The Weekly Wrap: all you need to know by Friday COB | Sept 5th

By Puja Sharma

The Weekly Wrap is published every Friday and recaps the week’s main stories and deals, as well as upcoming events and announcements for Prime subscribers only.

The Big Story

Infosys has partnered with Mastercard to expand financial institutions’ access to Mastercard Move, the company’s comprehensive portfolio of money movement capabilities.

Through seamless integration with Infosys Finacle, part of EdgeVerve Systems (a wholly owned subsidiary of Infosys), the collaboration establishes a streamlined pathway for financial institutions to deploy Mastercard Move’s cross-border payment solutions. The initiative significantly reduces implementation timelines and resource intensity, enabling faster adoption of global money movement services.

Mastercard Move delivers trusted domestic and international transfer solutions, empowering banks, non-bank financial institutions, and direct disbursers to serve customers across more than 200 countries, 150+ currencies, and reaching over 95% of the world’s banked population. By embedding these capabilities within Infosys Finacle’s composable banking platform, the partnership brings scale, resilience, and efficiency to financial institutions navigating the increasing demand for cross-border remittances and payments.

Deals of the week

• Munify secures $3m to expand digital banking
• Pave Finance raises $14m to launch AI wealth management platform
• Neo processes $27bn in corporate payments
• Cointel secures $7.4m to bridge trust gap in digital finance
• Atlas raises $18.1m to accelerate European growth
• Carlyle acquires Intelliflo to expand WealthTech portfolio
• Obita secures $10m to expand blockchain-based global payments
• Odeabank implements Murex MX.3 for risk management
• Wedbush taps Broadridge to modernise clearing and wealth platforms

Be on the lookout for

Nominate Now!!

The IBSi Global FinTech Innovation Awards 2025, set to take place on 21st November in Mumbai, will once again spotlight the most disruptive and transformative achievements in banking and financial technology. Now in its seventh year, the awards honour innovation across high-impact categories such as Core Banking, Digital Lending, AI/ML, and GenAI.

After a record-breaking 2024 edition—which drew 400+ submissions from 155 banks and 90 tech vendors—the upcoming awards are poised to set an even higher benchmark. Expect broader global participation, richer insights into bank–tech collaboration, and a data-driven judging process powered by IBS Intelligence’s proprietary research and analytics.

Beyond trophies, winners benefit from year-long visibility through editorial features, thought leadership opportunities, and industry event integrations—making this a platform not just for recognition, but for continued growth and influence.

Whether you’re a startup reimagining digital onboarding or an established bank modernising at scale, GFIA 2025 offers the stage to showcase your innovation, impact, and scalability to the global FinTech community