Brex, the intelligent finance platform, today announced that it has secured its Payment Institution (PI) license in the European Union, via the Netherlands. This marks a significant step in Brex's mission to serve high-growth businesses across key international markets where they currently operate.

Sygnum, a global digital asset banking group, today announces a variety of accessible custody, trading, and lending solutions for layer-one cryptocurrency, SUI, broadening access for professional and institutional clients to the Sui ecosystem. Sygnum’s regulated product portfolio and bank-grade infrastructure provides Sui with a trusted gateway to tap into the accelerating inflows from financial institutions, banks, asset managers and High Net Worth Individuals (HNWI).

NG.CASH, a consumer fintech platform built to serve Brazil’s digital-first generation, has announced the close of a $26.5 million Series B funding round. The investment was led by New Enterprise Associates (NEA) with participation from Quantum Light, the innovation-focused fund launched by Revolut founder Nikolay Storonsky, Monashees, Andreessen Horowitz (a16z), Endeavor Catalyst, 17Sigma, founded by Ualá founder Pierpaolo Barbieri who is also joining the board, and Daphni.

Payroc today announced the acquisition of Agilisa Technologies, an API-centric payment gateway headquartered in Santo Domingo, Dominican Republic. This strategic move strengthens Payroc's position as a global leader in payment processing delivering unparalleled value to our merchants and partners.

Credit Sesame, one of the first platforms to provide consumers free and ongoing access to their full credit information and profile, is partnering with Green Dot Corporation to power and enhance its Sesame Cash smart digital banking service designed to help customers grow their savings. Leveraging Green Dot’s embedded finance platform, Arc, Credit Sesame will offer users access to FDIC-insured demand deposit accounts (DDAs) at launch.

Clip, Mexico's leading digital commerce platform, has introduced its new device, Clip Ultra. It joins the company's suite of point-of-sale terminals, offering special features for all types of businesses across the country.

Maybank, Malaysia’s leading financial services group, has entered into a strategic partnership with Microsoft, to accelerate its digital transformation journey and reinforce its commitment in enhancing customer experience. This will see Maybank embracing the power of Microsoft’s collaboration suite, cloud, AI, and security capabilities to drive customer centricity, enhance operational agility, and foster a culture of continued innovation.

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.

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.