embedded finance

BMO

2026-10-02 09:02:39

BMO and Mastercard roll out embedded virtual card payment management for business clients

Bank of Montreal (BMO) and Mastercard have launched a new embedded commercial payments feature for eligible corporate card customers in Canada. The offering allows those clients to initiate and manage BMO commercial virtual card payments directly within their operational software platforms, rather than handling the process outside their existing systems. According to the announcement cited by Techub News, the partnership makes BMO the first Mastercard issuer in Canada to deliver an integrated embedded finance and virtual card payment experience through participating platform integrations. The item was attributed to Finextra’s crypto channel.

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Stripe

2026-10-01 14:27:38

Stripe agrees to acquire embedded finance platform Parafin

Stripe has agreed to acquire Parafin, an embedded finance product platform, according to a Techub News item that cited Finextra Crypto. Financial terms of the deal were not disclosed. Parafin is a startup that provides embedded finance solutions for platforms and SaaS companies. The brief report did not include a closing timeline or other transaction details, and no additional terms were released in the source material. The announcement centers on Stripe’s agreement to buy the company and Parafin’s role in serving platform businesses with embedded financial products.

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