Citi is launching an advertising business called Citi Commerce Media, allowing brands to target its 70 million customers based on spending data from 6.5 billion annual transactions across 700 categories. The bank will display ads on its app, website, and external platforms like Facebook. Citi joins a growing field of financial media networks. JPMorgan Chase and PayPal launched similar businesses in 2024, followed by Mastercard and American Express in 2025. EMARKETER forecasts US financial media network ad spending will exceed $1 billion by 2026. A pilot programme with retail and beauty brands showed campaigns produced an average 15% spending lift compared to customers not shown ads. Citi recently agreed to acquire Kard, a commerce media platform, to access merchant networks.

Form Energy has closed a $270 million credit facility to support its energy storage technology development. The facility comprises a revolving credit facility and a tax credit advance facility linked to Section 45X Advanced Manufacturing Production Credit. An accordion feature allows the facility to expand to $1 billion. Barclays served as sole structuring bank, with Citi, Jefferies, JPMorgan Chase, RBC Capital Markets, Societe Generale, Stifel, and Wells Fargo participating in the lending syndicate. The financing follows Form Energy's $750 million Series G funding round in August, bringing total equity raised to over $2 billion. Proceeds will fund manufacturing scale-up and working capital as the company produces iron-air battery systems at its Weirton, West Virginia facility.

Supra is a Colombian fintech that enables cross-border payments for small and medium-sized businesses (SMBs). The investment and integration of Citi’s cross-border payments and FX technology will help enable Supra’s operations and expansion in Colombia