Foxit PDF API, OpenRouter $40M, SOCRadar Threat MCP
The API Changelog issue 2025.27
This is issue 2025.27 of the API Changelog, a mix of API news, commentary, and opinion. In this issue, you'll get to know the most relevant API-related information from the week of June 30, 2025. Subscribe now so you never miss an issue of the API Changelog.
This issue of the API Changelog is sponsored by DreamFactory:
DreamFactory is the easiest way to automatically generate, publish, manage, and secure REST APIs, convert SOAP to REST, and aggregate disparate data sources through a single API platform.
Events
If you're serious about API security, especially in the age of AI-driven threats and escalating attacks, there’s an unconference that offers an unbeatable mix: laser-focused peer dialogues, expert-led frameworks, and practical governance tools—all in an engaging, choose-your-own-path format.
The API Security Unconference is your exclusive gateway into the heart of the Nordic APIs Summit—immerse yourself in high-impact, peer-driven sessions on October 13 in Stockholm, then stay on for the full Summit to deepen your knowledge and connections. Register now and unlock a 15% discount with code ps25-chnglg—because securing tomorrow’s APIs demands being part of the conversation today.
Announcements
Paren Inc. has established an Advisory Board chaired by ex-transport official Gabe Klein to bolster growth and standardization in EV charging data services. The company, growing swiftly with the largest DC fast charging dataset in North America, plans to introduce a real-time API and has seen a fivefold revenue increase year-over-year.
VAS has unveiled the VAS Lender API to enhance its lender clients' data management and workflow efficiency. The API streamlines data entry, improves error reduction, and allows real-time updates, potentially eliminating the need for email.
Hiscox has launched a digital solution targeting cargo risks overlooked by the traditional London insurance market. The initiative aims to facilitate broker access to London markets and meet client needs for smaller, simpler coverage. See additional coverage on Reinsurance News.
Foxit has launched new APIs for seamless PDF handling and document generation within applications. Their cloud-hosted services aim to simplify document workflows, avoiding complex infrastructure or large codebases.
Meta launched an upgraded Marketing Messages API to aid businesses in engaging subscribers via Messenger in 21 countries. The new solution provides personalized promotion tools and integration support for tech providers, with a focus on re-engagement and analytics. See additional coverage on PPC.LAND.
Telnyx announced the availability of its RCS Business Messaging, coinciding with Apple's iOS 18 RCS support, allowing universal rich messaging. The service facilitates branded, interactive communications without additional apps, aiming to unify business messaging for all smartphone users.
Funding and M&A
OpenRouter secured $40M in funding for its LLM API platform, led by Andreessen Horowitz and Menlo Ventures. The platform boasts over $100M in annual inference spend and supports one million developers.
Parlay Finance secured $2 million from fintech VC Jam Fintop to enhance distribution partnerships. The funding, announced June 9, supports Parlay's AI-powered loan origination technology expansion.
Climatiq, a carbon intelligence startup, secured €10 million in Series A funding led by Alstin Capital for real-time emissions tracking. The investment will boost its API-first platform and integrate carbon metrics into businesses, akin to financial data.
AI
Pictory has launched an MCP Server API that reduces setup time by eliminating repetitive prompt context in AI video production. The solution benefits content creators and businesses by streamlining video creation workflows and cutting operational costs.
Suki's integration with MEDITECH enhances AI-driven clinical note creation and eases clinician workloads across healthcare. The partnership boosts workflow efficiency and extends AI benefits to a more diverse set of healthcare professionals.
BestMan, a new robotics platform, accelerates the transition from AI algorithms to real-world applications, simplifying software integration with modular, interchangeable components. This open-source platform, detailed in Frontiers of Computer Science, promises to cut years off robot development and broaden access for smaller labs and startups.
Fintech
The Central Bank of Nigeria (CBN) is working to unify financial sector APIs to facilitate secure and consistent data exchanges. Fidelity Bank's market cap exceeded N1 trillion, joining other major banks, as Nigeria's non-interest finance industry hit N4.4 trillion in size. Nigeria, which leads Africa with a formal open banking system, sees its Financial and Professional Services sector bolster national output, contributing N6 for every N100 generated.
Dinari and BitGo have partnered to integrate tokenized U.S. equities with crypto assets in a single platform. The service, including a single API for stocks like AAPL and cryptocurrencies like BTC, enters beta in Q3 2025.
Atleos integrates its ReadyCode API with InComm Payments to offer cardless cash withdrawals at over 23,000 U.S. ATMs. InComm Payments' technology and extensive network enable innovative payment solutions and financial services globally. See additional coverage on Fintech Global, AInvest, Finovate, and Finextra.
Belgium-based Mobile Payment Solutions (MPS) joined forces with Salt Edge to introduce PSD2-compliant APIs in the Netherlands and France. The collaboration aims to enhance payment experiences and expand services for fintechs and various businesses while ensuring compliance and data-driven innovation. See additional coverage on The Fintech Times and the Open Banking Expo.
Ecobank and Google Cloud have announced a partnership to enhance digital banking and economic growth in Africa through advanced tech and AI. The collaboration aims to simplify payments, support SMEs, and deliver personalized financial services, while planning to expand the use of Google's other solutions.
Tink and Chip have partnered to enhance the Chip app with open banking capabilities and automated savings. The collaboration introduces secure transfers and real-time financial insights to help users manage and grow their savings.
Ivy, a German instant payments startup, integrated Circle's USDC and EURC stablecoins into its transaction platform. The partnership positions Ivy to facilitate instant bank payments with seamless stablecoin settlement, targeting crypto firms and merchants.
Security
SOCRadar has unveiled the MCP Server, connecting AI models with secure threat intelligence for cybersecurity experts. The server simplifies AI access to real-time data, aiding security pros in threat analysis without extra interface complications.
A critical vulnerability (CVE-2025-46647) in the OpenID Connect plugin of Apache APISIX could let attackers bypass authentication to access restricted data. Apache APISIX has released version 3.12.0 to fix the flaw and advises users to upgrade and review their security configurations