Key facts
- Ether.fi is allocating $100 million to the Plume RWA vault.
- Mastercard is focusing its growth strategy on India's credit-on-UPI market and tier 3 and 4 cities.
- Ling Hai is appointed Mastercard's new CFO, succeeding Sachin Mehra.
- Sachin Mehra moves to the new role of Chief Business Officer at Mastercard.
- Mastercard's leadership changes are effective August 3.
- 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.
- Clerri partnered with Cherry to integrate patient financing for dental practices.
- Made Scientific and Pluristyx are partnering on iPSC cell therapy development.
Ether.fi is making a significant allocation of $100 million to the Plume Real World Asset (RWA) vault. This initiative is designed to provide its customer deposit base with institutional-grade yield and to further the development of open institutional finance.
Mastercard is recalibrating its growth strategy to expand beyond traditional card payments. The company is concentrating on emerging markets, specifically targeting India's credit-on-UPI market and expanding its reach into underserved tier 3 and 4 cities. Alongside this market focus, Mastercard is developing commercial payment solutions and exploring participation in new payment technologies. In a separate development, Mastercard has appointed Ling Hai as its new Chief Financial Officer, effective August 3. She succeeds Sachin Mehra, who is transitioning to a newly created role as Chief Business Officer. These leadership changes are part of a broader restructuring effort aimed at improving customer focus and operational execution.
In the realm of cross-border payments and financial infrastructure, several collaborations and advancements are underway. XTransfer has joined forces with Societe Generale to streamline cross-border payments for global trade transactions, simplifying international financial operations for businesses. Sunrate has been recognized by FXC Intelligence as one of the Top 100 Cross-Border Payment Companies for 2026, marking its third consecutive year receiving this distinction for its global payments and treasury management platform. The National Bank of Georgia, in partnership with Montran, has launched a modernized Real-Time Gross Settlement (RTGS) payment system. This upgraded platform is designed to enhance resilience, scalability, and readiness for ISO 20022 standards, contributing to the advancement of Georgia's financial ecosystem.
Other partnerships in the financial services sector include Payroc's collaboration 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 healthcare sector, Clerri has partnered with Cherry to integrate patient financing options into its dental membership platform, allowing dental practices to offer financing and enroll members from a single interface. Separately, Made Scientific and Pluristyx are partnering to combine Pluristyx's iPSC platform with Made Scientific's CDMO services, aiming to create a more efficient pathway for cell therapy developers from cell line creation to commercial supply.