Galaxy Digital Seeks OCC Charter to Bridge Crypto and Federal Oversight
Mike Novogratz's Galaxy Digital has applied for a national trust charter, signaling a strategic shift toward institutional legitimacy and a unified federal regulatory framework.
All stories tagged fintech on VentureGrill.
Mike Novogratz's Galaxy Digital has applied for a national trust charter, signaling a strategic shift toward institutional legitimacy and a unified federal regulatory framework.
Nigeria-focused payments platform Opay failed to begin trading on its expected New York debut following a $304 million initial public offering priced at the floor.
Private equity heavyweights CD&R and GTCR have mounted a $40 billion joint buyout bid for card processing giant Global Payments.
Canadian banking giant CIBC has gone live on Thought Machine's core banking platform, confirming its role as the strategic investor behind a previous 30 million pound capital injection.
CapitalOS has closed a $21.9 million Series A round, aiming to provide a unified money orchestration layer for B2B platforms, simplifying complex financial operations for businesses.
New Bank for International Settlements research shows fintechs like Wise and Remitly outperforming traditional banks and stablecoins on cross-border payments, cementing software-driven unit economics over nascent crypto rails.
New York-based fintech startup Coast has locked down $35 million in fresh funding to expand its specialized payment infrastructure targeting the physical economy.
Minneapolis-based Slingshot Insurance has emerged from stealth with a massive seed round to automate the high-volume, low-margin world of checkout-based coverage.
London-based programmable banking startup Hyperlayer has raised £19.5 million at a £195 million valuation, backing its middleware approach to legacy replacement.
Global fintech investment fell to $10.6 billion in the third quarter of 2026, marking a sharp decline as venture capitalists prioritize profitability over growth-at-all-costs models.
Corporate spend management fintech Ramp has applied for a national trust bank charter from the OCC, signaling a strategic move toward greater regulatory control and potential balance sheet involvement. This follows a significant $1.85 billion funding round and comes amid broader
The postponement of India's UPI merchant fees highlights the ongoing tension between scaling digital payment networks and achieving sustainable fintech monetization.
Venture capital deployment across Latin America climbed 26 percent in the third quarter, signaling renewed appetite from cross-border institutional allocators.
A surge in direct-to-consumer advance loan apps is drawing fire from regulators as data reveals 95% of transactions include hidden fees or 'tips' that inflate borrowing costs.
The OCC and CFPB are escalating investigations into account termination policies at major US lenders, signaling a shift in the regulatory climate for the banking sector.
Silverton Partners leads a $10 million Series A in Chariot Claims, backing programmatic consumer arbitration against recurring corporate billing practices.
With backing from Pantera Capital and leadership from Point72 and Securitize veterans, Fission is building secondary market infrastructure for the expanding asset tokenization sector.
Fintech platform Ramp has achieved a $60 billion valuation, driven by significant revenue growth and a strategic pivot deeper into AI, signaling strong investor conviction in the sector's evolution.
Mike Cagney's newest venture, Navra, has secured $19 million to bridge blockchain infrastructure and real-world financial assets.
Thirty-eight companies achieved unicorn status in September, according to Crunchbase, with semiconductors, fintech, and space technology leading the surge, indicating concentrated investor interest in specific, high-growth sectors.
Crypto exchange Kraken's parent company, Payward, is set to acquire Lithuania-based Saldo Bank, marking a significant move for a digital asset firm to gain a regulated banking license in Europe and offer traditional financial services.
Credit card and lending fintech Upgrade has formally applied for an industrial loan company charter in Nevada, tapping veteran regulatory leadership to secure direct deposit capabilities.
Causa Prima has raised $20 million led by Base10, betting that autonomous AI agents can resolve the friction of B2B billing disputes.
Open banking network TrueLayer has pulled in $27 million led by CDP Venture Capital to scale its account-to-account payment infrastructure across Europe.
Stablecoin payments orchestration platform Anyflo has officially launched, kicking off operations by acquiring bitcoin lending platform Native.
Mortgage software startup Vesta has pulled in a $30 million financing round led by Conversion Capital, signaling continued enterprise appetite for vertical AI agents.
Anchorage Digital's acquisition of Routable signals a strategic move to integrate stablecoin issuance and custody with multi-currency payout distribution, enhancing its institutional digital asset offering.
Portfolio optimization fintech Capitolis has closed a $220 million Series E equity financing round to fund its acquisition of eSecLending, scaling its market footprint.
The rapid rise and 96% collapse of memecoin trading volumes on Robinhood Chain highlights the persistent risks of speculative retail liquidity in the digital asset market.
Modern Treasury and Rain are seeking national trust bank charters from the OCC, navigating federal oversight amid intense legal challenges from community banking trade groups.
Payments giant Stripe has acquired embedded finance startup Parafin to bolster its small business lending infrastructure and expand merchant capital offerings.
Personal finance platform Monarch has acquired digital banking fintech HMBradley, marking a strategic consolidation in the crowded wealth management software space.
NG.Cash has closed a $15 million financing round to expand its youth-focused financial super-app, targeting credit and crypto adoption across Latin America.
Homeward’s nine-figure raise signals a shift in real estate venture capital toward platforms that bridge the gap between high mortgage rates and frozen housing inventory.
Capital markets infrastructure provider Capitolis has acquired eSecLending in a $200 million all-cash transaction to expand its balance sheet optimization capabilities into securities lending.
Trading Technologies, a portfolio company of Thoma Bravo and 7Ridge, has acquired TRAFiX, an equities trading platform, signaling continued consolidation in financial technology infrastructure driven by private equity.
Corporate card and expense management platform Jeeves has pulled in a $110 million injection to scale its stablecoin-native banking architecture for multinational enterprises.
Valley National Bank's $340 million acquisition of fintech Bluevine highlights the ongoing convergence of regional banking and digital-first credit platforms, bringing $2.1 billion in deposits.
Federal authorities have frozen accounts tied to Capstone, escalating regulatory pressure on the banking channels supporting stablecoin giant Tether.
Payment intelligence firm IPID secures $16 million in Series A funding from banking giants Citi and HSBC, signaling a major industry shift toward standardized identity verification in cross-border settlements.