Business financial management platform Coast raised $35 million in new growth equity funding this week. The investment brings the company's total funding to just under $226 million. The round was led by Thomvest Ventures, with participation from new ...
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10/23/2026

By Julie Muhn (@julieschicktanz) on 2026/10/23 09:38 -0400
  • Business financial management platform Coast raised $35 million in growth equity funding, bringing its total funding to nearly $226 million.
  • Coast will use the funding to expand its financial platform for trade and service businesses, invest in AI-powered expense automation and accounts payable tools, and grow its customer base.
  • Coast's expansion reflects a broader trend among business fintechs, including Gusto and Ramp, to offer more comprehensive financial services and deepen...
By Julie Muhn (@julieschicktanz) on 2026/10/22 10:51 -0400
  • SoFi has launched SoFi Earn (SOFIE), a bank-issued tokenized deposit that offers consumers 4.40% APY and FDIC insurance eligibility.
  • Customers can convert SOFIE deposits into SoFiUSD stablecoins at a one-to-one ratio to purchase cryptocurrency or transfer funds over blockchain networks.
  • The launch comes a day after the OCC finalized rules implementing the GENIUS Act, which restricts stablecoin issuers from paying yield, positioning tokenized deposits as an interest-bearing...
By Julie Muhn (@julieschicktanz) on 2026/10/21 16:44 -0400
  • Checkout.com is expanding into in-person payments after 14 years of focusing exclusively on online payments, responding to growing merchant demand.
  • The company is partnering with European payments platform Mollie to combine Mollie's payment terminals and point-of-sale technology with Checkout.com's acquiring infrastructure.
  • Checkout.com's new hardware-agnostic offering will initially launch in the UK and EEA, followed by the US, with additional markets and capabilities planned for...
By Madeline Clines on 2026/10/21 11:24 -0400

FinovateSpring 2027 takes place in San Diego on May 3 through May 5. Register to attend by November 6 and save up to $600.

FinovateSpring is where the industry comes to see what’s next, and often sees it first. For demo companies, it’s an opportunity to put their technology in front of the people who matter and demonstrate what it can do, who it’s for, and why it matters. In just seven minutes on fintech’s biggest stage, companies can make a lasting impression and open the...

By Julie Muhn (@julieschicktanz) on 2026/10/20 16:15 -0400
  • CRB Group, the parent company of Cross River Bank, has agreed to acquire customer loyalty platform Accrue for an undisclosed amount.
  • The acquisition will integrate Accrue's branded wallet technology into Cross River's banking infrastructure, enabling merchants to offer payments, rewards, stored value, and loyalty capabilities in a single experience.
  • The deal reflects the growing convergence of payments and loyalty, helping brands deepen customer relationships and keep more financial...
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