- Payroc said it will begin processing Sept. 1 for merchants using Cinfed Credit Union under a new agreement with the financial institution, which serves members in Southwest Ohio.
- Digital-asset platform Fireblocks Inc. launched Fireblocks Network for Payments, aimed at enabling stablecoin-based transactions in more than 100 countries.
- Sola Security, a cybersecurity firm whose technology is based on artificial intelligence, announced it raised $35 million in a Series A round led by S32, bringing its total raised to $65 million.
- Spinwheel, a payments provider, announced an investment from Citi Ventures that it says will be used to enhance its growth and build out its agentic AI platform. The sum was not announced but comes on the heels of a $30-million Series A round in June involving multiple investors.
- Check-scanning firm Panini S.p.A. has been acquired by digital-payments platform Matica Fintec S.p.A. Terms were not announced. Turin, Italy-based Panini maintains a North American operation in Ohio.
- Fraud-prevention firm Sycurio named Nicholas Brown chief security officer. His background includes positions at JP Morgan, Guardian News & Media, and IXCG.
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