91 developments from 87 companies: 4 acquisitions, 8 funding, 33 partnerships and integrations, 9 launches, 4 licences and regulators, 33 other developments.
Raised $60M Series C led by Zurich Insurance Group at a $294.9M pre-money valuation. source
Latest funding round raised per Crunchbase (details obfuscated); company status updated to Acquired/Merged on PitchBook.
crunchbase.comTims China secured up to $65M from Cartesian and RBI; RBI bought Popeyes China
ir.timschina.comCartona raised $8.1M Series A extension to fuel growth across Egypt's traditional trade sector.
cartona.comClosed €40M Series B led by Eight Roads Ventures with Cusp Capital participating.
hero-software.deRaised $65M Series A3 with J.P. Morgan Payments as strategic investor; announced partnership to embed Slope's short-term financing into J.P. Morgan's enterprise client base.
techcrunch.comRaised $60M Series C led by Zurich Insurance Group at a $294.9M pre-money valuation.
crunchbase.comExtended its Visa partnership to access Visa Direct functionality for real-time card fund transfers.
linkedin.comPriceline and Cover Genius launch North American travel protection partnership.
globenewswire.comSub-processor list updated, confirming AWS, MongoDB, Elastic, and Twilio as infrastructure partners.
withmoxie.comFirst Federal Bank of Kansas City selected Jack Henry as its core technology provider for growth, automation, and small business expansion.
ir.jackhenry.comPartnership with dLocal for cross-border payments across Africa via Kalabash subsidiary.
dlocal.comAmerican Banker reported Live Oak is actively pursuing additional BaaS fintech partnerships (partners two and three), emphasizing a cautious expansion strategy.
americanbanker.comPartnership with Transend to offer point-of-commerce B2B working capital via Transend's private-label platform.
pymnts.comSecurity Properties Residential signs on across 26,075-unit portfolio; drives Entrata integration
funnelleasing.comStripe selected Fifth Third (via Newline) to power Stripe Treasury for platforms as a bank partner.
53.comGIM-UEMOA and Mastercard formalized a strategic partnership to accelerate innovation and promote financial inclusion in the UEMOA region.
africa-business.netAnnounced global partnership with Mangopay to power new marketplace payment capabilities for ManoMano sellers.
ibsintelligence.comAlshaya Group and Mastercard announced a multi-market partnership to launch Aura loyalty co-branded credit cards in Kuwait, Saudi Arabia, UAE, and Qatar.
businesswire.comUpdated TransPecos Banks Invoice Agreement and Factoring Agreement published, confirming TransPecos Banks as banking/factoring partner.
outgo.dat.comAnnounced deep integration with Overjet's FDA-cleared dental AI platform.
resources.carestack.comRegula announced its Document Reader SDK and Face SDK integration with Maza, cutting KYC onboarding costs by 50% and enabling verification of foreign IDs for ~5,000 clients/month.
businesswire.comHealthEquity disclosed a data breach affecting 4.3 million members via a compromised business partner account, filing a notice with the SEC.
securityboulevard.comU.S. Senators wrote to Synapse partners including Evolve Bank & Trust urging restoration of customer funds; Yotta implicated.
techcrunch.comNow Money announces strategic partnership with Mastercard to issue Mastercard debit cards to customers.
nowmoney.meIntegrated with Airwallex for multi-currency transaction syncing and automated reconciliation.
thepaypers.comLinnworks published a cross-border e-commerce expansion ebook, highlighting Payoneer as its payments partner for global sellers.
linnworks.comAdyen and noon announced a partnership to enhance payment solutions in UAE e-commerce.
adyen.comPlatform security FAQ published highlighting AWS hosting, Stripe and Plaid as trusted financial partners.
help.pinata.aiPriceline and Cover Genius announced a global North American partnership to offer embedded travel protection for flights, hotels, rental cars, and packages via XCover.
press.priceline.comRenewed Zepz partnership (WorldRemit, Sendwave); projected >$1B/year inbound diaspora flow
equitygroupholding-ug.azurewebsites.netHappyEasyGo announced partnership with Primer for localized payment solutions as part of Southeast Asia expansion strategy.
skift.comTreefort IDV free trial concluded; Stewart introduced $25 premium reduction for orders where Treefort IDV is completed, signalling formal partnership.
myemail-api.constantcontact.comFingo Africa announced a partnership with Flagright for AML compliance and fraud protection.
fingo.africaLaunched Vetstoria Pay, rebranding online payments and consolidating to a single payment provider partnership (Global Payments)
vetstoria.comSECUTIX and Cover Genius announced a ticket protection partnership, with a successful pilot at the British Grand Prix 2024 at Silverstone.
secutix.comLaunched Asset-Backed Securitisation (ABS) e-money structure in Uganda — first of its kind
jumo.worldVayana TradeXchange (VTX) privacy policy published, confirming full operational launch of the IFSC cross-border trade finance platform under Vayana IFSC Private Ltd.
vayanatradexchange.comLaunched the TIME™ Account, a simplified S&P 500-linked investment account backed by 67 years of performance data, now available to all app users.
businesswire.comOfficially launched Aerosync, covering 12,000+ banks with direct FI relationships and open banking API connectivity.
fintechfutures.comSalt Edge Berlin Group PSD2 Production API went live for Tirana Bank (launch date 01 July 2024).
priora.saltedge.comBritish embedded banking provider granted an e-money licence in the EU via its Maltese operation.
financialit.netUpdated Global AML and Anti-Terrorism Policy (FB 035_2024) approved by Board of Directors.
images.finecobank.comSwedish FSA approved prospectus for SEK 200M Tier 2 Notes 2024/2034 (ISIN SE0021515079).
nordiska.seFireblocks named Zerocap as one of the first five Global Custodian Partners, enabling Fireblocks customers to connect with Zerocap as a licensed custody partner in Australia and New Zealand.
fireblocks.comAnnounced $50M debt facility (option to $100M) led by CoVenture to scale financial services for truck drivers.
trucksmarter.comAutoScout24 began collaboration with Consors Finanz (BNP Paribas) to offer consumer car financing with preliminary credit checks on the platform.
aimgroup.comMarqeta publicly announced Swiss4 as a new customer for its modern card issuing platform, powering personalised digital payment services.
businesswire.comSZS Tech Private Limited updated Google Pay for Business Program Lending Facilitation Terms in India.
pay.google.comSimplic celebrated its 10th anniversary, announcing R$1 billion in cumulative loans disbursed and 14 million registered customers.
simplic.com.brFigma disclosed plans to train proprietary AI models on private customer content starting August 2024, with admin opt-out controls.
blog.stackaware.comSurecomp announced collaboration with Visa B2B Connect to enhance trade finance and cross-border payments via RIVO™.
surecomp.comUpdated Services Agreement taking effect 22 July 2024, consolidating EEA and non-EEA services under UAB CPS Payments.
cryptopay.meSuperBook Sports officially shut down its mobile app in every U.S. state except Nevada.
sportshandle.comUS Federal Reserve fined Green Dot Corporation $44 million over unfair and deceptive practices, with findings explicitly citing failures in tax return preparation payment services offered through TPG-related programs.
fintechfutures.comCapital One announced a collaboration with Stripe and Adyen on the Direct Data Share API for real-time fraud data exchange across merchant acquirers.
americanbanker.comLinnworks updated its North America & APAC Software Subscription Agreement Terms (last modified 22 July 2024).
linnworks.comUpdated Customer Agreement published under Shift4 with Revel Systems, Inc. headquartered at Shift4's Atlanta address (600 Peachtree Street).
shift4.comeFinance hosted its Cybersecurity Hackathon, reinforcing its position as a cybersecurity and digital payments innovation hub in Egypt.
efinance.com.egMidigator billing migrated from Xero to Equifax's Billing Revenue Management (BRM) platform.
support.kount.comHenkel signed a €2.0 billion sustainability-linked Revolving Credit Facility with 14 global banks, maturing July 2029.
henkel.comSodexo completes €1.75bn refinancing of its Sustainability-Linked Syndicated Revolving Credit Facility, extended to July 2029, with BNP Paribas and Société Générale as coordinators.
einpresswire.comDriveWealth named to CNBC World's Top FinTech Companies 2024 list in the Wealth Technology category.
fintechfutures.comPlinqit presented at American Banker Digital Banking 2024 conference alongside FIS Global, Onespan, and other fintech vendors.
americanbanker.comBloomberg L.P. and affiliates certify under EU-U.S. Data Privacy Framework, UK Extension, and Swiss-U.S. DPF.
bloomberg.comEach item is a dated development on the dossier of a company the Index tracks, linked to its announcement where the dossier recorded one. It is not every embedded finance announcement of the month. Deals between two tracked companies are listed once. Kinds are assigned from each announcement’s wording, and deals are ranked by the amount raised or paid, where disclosed.
