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It’s the first week of summer, and fintech is heating up. We’ll continue adding news to this post throughout the week, so stay tuned!
Payments
Walmart-backed PhonePe prepares for $1.5 billion India IPO.
Nippon Yusen Kabushiki Kaisha (NYK) agrees to acquire salary payments partner Kadmos Holding.
Shift4 to acquire Australian payments company Smartpay.
Digital banking
Finom brings in $133 million (€115 million) for its small business banking platform.
Small business technology
SAP Taulia and PayMate partner to enhance payment flexibility for businesses.
Fraud and security
iDenfy partners with MN2S Label Services to enhance the identity verification process.
Wealth management and financial advisory
AI-driven financial planning and advice platform Quinn emerges from stealth with $11 million in seed funding.
Finovate Best of Show winner Trust & Will launches EstateOS, an intelligent platform for modern legacy planning.
Photo by Nitin Dhumal
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