In a move aimed at streamlining one of the most fragmented areas of investment management, Bloomberg and Clearwater Analytics have announced a strategic partnership to deliver a unified, front-to-back investment operations platform.
Moment, a New York-based fintech startup, has raised $36 million in Series B funding to modernize the way financial institutions handle bonds, credit products, and everything in between. The round was led by Index Ventures, with big-name backers Andreessen Horowitz, Lightspeed, Venrock, Neo, and Contrary Capital also in the mix. This latest infusion brings Moment’s total funding to $56 million.
Payfinia, a fintech firm known for its open payments framework, is teaming up with Early Warning Services (EWS) to bring Paze, a tokenized online checkout solution, to more financial institutions. The move kicks off with Star One Credit Union—one of the nation’s largest credit unions—as the first to onboard Paze through Payfinia’s infrastructure.
Lyft is sweetening the ride for its drivers—literally and digitally. In a move to enhance driver perks and engagement, the ride-hailing giant has partnered with digital gifting platform Prezzee to roll out a new, mobile-first rewards experience powered by eGift cards.
Wells Fargo Technology Banking is beefing up its Chicago office with two strategic hires, signaling its most significant talent investment in 25 years and doubling down on support for innovation-driven companies across the Midwest and beyond. It’s a calculated move to align with surging demand for tech-forward financial services—and to plant a firm flag in one of the U.S.’s most vibrant (and sometimes overlooked) tech ecosystems.
Paysafe is doubling down on Latin America with the launch of its first digital wallet in the region, evolving its popular Peruvian eCash brand, PagoEfectivo, into a full-fledged wallet app. The move positions the NYSE-listed payments platform (PSFE) to ride Peru’s fast-growing digital payment wave, where trust in traditional cash alternatives is high—and appetite for mobile-first solutions is rising.
Banks may be tightening their digital vaults, but the doors to their third-party vendors are wide open. That’s the unsettling takeaway from Black Kite’s latest report, 2025 State of Financial Services: Hidden Dangers in the Vendor Ecosystem. While direct ransomware attacks on financial institutions are declining, the report finds attackers are increasingly exploiting security gaps among vendors—giving threat actors a backdoor into the financial sector.
DailyPay, the fintech making paychecks more flexible, has appointed Snap Chief Financial Officer Derek Andersen to its board of directors, effective June 27, 2025. The move signals the company’s continued evolution from a buzzy earned wage access startup to a serious contender in the enterprise HR-tech space—now armed with veteran financial firepower from one of tech’s biggest players.
Finix Brings Full-Stack Payments to WooCommerce, No Developer Needed In a significant push to democratize payment infrastructure for small businesses and e-commerce entrepreneurs, Finix has officially launched a WooCommerce plugin that allows merchants in the U.S. and Canada to accept payments with minimal setup—and zero coding skills required. For WooCommerce store owners—who power over 28%…
In a significant consolidation of enterprise-grade blockchain tech, Adhara and ioBuilders have merged to form what may now be the world’s most advanced independent provider of blockchain-based financial infrastructure for banks and capital markets. Headquartered in London, the new company is already profitable, with over 120 employees, operations in four continents, and annual revenues in the double-digit millions—a rarity in the blockchain-for-banks space.
