Anders Christensen, Avaloq – Can you tell me more about the Avaloq sandbox, and why sandboxes are an important element?

Deel, the global people platform trusted by 40,000+ businesses to hire, manage, and pay teams across 150+ countries, today launched stablecoin salary payouts powered by BVNK, and announced the formation of a dedicated crypto division, headed by Thierry Edde as Head of Crypto at Deel.

Octane® (Octane Lending, Inc.), the fintech company unlocking the power of financial products for retailers and consumers, announced today that it has executed a $350 million forward-flow agreement with Nuveen, the global investment leader managing $1.4 trillion in public and private assets for clients including TIAA, its parent company, and one of the world’s largest institutional investors. Guggenheim Securities, LLC acted as sole structuring advisor and arranger on the transaction.

Treasury Prime today announced the launch of Prime Cash (Powered by Green Dot Network®), a solution that enables fintechs to let customers deposit cash at more than 90,000 retail locations nationwide, including Walmart, CVS, Walgreens and 7-Eleven, without requiring a branch visit.

Pivot, the AI operating system for procurement, today announced that it has raised $40 million in a Series B funding round, taking the total amount raised since the company’s founding in 2023 to $70 million. The oversubscribed round was led by Forestay Capital and Notion Capital, with participation from Greyhound and procurement industry veterans, including the former Global VP Sales at Ariba and the founder of EcoVadis, as well as existing investors including Hedosophia, Visionaries Club, and Emblem.

Visa, a world leader in digital payments today announced a Memorandum of Understanding (MoU) with Trip.com Group, marking a strategic collaboration to power richer travel experiences for Asia Pacific consumers. The MoU will harness Visa’s global payments network and Trip.com Group’s extensive ecosystem, enabling travellers to discover personalised recommendations, access offers for dream destinations and transact seamlessly on their journeys.

SimplyGo Pte. Ltd., the exclusive system integrator and acquirer for Singapore’s public transport ticketing and payments ecosystem, and Embed Financial Group Holdings Pte Ltd (“EFGH”) have entered into a Strategic Partnership Agreement to explore the co-development of an embedded micro-insurance platform within the SimplyGo app.