Forage raised a $40m Series B led by Mouro Capital to scale its SNAP/EBT payments rail — the government-benefits infrastructure mainstream fintech ignores.
Flutterwave is integrating Stripe-backed Tempo as a stablecoin settlement layer for African cross-border payments — a tell about where stablecoins actually work.
Perk, formerly TravelPerk, has secured a $300m private credit facility — not equity — to fund the US launch of its AI-native spend management platform.
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.
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.
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.
Mercury closed a $200m Series D at a $5.2bn valuation on May 20 — up 49% — as OCC conditional approval moves it toward a full national bank charter under the new EO regime.
Trump's May 19 EO binds 6 federal financial regulators to 90/180-day fintech innovation deadlines but leaves the Federal Reserve only a 120-day study on master-account access.
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.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok