Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/payments

Vodeno unveils new chairman and CEO

Vodeno, a leading European Banking-as-a-Service (BaaS) provider, today announces the appointment of Philip McHugh as Chairman and Noah Sharp as CEO. McHugh and Sharp will steer Vodeno’s next phase of growth and continue the company’s momentum, with more than 30 BaaS projects delivered or in development, and new investors, NatWest Group and the European Bank for Reconstruction and Development (EBRD), confirmed in recent months.

19 September 2023

News/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.

11 September 2023

Company update/wholesale

Wamo selects Modulr as BaaS provider

wamo, the digital business account provider for SMEs, today announces that it is partnering with Modulr as its new Banking-as-a-Service (BaaS) provider.

05 September 2023

News/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.

04 September 2023

Company update/people

10x Banking names Okan Ozaltin chief product officer

10x Banking, the transformational cloud-native SaaS core bank operating system founded by former Barclays CEO Antony Jenkins, is delighted to announce the appointment of Okan Ozaltin as its new Chief Product Officer (CPO).

17 August 2023

News/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.

11 August 2023

Research/Banking-as-a-serviceFuture of Report

The Future of Fintech in Latin America 2023

09 August 2023 309 downloads

Company update/wholesale

Treasury Prime and Academy Bank form BaaS partnership

Treasury Prime, a leading embedded banking software company, today announced it is partnering with Academy Bank to bring embedded finance services to its customers in the financial services industry.

31 July 2023

News/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.

27 July 2023

Company update/payments

Verestro unveils Banking-as-a-Service platform

Verestro, a leading provider of innovative financial technology solutions, is proud to announce the launch of its technologically advanced Bank-as-a-Service (BaaS) platform.

25 July 2023

Research/Banking-as-a-serviceFuture of Report

The Future of Fintech in Africa 2023

20 July 2023 571 downloads

Company update/people

Rapyd appoints Shlomit Wagman as global chief regulation and compliance officer

Rapyd, the leading global Fintech-as-a-Service provider, today announced the appointment of Dr. Shlomit Wagman, former Director-General of the Israel Money Laundering and Terror Financing Prohibition Authority (IMPA), Head of the Israeli Delegation to the FATF, Chair of the FATF operational working group, and a Harvard-affiliated scholar, as its Global Chief Regulation and Compliance Officer.

19 July 2023

Research/Banking-as-a-serviceEvent Report

How to Formulate an Actionable Cloud Strategy

13 July 2023 212 downloads

Company update/cloud

NovoPayment unveils new middleware orchestration layer

NovoPayment, a mission-critical financial and payments infrastructure provider, today released Orchestra 2.0, an advanced cloud-based middleware orchestration layer of its industry-leading BaaS platform. Orchestra is designed to help financial institutions quickly modernize their infrastructure in a more secure, scalable, and cost-effective way.

10 July 2023

Company update/inclusion

BaaS firm BKN301 Group lands in Egypt

The internationalization of BKN301 – a fintech company offering Banking-as-a-Service solutions with a focus on high-growth markets – continues with the opening a new office and landing in Egypt.

10 July 2023

Company update/startups

Cheqly launches with Mbanq BaaS platform

Mbanq, the USA-based fintech innovator and global Banking-as-a-Service (BaaS) provider, has announced that Cheqly, a fintech that makes banking simple for startups, has launched utilizing Mbanq’s BaaS platform.

05 July 2023

News/payments

EBAday: The rise of Banking-as-a-service

The final session of EBAday 2023 covered the rise of Banking-as-a-service (BaaS). The PANEL looked at the benefits of BaaS and Payment-as-a-service (PaaS) for financial institutions and whether it will increase efficiency, or diversify revenue.

27 June 2023

News/retail

Bankable buys embedded finance firm Arex Markets

Banking-as-a-Service player Bankable has acquired of Arex Markets, giving the combined company the ability to embed credit and working capital into the payment flows of established neobanks, multinational brands and fintech platforms.

20 June 2023