Latest Banking-as-a-service News: Finextra Research

The Future of Digital Banking in Asia 2022

22 December 2021 1017 downloads

Company update/retail

Friz aligns with MatchMove on neobank for freelancers

Friz, the Singapore-based financial platform for freelancers in Southeast Asia has partnered with embedded finance platform MatchMove, to power their users’ wallets with seamless and convenient financial services.

15 December 2021

Company update/people

Chris Weller Joins fintech SaaS Platform Toqio as commercial director for UK and Europe

FinTech SaaS provider Toqio has appointed Chris Weller as Commercial Director UK and Europe.

15 December 2021

Company update/retail

Mambu fundraise pushes valuation to $4.9bn

Mambu, a market-leading, modern SaaS banking platform, has announced raising €235 million in an EQT Growth-led Series E funding round, the largest financing round to date for a banking software platform.

09 December 2021

News/wholesale

Funding Circle moves into embedded finance

Funding Circle has moved into the embedded finance market, providing third party firms with a single API to offer loans of up to £500,000 to small businesses within their own website.

02 December 2021

News/startups

UK's sixth clearing bank set to launch with $1.1 billion valuation

The Bank of London is set to enter the UK's clearing market with a pre-revenue valuation of $1.1 billion and plans to recruit 3000 staff over the five years.

30 November 2021

Company update/payments

Ingenico joins payments-as-a-service movement

Ingenico, a Worldline brand [Euronext: WLN], announces the full commercial launch of PPaaS, its Payments Platform as a Service solution to its clients and partners. Built on a completely new cloud-based technology stack, PPaaS is a key component in the evolution of the Point of Sale (POS) into an ecosystem enabler.

29 November 2021

Research/Banking-as-a-service

Don’t go extinct - How Wealth Managers can remain relevant

29 November 2021 336 downloads

Company update/payments

Unit taps Currencycloud for cross-border payments

Unit, the New York-based banking-as-a-service platform (BaaS), has partnered with Currencycloud, the experts simplifying business in a multi-currency world, to offer their customers an easy, seamless way to fulfill both domestic and international banking needs.

25 November 2021

Company update/people

Dafna Martin Beltran joins Toqio as head of sales for new markets

FinTech SaaS provider Toqio has today announced the appointment of Dafna Martin Beltran as Head of Sales for New Markets.

25 November 2021

Research/Banking-as-a-service

Building the Road to a Hybrid Cloud Future

24 November 2021 252 downloads

Company update/payments

Contis launches in Germany

Contis, a leading Banking-as-a-service (BaaS) provider in Europe, has today announced the expansion of its offering in Germany following its partnership with NAGA.

23 November 2021

Company update/payments

Weavr integrates with finway

Weavr, a technology company that makes it simple for businesses to embed financial services into mobile apps and SaaS businesses, has announced its latest European partnership with German-based finway, a finance operating system for SMEs.

22 November 2021

News/retail

Russian retailer X5 Group pilots financial services

Russian food retailer, that operates Pyaterochka, Perekrestok and Karusel brands, will uplift loyalty cards and add banking services such as payments, money transfers and rouble-denominated cashback.

19 November 2021

Company update/retail

Talenthouse, Vodeno and Aion Bank to bring embedded banking to creative community

Talenthouse, the global platform connecting creatives with brands and celebrities, Vodeno, a cloud-native Banking-as-a-Service provider, and Aion Bank, a European licensed digital bank and credit institution regulated in Belgium, today announced that they have joined forces to launch embedded banking services for creatives in Europe.

17 November 2021

News/retail

BM Technologies agrees to buy a bank

Fintech BM Technologies has agreed to buy community business lender First Sound Bank in a $23 million deal.

15 November 2021

Company update/startups

PPS takes over Suits Me account from Contis

PPS, an Edenred subsidiary and a one-stop-shop for prepaid and fintech programmes, today announces its partnership with alternative e-money provider for the financially excluded Suits Me, following its migration from Banking as a Service Provider, Contis.

15 November 2021

News/retail

Volt ships white-labelled BaaS app

Australian neobank Volt has joined with Open Banking intermediary Frollo to jointly build and launch a new white-labelled banking-as-a-service (BaaS) app that is fully integrated with its core banking system.

15 November 2021