Welcome to Today’s FinTech Daily 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.
Evernorth Launches $1 Billion XRP Treasury for Institutions
Evernorth Holdings Inc., a newly formed Nevada corporation, has officially launched to expand XRP adoption on an institutional scale. The company also announced a business combination agreement with Armada Acquisition Corp II , a publicly traded special purpose acquisition company. Once the deal closes, the merged entity will operate under the Evernorth name and trade on Nasdaq under the ticker symbol XRPN.
Better Launches AI-Powered Wholesale HELOC & CES Platform
Better Home & Finance Holding Company , a leader in AI-native home finance, unveiled its Wholesale HELOC and CES Platform powered by Tinman AI. This new platform allows mortgage brokers to offer both Home Equity Lines of Credit (HELOC) and Closed-End Second (CES) loans through a single, streamlined application process. Originators can quickly price variable and fixed-rate loans ranging from $50,000 to $500,000, giving them more flexibility and efficiency.
U.S. Firms Boost Embedded Finance for Growth & Retention
Mid- to large-scale companies are increasing their investments in embedded banking and payment tools to strengthen customer and employee relationships, boost brand value and fuel bottom-line growth. According to a new study commissioned by Green Dot Corporation and conducted by PYMNTS.com, the vast majority (94%) of enterprises plan to increase their investments in embedded finance, with three out of four planning to increase investments in the next 12 months. Companies are focused on enhancing banking (80%) and payments (72%) capabilities as well as adding new payroll (61%) and investing (57%) tools and features. The findings are featured in a new report, “Embedded Finance as a Strategic Initiative,” which published today and features more insights from the study.
Certuity Appoints Giuliano Celle to Lead Institutional Wealth
Certuity, a multi-family office serving high-net-worth and ultra-high-net-worth individuals and families, has announced the appointment of Giuliano Celle as Managing Director, Head of Institutional Wealth. Giuliano brings more than 20 years of global financial services experience spanning wealth management, investment banking, venture capital, and private equity. He will be based in New York City, where he will play a lead role in serving ultra-high-net-worth and multi-national families, along with building Certuity’s institutional platform. His mandate includes broadening the firm’s institutional wealth capabilities, strengthening access to private market and direct deal opportunities, deepening strategic relationships with anchor families, and advancing Certuity’s position as a trusted partner for sophisticated clients globally.
IRALOGIX Appoints Susan Canavari as CMO
IRALOGIX, the retirement industry’s leading fintech provider, announced the appointment of Susan Canavari as Chief Marketing Officer, a newly created executive role designed to drive the company’s next phase of growth and market expansion.
To share your insights with the FinTech Newsroom, please write to us at sudipto@intentamplify.com