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

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

News/wealth

Wealthtech OneVest raises CAD$17m

Canadian Wealth-as-a-Service outfit OneVest has raised CAD$17M in Series A funding led by Omers Ventures

15 June 2023

News/retail

FIS buys embedded finance firm Bond

FIS has acquired Banking-as-a-Service outfit Bond in what the fintech giant calls a "small but important purchase" for its platform strategy.

12 June 2023

Company update/wholesale

Qorbis and Mbanq to create personalised financial control solutions

Qorbis, a leading innovator in end-to-end embedded finance and FinTech personalization, today announces its partnership with top Banking-as-a-Service (BaaS) provider, Mbanq, to create a unique financial control and brand enhancement platform for clients.

09 June 2023

Company update/Banking-as-a-service

Central Payments embeds Allied Payment Network Bill Pay into fintech marketplace

Allied Payment Network, Inc. (Allied), the industry leader in real-time, open-network payments solutions to banks and credit unions, announced today it has entered into a partnership with Central Payments, leading Banking-as-a-Service (BaaS) provider of payments technology.

06 June 2023

Company update/payments

Shape Technologies launches payments-platform-as-a-service

Shape Technologies today launches its dynamic payments-platform-as-a-service (“PPaaS"), offering its fully customisable platform to payment service providers (“PSPs”) the world over.

02 June 2023

Company update/payments

BKN301 Group goes live with Finastra for BaaS roll out

Finastra, a global provider of financial software applications and marketplaces, announces that BKN301 Group, a fintech committed to creating a world without financial barriers, has gone live with Finastra’s Essence to bring digital and cross-border payments solutions to San Marino and subsequently emerging markets around the world.

16 May 2023

Company update/cloud

Rapid Finance partners Mambu on LaaS

Rapid Enterprise, a division of Rapid Finance, a market leader in helping small businesses find sustainable and customized financing solutions through a fast and simple application process, announced today from Fintech Nexus USA that its cloud-native digital end-to-end loan origination system (LOS), Decisioneer, is now integrated with Mambu’s cloud-based lending platform.

10 May 2023

Company update/retail

Sagicor Bank Barbados goes live with Mbanq BaaS platform

Sagicor Bank Barbados, the English-speaking Caribbean’s first fully digital bank, has gone live for customers in Barbados. The launch was delivered by Mbanq, the USA-based fintech innovator and global Banking-as-a-Service (BaaS) provider.

08 May 2023

Company update/startups

Paydora Finance unveils white label banking platform

Claudio Wilhelmer (prev. Revolut, NumberX), Matthias Seiderer (prev. Anyline, NumberX) and Christofer Trowe (prev. PPRO, Payback) together with Marko Wenthin (Dock Financial; prev. Solaris, Penta, Sofort) present their new fintech company Paydora Finance: The joint investment of Wenthin’s Banking-as-a-Service specialist Dock Financial and the three founders enables European companies and organisations to offer their own embedded finance solutions based on Paydora’s white label banking platform.

08 May 2023

Company update/predictions

BaaS to drive profound shift in financial services industry

The potential opportunities for banking-as-a-service (BaaS) in Europe could lead to a revolutionary shift in the financial service industry, a report reveals by research firm WhiteSight as commissioned by fintech SaaS provider Toqio.

03 May 2023

Company update/retail

Sila partners Sivo on debt financing

Sila Inc., a fintech software platform that provides banking-as-a-service, and Sivo, a leader in providing founder-friendly, programmatic debt funding - debt-as-a-service - to enable fintechs to lend to their users at scale, today announced that they entered a partnership.

27 April 2023

Research/Banking-as-a-service

Embracing Technology to shape the Future of Digital Banking

20 April 2023 603 downloads

Company update/payments

Intergiro and Incharge join forces

Intergiro, a Banking as a Service (BaaS) platform, has partnered with financial service provider Incharge to launch a new banking app designed to make financial services easier and more accessible for students in Europe.

17 April 2023

Finextra TV/retail

How will technology and changing digital consumer lifestyles shape new banking models?

Speaking to FinextraTV, Sheri Brandon, Chief Market Officer, Northern & Western Europe, Worldline, discusses the impact of digitalisation on banking models and how consumer lifestyles are influencing them.

13 April 2023

News/people

Railsr appoints new CEO following emergency sale

Following its rescue sale last month, embedded banking platform Railsr has brought in a new management team, led by the former boss of blockchain firm Setl, Philippe Morel.

04 April 2023