Welcome to Today’s FinTech Weekly Roundup your go-to source for the latest developments in financial technology. As FinTech continues to redefine the way we bank, invest, insure, and manage money, staying ahead of fast-moving trends is essential for professionals and businesses alike. In today’s roundup, we bring you the most impactful updates across digital banking, blockchain, payments innovation, regtech, and more plus insights from thought leaders shaping the future of finance.
QED Expands in U.K. & Europe, Adds Enrique Hausmann
QED Investors, a leading global fintech venture capital firm, announced the hiring of Enrique Hausmann as a principal, based in London. Bringing an extensive background in venture capital and fintech, Hausmann will work alongside QED Partner, Head of U.K. and Europe, Yusuf Özdalga to focus on early stage investments across Europe.
Finastra Launches Modern ACH Solution for US Banks
Finastra, a global leader in financial services software, has announced the launch of its modern ACH payment solution, marking a major milestone in the U.S. market. With this release, Finastra becomes one of the key providers supporting all U.S. payment clearings including ACH, wires, and real-time payments through its unified payment hub, Global PAYplus.
Intention.ly Launches Client Portal & Mobile App
Intention.ly, the leading growth engine for financial services firms, has officially launched its custom-built client portal, now available on the web as well as iOS and Android. This new platform marks a major milestone in the consultancy’s mission to set the standard for client experience across the financial services industry.
WUSD Cross-Chain Bridging Launches on Stargate Finance
Worldwide Stablecoin Payment Network (WSPN) has taken another major step forward in its mission to strengthen stablecoin infrastructure with the launch of WUSD cross-chain bridging on Stargate Finance. With this development, WUSD holders can now move seamlessly across multiple blockchain networks using Stargate’s trusted infrastructure, unlocking greater accessibility and utility for the stablecoin. Through the Stargate Finance bridge, available at stargate.
Onex Partners to Acquire Integrated Specialty Coverages
Onex Corporation announced that the Onex Partners Opportunities Fund has agreed to acquire Integrated Specialty Coverages (“ISC”), a tech-enabled insurance platform specializing in underwriting and distribution, from KKR. The investment will be made alongside the Public Sector Pension Investment Board (PSP Investments), Ardian (via its Co-Investment strategy), and other leading institutional partners. ISC’s management team and employees will continue to hold significant ownership in the company following the transaction.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com