rewrite this title Fintech Rundown: A Rapid Review of Weekly News – Finovate

Today is Bastille Day in France, which is also celebrating a World Cup semi-finals match against neighbor and rival Spain. We’ve got one eye on the pitch and the other on the latest fintech headlines. Be sure to check back here at Finovate’s Fintech Rundown all week long for updates!

Digital banking

Flex, a private banking platform for high-net-worth business owners, raises $70 million in funding.

ConnectOne Bank is building on nCino’s Agentic Operating System.

Corning Credit Union replaces weeks-long data requests with self-service search using Tursio.

Shoreline Hometown Credit Union launches Mahalo Banking’s Thoughtful Banking platform.

Stablecoins

Velocity, a stablecoin treasury and settlement platform, secures $38 million in Series A funding.

Stablecoin payment infrastructure company Confirmo unveils Subscribe, recuring payments solution for enterprise billing.

Business financial management

Business spend management innovator Expensify launches consolidated travel billing.

Digital identity

Identity-centric security specialist Entrust launches agentic AI trust accelerator to help businesses and integration partners build an identity and trust infrastructure for autonomous AI projects.

Wealth management

UK-based digital wealth management platform Moneybox announces plans for a secondary share sale at a £800 million valuation.

Payments

Financial software and technology company CSI is acquiring modern treasury solutions and payments infrastructure firm Qolo.

Branch expands earned wage access with new flex model and direct delivery options.

Shift4 and Global Blue launch Shift4 One, an all-in-one payment and tax free shopping solution.

LLM banking

Grasshopper now listed in Anthropic’s MCP directory.

Photo by Yiwen on Unsplash

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