Airwallex, a leading global financial platform for modern businesses, today announced the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription management, payment orchestration, and revenue analytics.

Marcus W. Mosen, Chairman of the Supervisory Board of N26, has been appointed as co-CEO of the digital bank. He is set to join the Management Board of N26 SE effective September 1, 2025. In parallel, founders and investors of N26 have proposed former Bundesbank Executive Board member Andreas Dombret as the new Chairman of the Supervisory Board. Dombret’s appointment to the new role will be formalized at an extraordinary general meeting at the beginning of October this year.

Kite, a company building the foundational trust infrastructure for the agentic web, today announced that it has raised $18 million in Series A funding, bringing total cumulative funding to $33 million. The round was led by PayPal Ventures and General Catalyst. Other investors in the company include 8VC, Samsung Next, Alumni Ventures, SBI US Gateway Fund, Vertex Ventures, Dispersion Capital, Avalanche Foundation, GSR Markets, LayerZero, Hashed, HashKey Capital, Animoca Brands, Essence VC, and Alchemy.

Bank of America has named Stephenie Whitfield, Business Banking market executive, president of Bank of America Sarasota/Manatee. She succeeds Erik Vatter, who led the market since 2022 and will focus on his new role of Merrill senior financial advisor.

UK SMEs relying on outdated manual bank transfers as a primary method of payment lost out on an estimated £6.15 billion in sales last year. 

Fiserv, Inc., a leading global provider of payments and financial services technology, has published the Fiserv Small Business Index for August 2025, with the seasonally-adjusted Index holding steady at 149.

Year-over-year sales (+3.9%) and transactions (+3.7%) remained strong, as resilient consumer spending continued. Average ticket sizes (+0.3%) also grew compared to 2024.

Sygnum, a global digital asset banking group, announces the expansion of its Asset Management offerings to Germany and Liechtenstein, marking a significant milestone in the firm’s European growth strategy. The expansion enables institutional and wholesale investors in these markets to access selected parts of Sygnum’s crypto investment solutions. 

Wedbush Securities, a leading provider of securities brokerage, clearing, custody and fintech services, and global Fintech leader Broadridge Financial Solutions, Inc., announced that Broadridge has been selected as Wedbush's strategic technology platform provider as the firm transforms its operations platforms.

MoonPay, the global leader in crypto payments, has announced the launch of Interac e-Transfer® as a new payment method for Canadian customers, making it easier than ever to buy digital assets using one of Canada's most trusted payment networks.

With Interac e-Transfer, MoonPay users in Canada can now seamlessly fund transactions in Canadian dollars directly from their bank accounts, providing a secure, fast, and familiar checkout experience.

Major UK brands with an annual average revenue of over £100M are seeing a positive business impact from deploying embedded finance, according to a new study from NatWest Boxed. Businesses across travel, retail, financial services and utilities have all seen an increase in customer conversion, increased basket size, and repeat purchases. However, brands have rightfully increased their expectations on embedded finance providers in a market with growing demand and diverse supplier archetypes.