TransferMate, the world’s leading provider of embedded B2B payments infrastructure as a service (IaaS), today announced TransferMate Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) license.

Visa, a global leader in digital payments, announced that applications are open for the fifth cohort (Cohort 5) of its Visa Africa Fintech Accelerator, a 12-week intensive program designed to help startups fast-track their growth and impact. Fintechs with a minimum viable product (MVP) or a market-ready solution based in Africa are invited to apply before August 15.

OakNorth, the leading digital bank for entrepreneurs, by entrepreneurs, has provided a £5m loan to Noble Insurance Group, the integrated network of specialist insurance intermediaries across multiple classes.

Global payroll and HR company, Deel, has been granted an Australian Financial Services Licence (AFSL) by the Australian Securities and Investments Commission (ASIC). Deel is one of the first global HR companies to be granted this licence, which enables it to offer regulated financial services through its Australian entity.

Shiga Digital (https://Shiga.io), a rapidly growing blockchain-based fintech company, is transforming how African businesses access modern financial services. Today, the company announced the launch of its new Android and iOS apps, expanding access to its end-to-end digital finance platform for businesses and individuals across the continent.

Uzum, Uzbekistan’s leading digital ecosystem, has secured nearly $70 million in equity financing from Tencent and VR Capital, with participation from FinSight Ventures – a U.S. fund focused on AI, fintech and super-app investments, and lead investor in Uzum’s first equity round completed in March 2024.

XS.com, the global leader in multi-asset brokerage and global markets liquidity services, today announced its partnership with technology provider Centroid Solutions. This collaboration integrates Centroid into XS.com’s liquidity distribution network, expanding access to XS.com’s premium liquidity services for institutional investors and retail brokers worldwide.

Blue J, a leading GenAI tax research platform, today announced it has raised $122 million in U.S. dollars in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners, and previous investors Ten Coves Capital and CPA.com. Coming seven months after Blue J’s Series C round, this investment signals a clear market consensus that Blue J is the breakout winner in its category.

Apiture, a leading provider of digital banking solutions, has been named a 2025 Finovate Awards finalist in the Best SMB/SME Banking Solution category. The Finovate Awards recognize the financial institutions and companies driving fintech innovation forward and the individuals bringing new ideas to life.

TOA Labs, a technology-driven market-making firm, and Argamon, a trusted institutional digital asset platform, have announced a strategic partnership set to redefine standards for institutional crypto trading and liquidity.

LoanTube, the UK’s leading digital credit marketplace, has partnered with Push Group to embed its business loans infrastructure across Push’s online comparison platforms, including QuoteHeroes.co.uk.

Research from ZestyAI, the leader in AI-powered climate and property risk analytics, reveals that 62% of U.S. homeowners are deferring critical home maintenance, adding up to $317 billion in potential claims exposure for insurers.

Liberty Blume, the business solutions company launched last year to deliver a wide range of high-impact tech-enabled services across multiple sectors, has acquired specialist Lloyds of London insurance brokerage PHL Insurance Brokers Ltd in its first strategic M&A transaction.

Clearpool is expanding into Payment Financing (PayFi), a rapidly growing credit vertical powering global stablecoin payments for leading fintechs across remittance, card processing, and on/off-ramp services.

ESAF Small Finance Bank (ESAF SFB) has selected SugarCRM as a key technology partner to support its digital transformation as part of ESAF Bank’s multi-year StratoNeXt initiative. ESAF Bank will use the platform to deliver a more connected, modern banking experience to its more than 9 million customers.