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Please find another week of fintech news, financings and exits below.

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Funding 💸

Highlights below of deals since the last post in the fintech space across the UK & Europe. Deal data powered by Dealroom.

🇪🇺 Cashflow management startup Sibill raised a €12m Series A from Creandum and Keen Venture Partners.

🇪🇺 Insurtech Orus raised a €25m Series B from Notion Capital, Redstone and Singular.

🇬🇧 Car finance fintech Carmoola raised a £300m asset-backed debt facility from NatWest and Chenavari.

🇬🇧 B2B lender Finom raised a €115m Series C from NorthZone, General Catalyst, Atlantic Vantage Point, Headline and Cogito Capital.

🌍 Consumer credit platform Spinwheel raised $30m.

₿ Digital Asset, the company behind the Canton Network, raised a $135m round from major Wall Street and crypto firms.

Challenger Banking 🚀

🇬🇧 Zopa has launched a current account in the UK.

🇬🇧 Starling is exploring US expansion by either acquisition of licence application.

🇬🇧 Chase has launched a credit card in the UK.

🇬🇧 Neobank Revolut acquires Argentinian lender Cetelem.

🌍 AI accounting platform Digits has added AI agents to its offering.

🌍 Wealthtech Wealthfront is planning for an IPO. Spend management provider Navan has filed for an IPO.

🌍 US bill pay provider Melio is to be acquired by accounting firm Xero for $2.5bn.

🌍 Fintech SoFi is adding crypto services and remittances powered by blockchains.

Digital Assets ₿

🇪🇺 Crypto exchange Coinbase has secured a MiCA licence in Luxembourg.

🇪🇺 Crypto exchange OKX has launched a regulated crypto exchange in Europe.

🇬🇧 Neobank Revolut is exploring launching its own stablecoin.

🌍 Financial technology provider Fiserv is to launch a stablecoin for financial institutions.

🌍 Crypto exchange Kraken has launched a financial super app as well as bitcoin staking. It also secured a MiCA license in Ireland.

🌍 Crypto exchange OKX is considering a US IPO.

Traditional Banking 🏦

🇪🇺 Bank of Ireland has launched a kids account.

🇪🇺 Santander is to sell 7 of its US branches to Community Bank.

🇪🇺 BBVA has launched a digital retail bank in Germany.

🇬🇧 Barclays has blocked crypto purchases for its Barclaycard credit card.

🌍 JP Morgan has launched fixed income investing products for its retail clients with its Self-Directed investing platform.

🌍 Goldman Sachs has expanded the availability of its AI assistant across the company.

Fintech Infrastructure 🚧

🇬🇧 BaaS solution Boxed, owned by NatWest, signed Saga as a customer.

🇬🇧 BaaS bank Griffin signed wealthtech Prosper as a client for its savings accounts.

🌍 Open banking provider Ozone API has joined Plaid's Gateway Partner Program.

🌍 Envestnet is selling open banking data provider Yodlee.

Payments 💰

🇪🇺The European Payments Alliance (EuroPA) and the European Payments Initiative (EPI) are joining forces to push for EU payment sovereignty.

🇪🇺 Payment processor Silverflow has launched a cloud-native payment acquiring platform for Europe with Deutsche Bank.

🇪🇺 Klarna has become a payment option with Google Pay in the US.

🇪🇺 Shares in payment processor Worldline fell off a cliff over allegations of fraud.

🌍 Payment provider Shift4 is to acquire Australian counterpart Smartpay.

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See you next week!