Banking-as-a-service

374 articles tagged with this keyword

/payments

GPS raises $300 million

Global Processing Services, the payment processor behind a host of challenger bank startups, including Revolut and Starling, has raised $300 million from Advent International and Viking Global Investors.

/people

Westpac executive Karan Jain joins NayaOne

NayaOne has announced Karan Jain as their new Chief Executive Officer.

/retail

Railsbank opens new global HQ in London

Railsbank the leading global Embedded Finance platform has today announced the opening of its new Global Headquarters in Broadgate, London’s largest pedestrianised neighbourhood in the heart of the financial district.

/retail

M2P Fintech raises US$35 million from Tiger Global

M2P Fintech, Asia's largest API infrastructure company, today announced that it has secured US$35 million in a Series C financing.

/wholesale

Dock acquires Brazilian Banking-as-a-Service provider BPP

Dock, an innovator in financial technology infrastructure across Latin America, announced the acquisition of BPP, a payment institution regulated by the Central Bank of Brazil that specializes in Banking-as-a-Service (BaaS).

/Banking-as-a-service

Mbanq signs with Temenos to launch credit-union-as-a-service platform

Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider and one of the world’s fastest growing FinTechs, today announced it has signed a strategic agreement with Temenos (SIX: TEMN), the open cloud banking company, to launch an innovative Credit-Union-as-a Service (CUaaS) offering, and to accelerate BaaS adoption across the US.

/people

Monese makes new hires following move into BaaS

Monese, the leading pan-European fintech, today announces the appointment of Atul Choudrie to Managing Director of Monese’s BaaS business, Steve Tryner to CFO and Stephen Chang to VP Operations at Monese. These appointments bring considerable leadership experience to Monese’s BaaS platform and further banking, technology and finance expertise to Monese’s Leadership Team.

/startups

Embedded finance platform Peeled.io gains FCA approval

Fintech Peeled.io has received authorisation from the FCA ahead of launching their embedded finance platform in the UK next month.

/payments

ClearBank expands with new multi-currency offering

ClearBank, the cloud-based clearing bank, announces the launch of a new multi-currency solution which will reduce friction for fintechs and financial institutions who offer cross-border payments and FX capabilities.

/Banking-as-a-service

Mastercard welcomes NymCard as its newest Network Enablement Partner

Mastercard has welcomed the banking-as-a-service (BaaS) provider and modern card issuing platform, NymCard, as the newest company to join its Network Enablement Partner program, providing it with the ability to deliver Issuances in record time.

/retail

Starling to launch banking-as-a-service package in Europe

Starling Bank's much-trailed expansion into European markets will come in the form of a banking-as-a-service technology package, rather than a customer-facing proposition.

/startups

Braintree vets bring embedded finance platform out of stealth with $54 million raise

Highnote, a card issuing startup founded by a pair of Braintree veterans, has emerged from stealth mode with $54 million in combined funding from both a Seed and Series A round.

/startups

BaaS platform Swan to expand internationally on $16 million funding round

French banking-as-a-service platform Swan has secured a $16 million equity raise in a funding round led by Accel.