Fintech

Fintech coverage across every StreamSage desk, filed under Fintech: Banking, Payments, Lending, Wealth, Insurance, Remittances, Open Banking, Regtech. Page 3.

• Thatch Raises $108 Million at $1 Billion Valuation

  Thatch said in a press release that its revenue grew sevenfold in one year and that more than 5,000 employers now use its platform.

• Split Pay Raises $125 Million for BNPL Bill Splitting

  Khosla Ventures led Series A and B rounds for the startup, which splits large monthly bills into two payments for consumers.

• Tabby raises $230 million at $6.5 billion valuation

  The Saudi-based BNPL firm will use the funding to expand in the Gulf, processing $18 billion in annualized volume across 25 million users.

• Waystar Weighs Sale of Healthcare Payments Software Business

  The firm hired bankers to advise on a possible exit, according to a Sept. 15 Reuters report that cited seven sources.

• ECB seeks merchants for 12-month digital euro pilot

  The European Central Bank wants e-commerce and mobile merchants to join testing of a beta currency starting in late 2027, ahead of a possible 2029 launch.

• Ripple Targets $13T Treasury Market for Stablecoin Growth

  Jack McDonald says 1,200 corporate clients move $13 trillion annually, positioning Ripple to bring that activity on-chain as RLUSD supply grows 50% in a month.

• Coinbase gives community banks a stablecoin bridge while supplying infrastructure underneath

  The Moov-Coinbase partnership announced on Sept.

• Bots target Bitcoin payment restart gap

  Automated systems are probing BTCPay for a restart-time weakness, leaving custom reverse proxy deployments exposed until operators audit their access controls.

• TRM report shows minimal AI agent share in x402 payments

  TRM Labs found that only 0.6% to 7.5% of likely x402 commerce by value appeared to originate from AI agents, according to a report published Wednesday.

• Revolut released customer Bitcoin histories via spoofed government mailbox

  A fraudulent request that cleared Revolut's email authentication controls exposed identity documents and on-chain activity, while the bank withheld the agency's name.

• OSFI's new rule lets banks net out matched crypto hedges

  A Sept. 10 OSFI guideline allows full capital recognition for same-asset, same-maturity Group 2a hedges across exchanges, effective late 2026.

• Revolut, Ramp and Adyen expand corporate fintech services

  The three firms are broadening banking, spending and payment tools for large enterprises to manage global operations and cash flow.

• Federal Agencies Propose Updated Rules for Bank Third-Party Risk

  The FDIC, Federal Reserve, NCUA and OCC will accept public comment on the new guidance for 60 days after it is published in the Federal Register.

• GENIUS Act Compliance Shifts to Back Offices

  Permitted issuers must maintain 100% reserves while regulators implement rules for machine-speed AML and wallet monitoring.

• Bank of Russia Puts 165 Billion Rubles Into State Reinsurer

  The injection arrives in September so the Russian National Reinsurance Company can meet its full set of obligations.

• Cash App tests fee-free business tools for sole proprietors

  The pilot lets eligible users accept peer-to-peer payments and track earnings in their personal Cash App account without a separate business account.

• iPhone Duo starts at $1,999 with carrier deals and lease options

  T-Mobile, AT&T and Verizon offer discounts and monthly payment plans for Apple's new foldable and Pro models.

• Nu's US launch runs on Lead Bank while charter pending

  Nu launched in the US on Tuesday using Lead Bank as its infrastructure partner, with a full national charter still conditional after a January OCC approval.

• Circle acquires Tazapay as stablecoin focus shifts to banking and credit

  Circle is buying Tazapay for $400 million while Tether enters private credit with Fasanara Capital, highlighting a move toward custody and payment infrastructure.

• Visa Announces Onchain Lending Program for Stablecoin Cards

  Visa’s Sept. 8 onchain lending initiative uses Credit Coop to finance settlement gaps for stablecoin-linked card programs with revolving stablecoin facilities.