Key facts
- Ether.fi is allocating $100 million to the Plume RWA vault.
- Mastercard is focusing growth on India's credit-on-UPI market and tier 3 and 4 cities.
- Ling Hai is appointed Mastercard's new Chief Financial Officer, effective August 3.
- Sachin Mehra moves to the new role of Chief Business Officer at Mastercard.
- The National Bank of Georgia launched a modernized RTGS payment system with Montran.
- Sunrate was named among the Top 100 Cross-Border Payment Companies for 2026.
- XTransfer and Societe Generale partnered to streamline cross-border payments for global trade.
- Payroc partnered with Webster First Federal Credit Union, effective June 1, 2026.
- Made Scientific and Pluristyx are partnering on iPSC cell therapy development.
- Clerri partnered with Cherry to integrate patient financing options for dental practices.
Ether.fi is making a significant investment of $100 million into the Plume Real World Asset (RWA) vault. This allocation is intended to offer institutional-grade yield to Ether.fi's customer deposit base and to further the development of open institutional finance.
Mastercard is adjusting its growth strategy to look beyond traditional card payments, with a particular focus on India's credit-on-UPI market and expanding into underserved tier 3 and 4 cities. The company is also developing commercial payment solutions and exploring participation in emerging payment technologies. In a related leadership move, Mastercard has appointed Ling Hai as its new Chief Financial Officer, effective August 3, succeeding Sachin Mehra. Mehra will transition to a newly created role as Chief Business Officer, as part of a broader restructuring aimed at improving customer focus and operational execution.
The National Bank of Georgia has introduced a modernized Real-Time Gross Settlement (RTGS) payment system, developed in collaboration with Montran. This upgraded platform is designed to improve resilience, scalability, and readiness for ISO 20022 standards, marking an advancement for Georgia's financial ecosystem.
Sunrate has been acknowledged by FXC Intelligence as one of the Top 100 Cross-Border Payment Companies for 2026. This recognition marks the third consecutive year for the global payments and treasury management platform. In other partnership news, XTransfer and Societe Generale have joined forces to simplify cross-border payments for global trade transactions, aiming to ease international financial operations for businesses. Payroc, a global payments company, has also entered into a partnership with Webster First Federal Credit Union, effective June 1, 2026, to offer advanced payment solutions and enhance payment processing capabilities for businesses in Massachusetts.
In the life sciences sector, Made Scientific and Pluristyx have established a strategic partnership. This collaboration will integrate Pluristyx's induced pluripotent stem cell (iPSC) platform with Made Scientific's Contract Development and Manufacturing Organization (CDMO) services. The goal is to create a more efficient pathway for cell therapy developers, from the initial creation of cell lines through to commercial supply. Separately, Clerri, a membership platform for the dental industry, has partnered with patient financing provider Cherry. This integration will enable dental practices to offer financing options and enroll members directly from a single interface, streamlining their workflows.