Apple and Google Wallets are evolving beyond payments into the default destination for loyalty cards, tickets, and credentials.  Mobile wallets are now a persistent, always-on customer interface, creating an opportunity for businesses to engage customers on a surface they already use daily.

Badge has raised $17.1 million from leading fintech investors to unlock the potential of mobile wallets and accelerate adoption across enterprise brands and platforms.

Milo, a financial technology company and pioneer in crypto lending, today announced it has originated over $100 million in crypto mortgages, representing significant growth in institutional and high net worth adoption of digital asset based financing. The milestone includes the company's largest single transaction to date, a $12 million crypto mortgage.

DailyPay, the leading On-Demand Pay platform and financial wellness solution, today announced the closing of a $200 million upsizing of its secured credit facility, increasing total committed capacity to $960 million.

The expanded facility supports the sustained growth of DailyPay's On-Demand Pay platform, which gives employees access to their earned pay while helping employers modernize how they engage and retain their workforce.

Fluz, a fintech company founded in 2018 that provides consumer and business finance solutions, today announced the launch of Fluz Platform, marking the company’s expansion into the embedded finance market.

The new platform brings Fluz’s payment infrastructure directly into software products, elevating payments to seamless, modern in-product experiences.

Wayflyer, the leading working-capital provider for fast-growing small businesses, has secured a $250 million, two-year credit facility with ATLAS SP Partners (“ATLAS”), the warehouse finance and securitized products business majority owned by Apollo funds.

Jump, a leading provider of artificial intelligence (AI) solutions for financial advisors and other financial services providers, today announced the close of an $80 million Series B funding round led by global software investor Insight Partners.

Avantos, an artificial intelligence (“AI”)-native operating system built to reimagine how financial institutions onboard and service clients, today announced it has completed a $25 million Series A funding round led by preeminent technology and software investment firm Bessemer Venture Partners ("Bessemer"). The round also attracted new strategic investors, including The Guardian Life Insurance Company of America® (“Guardian”), SEI® and Vanguard.

Mastercard and Google are collaborating to further enhance the availability and usage of Google Pay in the Kingdom of Saudi Arabia. The recently launched Google Pay gives consumers a simple, secure and convenient way to make payments using their Android smartphones.

Visa today announced that it has entered into a definitive agreement to acquire Prisma Medios de Pago S.A.U. and Newpay S.A.U. in Argentina from Advent International. This strategic acquisition underscores Visa’s commitment to providing clients with the advanced capabilities and technologies that accelerate the adoption of innovative payment solutions for consumers and businesses across the country.