Bankers are tired of the binary choice between clunky legacy cores and the risky leap to entirely new tech stacks. Enter Stratum, a newly commercialized SaaS platform from Mascoma Technologies, that promises to help financial institutions modernize without blowing up their infrastructure—or their budgets.
In a move that reflects the growing convergence of fintech and insurtech, Algebrik AI has inked a partnership with TruStage™ to embed lending protection products—think GAP coverage, credit insurance, and mechanical repair plans—directly into its AI-driven Loan Origination System (LOS). The result? A more seamless lending experience where borrowers can opt for protection at the exact moment they’re signing on the dotted line.
Legal tech player CARET just handed the reins to Jay Kuhlman, a seasoned SaaS executive with a track record of scaling operations and driving sustained growth. The appointment signals a sharpened focus on innovation and market expansion in the highly competitive world of practice management and integrated payments for midsize law firms.
Digital Asset, the firm behind the Canton Network, has raised $135 million in a strategic funding round led by DRW Venture Capital and Tradeweb Markets. The round saw significant participation from top-tier financial institutions and crypto-native players, including Goldman Sachs, Circle Ventures, Citadel Securities, DTCC, Paxos, Polychain Capital, and BNP Paribas.
In the latest sign that institutional DeFi is more than a buzzword, Blueprint Finance has raised $9.5 million in fresh capital to double down on its multi-chain infrastructure ambitions. The round was led by Polychain Capital, with backing from heavyweights like Yzi Labs (formerly Binance Labs), VanEck, and BitGo.
As financial institutions face increasing pressure to modernize aging infrastructure and meet global resiliency mandates, ACI Worldwide (NASDAQ: ACIW) is beefing up its cloud-native payments platform, ACI Connetic, with a deeper stack of strategic technology partners.
In a move to meet the rising demand from institutional investors navigating an increasingly volatile crypto market, Zinemx Exchange has launched options trading—unlocking a new layer of flexibility and sophistication for crypto derivatives traders.
With U.S. consumer liabilities skyrocketing past $19.5 trillion, the systems that manage our financial lives are long overdue for an upgrade. Spinwheel, a fast-rising player in real-time credit data and payments infrastructure, just raised a $30 million Series A to do exactly that—bring clarity, speed, and AI smarts to a system groaning under decades of legacy tech.
In a strategic talent and tech acquisition play, Fundbox, a leader in embedded capital solutions for small businesses, is welcoming the founding team of Vaya Technologies to drive its next wave of product innovation.
In a bold step toward mainstreaming stablecoin adoption, Mastercard and Fiserv are expanding their partnership to integrate FIUSD, Fiserv’s blockchain-based token, across Mastercard’s global payments network. The collaboration aims to unlock real-world use cases for stablecoins—bringing programmable digital currency to more than 150 million merchants worldwide.
