Banking-as-a-service

142 articles tagged with this keyword

/retail

Solaris raises €96 million in funding

German Banking-as-a-Service outfit Solaris has raised €96 million in a Series F funding round and secured a financial guarentee of up to €100 million capital equivalent which will enable it to execute on a major credit card contract with Munich-based motor association Adac.

/startups

Brokerage-as-a-service platform lemon.markets goes live

Berlin-based brokerage-as-a-service platform lemon.markets has gone live in cooperation with Deutsche Bank, BNP Paribas, and Tradegate.

/startups

BaaS platform Synctera raises $18.6m

Banking-as-a-Service player Synctera has raised $18.6 million in a Series A extension co-led by Lightspeed and Fin Capital.

/startups

Treasury Prime lays off staff in strategic pivot

Embedded banking platform Treasury Prime has laid off half of its staff as part of a strategic pivot to sell directly to banks.

/payments

NextGen Nordics 2024: 40+ banks registered to attend

NextGen Nordics returns to Stockholm on 23rd April, and at seven weeks away from the event day, 200 attendees have already registered.

/payments

Finextra's top research reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded whitepapers, sentiment papers and surveys over the course of the past year. These reports are Finextra-led and cobranded, based on editorially balanced, independent, referenced desk-based and online research.

/payments

Finextra's top impact study reports of 2023

With 2023 drawing to a close, we take a look back at our most downloaded impact study reports over the course of the past year. Our impact study reports are how-to, best practice guides that support those in the financial industry in their utilisation and optimisation of particular technologies, as well as providing an outlook at future trends to watch.

/cloud

PwC forms alliance with Starling's Engine SaaS platform

PwC has signed on as a strategic implementation platform for Starling Bank's Software-as-a-Service platform, Engine.

/payments

TrueLayer partners with Lunar for Nordic push

UK open banking vendor TrueLayer is hopping on the payment infrastructure of Nordic challenger bank Lunar in a bid to extend its account-to-account payment services across Denmark, Sweden and Norway.

/retail

Finastra survey shows global investment in AI, embedded finance, and BaaS

Finastra’s annual global State of the Nation Survey revealed that the financial services sector is investing in new innovations in artificial intelligence (AI), embedded finance, and Banking-as-a-Service (BaaS).

/retail

Starling signs first banking client for SaaS platform

Starling Bank has signed Romania's Salt Bank as the first client for its Software-as-a-Service platform, Engine.

/retail

Brazilian BaaS platform QI Tech raises $200 million

Brazilian Banking-as-a-Service platform QI Tech has raised $200 million in a Series B round led by General Atlantic.

/retail

Synapse lays off 40% of workforce after major client defects

US-based Banking-as-a-Service startup Synapse has laid of 40% of its workforce after losing a major client.

/payments

Weavr shuts down recently-acquired Comma app

London-based embedded finance firm Weavr is shutting down Comma, the open banking payments app it acquired just months ago.

/payments

Solaris struggles to raise funds to meet major credit card contract - FT

German Banking-as-a-Service outfit Solaris is struggling to raise fund to execute on a major credit card contract with Munich-based motor association Adac, the FT reports.

/devops

SC Ventures launches new BaaS solutions provider audax

SC Ventures, the innovation, fintech investment and venture incubation arm of Standard Chartered, today announced the launch of a new digital banking technology solutions provider, audax Financial Technology.

/wholesale

Indian SaaS fintech Perfios raises $229m

Indian B2B SaaS fintech Perfios has secured $229 million in Series D funding from private equity investor Kedaara Capital.

/startups

Nigerian BaaS startup Anchor raises $2.4 million

Nigerian Banking-as-a-Service platform Anchor has raised $2.4 million in seed funding from a number of prominent investors, including Goat Capital, FoundersX and Rebel Fund, alongside existing backers Y Combinator and Byld Ventures.

/retail

Starling in talks with Asian bank about BaaS platform deal - CNBC

UK challenger bank Starling is working with an Asian lender about taking its Engine banking-as-a-service platform outside of Europe for the first time.

/predictions

What are the leading BaaS trends and strategies for 2023

At the Temenos Community Forum that took place in Vienna during May earlier this year, Finextra sat down with chief strategy officer at Temenos, Kanika Hope, to discuss how Banking-as-a-Service (BaaS) trends are impacting the banking sector.