06/16/2026
By David Penn on 2026/06/16 14:44 -0400
- ACI Worldwide has joined the European Payments Initiative (EPI) and will integrate EPI's Wero wallet into its Payments Orchestration Platform.
- The integration will enable merchants and financial intermediaries across Europe to offer Wero as a payment option at a time when instant payments are growing in popularity.
- Founded in 1975 and headquartered in Nebraska, ACI Worldwide has been a Finovate alum since 2011. Thomas Warsop is CEO.
International paytech ACI Worldwide has ...
By Julie Muhn (@julieschicktanz) on 2026/06/16 14:27 -0400
- SumUp has expanded into Canada, its 38th market, bringing its payment acceptance tools to a country where small businesses account for 98% of all businesses.
- Canadian merchants will gain access to the SumUp Go card reader for in-person payments and Payment Links for accepting online payments without specialized hardware.
- The launch reflects SumUp's broader strategy of evolving from a card reader provider into a full commerce platform as competition for small business merchants...
By Julie Muhn (@julieschicktanz) on 2026/06/15 19:54 -0400
- 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...
By David Penn on 2026/06/15 18:47 -0400
- 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...
By David Penn on 2026/06/15 18:15 -0400
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...
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