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.
SquaredFinancial Launches Referral Program with $1,000 Rewards
Technology-driven trading platform SquaredFinancial has rolled out a brand-new referral program designed to fuel client growth, boost trading activity, and deliver added value to its global trading community. With its advanced technology and client-first approach, SquaredFinancial continues to set itself apart by not only driving higher customer retention but also helping clients maximize their revenue all while ensuring a seamless, rewarding experience.
Black Dragon Capital Backs FinTechs for Credit Union Growth
Black Dragon Capital℠ (“Black Dragon”) a multi-phased global investment partner which focuses on advanced technology that addresses the most significant issues industries face has invested in two financial solutions that can help credit unions drive innovation and eliminate obsolete infrastructure: Open Banking Solutions and PayOnward. The newly formed credit union limited partner advisory board has approved an investment by Black Dragon into two companies addressing the critical needs of the credit union and community based financial institution market. For too long, we believe that credit unions and other community based financial institutions were limited in their ability to execute their strategy due to outdated, inflexible and costly vendors that seem more interested in punitive contract terms, and a divisive relationship than success for credit unions. There have also seen several new entrants with little experience in enterprise processing or payments that have delivered failed conversions, severe reputational damage and event fines against well meaning institutions. These two investments are intended to put an end to this and put credit unions on their rightful path of collaboration, and success with partners who are experienced in delivering success in these critical areas.
Definite Secures $10M to Build AI-Native Data Stack
Definite, a full-stack AI-native data platform, announced a $10 million seed round led by Costanoa, with participation from Acrew Capital and strategic angels. The funding will accelerate product development and go-to-market hiring as Definite scales adoption among enterprises. Most companies juggle a costly mix of tools: a warehouse like Snowflake, an ETL service like Fivetran, and a business intelligence platform like Looker. Definite replaces that stack with an AI-native platform that combines a secure data lake, pipelines, and dashboards. Enterprises can connect their tools and get answers in minutes. It’s 10× faster and 10× cheaper than stitching together traditional products that demand a full data team.
Relcu Secures Funding to Build AI System for Finance
Relcu, the all-in-one Unified CRM and AI Agent Co-Pilot built for financial services, announced it has raised new funding with participation from both new and existing investors, including Menlo Ventures, Detroit Venture Partners, Clocktower Ventures, MUFG Innovation Partners, Commerce Ventures, and Valley Ventures. The capital will accelerate Relcu’s mission to help financial institutions boost customer conversion, strengthen retention, and expand cross-sell by transforming static systems of record into AI-powered systems of action.
Blockchain.com Welcomes Flynn & Edmond to Board
Blockchain.com has announced the appointment of two highly respected leaders, Timothy P. Flynn and Landon Edmond, to its Board of Directors, effective today. With their addition, the Board now expands to nine members, bringing even more depth and expertise to the team guiding Blockchain.com’s future. Flynn, former CEO of KPMG LLP and past Board Director at J.P. Morgan, brings more than four decades of experience in governance, risk management, and financial services. Edmond, Chief Legal Officer at Klaviyo, is a seasoned legal strategist with deep expertise in compliance, licensing, and guiding fast-growing technology companies.
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