TransFi Raises $19M to Build Stablecoin-Based Payments Platform

$19.2M round led by Turing Financial Group combines $14.2M Series A equity with a $5M committed liquidity facility to scale stablecoin-enabled cross-border payments across emerging markets. TransFi operates in 70+ countries with 250+ local payment methods, supporting 40+ fiat currencies and 100+ digital assets through a unified orchestration layer for collections, payouts, conversion, and settlement. Momentum and scale: set to achieve $5 billion in processed transaction volume in FY2026, 16x revenue growth since seed round...

Streamex Corp. Appoints Christine Plummer as Chief Financial Officer

Streamex Corp., a technology and infrastructure company focused on the tokenization of commodity real-world assets, today announced the appointment of Christine Plummer, former Global Controller at Coinbase and Managing Director at Morgan Stanley, as Chief Financial Officer of Streamex. In this role, Ms. Plummer is expected to oversee the Company’s global finance organization, including financial reporting, regulatory compliance, and financial operations as Streamex continues expanding its institutional platform and launching tokenized commodity products. Henry McPhie,...

PhotonPay secures new license by DFSA to expand

PhotonPay, the next-generation global financial infrastructure, has been granted a Category 3D License by the Dubai Financial Services Authority (DFSA). This pivotal milestone represents the company’s first license in the UAE, signaling a major expansion of its footprint across the MEASA region and solidifying its global compliance-first strategy. The UAE represents a vital trade corridor for global commerce as one of the world’s leading financial hubs with a diverse ecosystem of international enterprises. PhotonPay has engaged deeply with...

VelaFi Raises $20M Series B to Expand Global Stablecoin Infrastructure

VelaFi, a stablecoin-powered financial infrastructure platform under Galactic Holdings, today announced the completion of its $20 million Series B financing, led by XVC and Ikuyo, with participation from Alibaba Investment, Planetree, existing shareholder BAI Capital, and other global investors. This round brings VelaFi’s total funding to over $40 million. Founded in 2020, VelaFi has deep roots in Latin America and a proven track record in real-world payment infrastructure, serving enterprises across complex and underserved markets. The...

Flutterwave Expands Payments Infrastructure With Acquisition of Mono

Flutterwave, Africa’s leading payments technology company, has acquired Mono, a pioneer in open banking infrastructure across the continent. The transaction deepens Flutterwave’s long-term commitment to building a connected, interoperable financial system for Africa and positions open banking as a core pillar in the evolution of alternative payment methods across the region. Mono’s API-driven platform enables secure access to financial data, identity verification, and account-to-account payments; capabilities that are increasingly critical as African markets move toward more trusted,...

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