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Capital One Strikes $5.2B Deal to Acquire Brex

Capital One Strikes $5.2B Deal to Acquire Brex

Hey FinTech Fanatic! Greetings from Santa Monica ☀️ A snowstorm rerouted my NYC flight, so I accidentally extended my stay in California. Tragic, I know. There are definitely worse places to be “stuck” than the LA sunshine 😉 Unexpected bonus: Los Angeles is buzzing with FinTech right now. Big shoutout to Seth

PayPal Moves Fast Into AI Commerce with Cymbio Acquisition

PayPal Moves Fast Into AI Commerce with Cymbio Acquisition

Hey FinTech Fanatic! PayPal is acquiring Cymbio to accelerate its agentic commerce strategy. Cymbio helps merchants make their product catalogs discoverable across AI-powered surfaces like Microsoft Copilot and Perplexity. Checkout stays with PayPal. Merchants remain the merchant of record. Customer relationships stay intact. This is a distribution play for

Airwallex Acquires Paynuri to Deepen Its Global Payments Infrastructure

Airwallex Acquires Paynuri to Deepen Its Global Payments Infrastructure

Hi FinTech Fanatic, Greetings from LA! Los Angeles is the next stop on my US trip, connecting with some great people from the FinTech industry. I really enjoyed San Francisco this week. Without taking anything away from all the great people I met there, I do want to highlight Shack

Stream Raises $90M as Workplace Finance Scales across the UK and US

Stream Raises $90M as Workplace Finance Scales across the UK and US

Hey FinTech Fanatic! Stream just raised a $90M Series D to scale its workplace finance platform and expand further into the US. The round was led by Sofina. Total funding now sits at $228M. Stream plugs directly into the employer's payroll. The big push? Pensions. After acquiring Zippen,

Sinpex Raises €10M as KYB Becomes Mission-Critical Ahead of Europe’s AML Reset

Sinpex Raises €10M as KYB Becomes Mission-Critical Ahead of Europe’s AML Reset

Hey FinTech Fanatic! Sinpex just raised a €10M Series A to scale its AI-powered KYB automation platform. Europe prepares for a much stricter AML regime coming into force in 2027. The platform unifies the full KYB lifecycle, from onboarding and UBO identification to ongoing reviews and audit-ready reporting.

PhotonPay Secures U.S. MTL License as Its Global Payments Strategy Comes Together

PhotonPay Secures U.S. MTL License as Its Global Payments Strategy Comes Together

Hey FinTech Fanatic! PhotonPay just secured a U.S. Money Transmitter License, a key regulatory milestone that anchors its long-term expansion across the Americas. The approval strengthens PhotonPay’s ability to offer compliant payment and funds transfer services under one of the most demanding regulatory regimes globally. This comes

Revolut Moves Into Employer of Record, Setting Up a Direct Challenge to Deel

Revolut Moves Into Employer of Record, Setting Up a Direct Challenge to Deel

Hey FinTech Fanatic! Revolut is getting close to launching GlobalHire, its Employer of Record service, with a standalone app expected to go live soon. GlobalHire will allow companies to hire talent in 160 countries without setting up local entities. Revolut acts as the legal employer, handling payroll, benefits, tax, and