Auto Added by WPeMatico
Baran Ozkan spent 15 months looking for software that did not exist. As head of financial-crime product at a European bank, he wanted a single tool to catch money laundering and fraud. Vendors overpromised. His own employer tried to build one in-house and failed. So he built it himself. His startup, Flagright, has now raised […]
This story continues at The Next Web
Liberty Bank, a 201-year-old mutual bank headquartered in Middletown, Connecticut, announced the launch of an AI Center of Excellence alongside a strategic partnership with Flare AI. The centre will serve as the hub for AI strategy, governance, and execution across the bank’s personal, commercial, and digital operations. The partnership is structured around outcomes rather than […]
This story continues at The Next Web
Parafin, an embedded financial infrastructure company on the 2026 Forbes Fintech 50 list, has secured a new credit facility led by Goldman Sachs alongside One William Street Capital Management. The facility will expand access to embedded lending for small businesses through platforms including Amazon, DoorDash, Gusto, TikTok Shop, and Walmart. The company’s model is straightforward. […]
This story continues at The Next Web
Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acquisitions. It is the company’s first equity raise in six years. As part of the deal, Behavox fully repaid and […]
This story continues at The Next Web
Behavox raises $175 million from BlackRock’s HPS to expand its AI compliance platform Read More »
Nuvei is buying Payoneer for $2.75bn, a bet that the way to take on Stripe is to own every step of a payment, not just one. The Canadian firm will pay $7.40 a share in cash for Payoneer, the cross-border specialist listed on Nasdaq, in a deal both boards have approved. It ends Payoneer’s roughly […]
This story continues at The Next Web
Nuvei is buying Payoneer for $2.75bn to build a one-stop rival to Stripe Read More »
Polymarket, the largest prediction market exchange, has more than $345 million in trading volume stuck in limbo over a question of semantics. Traders bet on whether the United States and Iran would sign a permanent peace deal. Both countries announced an agreement over the weekend, but it is not clear that the announcement meets the […]
This story continues at The Next Web
Artificial intelligence has spent years promising to disrupt asset management. In 2026, that promise is starting to show up in performance tables. The AI-managed ETFs from FINQ are emerging as early examples of what happens when portfolio construction is delegated to a fully systematic, continuously learning model rather than human discretion. Since launching on February 5, 2026 on NYSE […]
This story continues at The Next Web
FINQ’s AI-managed ETFs quietly outrun Wall Street in early 2026 Read More »
Crypto users who thought they had found a way into the hottest IPO in years through tokenized SpaceX stock discovered on Friday that the shares would not be arriving. Binance Wallet, Bybit, and Bitget Wallet all canceled their tokenized SpaceX offerings after xStocks, the tokenized equity provider behind all three products, failed to deliver the […]
This story continues at The Next Web
The Current Series E is in. The New York neobank raised $80m, led by Springcoast Partners, at a $1.5bn valuation. That headline hides the real story. In 2021, Andreessen Horowitz valued Current at $2.2bn. The new round sits about a third below that peak. So this is a down round. It is also, the company […]
This story continues at The Next Web
Current’s $80M Series E values the neobank below its 2021 peak Read More »
On 11 June, Pleo told finance teams that AI agents would soon free them from administrative work. The next day came the Pleo layoffs: the Danish spend-management fintech had cut around 50 of its own staff, most of them in engineering and data. The product launch came first. Pleo unveiled a suite of “agentic” AI, […]
This story continues at The Next Web
Pleo layoffs hit engineers a day after it launched finance AI agents Read More »