Paddle brings billing into AI workflows
Hey FinTech Fanatic!
One story that caught my attention today is Paddle’s new AI Toolkit, which lets developers set up, test and manage billing directly from tools like Claude Code, Cursor, and Gemini CLI.
As Paddle’s Chief Innovation Officer Andrew Davies put it, “The companies being built today look very different from the SaaS businesses of even a few years ago.”
That’s exactly the shift Paddle is responding to. Smaller teams are building products faster with AI, but selling globally still means dealing with payments, taxes, and compliance across multiple markets. Paddle’s toolkit brings billing into developers’ existing AI workflows while continuing to handle those complexities across more than 300 markets.
Paddle also announced native usage-based billing, allowing AI businesses to charge customers based on consumption alongside subscriptions. The feature is expected to enter private preview in early 2027.
To me, this is another sign that FinTech infrastructure is adapting to how software is built today. AI isn’t just helping developers write code, it’s starting to change how they run the business around it, too.
Anyway, plenty more happened in FinTech today.
Let’s dive in, and I’ll be back in your inbox tomorrow!
Cheers,
🔴 LIVE FROM MONEY20/20 USA
Not in Vegas? I’ve got you covered.
Money20/20 is always a lot to keep up with. New launches, partnerships, deals, and the occasional announcement that makes you raise an eyebrow.
I’m keeping tabs on what’s happening and bringing you the stories that stand out.
Here’s what caught my eye today:
1. 🇬🇧 Checkout.com expands into in-store payments with Mollie as a partner. The solution works with merchants' existing payment terminals and brings online and in-person transactions onto one platform. Mollie will integrate Checkout.com's acquiring infrastructure into its own payment offering.
2. 🌐 Wio Bank named a Diamond finalist at the 2026 Money Awards. The UAE-based digital bank joins seven other companies recognized for innovation and real-world impact across financial services. Winners will be announced at Money20/20 USA in Las Vegas on October 18. Keep reading
3. 🌐 Matter Labs introduces Prividium Commander for institutional digital assets. The platform combines token management, transaction controls and compliance tools, helping financial institutions launch digital asset services without building separate systems.
4. 🇺🇸 Ordr launches Ordr Insights at Money20/20, turning payments into customer intelligence. The AI suite can replace loyalty programs, apps and customer data platforms. It is available today across the United States and Canada.
5. 🇺🇸 TomoIQ launches Money Finder, an AI-powered personal finance assistant. Developed by TomoCredit, the tool helps users explore credit and loan options, manage debt and identify ways to reduce recurring expenses. It is now available to existing TomoIQ customers.
And that’s a wrap!
I’ll be back tomorrow with more from Money20/20. Something tells me there’ll be plenty more to talk about 😉
INSIGHTS
💡 Incognia: How to Investigate a Suspected Fraud Farm. Fraud farms can make accounts, devices and transactions appear unrelated, making coordinated activity difficult to detect. Incognia outlines nine steps for investigating suspected fraud farms, from mapping account-device relationships and detecting manipulation to analysing timing patterns, identifying shared physical locations, reviewing risk history and tracing money flows. The key takeaway: no single signal is enough. Connecting evidence across accounts, devices, locations and transactions helps fraud teams uncover the infrastructure behind coordinated fraud and build stronger cases for law enforcement. Read the full article here
FINTECH NEWS
🇺🇸 Incognia launches Real-Time Scam Prevention for financial institutions. The AI tool uses patented location intelligence to detect payment scams before money moves. Its Physical Social Graph alone identified about 70% of scam transactions in one analysis.
🌍 LemFi expands beyond international money transfers with savings, credit and eSIM services. The rebuilt app adds savings accounts and credit in the UK, plus mobile data in over 100 destinations, as LemFi launches its new global brand, “Ambition has no passport.”
🇬🇧 TotallyMoney reaches six million users in the UK. 45% of new users with low credit scores improved their scores within six months, rising to 86% for those starting below 400. The credit app helps users improve their credit status.
PAYMENTS NEWS
🇸🇾 Mastercard launches Mastercard Gateway in Syria for secure digital payments. The platform processes payments across POS and ecommerce channels via Merchant Cloud. It follows the first international card transactions in Syria in over a decade.
🇦🇷 Mastercard launches World Legend in Argentina, debuting The Mastercard Collection benefits platform. Cardholders get access to premium lounges at Ezeiza and Aeroparque airports. Travel assistance covers up to USD 1 million.
🌍 Klarna launches Consumer FX, letting shoppers pay merchants worldwide in their own currency. Merchants can reach 120 million consumers in 26 countries with no new integration. Early results show a 5% lift in conversion and 6% in sales.
🇺🇸 Visa announces enhanced capabilities for trusted business payments. A live pilot with BILL and Billtrust lets trusted AI agents complete approved invoice payments. Visa also introduced SESA 2.0 and Visa Commercial Fraud Solutions for virtual cards.
🌍 OpenFX introduces multi-currency accounts for FinTechs. The offering starts with named USD accounts and access to over 25 local payment rails, allowing businesses to manage cross-border payments and currency conversions through one platform. Additional currencies are planned.
🇮🇱 Nuvei enters the Israeli payments market with a local clearing license. The approval allows merchants, including Shein, Temu and KLM, to process payments locally in Israeli shekels, expanding Nuvei's domestic payment processing capabilities. The move comes as Nuvei prepares for its proposed $2.75 billion combination with Payoneer.
🇻🇪 Thunes expands its Direct Global Network into Venezuela. Members can send instant transfers to millions of Venezuelan bank accounts via Credito Inmediato Interbancario. Remittances to Venezuela reached an estimated US$6 billion in 2025.
🇹🇼 DBS PayLah! users can now scan to pay at Taiwanese merchants via TWQR. More than three million users can pay at over 250,000 participating merchants. Acceptance is expected to cover the full TWQR network in 2027.
🌐 PPRO launches an industry council to develop technical standards for local payments in agentic commerce. Founding members include BLIK, EPI, Bancontact Company and DIAS, focusing on agent identity, authorisation, consent, disputes and refunds. Read more.
DIGITAL BANKING NEWS
🌍 Sokin offers Balance Boosts, letting businesses earn up to 4.15% APY on balances. Customers can lock fixed rates for terms of 60 to 360 days with no fees. The product is only available to business customers with a multi currency account.
🇺🇸 Mercury launches Mercury Payroll for businesses in all 50 states. Customers can run payroll, benefits and tax filings from the Mercury account they already use. The product comes from the team behind Central, which Mercury acquired in April.
🇲🇽 Nu Mexico introduces Score Nu to help users understand their credit. The free monthly feature assigns a score from 0 to 1,000 with improvement tips. Only 30% of surveyed customers know which habits affect their evaluation.
🇷🇴 ING Bank Romania launches 100% online refinancing directly through Home’Bank. Customers can move loans from other lenders into one ING Personal loan. Financing reaches RON 200,000, and 7 in 10 customers pay no review fee.
BLOCKCHAIN/CRYPTO NEWS
🇺🇸 Ripple brings Wall Street into 24/7 stock bets, while HSBC warns orderbooks remain thin. Ripple Prime clients can trade swaps on more than 100 markets using RLUSD as collateral. HSBC called the launch “evolutionary, not revolutionary.”
🇪🇺 OKX launches a unified EUR and EURC order book in Europe. Users can convert EUR to EURC at a 1:1 rate and settle trades in either asset. The setup removes the need to route trades through USD pathways.
PARTNERSHIPS
🇨🇦 Klarna expands its Zoom integration to Canada. Canadians can now pay for Zoom Workplace subscriptions through Klarna in full or in four interest-free installments. The relationship is already live in the U.S., UK, and Europe.
🇬🇧 Airwallex renews and upgrades its partnership with McLaren Racing, becoming its Official AI Finance Partner. Starting in January 2027, the expanded agreement will focus on AI-driven financial operations, while Airwallex continues supporting McLaren's cross-border payments and digital merchandise platform.
🌐 Boost Payment Solutions expands global B2B payments capabilities with Airwallex. Boost's volume processed through Airwallex grew nearly 10x in five months. The integration can onboard international suppliers in as few as two business days.
🌎 Airwallex and OpenTable partner to serve restaurants globally. Launch covers the US and Canada, with Australia and Mexico planned later this year. Airwallex will power reservation deposits and prepaid Experiences for OpenTable restaurants.
🇸🇦 Mastercard partners with Enjaz to expand card products and digital payment experiences in Saudi Arabia. The collaboration will introduce new card offerings for individuals and businesses, targeting expatriates, frequent travellers and high-net-worth customers.
🌐 Sierra and Stripe partner to let AI agents take payments during calls. Customers can talk, pay and get a receipt on the same call. Businesses can connect their Sierra agents to Stripe directly through the Stripe App Marketplace, without custom integrations.
🌐 MoonPay and Dunamu collaborate on global digital asset financial infrastructure. The companies will explore stablecoin payments and corporate treasury use cases. The pact also links MoonPay's network with Dunamu's GIWA blockchain. Read more
🇦🇷 Allaria and Circle partner to expand USDC liquidity and access in Argentina. Allaria Digital will enable eligible participants to access USDC, while Allaria will offer USDC/ARS buy and sell quotes in local markets, aiming to improve liquidity and trading execution.
🇬🇧 Corpay Cross-Border becomes the Official FX Partner of Newcastle United. The multiyear deal delivers FX risk management for the club's daily operations. Its platform will also let the club manage global payments through one access point.
🇸🇩 EdfaPay and GoPravo launch SDPay to expand digital payments in Sudan. The 50/50 joint venture pairs Saudi payment technology with local Sudanese expertise. SDPay will offer QR, POS, online gateways, wallets and remittances. Continue reading
DONEDEAL FUNDING NEWS
🇭🇰 Bain Capital commits up to $250 million to Hong Kong FinTech FundPark. The financing will support FundPark’s lending to e-commerce SMEs as the company expands its financing business.
🇺🇸 VIVA Finance secures a $150 million credit facility from Viola Credit to scale payroll-linked lending. The funding will support VIVA’s growth and expand access to personal loans for consumers underserved by traditional lenders.
🌐 CapitalOS raises $21.9M Series A, helping B2B platforms embed FinTech in days instead of months. LGVP led the round, and CapitalOS uses specialized agents to run underwriting and compliance. Transaction volume has grown 1,000% over 18 months.
🇧🇷 Brazilian FinTech Skedia raises $12.5M in its first months for healthcare providers. Its platform automates stages of the clinic revenue cycle with AI agents. Skedia already manages R$63M in clinical production across about 20 units.
🇧🇴 Tether leads the pre seed round in Bolivian FinTech Peso. The funding supports expanding on and off ramps in Bolivia, Brazil, Colombia and Argentina. Peso already lets Yango users in Bolivia pay for food in USD₮.
🇦🇷 Argentine paytech Rebill closes a $5.4M pre Series A round. The raise takes its total funding past $9M since its 2020 founding. Rebill now operates in Argentina, Brazil, Chile, Colombia, Mexico and the US. Read more
🇮🇹 Rulen raises €1.8 million to automate tax and accounting workflows with AI. VC Partners led the first round for the Italian startup, formerly known as LexSA. The capital will support product development and commercial expansion.
M&A
🌏 Standard Chartered signs definitive agreements to acquire Zodia Custody. The deal will consolidate the bank's digital asset custody businesses within Securities Services. Zodia's software arm will move to Zodia Solutions, a new SC Ventures entity.
🇺🇸 Ramp acquires treasury management platform Vesto. The acquisition brings external bank accounts and Ramp Banking into one view, allowing finance teams to monitor cash positions, analyze transactions and forecast liquidity across accounts.
AI DEVELOPMENTS
🌐 Paddle launches AI Toolkit for managing billing inside AI tools. Developers and their agents can configure pricing and test checkouts from Claude Code, Codex and Cursor. Paddle also announced native Usage-Based Billing. Keep reading
MOVERS AND SHAKERS
🇩🇪 N26 appoints Michael Steen as Chief Communications Officer from January 2027. The former Deutsche Bank communications executive joins as N26 focuses on key European markets and prepares to launch its N26 Aura banking experience.
🇺🇸 Masttro appoints Andrew Peddar as Chief Operating Officer to help scale its wealth offering. Peddar will oversee the company's operations behind its wealth solutions powered by artificial intelligence.
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