Fin.com has raised US$20 million seed round as it emerges from stealth. The funding will support its infrastructure for cross-border payments. Expa and Uber co-founder Garrett Camp led the round. Coinbase Ventures, Figure’s founders and Mesh founder Bam Azizi also took part, alongside sovereign and royal family offices across the Gulf and Africa. Cross-border money movement has long relied on bank messaging systems, local rails and manual processes. Fin.com brings that fragmented infrastructure into one network. The company calls this a single orchestration layer. It lets businesses collect, convert and move funds through local rails, USD accounts, SWIFT and stablecoin…

Nuvei has partnered with Kolleno to embed its global payments network into Kolleno’s AI-powered finance workflows. Businesses can now accept and reconcile invoice payments without leaving the collections, dispute and cash application tools they already use inside Kolleno. The partnership addresses a common gap in B2B finance. One system chases the invoice, but a different system takes the payment and reconciles it. Kolleno is an AI-powered order-to-cash platform. It automates accounts receivable tasks, including collections, dispute management, credit risk monitoring, cash application and financial forecasting. Nuvei’s payments infrastructure now sits inside that platform. Customers can pay however they choose on…

Velocity has raised another US$10 million to expand its stablecoin payments and treasury platform. Visa Ventures, Circle Ventures, Ripple, Haun Ventures, Translink Capital and Mirana Ventures participated in the Series A extension. The investment follows a US$38 million Series A announced last month and brings the round’s total to US$48 million. Velocity provides stablecoin infrastructure for issuers, acquirers, payment providers, financial institutions and merchants. Its platform supports settlement, liquidity and treasury operations without requiring businesses to replace their existing systems. The company aims to reduce reliance on prefunding and enable settlement beyond traditional banking hours. “We are excited to welcome…

ETFBOOK has raised US$13 million to expand its ETF data intelligence platform into the Americas and Asia-Pacific. The round was led by Expedition Growth Capital, with existing investor BlackFin Capital Partners also taking part. The Zurich-based company connects fragmented ETF data from multiple sources into a single feed. ETFBOOK delivers its data through APIs, an analytics platform called ETFBOOK Platform, and a service called Workforce that combines its data with clients’ own sources. It is also adding an AI conversational layer. Its clients include ETF issuers, fund administrators, market makers, authorised participants, asset and wealth managers, and hedge funds. The…

Revolut has applied for a Swiss banking license from the Swiss Financial Market Supervisory Authority (FINMA) as part of its plans to expand its offering for Swiss customers. If approved, the license would enable the company to offer a new level of product localisation to its more than 1.3 million customers in Switzerland. Currently, Revolut serves its Swiss customer base through Revolut Bank UAB, which is licensed in Lithuania and maintains a representative office in Switzerland but does not hold a Swiss banking license. If approved, the Swiss banking license would lay the foundation for a full banking product tailored…

The European Central Bank (ECB) has opened its digital euro pilot to online and mobile commerce merchants across the euro area. The call follows the earlier selection of payment service providers for the exercise. Selected merchants will test a beta digital euro. This version closely resembles the digital euro proposed under draft EU legislation, but it will not carry legal tender status. The pilot will check how the payment method performs in real e-commerce and m-commerce settings, covering its technical functionality, operational processes and user experience. Eurosystem staff, selected payment service providers and merchants offering everyday services at central bank…

Fime, based in Paris, has acquired Red Alert Labs. Financial terms were not disclosed. The acquisition adds cybersecurity evaluation, certification and compliance automation to its work in payments, mobility and digital identity. Red Alert Labs brings accredited security evaluation expertise and CyberPass, its compliance automation platform. CyberPass helps manufacturers track and improve compliance readiness, and helps certification schemes manage assessments. The deal follows tighter EU cybersecurity rules. Reporting obligations under the Cyber Resilience Act took effect on 11 September 2026, with the law’s broader requirements following from 11 December 2027. From that point, manufacturers must show cybersecurity compliance on an…

Revolut has cleared the final regulatory hurdle to launch as a bank in Colombia after receiving approval from the country’s financial regulator. The company has not confirmed a launch date. Around 200,000 Colombians have joined its waiting list, according to Revolut. Customer deposits will be covered by Fogafín in line with Colombia’s deposit insurance rules. Diego Caicedo, CEO of Revolut Colombia said, “We are not going to just launch as a bank ; we are connecting Colombia to the global economy, simplifying remittances and access to world-class products in one single place, supported by the infrastructure of one of the…

S&P Global led a strategic investment in Kaiko, extending the crypto market data provider’s Series B funding to US$110 million. The round includes banks, exchanges and trading firms backing infrastructure for tokenised markets that run around the clock. BNP Paribas, Bpifrance, Broadridge, Canton Foundation and Coinbase Ventures joined S&P Global in the round. DRW Venture Capital, Nasdaq Ventures, Royal Bank of Canada, Stellar and Susquehanna Private Equity Investments also took part. Existing shareholders Anthemis, Point Nine and Revaia backed the extension too. Participating institutions have joined a Kaiko-chaired industry working group. The group focuses on data and infrastructure for tokenised…

A pilot linking pension fund data to online banking has gone live in Switzerland, built by Zürcher Kantonalbank and pension fund Profond, with digitalisation consultancy Acrea. Swiss Fintech Innovations (SFTI), which leads the Open Pension initiative, calls this pilot its first concrete implementation. The pilot lets shared ZKB and Profond customers view selected second-pillar pension data directly in their online banking. Occupational pension is one of the most important assets for many people, yet that information typically sits outside the digital banking tools customers use most often to track their finances. The pilot gives customers a better overview of their…

Cryptocurrency wealth has significantly declined over the past year, primarily due to a downturn in the crypto market. According to a new research by British investment migration consultancy Henley & Partners, the number of crypto millionaires worldwide holding at least US$1 million worth of cryptocurrencies, excluding stablecoins, decreased by 43.9%, falling from 241,700 individuals on June 30, 2025 to 135,694 on August 31, 2026. Similarly, the number of crypto centi-millionnaires also declined. Last year, there were 450 individuals with crypto holdings of at least US$100 million. On August 31, 2026, this number stood at 290. Additionally, the number of crypto…

Revolut has confirmed a data breach after an unauthorised party used a legitimate government agency email domain to request customer data,  TechCrunch reported. The firm blocked the email address used in the scam, then alerted the relevant agency, the police and financial regulators. Revolut confirmed that its systems and customer funds remained unaffected. A limited number of customers were caught in the breach, and Revolut has already reached out to them directly. The firm has declined to reveal how many people were involved, where they are located, or which agency’s identity was used. The breach exposed copies of passports and…

Bitcoin Suisse could cut as many as 60 of its 120 Swiss jobs. Finews reported that the crypto financial services firm plans to shift back-office, administrative and software roles to Bratislava and a new site planned in Vietnam. Founded in Zug in 2013, Bitcoin Suisse built its business on crypto trading, custody, staking and lending, and now employs roughly 200 people worldwide. Bitcoin Suisse held a town hall meeting in Zug on Friday to brief staff on the changes. The firm already runs a hub in Bratislava, and it confirmed plans to close its Copenhagen IT office. Andrej Majcen, the…

Worldline has launched a payment tool that lets merchants accept purchases made through AI agents. The payment handler supports the Universal Commerce Protocol (UCP), an open standard developed by Google and other industry partners. UCP provides a common framework for AI agents to find products and complete purchases. Merchants can configure their payment options once and use them across platforms connected to UCP. The setup supports card payments, mobile wallets and European payment methods. The capability is available through Global Collect, Worldline’s cross-border payment platform. Stijn Gasthuys, Head of Global Commerce & CEO of Global Collect (Worldline Group), said, “As…

Nu has launched retail banking services in the United States. It also introduced Nu Global, a multi-currency account for sending money abroad. The launch marks Nu’s first move outside Latin America, where it serves more than 140 million customers across Brazil, Mexico and Colombia. The Nu Account pays a variable 3.50% annual percentage yield (APY), credited daily. Lead Bank, an FDIC-insured partner, holds the deposits. The account comes with a metal debit card, savings goals, and free transfers to Brazil, Mexico and Colombia. Nu plans to add more countries to that list. Customers who add the Nu Credit Card and…

3 fintechs made it to this year’s TOP 100 Swiss Startup list, an award organised by Venturelab. The 2026 edition of the ranking includes three fintech companies, a more selective representation for the sector than in previous years. Several familiar names return to the list in 2026, with this year’s fintechs spanning employee insurance, carbon credit risk and AI-driven asset management. Of the 3 fintechs, 2 were repeats from the 2024 ranking and 1 was a repeat from the 2025 ranking. While fintech remains a key part of Switzerland’s startup landscape, its presence in this year’s list is notably leaner.…

Kraken’s parent, Payward, has secured a US$100 million investment from Nasdaq Ventures, the strategic investment arm of Nasdaq (NDAQ). The deal deepens a partnership Payward already has with Nasdaq covering tokenised equities infrastructure and market surveillance. Payward is working with Nasdaq’s Digital Liquidity Networks (DLN) unit on the collaboration. DLN is the exchange’s markets business, and it focuses on building always-on infrastructure to move capital, assets and liquidity across global markets. The two companies are also progressing plans for Nasdaq Equity Tokens (NETs). They are targeting a launch in the second quarter of 2027. Nasdaq introduced the NET framework earlier…

Zeal has raised US$10 million in new funding, taking its total raised to US$14 million. The London-based company builds loyalty and merchant-intelligence software for payment terminals. It has signed contracts with acquirers worldwide to activate its loyalty software on more than four million payment terminals within two years. The company has not disclosed the investors in this round. Online retailers can track customers through connected transactions and loyalty platforms. Physical retailers often cannot. A card payment can pass through a terminal without giving the merchant useful insight or the payment provider a clear account signal. Terminal manufacturers, operating systems and…

Sygnum and Nu, the largest digital bank in Latin America, are partnering to launch crypto services through Nu Global. Nu currently serves more than 140 million customers across Brazil, Mexico and Colombia, and will now extend into Switzerland and other international markets. Nu Global is a new high-yield account that holds several currencies. It offers fast, free transfers to more than 35 countries. Sygnum will handle crypto conversion, trading, stablecoins and custody for Nu Global users. A Swiss bank guarantee from Sygnum covers their assets, under Swiss rules. Nu Global runs on Sygnum’s bank-to-bank platform, which already reaches more than…

OKX has launched pre-IPO markets and tokenised stocks for eligible traders in Europe. The rollout gives customers leveraged exposure to private companies such as OpenAI and Anthropic before they list. It also opens round-the-clock trading on public stocks. Pre-IPO X-Perps start with two markets, OpenAI and Anthropic. Traders can go long or short on each company’s implied valuation, with up to 10x leverage. Positions can open and close at any time. OKX plans to add more pre-IPO markets over time. The tokenised stock offering opens with 100 markets. These include SpaceX, Google, Nvidia and Palantir, plus the SPY and QQQ…