The United States Treasury Department announced today that digital stock brokerage app Robinhood will build the brokerage platform and serve as the initial trustee for Trump Accounts, the new custodial-style Individual Retirement Accounts for ...
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04/06/2026

By Julie Muhn (@julieschicktanz) on 2026/04/06 18:21 -0400
  • The US Treasury tapped Robinhood and BNY to power and manage Trump Accounts, the new government-backed, tax-deferred investment program for children seeded with $1,000 at birth.
  • The platform will be fully white-labeled and operated by the Treasury, with Robinhood providing the technology, UX, education, and customer support behind the scenes.
  • The deal marks a strategic shift for Robinhood from consumer brokerage to infrastructure provider.

The United States Treasury...

By David Penn on 2026/04/06 15:55 -0400
  • ASN Bank has forged a strategic technology partnership with core banking platform provider Ohpen.
  • Ohpen will deliver an integrated SaaS platform that provides mortgage origination, servicing, and credit management.
  • Founded in 2009, Ohpen made its Finovate debut at FinovateFall 2012 in New York. Matthijs Aler is CEO.

Netherlands-based ASN Bank announced a strategic technology partnership with cloud-native core banking platform Ohpen. The partnership will support the financial...

By Julie Muhn (@julieschicktanz) on 2026/04/06 13:38 -0400

The Finovate Awards are back, which means nominations for 2026 are officially open! Each year, the Finovate Awards recognize the companies, financial institutions, and individuals pushing the boundaries of financial services. The program highlights the newest tools, solutions, and ideas shaping how money moves, grows, and is managed.

Today, we’re unveiling the full list of 31 award categories for 2026, including several new additions.

Whether you’re building, partnering, or...

By David Penn on 2026/04/06 13:13 -0400

Welcome to Q2! We're looking forward to first-looks at how fintechs are faring in 2026, especially with regard to investment trends. For now, we're seeing new C-suite leadership in digital banking, partnerships in insurtech, and a new fintech that is leveraging stablecoins for cross-border payments. Be sure to check back here at Finovate's Fintech Rundown in the days to come for the latest fintech news headlines.


Digital banking

nCino introduces new Chief Revenue Officer Keith...

By Julie Muhn (@julieschicktanz) on 2026/04/03 10:12 -0400
  • SoFi is entering commercial banking with a 24/7 model that combines fiat accounts, crypto rails, and its own tokenized deposit, SoFiUSD, to enable real-time money movement.
  • The company is taking a “stablecoin sandwich” approach, converting fiat to SoFiUSD and back again to enable instant settlement while keeping deposits on its balance sheet.
  • SoFi is positioning itself between banks and fintechs, aiming to deliver the speed of crypto-native players and the trust of a regulated...
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