99 developments from 94 companies: 5 acquisitions, 4 funding, 27 partnerships and integrations, 15 launches, 4 licences and regulators, 44 other developments.
Acquired by Visma Group; Hix continues under its own brand as an independent unit within Visma.
hellohix.comAgilysys announced the strategic acquisition of Book4Time, integrating it into its hospitality software portfolio.
crunchbase.comRobinhood completed acquisition of Bitstamp, rebranding it 'Bitstamp by Robinhood'.
bitstamp.netHypothekarbank Lenzburg announced and signed the acquisition of 100% of Swiss Bankers Prepaid Services AG to build a leading BaaS and embedded finance offering.
hbl.chRaised AUD 35M Series D led by Peak XV Partners (formerly Sequoia Capital South East Asia).
fintechfutures.comRaised $5M round with Visa as a strategic investor to expand embedded financial services across Africa.
techcrunch.comFounder Sankaet Pathak raised $11M pre-seed for new robotics company Foundation.
techcrunch.comPayPal and UKG launched payroll integration enabling UKG Pro employees to set up PayPal Direct Deposit and access funds up to two days early.
newsroom.paypal-corp.comExpanded integration with Relay Payments to include fuel purchases (in addition to lumper payments)
mcleodsoftware.comTravelex launched redesigned Travelex Money Card (TMC) app powered by Mastercard for multi-currency prepaid card management.
financialit.netZone partnered with NIBSS to use blockchain for recording POS payments and revolutionizing PTSA functions.
content.zonenetwork.comSwipe launched SwipeFlex in partnership with Renmoney for instant consumer credit
techcabal.comScanco selected Nuvei as payment processing partner to power the i2PAY solution with Card-Not-Present and ACH capabilities.
scanco.comIgloo partnership launches critical illness, PA, and hospital benefit insurance in the app
technode.globalInvoiceASAP announced partnership with Adyen for Platforms to offer instant payouts leveraging FedNow certification, providing merchants immediate access to deposited funds.
adyen.comNow Money announces partnerships with Commercial Bank International (CBI) and Network International.
financialit.netQualcomm signed a new credit agreement dated August 8, 2024 with Bank of America as administrative agent and co-syndication agents including Goldman Sachs, JPMorgan, Barclays, and MUFG Loan Partners.
lawinsider.comIngka Group expands inventory drone fleet to 100 units across European stores via partnership with Verity.
techcrunch.comBitstamp Connect launched Kryptos integration to automate crypto tax reporting for customers across 16 countries.
blog.bitstamp.netBillEase and Xendit launched QRPh integration, enabling loan repayments and purchases at 600,000+ merchants nationwide.
blog.billease.phCoda partners with PayPay to offer more payment choice to gamers in Japan.
codapayments.comFinch published a case study detailing Addition Wealth's use of Finch's HRIS and payroll integrations for real-time employee financial data.
tryfinch.comVena partnered with TrustArc and achieved TRUSTe Enterprise Privacy Certification.
venasolutions.comLaunched A.V.I., a WhatsApp-based generative-AI assistant for partner brokers.
blog.icatuseguros.com.brChinabank inked a partnership with Visa to integrate Visa payment technologies and offer exclusive offers to Visa cardholders.
chinabank.phCorpay Cross-Border announced as Manchester City's Official Foreign Exchange Partner for men's and women's teams.
financemagnates.comInCred Finance partnered with Ola Money to offer personal loans of up to Rs 10 lakh to Ola users via the Ola app.
prelaunch.financialexpress.comAnnounced integration with Sunbit to provide BNPL financing to dealership service customers.
mykaarma.comPartnered with Banxware for embedded lending/cash advances to refurbisher sellers
embeddedfinancereview.comLaunched a stablecoin product with waived transaction fees to increase adoption.
embeddedfinancereview.comPosted a job opening for a data analyst role focused on launching new lending products across multiple markets (consumers, vendors, riders).
careers.deliveryhero.comRaisin UK Open Banking API went live via Salt Edge Priora PSD2 infrastructure on 20 August 2024.
priora.saltedge.comEthio Telecom and Visa signed strategic agreement to launch Visa Direct and telebirr Remit services, enabling Ethiopia's first Visa digital wallet.
developingtelecoms.comERGO, O2 Telefónica, and Telefónica Insurance jointly launched 'O2 Care | Mobility' embedded insurance product across Germany, billed automatically via the O2 invoice.
telefonica.deLaunched updated Bray Controls product profile brochure covering triple offset butterfly valves and full product range.
bray.comLaunched Fidelity Send with Mastercard for cross-border remittances to 60+ countries
fidelitybank.ngBrankas and Boost Capital launched LoanLink, the first chat-based lending solution in Southeast Asia.
prnewswire.comLaunched Intelligent Job Matching enhancement using AI/ML to de-duplicate and clean project data
levelset.comLaunched Paychex Flex Perks, a digital employee benefits marketplace including EWA, financial wellness, and voluntary lifestyle benefits.
businesswire.comCashflows Advance — a flexible fixed-fee business funding solution — added to the Judopay platform, enabling UK and European SME merchants to access pre-approved working capital with repayments tied to daily sales.
finextra.comAurionpro Payments went live as an RBI-authorized online payment aggregator in India, launching digital onboarding and BBPS utility payment acceptance at Global Fintech Fest 2024.
aurionpro.comCEX.IO Limited received Money Lender License from Gibraltar Financial Services Commission, officially launching CEX.IO LOAN under regulated status.
pulse.co.keOffers embedded finance across 4 continents (Asia, Europe, North America, Australia): insurance, lending, co-branded cards.
embeddedfinancereview.comVaro Bank signed a five-year exclusive issuer processor deal with Marqeta, replacing its prior card processing infrastructure.
investors.marqeta.comEbury reportedly appointed Goldman Sachs to lead its potential IPO, targeting as early as Q1 2025.
fintechfutures.comPayment protection plan administrator changed from CUNA Mutual Group to Minnesota Life Insurance Company (Securian), effective August 1, 2024.
magfedcu.orgAutoRek published updated Security Addendum (SaaS v1.3) and Data Protection Addendum (v1.3) for customer agreements.
autorek.comOpened new Sydney office at Brewery Yard, Tech Central, consolidating Square + Afterpay + Cash App + TIDAL + TBD teams
block.xyzAnimoca Brands shares tokenized and made available for trading on Republic's platform.
republic.comSíminn Pay agreed with Rapyd Europe hf. to take over card loans and payment distributions for Visa and Mastercard
ml-eu.globenewswire.comPrizePool reportedly wound down its consumer app, stopped accepting new sign-ups on 23 August 2024, and set 23 September 2024 as account closure date amid an acquisition.
fintechfutures.comSygnum issued the industry-first $50M Bitcoin-backed syndicated loan to Ledn, syndicated among Sygnum's institutional clients.
sygnum.comRatEx42 last updated Cryptopay listing, noting legal entities CPS Solutions OÜ, UAB CPS Payments, CPS Transfers Limited, DiPocket UAB.
listings.ratex42.comChange of details for Yao-Yun Chang as a person with significant control filed at Companies House.
find-and-update.company-information.service.gov.ukInvestors informed of voluntary administration (entered July 9, 2024) weeks after the fact; $2.1M crowdfunding raise effectively wiped out.
smartcompany.com.auSulAmérica Investimentos plans first private-credit fund focused on project finance
bloomberg.comReported to be hiring data analyst for new lending products covering 70+ markets
embeddedfinancereview.comHealthEquity entered a new credit agreement dated August 23, 2024, with JPMorgan Chase Bank as administrative agent and Wells Fargo, Truist, BMO, Bank of America, and Royal Bank of Canada as co-agents.
lawinsider.comNordea published updated Data Controllers list for the Nordea Group, confirming the legal entity structure across Denmark, Finland, Norway, Sweden, and Baltic countries.
nordea.comTally Technologies ceased all operations and laid off its entire staff of 183 employees after failing to secure new funding.
en.wikipedia.orgRevel Systems PCI DSS v4.0.1 Attestation of Compliance for Service Providers completed, with report date November 2025.
shift4.comOdus "Boogie" Wittenburg named President of TravelNet Solutions
trackhospitality.comLyft and Payfare announced new Lyft Direct features including Lyft Direct Savings, Balance Protection (up to $200), and enhanced cashback rewards.
nasdaq.comPublished thought leadership content under Tight brand on hurdlr.com blog about accounting APIs and embedded finance for vertical SaaS, signaling B2B API strategy.
hurdlr.comShamrock Trading Corporation issued notice of a data breach event affecting customer personal information, stemming from unauthorized access between May 6–7, 2024.
dojmt.govSigned a five-year exclusive deal with Marqeta to become Varo's issuer processor for debit and credit cards, enabling Apple/Google Wallet tokenization for 5M+ cards in market.
businesswire.comScore dating app quietly shut down after six months and ~18,000 users, confirmed by TechCrunch.
techcrunch.comRBI revised Master Directions for NBFC-P2P platforms; LiquiLoans temporarily disabled certain platform functionalities in response.
liquiloans.comUpdated Payment Processing Agreement, codifying embedded credit card, debit card and ACH processing offered directly to merchants.
quotemachine.comCFO Mohamed Chaudry interview on financial strategy and embedded financial services
blog.vendease.comCFO Mohamed Chaudry interviewed on BNPL and digital wallet reaching 4,000+ HoReCa businesses.
africa.comCorpay Mastercard Fuel & Business Expense Card + AP Automation agreement published, confirming Fifth Third Bank N.A. as card issuer.
cp.corpayone.comBT Group published updated UK Binding Corporate Rules for data protection compliance.
business.bt.comLegitify successfully completed SOC 2 Type 1 certification focused on Security, audited by Strike Graph.
legitify.euSecurity and privacy page updated confirming SOC 2 Type II and ISO 27001 certifications.
wiserfunding.comAdded John Xiao (VP Data Engineering) and Catherine Schulz (Sr Director Platform/DevOps) to tech leadership
dat.comMaster SaaS Agreement published, confirming Lune operates as a SaaS provider to financial institutions.
lunedata.ioNBBL issued Data Security and Privacy Standard Framework circular for credit card bill payment transactions processed through BBPS, classifying customer data into three tiers and mandating encrypted storage and customer-initiated authentication.
teamleaseregtech.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.