Banking-as-a-service

135 articles tagged with this keyword

/people

Finastra hires Isabel Fernandez to lead lending biz unit

Finastra has appointed former ING Bank board member Isabel Fernandez as EVP for the company’s lending business unit.

/startups

Plaid co-founder unveils bank for fintechs

Plaid co-founder William Hockey has taken the wraps off his new venture, a bank he is running with his wife that is built specifically to help developers creating financial products.

/predictions

Retail banks must embrace data-centric capabilities to see off fintech challenge - report

As fintech upstarts snap at their heels, retail bank executives are concerned that they are lagging in their ability to offer true omnichannel and personalised experiences, according to a report from Capgemini and Efma.

/wholesale

Finastra unlocks lending for Microsoft Dynamics 365 users

Finastra has formed a Banking-as-a-Service (BaaS) collaboration with Microsoft to provide access to finance for SME's using Microsoft Dynamics 365.

/startups

Piraeus to launch independent digital bank

Piraeus Bank is to build a new online-only independent bank for customers in Greece and the rest of the European market, capitalising on digital trends in banking-as-a-service and buy now, pay later.

/startups

Stock trading API startup lemon.markets raises €15m

Lemon.markets, a Berlin-based startup that helps firms embed trading services via APIs, has raised €15 million in a seed funding round co-led by Lakestar and Lightspeed.

/devops

ADGM and Finastra join forces for ‘Hack to the Future 4’

The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.

/wholesale

MarketFinance eyes Unicorn status on move into embedded finance

Hitting profitability in 2021, digital lender MarketFinance is wading into the embedded finance market as it shoots for Unicorn status.

/payments

Banking as a service gaining unstoppable momentum

Almost 85% of senior executives surveyed are already implementing Banking as a Service (BaaS), or are planning to in the next 12-18 months, says a market assessment report published by financial software company Finastra today.

/cloud

Mizuho to shift operations to Google Cloud

Japan's Mizuho is to move into the banking-as-a-service market and re-engineer its operations through an alliance with Google Cloud.

/cloud

ClearBank raises £175m for global expansion

UK clearing and embedded banking platform ClearBank is eying international expansion after raising £175 million in a financing round led by funds advised by Apax Digital.

/startups

Italian banking platform for micro entrepreneurs launches

A new digital banking platform is launching in Italy to help micro enterprises and the self-employed with their administration and financial management.

/devops

Finextra partners with Finastra for Hack to the Future 4

Finextra has today announced a partnership with financial services software provider, Finastra, for its annual event, Hack to the Future.

/cloud

Westpac appoints first BaaS chief

Westpac has appointed Damien MacRae as its first BaaS chief executive, overseeing the Australian lender's efforts to deepen its relationship with non-bank partners looking to embed banking services.

/wholesale

Hubuc raises $10m for 'AWS of embedded finance'

Barcelona-based Hubuc has become the latest embedded finance player to raise funding, closing a $10 million seed round co-led by WndrCo and Runa Capital.

/crypto

Hi partners Contis to launch crypto debit card

Crypto exchange and mobile banking platform hi has teamed up with BaaS player Contis on a debit card that lets shoppers pay with their digital assets at over 60 million merchants.

/startups

Embedded finance startup Weavr eyes US launch on $40 million funding round

Weavr, a London-based startup that allows businesses to embed banking and payments into their mobile app or SaaS platforms, has closed a $40 million Series A funding round led by Tiger Global.

/startups

Solarisbank and Contis complete partnership

Berlin-based banking-as-a-service platform Solarisbank and Contis have today completed their previously disclosed partnership, bringing their combined revenue to €100 million.

/retail

Indian embedded finance firm M2P aims for global growth on $56 million funding round

Indian embedded finance firm M2P has raised $56 million to expand its suite of API-based services internationally.

/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.