Railsr

84 results about this entity

Period: 06 Sep 2016 - 12 Dec 2024

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Railsr and Equals Group set for £283m merger

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Railsr and Equals Group set for £283m merger

The long-trailed merger of embedded banking platform Railsr and payments firm Equals Group is set to go ahead through a £283 million takeover deal.

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Equals Group extends deadline for consideration of Embedded Finance takeover offer

On 1 November 2023 the Board of Equals announced that it is conducting a review of the Company’s strategic options (the “Strategic Review”) and that as part of this process, the Company has contacted a limited number of potential counterparties including Madison Dearborn Partners, LLC (“MDP”), to assess whether such parties could put forward a proposal that would deliver greater value to Equals’ shareholders than pursuing a standalone independent strategy (the "Strategic Review").

Railsr proposes merger with Equals Group

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Railsr proposes merger with Equals Group

Embedded Finance, Railsr's parent company, has approached Equals Group for a merger of the two companies, Sky News reports.

Former chancellor Hammond takes over the chair at Railsr

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Former chancellor Hammond takes over the chair at Railsr

Former chancellor Philip Hammond has been appointed as chairman of Railsr, the embedded banking platform that was rescued from liquidation last year.

UK fintech Railsr secures $24m in funding

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UK fintech Railsr secures $24m in funding

Railsr, the UK-based embedded finance startup, has pulled in $24m in its latest series of fundraising.

Lithuania revokes licence of former Railsr unit

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Lithuania revokes licence of former Railsr unit

A former subsidiary of failed embedded banking platform Railsr has had its licence revoked by the Bank of Lithuania over “serious violations” of AML and payments laws.

Railsr appoints new CEO following emergency sale

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Railsr appoints new CEO following emergency sale

Following its rescue sale last month, embedded banking platform Railsr has brought in a new management team, led by the former boss of blockchain firm Setl, Philippe Morel.

Railsr agrees rescue sale to investors

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Railsr agrees rescue sale to investors

Embedded banking platform Railsr has been saved from collapse after agreeing a sale to a consortium of investors led by D Square Capital. Terms of the deal were not disclosed.

Railsr could be sold in pre-pack administration process

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Railsr could be sold in pre-pack administration process

Embedded banking platform Railsr is closing in on a sale through a so-called "pre-pack administration" process, according to Bloomberg.

Railsr unit faces Lithuanian investigation into money laundering failures

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Railsr unit faces Lithuanian investigation into money laundering failures

A subsidiary of embedded banking platform Railsr is being investigated by the Bank of Lithuania over concerns it has been "grossly and systematically" violating money laundering and terrorist financing laws.

Flutterwave eyes up Railsr

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Flutterwave eyes up Railsr

African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, which has been hit hard by inflationary pressures, rising interest rates, cashflow pressures and VC pullback.

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Railsr releases embedded banking dashboard

Railsr, the leading global embedded finance experiences platform, has launched Insights, a dashboard to empower brands to track, manage and enhance the end-to-end experiences of their customers.

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