On Finovate.com

• Virtual Card Platform Extend Raises $11 Million. See the company demo its technology live at FinovateSpring in San Francisco in May.

• PayStand Unveils Automated Receivables Product.

Around the web

• Lendio franchise opens in Phoenix.

• Check Point partners with Google’s Cloud Identity to improve zero trust cloud access.

• Coinbase introduces crypto Visa debit card for U.K. customers via partnership with Apto Payments.

• Sberbank acquires majority stake in biometrics company Speech Technology Center.

• Aite Group recognizes Featurespace as “Best in Class” in its latest report on fraud and advanced machine learning platform vendors.

This post will be updated throughout the day as news and developments emerge. You can also follow all the alumni news headlines on the Finovate Twitter account.