banking deals as software vendors race to own the AI layer.
Meta takes 20% of Cred in $900m deal, names Shah WhatsApp head
Meta is investing $900m for a 20% stake in India's Cred at a $4.5bn valuation and making founder Kunal Shah the global head of WhatsApp. What it signals.
bunq opens its banking licence as a BaaS platform across the EU
bunq has opened bunq-as-a-Service to EU businesses, letting partners build regulated accounts and payments on its own bank licence — inverting the US BaaS model.
Float raises CAD $85m Series C at a $548m valuation
Float Financial raised CAD $85m at a $548m valuation, led by Inovia Capital, to build an AI finance platform — corporate-spend fintech's pivot accelerates.
Nuvei to buy Payoneer for $2.75bn in cross-border paytech deal
Nuvei will acquire Payoneer for $7.40 a share, about $2.75 billion, bundling payment acceptance with cross-border payouts in the latest paytech consolidation.
Interchecks raises $50m Series C, debuts account-funding rails
Interchecks raised a $50m Series C led by Bettor Capital and launched debit-rail account funding, as regulated gaming underwrites the instant-payments race.
Marqeta adds money-movement rails in 30 markets via Banking Circle
Marqeta taps Banking Circle to add multi-currency accounts and money movement across 30 European markets — the clearest sign yet it wants to be more than a card-issuer.
Fintech revenue tops $504bn but an AI divide splits the field
Global fintech revenue hit $504bn in 2025, up 22% and 4x faster than banks, per BCG and FT Partners — but an AI-foundational divide now splits the winners.
Adyen launches Agentic to ride the AI-checkout protocol war
Adyen launched Adyen Agentic on June 16, 2026, betting on neutral 'integrate once' infrastructure as Visa, Mastercard and Stripe split the agentic-payments market.
Flagright raises $12.5m to scale AI financial-crime compliance
Flagright has raised a $12.5m Series A led by Infinity Ventures to scale its AI financial-crime compliance platform as RegTech defies the funding slowdown.
Pollen Street buys Finastra’s Universal Banking core unit
Pollen Street Capital is buying Finastra's Universal Banking core unit and its Essence platform — a PE bet that modernising 150+ incumbent banks beats rip-and-replace.
Mercury raises $200m at $5.2bn after OCC bank-charter nod
Mercury raised a $200m Series D at a $5.2bn valuation and won conditional OCC approval for its own US bank charter, breaking the sponsor-bank model.
Chime turns its first profit as the 2026 fintech IPO wave stalls
Chime booked its first GAAP profit ($53m) in Q1 2026 while Revolut and Monzo defer their IPOs — proof the fintech listing window now opens for earnings first.
Saris raises $28.8m to bring agentic AI to bank back offices
Saris raises a $28.8m Series A led by 8VC to scale agentic AI workflow automation for banks and credit unions across lending, compliance and operations.
Temenos acquires additiv in embedded-wealth orchestration push
Temenos has agreed to buy Swiss wealth-orchestration platform additiv in a 50/50 cash-and-equity deal, pushing embedded finance from payments into wealth.
