This Week in Fintech: TFT Bi-Weekly News Roundup 08/08

This Week in Fintech: TFT Bi-Weekly News Roundup 08/08

The Fintech Times Bi-Weekly News Roundup takes a take a look at the latest fintech tales from across the world on Friday 8 August 2025.

Industry hires

Mark Trenavin-Body has develop into a non-executive board director of the social lender Fair for You. He is presently CFO at St Edmundsbury and Ipswich Diocesan Multi Academy Trust, in addition to being a trustee of nationwide youth charity EmployabilityUK and on the board of advisors of fintech GFA Exchange. Fair for You just lately launched a new Shopping Card mortgage, giving even more clients freedom to purchase important gadgets.

Genesis Global has appointed James Harrison as CEO, succeeding his fellow co-founder Stephen Murphy, who’s stepping down after 10 years. Genesis delivers software program and options for monetary markets developed on its sturdy, AI-native software improvement platform. Its shoppers embrace Bank of America, BNY, Citi, ING, Marex, Neptune Networks, Octaura and StoneX.

Global fintech platform Pine Labs has launched Sameer Kamath as its next chief monetary officer. Kamath will probably be chargeable for the global finance technique, accounting, investor relations and offering monetary management across the Pine Labs group. He was most just lately the group CFO at Avendus Capital.

Insurtech Send Technology Solutions has named Laura Wathen as chief monetary officer to help its worldwide growth in addition to assist information the corporate by way of the next section of strategic progress. She was most just lately CFO at fintech platform Funding Xchange. At Send, Wathen will lead Send’s monetary operations, orchestrating investor relations, capital technique in addition to the implementation of scalable monetary infrastructure.

Triodos Bank plans to nominate Suzanne Schilder as chief transformation officer and Barbara van Duijn as chief data officer, increasing its government board. The CIO function replaces the COO place, with Nico Kronemeijer stepping down. Jacco Minnaar is ready for reappointment as chief industrial officer. Appointments will probably be confirmed at an EGM on 26 September.

More hires

Thread Bancorp, a FDIC-insured financial institution, has appointed Marty Miracle as chief digital officer to guide its technology technique and digital transformation. Miracle, previously CTO, CISO and chief AI officer at Sutton Bank, will oversee engineering, infrastructure and cybersecurity, with a deal with scaling Thread’s embedded banking platform and delivering safe, compliant and API-first banking options.

Seccl, the Octopus-owned embedded funding platform, has appointed Jonathan Dees as UK CEO, topic to regulatory approval. Dees, beforehand interim MD and former Octopus Investments COO, succeeds David Ferguson, who turns into government chair to deal with technique and European growth. Seccl powers portfolios for over 300,000 buyers and continues to scale quickly.

Funding and investments

Casap, a US-based AI-powered disputes automation and fraud prevention platform, has raised $25million in Series A funding led by Emergence Capital, with participation from Lightspeed Venture Partners, Primary Venture Partners and SoFi. The spherical, a document for the cost disputes class, brings whole funding to $33.5million and can help product growth, hiring and scaling first-party fraud prevention instruments.

Tether has acquired a stake in Bit2Me, the Spain-based digital asset platform, turning into the main backer of an funding spherical anticipated to whole €30million. The deal, led by Tether Ventures, will help Bit2Me’s EU and Latin American growth following its latest EU regulatory licence, bolstering its function in Spanish-speaking crypto markets.

Rillet, an AI-native ERP platform for finance groups, has raised $70million in Series B funding co-led by Andreessen Horowitz and ICONIQ, bringing whole funding to over $100million in a 12 months. Founded by former N26 executives, Rillet goals to switch legacy accounting methods with AI-driven instruments that reduce shut instances and streamline operations.

Brazil-based shopper fintech NG.CASH has raised $26.5million in Series B funding led by NEA, with participation also from Quantum Light, Monashees, Andreessen Horowitz, Endeavor Catalyst, 17Sigma and Daphni. Serving over three million energetic accounts, NG.CASH will use the funds to develop merchandise including stablecoin accounts and context-driven underwriting.

Capitolis, a fintech serving to banks and buyers optimise stability sheets and entry diversified capital, has raised $56million from Barclays, BNP Paribas, J.P. Morgan and VC backers. Earlier buyers also embrace Citi, Morgan Stanley, State Street and UBS. The funds will speed up progress in its capital market and portfolio optimisation companies.

Partnerships and collaborations

Standard Chartered Bank (Hong Kong) has fashioned Anchorpoint Financial with Animoca Brands and HKT to pursue a Hong Kong stablecoin issuer licence under the new Stablecoins Ordinance. The three way partnership builds on the companions’ participation within the HKMA’s Stablecoin Issuer Sandbox and goals to advance licensed stablecoin adoption in funds and monetary markets.

UK-based funds agency Boodil has partnered with South Africa’s Transaction Junction to supply Shopify e-commerce retailers in South Africa and Sub-Saharan Africa with enhanced cost options. The collaboration combines Boodil’s e-commerce technology with Transaction Junction’s regional experience, providing help for playing cards, digital wallets, Pay by Bank and local cost strategies.

Seychelles-based crypto trade and Web3 agency Bitget, which serves over 120 million customers in 150+ nations, has launched a Visa and Mastercard payout function enabling immediate conversion of crypto such as bitcoin and ether into fiat in 140+ currencies. The transfer is a part of Bitget’s technique to spice up fiat entry and bridge digital belongings with on a regular basis funds.

MetaMask, the Consensys-owned self-custodial Web3 pockets, has built-in the Sei Layer-1 blockchain, enabling customers to entry Sei-based dapps, tokens and NFTs immediately within the pockets. The transfer expands MetaMask’s supported networks to 11 and connects it to Sei’s rising EVM ecosystem, which data about $600m TVL, 4.2 million daily transactions and 11 million month-to-month energetic customers.

More partnerships

One Inc, a US funds community for the insurance coverage trade, has partnered with core property and casualty (P&C) insurance coverage platform supplier INTX to combine its PremiumPay and ClaimsPay options into INTX’s administration system. The collaboration goals to digitalise payouts, reduce paper checks, and increase operational effectivity for insurers and policyholders.

Payment processing platform Solidgate has partnered with monetary crime prevention agency Salv to watch all transactions on its global treasury platform in real time. The collaboration goals to assist Solidgate detect suspicious exercise, meet compliance necessities, in addition to help safe, scalable funds for digital companies worldwide.

M&A

Ripple has agreed to accumulate stablecoin funds platform Rail for $200million to develop its digital asset funds providing. Rail’s digital accounts and back-office infrastructure will complement Ripple’s licensed funds community, enhancing stablecoin pay-ins and payouts, liquidity, and 24/7 global coverage. The deal is predicted to shut in This fall 2025, pending regulatory approval.

Germany’s Deutsche WertpapierService Bank (dwpbank) has agreed to accumulate Berlin-based fintech lemon.markets, including its brokerage-as-a-service platform to dwpbank’s full-custody providing. Lemon.markets will stay an impartial subsidiary, with its administration workforce in place. The deal, topic to BaFin approval, is predicted to shut by autumn 2025.

Mexican fintech Finsus has acquired service provider money advance platform Anticipa to develop its SME providing with financing secured against card gross sales. The totally digital product will supply advances from $150,000 MXN to handle liquidity challenges confronted by over 5 million SMEs in Mexico, a market the place card funds are rising at double-digit charges.

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