Digital pioneers and fintech natives, including Ace Money Transfer, BOSS Money, Paysend, Revolut, TransferGo and Remitly, are leading consumer satisfaction in the UK and the US money transfer markets this year, according to a new analysis by FXC Intelligence, a data platform specializing in the cross-border payment and e-commerce sectors. The analysis, released on June 19, combines average customer ratings from both Apple’s App Store and Google Play Store with each company’s Trustpilot scores to give a clear picture of consumer sentiment in 2025. Among the 18 companies reviewed, 16 scored 4.0 or above out of 5 on Trustpilot, and…

Crypto firm Ripple has submitted an application for a national bank charter in the US. The move follows a similar step by stablecoin issuer Circle and marks a broader effort by digital asset companies to seek regulatory certainty and closer ties with the traditional financial sector. According to Reuters, obtaining a bank charter would enable crypto firms to streamline payment settlements and reduce reliance on intermediary banks, potentially lowering operational costs. It would also offer what the industry sees as formal recognition after years of regulatory uncertainty. A spokesperson for the Office of the Comptroller of the Currency (OCC), a…

London-based packaging company Burgopak was selected by Elevations Credit Union to create the packaging for its Go Buffs Visa Signature Rewards Card, developed in collaboration with the University of Colorado Boulder. The card features the branding of the Colorado Buffaloes, the university’s athletic teams. The brief called for a premium solution to highlight the card’s black and gold design. Elevations chose Burgopak’s signature Slider format, which includes a drawer-style mechanism. The black outer sleeve features blind embossing and spot UV detailing to bring attention to the Buffs logo, resulting in a subtle yet distinctive finish. The card is housed in…

Revolut, the London-based fintech company, has announced plans to acquire an Argentine lender owned by BNP Paribas, marking its latest expansion into Latin America. The digital bank will purchase Cetelem Argentina from BNP Paribas Personal Finance, though the terms of the deal were not disclosed and remain subject to regulatory approval. According to Reuters, Revolut has already entered markets in Brazil, Mexico, and Colombia. The company said it aims to offer products tailored to the needs of Argentine consumers, including multi-currency accounts, commission-free bank transfers, and foreign exchange trading. Argentina’s long-standing economic volatility, somewhat stabilised in the past year under…

NCR Atleos, a provider of self-service financial access solutions, has announced that InComm Payments, a global payments technology firm, has integrated Atleos’ ReadyCode API. The integration enables InComm’s fintech and banking partners to offer cardless cash withdrawal services at over 23,000 ATMs across the United States. InComm Payments offers payment and financial technology services across several sectors, including retail, healthcare, transport, incentives, mobile payments, digital currencies and financial services. Its solutions support omnichannel commerce and alternative payment methods. Through ReadyCode, InComm Payments aims to provide consumers with the option to make secure, code-based ATM withdrawals via existing applications. The solution…

Kalshi, a New York-based regulated prediction market platform, has raised US$185 million in a funding round that values the company at US$2 billion. As reported by Reuters, the round was led by crypto-focused investment firm Paradigm, with additional backing from Sequoia, Multicoin, Neo, Bond Capital, and Citadel Securities chief executive Peng Zhao. Founded in 2018 by Mansour and Luana Lopes Lara, who met while studying at the Massachusetts Institute of Technology (MIT), Kalshi enables users to trade on the outcome of real-world events, ranging from politics and the economy to sports and entertainment. The popularity of these event contracts has…

Balance, a New York-based financial infrastructure platform leveraging AI for B2B commerce, has launched “Pay Later for Business” on Alibaba.com. The embedded financing solution aims to provide SMEs in the US with improved purchasing power and greater flexibility in managing payments. US users of Alibaba.com can now access instant credit at checkout, with eligible businesses able to finance their purchases directly. The solution is underpinned by Balance’s AI-driven risk infrastructure, which enables real-time credit assessment and approval, including for SMEs typically underserved by conventional financing providers. “Flexible B2B payments are essential for business customers who want to grow,” said Yiran…

Nasdaq has announced the implementation of end-to-end margin and collateral workflows on the Canton Network, a blockchain-based infrastructure, through its integration with Nasdaq Calypso. Developed in partnership with QCP, Primrose Capital Management, and Digital Asset, the use case highlights the potential of combining on-chain functionality with traditional financial workflows to improve collateral mobility across asset classes for institutional users. Nasdaq Calypso is a platform widely used by financial institutions to manage risk, margin, and collateral needs within a unified environment. The integration with Canton Network enables the platform to support automated, round-the-clock collateral and margin management for a broad range…

Amazon Mexico has introduced Amazon Access, a new digital account developed in collaboration with INVEX Banco and Mastercard. The account allows users to manage their funds directly via the Amazon shopping app and comes with no commission fees or minimum balance requirements. According to Mexico Business News, the account was initially rolled out to a select group of customers and is issued by INVEX Banco. It does not require users to visit a physical bank branch. Instead, customers can open an account through the Amazon app and receive a digital card, with the option to request a physical card at…

Quinn, an AI-powered financial planning and advice platform based in New York, has emerged from stealth and secured US$11 million in Seed funding. The round was led by Viola Fintech, with participation from existing investors. The platform aims to address the limitations of traditional financial advisory models, which typically operate with a 1:100 advisor-to-client ratio, by using AI to expand access to personalised financial guidance. Quinn integrates directly into financial institutions’ platforms via API, providing real-time, tailored advice to clients at scale. It is available in embedded, co-branded, or white-label formats. Founded by a team with over 15 years of…

Melio, a New York-based bill payments platform for small businesses, has agreed to be acquired by Xero, a cloud accounting software company headquartered in New Zealand. The acquisition will bring Melio’s payment capabilities together with Xero’s accounting platform to expand services for small businesses and the advisors who support them. “By joining forces with Xero, we’re combining powerful accounting and innovative payment solutions to create a seamless experience that empowers small businesses and the advisors who support them,” said Matan Bar, Co founder and Chief Executive Officer of Melio. “Together, we are building the most comprehensive accounts payable and receivable…

Winnipeg-based fintech firm Conquest Planning has secured US$80 million in a Series B funding round led by Growth Equity at Goldman Sachs Alternatives. The round also saw participation from Canapi Ventures, BDC Capital, Citi Ventures, TIAA Ventures, and USAA, alongside existing investors BNY and Portage. This brings the firm’s total funding to more than US$100 million. Founded in 2018, Conquest provides an AI-driven financial planning platform designed to deliver personalised advice at scale to clients of financial advisors, banks, brokerages, insurance firms, and pension providers. The new capital will support Conquest’s expansion into the US and the development of its…

Fiserv and PayPal have announced a partnership to develop interoperability between their respective stablecoins. FIUSD and PayPal USD (PYUSD). The collaboration aims to enable both consumers and businesses to move funds domestically and internationally using these digital assets. By leveraging their global presence in banking and payments, Fiserv and PayPal intend to promote the broader use of stablecoins and programmable payments. Takis Georgakopoulos, Chief Operating Officer at Fiserv, stated, “Our expanded relationship with PayPal furthers our mission to scale stablecoin-powered payments, leveraging our position at the intersection of banking and commerce to build more efficiency and optionality into the payments…

Fiserv, a Wisconsin-based provider of payments and financial services technology, has announced plans to launch a digital asset platform by the end of the year. As part of this platform, the company will introduce a new stablecoin, FIUSD, which will be integrated into its existing banking and payments infrastructure. The stablecoin is intended to offer Fiserv clients a more efficient and interoperable method of handling digital assets within their banking and payments operations. FIUSD will be made available through Fiserv’s global network, which includes around 10,000 financial institutions and six million merchant locations, processing 90 billion transactions annually. The company…

Botpress, a company headquartered in Quebec, Canada, that provides infrastructure for building and deploying AI agents, has raised US$25 million in Series B funding. The round was led by FRAMEWORK, with participation from Inovia Capital, Deloitte Ventures, HubSpot Ventures, Decibel, and existing backers. The funding will be used to further develop Botpress’s platform, enhance global customer support, and expand its engineering and commercial teams. Botpress was founded to address infrastructure gaps that often prevent companies from operationalising AI agents at scale. While large language models have enabled new advances in reasoning and natural language processing, deploying reliable agents continues to…

X CEO, Linda Yaccarino has revealed that users will soon be able to make investments or trades directly on the social media platform X, the Financial Times reported on Thursday (June 19), a move aligned with Elon Musk’s ambition to transform the platform into an “everything app.” In an interview with the publication, Yaccarino said the company is exploring the launch of an X-branded credit or debit card, which could be introduced as early as this year. Musk, who acquired Twitter for US$44 billion in April 2022 and later rebranded it as X, has long expressed intentions to model it…

Taiwanese manufacturing giant Foxconn and US AI chipmaker NVIDIA are reportedly in discussions to deploy humanoid robots at a new Foxconn facility in Houston, where AI servers for NVIDIA will be produced, according to two sources familiar with the matter. As reported by Reuters, this would mark the first time a NVIDIA product is manufactured with the help of humanoid robots and would also be the first Foxconn AI server plant to incorporate them on its production line. The deployment, expected to be finalised in the coming months, would represent a significant milestone in the industrial adoption of humanoid robots,…

Best Egg, a Delaware-based fintech focused on consumer lending, has announced a new lending partnership with Column, a nationally chartered bank. The agreement will see Column provide funding for both secured and unsecured personal loans issued by Best Egg. The partnership is aimed at supporting Best Egg’s continued growth and expanding access to its lending products, particularly those designed for consumers with limited savings. “As the fintech landscape continues to evolve, success depends on building partnerships that are both forward-thinking and operationally strong,” said Bobby Ritterbeck, President at Best Egg. “Column’s modern infrastructure and shared commitment to innovation make them…

Highnote, a California-based platform for embedded finance and modern card issuance, has announced a new partnership with BVNK, a New York-based stablecoin infrastructure provider for financial services. The collaboration enables real-time, round-the-clock stablecoin-based funding for card programmes, allowing Highnote’s clients worldwide to instantly fund US-based accounts in USD, regardless of banking hours. Through this integration, programme funds can be transferred using stablecoins, automatically converted into US dollars, and deposited directly into sponsor bank accounts in real time, including on evenings, weekends, and public holidays. This development aims to streamline a key operational process for fintech firms and global enterprises operating…

Juniper Square, a California-based provider of connected fund software and services for private markets, has raised US$130 million in a Series D funding round led by Ribbit Capital. The latest investment brings the company’s valuation to US$1.1 billion. Other participants in the round include Fifth Wall, with continued backing from Blue Owl Capital, Redpoint Ventures, HighSage Ventures, and additional investors. The funding will be directed towards advancing Juniper Square’s development of JunieAI, an enterprise-grade artificial intelligence solution designed specifically for general partners (GPs) in private markets. JunieAI integrates large language models with Juniper Square’s fund system of record, structured data…