This week's edition of Finovate Global looks at recent fintech headlines from India. CRED raises $900 million in round led by Meta CRED, a membership-based, credit rewards platform that offers solutions across payments, lending, insurance, wealth, and ...
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06/27/2026

By David Penn on 2026/06/26 17:33 -0400

This week's edition of Finovate Global looks at recent fintech headlines from India.


CRED raises $900 million in round led by Meta

CRED, a membership-based, credit rewards platform that offers solutions across payments, lending, insurance, wealth, and lifestyle, has secured $900 million in Series H funding. The round was led by Meta, and will be structured through a combination of primary and secondary share purchases. Meta will join the CRED cap table as a minority investor;...

By David Penn on 2026/06/25 15:59 -0400

How is innovation in blockchain technology, specifically the growing interest in stablecoins and tokenized deposits, creating ways for banks and financial services companies to offer new services, engage current customers better, and introduce new potential revenue sources?

Steven Ramirez, CEO of Beyond the Arc, caught up with Chris Nichols, President of Institutional Banking at SouthState Bank, earlier this year at FinovateSpring 2026 in San Diego. At the conference, Nichols gave a...

By David Penn on 2026/06/25 14:05 -0400
  • TransUnion UK announced the availability of its Modelled Income Assessment solution this week.
  • The new offering sits inside the company's Affordability Report and helps lenders make income estimates to guide affordability decisions.
  • TransUnion's new solution comes at a time of greater volatility in consumer incomes, making it more challenging for lenders who require accurate income data.

A new solution from TransUnion UK will help lenders make affordability decisions with...

By David Penn on 2026/06/24 14:06 -0400
  • Entrust has unveiled its Entrust Biometric Authentication solution to help organizations defend, high-risk, “moments of truth” in the customer lifecycle, such as account onboarding and device transfer, from fraud and financial crime.
  • These high-risk moments are increasingly the targets of choice by AI-powered fraud threats including presentation, injection, and deepfake attacks.
  • Headquartered in Minneapolis, Minnesota, Entrust is an alum of Finovate's developer conference,...
By David Penn on 2026/06/23 16:13 -0400

For our latest installment of Finovate First-Timers, a new series profiling companies that recently made their debuts on the Finovate stage, we catch up with Marco Ma, Co-Founder and CEO of Ventus AI. Ventus AI helps banks personalize every touchpoint across the customer journey, boosting engagement, lifetime value, and assets under management.

The company's technology transforms raw transaction data into a cross-categorized behavioral intelligence layer that spans more than 3,000...

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