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/startups

UK mortgage fintech Sprive raises £5.5m

UK mortgage overpayment app Sprive has raised £5.5 million in a funding round led by Ascension.

/payments

EPI looks to join forces with other payment schemes to secure EU sovereignty in payments

BNP Paribas is backing attempts by the European Payments Initiative to wrest control of the EU's payments ecosystem away from US card schemes and Big Tech giants and secure the Bloc's sovereignty in payments.

/ai

Commerzbank combines generative AI and avatar technology to create new digital assistant

Commerzbank is releasing an AI avatar called Ava to interact with the German lender's private and small business customers in "natural and engaging conversations".

/crypto

Mastercard takes 360-degree approach to power stablecoin transactions

Mastercard is doubling down on stablecoins, unveiling new global end-to-end acceptance and payments capabilities.

/security

IBM, BillGo on securing payments against quantum computing threats

At Nacha event Smarter Faster Payments 2025 in New Orleans, a weekend panel session explored how financial institutions must establish an internal risk committee that assesses and mitigates future quantum-related threats.

/ai

Garanti BBVA virtual assistant gets GenAI boost

The Turkish unit of Spanish banking giant BBVA has given its mobile app's personal assistant a GenAI makeover.

/payments

Corporate card firm Pliant snags $40 million in funding

Berlin-based corporate card platform Pliant has raised a $40 million Series B equity round to fuekl its expansion to the US.

/startups

Stablecoin payment system Next Generation secures $5 million in Seed funding

French fintech Next Generation has secured $5 million in Seed funding to drive the launch of its B2B payment ecosystem and pursue M&A opportunities.

/payments

Thunes raises $150 million in Series D

Cross-border payments company Thunes has raised $150 million in Series D funding, led by Apis Partners and Vitruvian Partners.

/regulation

Nubank receives banking licence approval in Mexico

Brazilian fintech giant Nubank has secured approval from Mexican regulators to become a bank in the country.

/payments

Nacha and JP Morgan's Kinexys collaborate on account validation

US clearing house Nacha is working with JP Morgan's Kinexys blockchain business to facilitate information exchange between their respective payment information networks.

/startups

Flex accelerates consumer expansion through Maza acquisition

Flex, a fintech that helps business owners automate their back offices, has acquired Maza a fintech app aimed at Spanish-speakers in a $40 million deal.