Payment infrastructure fintech Stripe has agreed to acquire embedded finance platform Parafin. The move comes about a month after the California-based company acquired legal infrastructure startup Clerky, marking Stripe's third acquisition this year and ...
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10/02/2026

By Julie Muhn (@julieschicktanz) on 2026/10/02 00:48 -0400
  • Stripe has agreed to acquire embedded finance platform Parafin, marking its third acquisition of 2026 and 24th overall.
  • Parafin brings embedded credit and risk capabilities that have helped more than 60,000 small businesses access capital through platforms including DoorDash, Gusto, Jobber, and Mindbody.
  • The acquisition advances Stripe beyond its payments roots, expanding the infrastructure platforms can use to become more comprehensive financial hubs for their business...
By David Penn on 2026/10/01 18:17 -0400

For years the discourse on technological innovation in banking and financial services favored the fintechs. But is it possible that the ones best positioned to take advantage of the biggest technological revolution in decades—artificial intelligence—aren't bold, new fintech startups, but are instead banks and credit unions?

In this fascinating conversation with Rob Rooney, Co-Founder and CEO of Hyperlayer, we discuss what banks and credit unions can do to overcome the disadvantages...

By David Penn on 2026/10/01 16:26 -0400
  • EquiTrust Life Insurance Company has announced a strategic partnership with life and annuity platform Sureify.
  • EquiTrust will deploy Sureify's CoreCONNECT platform to connect its core systems via a single integration layer that facilitates efficient movement of data internally.
  • Headquartered in San Jose, California, Sureify made its Finovate debut at FinovateSpring 2014.

EquiTrust Life Insurance Company announced a strategic partnership with life and annuity platform ...

By David Penn on 2026/09/30 16:28 -0400
  • SME digital banking platform Bluevine has agreed to be acquired by Valley National Bank for $340 million in cash and stock.
  • The acquisition will help Valley expand its small business franchise and accelerate its digital and AI strategy.
  • Bluevine was founded in 2013. Headquartered in Jersey City, New Jersey, the company made its Finovate debut at FinovateFall 2014.

Small business digital banking platform Bluevine has agreed to be acquired by Valley National Bank...

By David Penn on 2026/09/29 19:01 -0400
  • Digital banking development platform Plumery launched its DBP Rescue Plan this week to help banks and other financial institutions migrate away from banking platforms that no longer serve their needs.
  • The offering includes a specialist migration team, migration tooling and playbooks, as well as a Proof of Migration framework that allows institutions to test the migration before committing to it.
  • Headquartered in Amsterdam, Plumery made its Finovate debut at FinovateEurope 2025 in...
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