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Airwallex $11B, Ripple's Japan Win & Canada Open Banking Phase 1
Audio is available on Spreaker — see link below.
Airwallex raises $320M at an $11B valuation to take on Stripe, Ripple's RLUSD clears Japan's FSA, and Canada launches its open banking framework. Today's fintech and banking briefing maps a single converging theme: the cross-border payments and settlement layer is being rebuilt from every direction at once.
Audio is available on Spreaker — see link below.
Airwallex just raised three hundred and twenty million dollars at an eleven billion dollar valuation, and the company is now directly targeting Stripe. That's the signal worth holding onto today.
Ripple's RLUSD stablecoin just cleared Japan's Financial Services Agency and is now live on the SBI VC Trade platform. That matters more for what it signals than what it currently measures.
Canada formally moved its open banking framework into Phase One. Starting twenty twenty-six, regulated read-only API data sharing will be live.
Goldman Sachs Growth Equity led a one hundred and ten million dollar Series C into Taktile, an AI decisioning platform that automates credit, underwriting, and risk workflows for banks and insurers. Goldman backing here is a meaningful signal.
One more development worth noting. Uzbekistan's central bank reported digital payment adoption reached seventy-one percent in twenty twenty-five, up from thirty-nine percent in twenty twenty-one.
Pulling back, today's briefing clusters around one clear theme: the cross-border payments and settlement layer is being rebuilt from multiple directions simultaneously. Airwallex from the B2B payments side.
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