Grow Financial Federal Credit Union has gone live with real-time payment Receive capabilities, allowing members to instantly access funds 24/7 via The Clearing House’s RTP® network and the Federal Reserve’s FedNow® Service. The credit union is also rolling out Send functionality targeted for early summer, further enhancing money movement for its members.
Fairway Capital Management announced that its Private Equity & Venture Capital Opportunities Fund achieved a net asset value (NAV) increase of 1.64% in the quarter ended March 31, 2025. The Fund has demonstrated strong performance over multiple time horizons, providing investors with balanced exposure to private equity, private credit, and venture capital investments.
AdvisorEngine®, a leading provider of an end-to-end wealth management platform, announced its integration with TradePMR, a custodian services provider for independent registered investment advisors (RIAs). The news was unveiled at TradePMR’s SYNERGY25 conference, marking a significant step in enhancing how advisory firms manage portfolios and engage clients through connected technology.
Velocity, a fintech startup founded by industry veterans Tom Greenwood and Eric Queathem, has emerged from stealth with a $10 million pre-seed funding round led by Activant Capital. The company unveiled its core product — the Stablecoin Payment Account — designed to modernize how enterprises manage money across banks, blockchains, and borders.
CloudWalk, the Brazilian fintech behind InfinitePay and Jim.com, has been awarded the Fraud Prevention Certification by the Brazilian National Confederation of Financial Institutions (CNF). This recognition highlights CloudWalk’s leading role in fighting financial fraud through a combination of AI innovation and operational excellence.
Conduit, a cross-border payments platform powered by stablecoins, announced the closing of a $36 million Series A funding round. Co-led by Dragonfly and Altos Ventures, the round included participation from Sound Ventures, Commerce Ventures, DCG, Circle Ventures, and existing backers Helios Digital Ventures and Portage Ventures.
Beehive, the MENA region’s premier digital SME lending platform, has reached a major milestone by underwriting over USD 1 billion in SME funding. This achievement comes on the heels of a USD 140 million structured funding agreement with institutional partners, positioning Beehive to significantly expand its lending capacity across the region.
Palla, a leading international payments platform enabling instant cross-border transfers for financial institutions and fintech firms, has announced a successful $14.5 million Series A funding round. The round was led by Revolution Ventures, with participation from notable investors including Y Combinator, Ardent, Cowboy Ventures, and others.
Chargebacks911, a global leader in chargeback prevention and dispute management, has appointed Donald Kossmann as its new Chief Technology Officer (CTO). Kossmann, a highly esteemed AI and data systems pioneer, brings decades of innovation leadership from Microsoft and academia to advance Chargebacks911’s mission: transforming the post-transaction payments ecosystem through AI.
DataVisor, a global leader in AI-powered fraud and risk management, has released its 2025 Executive Report, revealing a rapidly intensifying fraud environment. The report highlights how fraudsters are now outpacing institutions in deploying cutting-edge tools like generative AI, emphasizing an urgent need for organizations to shift strategies and adopt modern, unified approaches to fraud and AML (Anti-Money Laundering) defense.
