- Rain has launched Rewards, a program that allows stablecoin card issuers to offer branded loyalty programs with points, travel rewards, and statement credits directly within their own apps.
- The offering builds on Rain's 2025 acquisition of rewards platform Uptop and is another example of fintech infrastructure providers expanding beyond payments into adjacent services like loyalty, identity, fraud prevention, and treasury management.
- As stablecoin card programs mature, providers are...
- Global payout orchestration platform MassPay has announced a strategic partnership with cryptocurrency exchange Coinbase.
- The partnership will combine MassPay's global payout network with Coinbase's infrastructure and institutional-grade security of digital assets.
- Coinbase was founded in 2012 by Brian Armstrong. The company made its Finovate debut at FinovateSpring 2014.
International payout orchestration platform MassPay and cryptocurrency exchange Coinbase have teamed...
Canadian fintech KOHO has raised C$130 million in new funding, boosting the company's valuation to C$1.33 billion and earning the firm unicorn status. The Series E investment provides KOHO with the initial capital base it requires to secure a federal banking license, and boosts KOHO's total capital raised to $507 million.
The round featured participation from both new and existing investors. Among the former were Mubadala, the Abu Dhabi-based sovereign investor, and Savano Capital, an...
After rumors swirled last week about Nuvei's plans to acquire Payoneer, the deal has been made official this week. Nuvei has agreed to acquire the global payments solutions company for $2.75 billion to bolster its payments infrastructure. There's plenty of other fintech news to catch up on this week, so we’ll continue to add more announcements as the week progresses.
Digital banking
CorTrust Bank selects Jack Henry to provide for local communities with competitive, flexible...
This week's edition of Finovate Global features recent fintech developments from Egypt.
MNT-Halan Achieves $1.4 Billion Valuation with Latest Investment
An investment from Al Ahly Capital, the investment arm of the National Bank of Egypt, has boosted the valuation of Egyptian fintech MNT-Halan to $1.4 billion. The investment represents the first closing of a new round for the firm; a second closing is expected as part of the ongoing funding. Reports indicate that the company has...
