July 20, 2026
Cross-border payments just got clearer for people in Brazil, thanks to Itaú Unibanco going live on Swift's new retail framework. Itaú is Brazil's largest private bank, and it is the first institution in the country to switch the framework on. Swift's promise here is refreshingly plain. The full amount you send should arrive, and the
July 20, 2026
Event contracts exchange operator Rothera just went live, and it is aiming straight at Kalshi. The CFTC-regulated venue built its institutional-grade exchange and clearing platform on Adaptive's Aeron Exchange Accelerator, and it did so in under five months. The platform lets Rothera list swaps tied to real-world events, with the 2026 FIFA World Cup named
July 20, 2026
AI liability coverage just became a default feature at Counterpart, not an optional add-on. The specialty insurtech built its business on AI-powered management and professional liability underwriting. Now it is expanding into three new lines, insurance agents, accountants, and real estate professionals, while adding excess coverage across its whole suite. The headline piece, though, is
July 17, 2026
Velocity stablecoin infrastructure just drew money from a bank. Velocity, a London-based stablecoin treasury and settlement platform founded in May 2025, has raised a $38 million Series A co-led by Dragonfly and FirstMark. The participant list is the story. Activant Capital, QED Investors, Wintermute Ventures, Coinbase Ventures, and Ripple sit alongside Capital One Ventures, the
July 17, 2026
Octus MCP Connector is the company's answer to a question every financial data vendor is now facing. Octus, the credit intelligence platform used by financial, legal, and advisory firms tracking distressed debt and private credit, has launched a connector that lets subscribers query its data directly inside Claude, ChatGPT, or any other large language model
July 17, 2026
Feathery AI decisioning just got funded by the people it automates. Feathery, which builds an AI operating and decisioning system for insurance and wealth management firms, has raised $30 million in total funding including a recently closed Series A led by Portage Ventures. The round drew Index Ventures, Clocktower Ventures, and Bain Capital Ventures, alongside
July 16, 2026
Cover Genius has raised $100 million backed by Vista Credit Partners, taking its valuation to $1.9 billion. The detail worth pausing on is who wrote the cheque. Vista Credit Partners is the credit investment arm of Vista Equity Partners, not a venture fund, and it describes itself as a strategic financing partner focused on enterprise
July 16, 2026
CSI Qolo is a deal about what community banks cannot build themselves. CSI, the core banking technology vendor that has spent recent years buying its way into a fuller product stack, has acquired Qolo, a payments infrastructure company that builds real-time ledgers, multi-rail payment orchestration, and card issuing for banks and fintechs. Terms were not
July 15, 2026
Circle Elliptic is a partnership about a problem nobody has solved yet. Elliptic, the digital asset intelligence firm, announced that an affiliate of Circle has joined its Agentic Design Partner Program, a group meant to bring infrastructure providers, compliance teams, and technology leaders together to shape how compliance works for autonomous, AI-driven financial activity. The
July 15, 2026
Greenlight credit union partnerships have crossed a threshold worth reading closely. Greenlight, the family money and safety app, says it has signed more than 100 credit union partners through its Greenlight for Credit Unions program, run out of Greenlight Financial CUSO, the credit union service organization it set up in 2023 specifically to build these
July 15, 2026
Banyan WIZE is a deal about quiet, entrenched software. Banyan Software has completed a majority investment in WIZE, a Geneva-based wealth and asset management software platform serving more than 120 financial institutions across 27 countries, including external asset managers, family offices, private banks, pension funds, and institutional investors. Founded in 2010 and incubated inside TeamWork
July 14, 2026
MSCI UBS private markets is a bet on standardizing an asset class that has resisted it. MSCI and UBS announced a strategic partnership meant to bring more transparency to private markets, pairing MSCI's data and analytics with UBS's alternatives business, which oversees more than $340 billion in combined invested assets across hedge funds, private equity,
