The following is an excerpt from today’s Global Newsletter.
Another day, another major fintech partnership involving BNPL.
This time it was Citizens Financial Group announcing it is working with Wisetack to offer a B2B2C service.
As a super-regional bank, Citizens has been at the forefront of fintech for some time, as deals with Apple, Best Buy, and Microsoft had them heavy in the consumer space. With the latest move, they’ve ramped up small business BNPL loans in a major way.
For Wisetack, this is their first partnership with a large bank.
Let’s call this an early feel-good Friday win-win story.
Featured
 USA |
| Citizens launches small-business installment loans with fintech partner By Kate Fitzgerald Citizens Financial has teamed with Wisetack, which supports dozens of platforms connecting to thousands of home improvement, dental, and veterinary service providers. |
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From Fintech Nexus
| USA Credit and Underwriting – Best Practices for Uncertain Times By Peter Renton At Fintech Nexus USA the Credit & Underwriting track is always one of the most popular. Here is a description of the track and links to the audio of all the sessions. |
| Europe DeFi: Uniswap V4 and its new Hooks; Machine learning compute protocol Gensyn raises $43MM By Farhad Huseynli Neuromancer, William Gibson’s sci-fi novel, saw a future of decentralized networks, free from the constraints of concentrated power. The AIs were its alien gods. |
Podcast
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Webinars
| Unmasking Sanctions Evasion: Trends, Challenges, and Solutions Today, 2 p.m. EDT One of the most crucial components of compliance is sanctions screening, which entails identifying and blocking transactions… Register Now |
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- USA: On Fifth Third Bank’s acquisition of Rize Money As the hammer of economics lands on fintech, multiple firms are getting acquired by incumbents, like banks. Last month, Fifth Third Bancorp acquired Rize Money, a payments infrastructure provider.
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- LatAm: Brazilian fintech Kanastra closes $13m Seed investment Kanastra, a capital markets infrastructure fintech in Brazil, is today announcing a $13 million seed round investment, one of the largest at this stage in Latin America.