With new enabling technologies like stablecoins and AI moving quickly and classic fintechs like Mint. com and Dwolla making their exits, it feels like fintech is entering a new era. This is especially true in lending, where new capabilities are enabling ...
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05/22/2026

By Julie Muhn (@julieschicktanz) on 2026/05/22 12:28 -0400

With new enabling technologies like stablecoins and AI moving quickly and classic fintechs like Mint.com and Dwolla making their exits, it feels like fintech is entering a new era. This is especially true in lending, where new capabilities are enabling faster, more efficient, and in many cases more customer friendly tools than we had five years ago.

Looking back at the dawn of the decade, most lending innovation focused on digitizing the application process, facilitating the onboarding...

By Julie Muhn (@julieschicktanz) on 2026/05/21 11:08 -0400

FinovateSpring 2026 may be over, but the demos are just getting started. All 54 videos from the demo stage are now available to watch for free on Finovate.com and the Finovate YouTube channel.

This year’s demos showcased how fintechs are rethinking everything from AI-powered banking and embedded finance to fraud prevention, lending, payments, customer experience, digital identity, and wealth management. Earlier this month in San Diego, fintechs took the stage to deliver Finovate’s...

By David Penn on 2026/05/20 18:25 -0400

In last week's Finovate Weekly newsletter, I shared some thoughts on what fintechs might hope for from President Trump's summit meeting with Chinese president Xi Jinping. While the meeting does not appear to have delivered anything of substance from a fintech or financial services perspective, Trump did sign an Executive Order (EO) shortly after returning from Beijing that actually has plenty for fintechs and financial services companies to think about—if not cheer for.

Let's take a...

By David Penn on 2026/05/20 16:33 -0400
  • Embedded payments infrastructure company NMI has acquired account-to-account (A2A) payment infrastructure innovator Dwolla.
  • The acquisition creates a combined entity that will process nearly $700 billion in annual transaction volume and will fortify NMI's status as a major embedded money movement infrastructure firm.
  • Dwolla has been a Finovate alum since 2011, winning Best of Show honors in its appearances at FinovateSpring 2011 and FinovateSpring 2012.

Embedded payments...

By David Penn on 2026/05/19 15:10 -0400

Eisen, a fintech that specializes in end-to-end escheatment and unclaimed property compliance automation, has secured $18.5 million in funding. The capital comes in the form of a $10 million Series A led by MissionOG and a previously unannounced $8.5 seed round led by Index Ventures. Cowboy Ventures, First Round Capital, Homebrew, and Restive Ventures also participated in the investment.

Eisen innovates in an often-overlooked area of financial services: escheatment and the recovery of...

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