09/03/2026
By David Penn on 2026/09/02 17:08 -0400
- Cross-border money transfer and top-up firm Félix Pago (Félix) has raised $200 million in combined equity and debt funding.
- The equity component, in the amount of $87 million, was led by Andreessen Horowitz. The General Catalyst Customer Value Fund provided a $113 million credit facility.
- Félix will use the funding to scale its existing remittance business and to support the expansion of its product suite to include lending and savings. The Miami, Florida-based company made its...
By Julie Muhn (@julieschicktanz) on 2026/09/02 16:13 -0400
- Tyfone is acquiring ATTUNE to add consumer and business account opening, deposit funding, loan origination, and servicing capabilities to its digital banking platform.
- The deal gives Tyfone a role earlier in the customer lifecycle, allowing it to support financial institutions from acquisition and onboarding through lending, payments, servicing, and ongoing digital banking.
- The acquisition advances Tyfone’s evolution into a broader end-to-end banking technology provider, building...
By David Penn on 2026/09/01 16:03 -0400
UK-based lending technology provider Lenvi has unveiled its new automated loan verification software, ALVIN, designed to combat fraud risks such as double pledging. The launch follows a series of high-profile fraud cases involving MFS, Tricolor, and First Brands Group.
Double pledging takes place when a borrower uses the same asset as collateral to secure multiple loans from different lenders simultaneously—without informing the lenders that the collateral has already been pledged as...
By Julie Muhn (@julieschicktanz) on 2026/09/01 15:15 -0400
- SettleMint has partnered with Ripple to integrate Ripple Custody into its Digital Asset Lifecycle Platform (DALP), bringing custody, issuance, compliance, settlement, and servicing together on one platform.
- The partnership expands Ripple’s institutional digital asset footprint while strengthening SettleMint’s ability to offer financial institutions an end-to-end platform for managing tokenized assets.
- The tie-up reflects tokenization’s shift from experimentation to...
By David Penn on 2026/08/31 20:06 -0400
- MeridianLink announced its acquisition of financial wellness platform Credit Mountain. Financial terms were not disclosed.
- The acquisition will help MeridianLink launch its Pathway solution, which helps community financial institutions provide declined borrowers with a personalized pathway to loan approval.
- Credit Mountain won Best of Show in its Finovate debut at FinovateFall 2024 in New York.
As FinovateFall 2026 approaches, we're sharing news from FinovateFall alumni to...
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