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Financial Infrastructure stories

Portage closes USD $600 million fourth ventures fund
Software-as-a-Service

Portage closes USD $600 million fourth ventures fund

Fresh capital will back fintech startups as banks and insurers speed up digital modernisation, with Portage now overseeing USD $7.0 billion in assets.

By Karen Joy Bacudo • 4 min read • Last week
Giesecke+Devrient says token platform passes 1.4bn
Fintech

Giesecke+Devrient says token platform passes 1.4bn

Banks face rising pressure to keep digital wallet payments running smoothly as token provisioning becomes central to eCommerce and AI commerce.

By Sofiah Nichole Salivio • 4 min read • Last week
dtcpay raises USD $25 million with SBI as investor
Fintech

dtcpay raises USD $25 million with SBI as investor

The funding will help the Singapore payments firm expand regulated stablecoin services and merchant acceptance across Asia and Europe.

By Karen Joy Bacudo • 5 min read • Last week
i-payout expands U.S. licences & eyes European EMI
Gaming

i-payout expands U.S. licences & eyes European EMI

Broader regulation could let enterprise customers send payouts directly in more markets, with i-payout also preparing a European EMI application.

By Karen Joy Bacudo • 4 min read • Last week
Velocity raises USD $10 million extension to Series A
Crypto

Velocity raises USD $10 million extension to Series A

Visa-backed investors have lifted Velocity's Series A to USD $48 million as stablecoin payments gain traction with institutions.

By Karen Joy Bacudo • 4 min read • Last week
Asia eyes digital asset rules as US Senate vote stalls
Crypto

Asia eyes digital asset rules as US Senate vote stalls

Uncertainty in the US could push more digital asset business towards Asia, where Hong Kong and Singapore already have clearer stablecoin rules.

By Karen Joy Bacudo • 5 min read • Last week
KPMG sees AI-driven future for India's finance sector
Data Protection

KPMG sees AI-driven future for India's finance sector

India's banks face a rapid shift towards AI-led operations as digital public infrastructure and data-sharing systems reshape finance.

By Karen Joy Bacudo • 5 min read • Last week
Finmo opens Singapore HQ as TreasuryOS tops USD $1bn
Software-as-a-Service

Finmo opens Singapore HQ as TreasuryOS tops USD $1bn

The Singapore-founded fintech will use the expanded Suntec City base to hire more staff as TreasuryOS moves over USD $1 billion a month.

By Karen Joy Bacudo • 3 min read • This month
From wallets to accounts: The quiet convergence of crypto and everyday finance
Crypto

From wallets to accounts: The quiet convergence of crypto and everyday finance

In emerging markets, users are increasingly treating crypto wallets as everyday money tools, with stablecoins helping fill costly gaps in payments.

By Alvin Kan • 5 min read • This month
xpate launches API money management tool for businesses
Software-as-a-Service

xpate launches API money management tool for businesses

Digital businesses can now manage accounts, transfers and reporting inside existing software, as xpate shifts further into embedded finance.

By Karen Joy Bacudo • 4 min read • This month

Stories from Other Regions

Financial Infrastructure stories

01F Group backs DANA in push into Indonesia fintech
Fintech

01F Group backs DANA in push into Indonesia fintech

Backing for Indonesia's digital payments push gives 01F Group a foothold in a market that could reach USD $1 trillion by 2030.

By Karen Joy Bacudo • 4 min read • Today
Modern Treasury launches non-custodial stablecoin wallets
Financial Systems

Modern Treasury launches non-custodial stablecoin wallets

Early access users can now keep stablecoin balances under their own control as Modern Treasury adds wallets alongside fiat payment rails.

By Karen Joy Bacudo • 4 min read • Last week
EbixCash expands cross-border payments push overseas
Fintech

EbixCash expands cross-border payments push overseas

Regulatory approvals and new clearing links could let the Indian payments group handle a wider share of overseas remittances and trade flows.

By Karen Joy Bacudo • 4 min read • Last week
Britton appointed to Chair UK Open Banking future body
Data Protection

Britton appointed to Chair UK Open Banking future body

The move comes as banks and fintechs shape the next phase of Open Banking, with over 100 billion API calls underscoring the stakes.

By Sofiah Nichole Salivio • 4 min read • This month
Bank of Ireland expands Stripe deal on AI & payments
Software-as-a-Service

Bank of Ireland expands Stripe deal on AI & payments

The bank aims to speed up customer payments and back-office tasks as it deepens use of Stripe's systems across its group.

By Karen Joy Bacudo • 3 min read • This month
Visa launches onchain credit for stablecoin card schemes
Fintech

Visa launches onchain credit for stablecoin card schemes

Liquidity constraints for stablecoin card programmes may ease as Visa links settlement data with onchain lending to improve credit access.

By Karen Joy Bacudo • 4 min read • This month
OpenReserve wins conditional US national bank approval
Crypto

OpenReserve wins conditional US national bank approval

The bank still needs final regulatory clearance before it can open and offer lending, deposits and stablecoin infrastructure to businesses.

By Karen Joy Bacudo • 4 min read • This month
SoFi & Payward link banking with Kraken settlement
Fintech

SoFi & Payward link banking with Kraken settlement

Institutional crypto clients could soon settle US dollars around the clock as SoFi ties its banking network to Kraken and lists SoFiUSD on the exchange.

By Karen Joy Bacudo • 4 min read • This month