Аsia
dLocal gains key licenses in UAE, Turkey, and Philippines
IBS Intelligence, Posted June 20, 2025
dLocal, a cross-border payments platform, has acquired critical financial licenses in the United Arab Emirates, Turkey, and the Philippines.
dLocal’s global regulatory framework significantly expands its capacity to enable seamless, secure, and compliant cross-border transactions across high-growth regions.
These new licenses underscore dLocal’s strategic vision to deepen its footprint in key markets and reinforce its position as a trusted, future-ready payments infrastructure provider for global enterprises operating in complex regulatory environments.
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Aspora raises $93m to simplify banking for global Indians
IBS Intelligence, Posted June 5, 2025
Aspora, a cross-border FinTech company formerly known as Vance, has raised $53 million in a series B funding round co-led by Sequoia and Greylock.
The firm announced it has raised a total of $93 million across three funding rounds, marking a pivotal milestone in its mission to modernise cross-border financial services and empower non-resident Indians (NRIs) worldwide.
At its core, Aspora is a comprehensive, borderless financial platform, from international transfers to cross-market banking, investment access, credit products, and tailored insurance offerings, Aspora is creating a banking system that fits the real-life needs of Indians living abroad.
Volution to raise $130m to grow its global business
IBS Intelligence, Posted June 20, 2025
FinVolution Group, an AI-powered FinTech platform operating in China, Indonesia, and the Philippines, has plans to raise $130 million through a private offering of convertible senior Notes, which will mature in 2030.
The offering will be made to qualified institutional investors and is subject to market conditions and standard closing procedures.
As part of its growth agenda, FinVolution also plans to grant initial purchasers an option to acquire up to an additional $20 million in Notes. This move underscores the Company’s commitment to long-term innovation, market leadership, and value creation for its ecosystem of stakeholders.
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Puma And Adyen Showcase The Speed And Flexibility Of Unified Commerce
Marketing in Asia, Posted June 18, 2025
Retail’s Big Show APAC (NRF 2025 APAC), world’s leading sports brand Puma and global financial technology platform Adyen shared how their strategic partnership is transforming retail operations and customer experiences across Asia Pacific and beyond.
From flagship stores to high-pressure, high-volume environments like Formula 1 events, Puma is leveraging Adyen’s unified commerce platform to deliver fast, frictionless, and flexible customer experiences—online, offline, and everywhere in between.
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Europe
Peymo launches AI-driven hybrid banking platform to unify finance tools
IBS Intelligence, Posted June 16, 2025
Peymo Ltd, a UK-based FinTech has launched the world’s first AI-powered multi-hybrid bank. This digital finance platform seamlessly integrates fiat banking, crypto wallets, tokenised assets and embedded finance in one unified system.
Built on proprietary modular architecture, the platform lets users manage GBP, EUR, crypto assets and branded debit cards in one place, while enterprises can plug in full banking functions through simple APIs.
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Payrails raises $32m Series A to help global enterprises maximise payment performance
IBS Intelligence, Posted June 13, 2025
Payrails, a global payment software company, has raised $32 million in Series A funding to enable enterprises to take control of their payment operations.
The fresh funding will accelerate product innovation, expand the product roadmap, and support commercial growth across EMEA to meet surging enterprise demand. The round was led by HV Capital’s Growth Fund, with strong participation from all existing investors EQT Ventures, General Catalyst, and Andreessen Horowitz, bringing total funding raised to over $52.8 million.
With the continued backing of leading technology investors, Payrails is strengthening its position as a category-defining payment platform for large enterprises.
Stripe rolls out 15 new features to boost France’s digital economy
Stripe, Posted June 17, 2025
Stripe, the programmable financial services company, today showcased over 15 updates for French businesses, many of which leverage AI and stablecoins. These announcements were made at Stripe Tour Paris, the company’s annual conference in France, which brought together 500 founders, developers, and enterprise leaders.
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Revolut Will Soon Launch Its AI Financial Assistant, UK CEO Says
Bloomberg, Posted June 17, 2025
The firm is still experimenting with the technology, but “will go live shortly,” Francesca Carlesi, Revolut’s UK chief executive officer, said in an interview with Francine Lacqua at a Bloomberg New Voices event in Milan. Revolut has said that using more AI tools to help customers with their finances is a key goal for 2025.
Carlesi said fierce competition was boosting the fintech industry, while leading to convergence between new players and established banks. “Fintech is not any more about new small startups starting to attempt to do something. Right now, we have big fintech, we have scale-ups. They are operating peer-to-peer and the same level with big incumbents,” she said.
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USA
Western Union Partners with Zūm Rails to support real-time cross-border remittances
IBS Intelligence, Posted June 18, 2025
Zūm Rails has partnered with Western Union to support fast and efficient money movement between Canada and 200 countries and territories worldwide.
Integrating Zūm Rails APIs into Western Union’s network enables the company to drive the real-time movement of funds for Western Union customers using Interac eTransfer. With Interac eTransfer, customers can instantly fund their money transfers in Canada and then send the money to anywhere in the world.
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Bank expands embedded payments suite to power efficient, secure transactions
U.S. Bank, Posted June 17, 2025
With the bank’s risk, security and compliance expertise, U.S. Bank Embedded Payment Solutions allow companies to embed payment capabilities into existing platforms
MINNEAPOLIS – U.S. Bank has unveiled an expanded suite of embedded payment solutions, offering businesses across industries a powerful way to integrate efficient, secure payment capabilities directly into their existing systems.
are built for websites, apps, enterprise systems and fintech integrations to enable companies to deliver fast, simple and secure payment experiences for customers, employees and suppliers.
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Sezzle sues Shopify for alleged “unfair” privileging of its own buy-now, pay-later feature
BetaKit, Posted June 13, 2025
Buy-now, pay-later (BNPL) platform Sezzle is suing Shopify for allegedly violating United States (US) antitrust laws by “manipulating” customers to use the e-commerce giant’s own BNPL software, causing competitors to lose out on sales.
The lawsuit claims Shopify “copied” Sezzle’s BNPL product and business model by rolling out Shop Pay Installments.
The lawsuit, which was filed June 9 in the U.S. District Court for the District of Minnesota, claims that Shopify is engaging in “monopolistic and anticompetitive business practices in order to stifle competition” for BPNL services on its e-commerce platform. It alleges the company used its market power to favour its own BNPL service for merchants, crowding out competitors such as Minneapolis, Minn.-based Sezzle.
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Matera, Circle tie up to support stablecoin-ready financial platform
Retail Banker, Posted June 12, 2025
Matera, a financial technology provider, has reached a commercial alliance with Circle, the issuer of the USDC stablecoin.
The collaboration establishes a native integration between Matera’s real-time banking infrastructure and USDC, a fully reserved digital dollar.
The agreement enables interoperability between local currency accounts and USDC through Matera’s Digital Twin real-time ledger platform.
This integration allows financial institutions to offer accounts with multiple currencies, including the Brazilian Real (BRL), US Dollar (USD), and USDC.
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LatAm
International Fintech, Posted June 17, 2025
Ebury launches Ebury Connect to deliver digitally integrated services and drive SMEs’ cross-border growth
Ebury, the global financial services firm specialising in international payments and collections, foreign exchange risk management solutions, and business lending, have launched Ebury Connect, a new business unit aiming to increase the efficiency with which companies benefit from Ebury’s products.
Ebury Connect provides an integrated infrastructure that enhances efficiency, scalability, and cash flow control, designed for the needs of corporates (B2B) and fintech partners (B2B2C).
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PPRO, Posted June 16, 2025
PPRO, the leading local payments platform, today announced the launch of Pix Automático on the PPRO platform, on day one of the Central Bank of Brazil’s live rollout.
This newest enhancement to Brazil’s instant payment system, Pix, offers consumers an effortless and cost-effective way to manage recurring payments, by enabling seamless cross-regional recurring transactions.
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inDrive Launches Seamless Pix Payments via Open Finance for Ride-Hailing in Brazil
CityBiz, Posted June 4, 2025
With technology provided by Belvo, the new feature – an innovation in the Brazilian Ride Hailing and Delivery landscapes – brings an integrated, peer to peer, safe and effortless digital payment option into the inDrive app.
inDrive, a global mobility and urban services platform operating across 48 countries, has introduced seamless Pix via Open Finance payments for its ride-hailing and delivery services in Brazil.
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Automatico Debut Opens Brazil’s Recurring Payments Market to Millions
PYMNTS, Posted June 16, 2025
Brazil’s financial landscape has been dramatically reshaped by Pix, the instant payment system that has stood at the forefront of the nation’s drive toward broader financial inclusion, empowering millions who previously relied solely on physical cash to enter the formal economy. Since its launch, Pix has brought more than 17 million Brazilians into the financial system.
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Nubank launches Automated Pix with smart bill search
Nubank, Posted June 16, 2025
Nubank announces the launch of Automated Pix, a new option to pay recurring bills with convenience and security, available to customers starting June 16. The new feature will be accompanied by the ‘Search Upcoming Bills’ feature, which will give customers complete freedom to choose how and when to pay – whether fully automatically or in a facilitated manner, with alerts and simple one-click approvals directly in the app.
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