Ripple, the leader in enterprise blockchain and crypto solutions, today announced it has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million. With this deal, Ripple and Rail will deliver the most comprehensive stablecoin payments solution available in the market.
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Wagestream, the market leader in workplace finance and wellbeing, has announced advancements to its Workplace Loans product. These developments, supported by the £300 million debt financing secured from Citi in April, directly address the issue of inaccessible credit, and reinforce Wagestream’s commitment to providing fair financial services to the everyday worker.
Taxbit, the enterprise-grade tax and accounting compliance platform for digital assets, has partnered with Mural Pay to deploy a payments module that allows any company to integrate stablecoin payments - including invoice generation and tracking - into their day-to-day operations and accurately meet their financial reporting and tax filing requirements.
Thredd, the leading next-generation global payments processor, today announced its partnership with Ontop, the all-in-one global payroll and financial platform helping companies hire, pay, and empower remote talent across 150+ countries. The collaboration will give Ontop’s global workforce and clients a faster, more flexible, and modern way to access and use their earnings, delivering a more frictionless payroll and payments experience.
Thread Bancorp, Inc. and Thread Bank today announced the appointment of Marty Miracle as Chief Digital Officer, further reinforcing Thread’s commitment to digital transformation and technology-driven growth. In this executive role, Miracle will lead the development and execution of Thread’s digital strategy, building on its strong foundation of embedded, business, and personal banking solutions.
Marex Group plc, the diversified global financial services platform, today announces a collaboration with Brevan Howard Digital to utilize Kinexys by J.P. Morgan’s Kinexys Digital Payments in order to reduce settlement risk and facilitate more efficient payments.
Finzly, a leader in modern, API-first payment infrastructure, announced its preparation to support stablecoin and tokenized deposits —adding to its platform that already supports Fedwire, RTP, FedNow, ACH, SWIFT, and cross-border rails.
Finsus, a leading Mexican fintech platform providing banking services to people and SMEs, has acquired the technology of Anticipa, a merchant cash advance platform.
Anticipa is a fintech platform specialised in advancing future flows of card sales to businesses, addressing the main barrier to SME growth: operating liquidity. Its digital product complements Finsus’ vision to provide SMEs with digital-first financial solutions that can help them to grow.
Genesis Global today announced the appointment of James Harrison as CEO, succeeding his fellow co-founder Stephen Murphy, who is stepping down after ten successful years heading the firm. Genesis delivers software and solutions for financial markets developed on its robust, AI-native application development platform.
Empower Finance, Inc., a leader in cash flow underwriting and a pioneer in financial product innovation, today announced that it has rebranded to Tilt. The new brand identity signals the company's evolution toward a broader suite of cash and credit products—and a deeper commitment to expanding reliable access to fair credit around the world.