Banking-as-a-service

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/payments

Sodexo Engage taps Railsbank for BIN sponsorship

Railsbank, the leading global Embedded Finance Experience platform, is now the BIN sponsor for the Sodexo Engage Spree Card programme.

/retail

Aazzur and Railsbank extend partnership

Innovative Banking-as-a-Service (BaaS) integrator AAZZUR has expanded its partnership with leading embedded finance experience platform Railsbank.

/people

Digital business bank Grasshopper relaunches with new management and tech partnerships

Grasshopper, the client-first digital business bank, today announced the relaunch of its digital banking platform to meet the shifting demands of small businesses and innovators across the country.

/startups

Open finance startup Upswing raises $4 million from QED Investors

Upswing Financial Technologies, an open finance B2B ecosystem enabler, founded by ex-bankers Anupam Bagchi and Nihar Gupta, has raised $4 million from marquee global fund QED Investors and a clutch of renowned fintech founders.

/wholesale

Factris enters Belgium

Fintech Factris has just launched their financing services to SMEs across Belgium.

/payments

GreenBox POS moves into banking-as-a-service arena with Cross River tie up

GreenBox POS (NASDAQ: GBOX) ("GreenBox" or the "Company"), an emerging and rapidly growing FinTech company announced today that it has entered into a licensing partnership with Cross River, a respected technology driven infrastructure provider that offers embedded financial solutions.

/people

OpenPayd hires ex-Worldpay VP, Daniel Belda as head of product strategy

OpenPayd, a leading global payments and banking-as-a-service platform has today announced the appointment of Daniel Belda as its Head of Product Strategy.

/payments

Treasury Prime adds debit cards to BaaS platform with Arroweye support

Treasury Prime, a leading Banking as a Service (BaaS) company, has selected the only provider of just-in-time payment cards, Arroweye Solutions, as a card production partner.

/retail

Brick raises $8.5m to build a single API layer for open finance in Southeast Asia

Brick has raised $8.5 million of funding in a Seed investment round led by prominent global venture capital investors Flourish Ventures and the global venture capital firm Antler.

/regulation

Treasury Prime rolls out compliance suite

Treasury Prime, the leading Banking as a Service (BaaS) company, is expanding its compliance offerings with a new compliance solution that enables fintech companies to build and launch risk-based compliance programs in weeks.

/startups

Indonesia's Ayoconnect collects $15 million in Series B financing

Ayoconnect, Southeast Asia's largest open finance platform, has closed a $15 million series B financing round led by Tiger Global.

/people

PayPal/Venmo vet Tim Dardis joins Alviere as VP of business development

As traditional brands transition to offering financial services to their customers, increasing the range of products they provide to their customers, Alviere, the leading global embedded fintech company today announced that it has appointed Tim Dardis Vice President of Business Development and Strategy.

/retail

Oliver Wyman launches plug and play banking and insurance platform

Oliver Wyman Digital today announced the launch of Edge, a digital platform with Banking-as-a-Service (BaaS) and Insurance-as-a-Service (IaaS) solutions to help incumbent banks and digital challengers accelerate their digital ventures and elevate their customer experience.

/payments

Netbank switches on BaaS service in the Philippines

Netbank, the banking as a service platform, has launched a service that allows international payment companies to support trade and transactions in the Philippines.

/people

Paddle appoints Andrew Davies as CMO

Paddle, the provider of a complete payments infrastructure for Software-as-a-Service (SaaS) companies, today announces the appointment of Andrew Davies as Chief Marketing Officer as the company continues to build out its leadership team to pursue its global ambitions.

/payments

Contis adds Ecospend to banking-as-a-service platform

Ecospend, the leading UK provider of Open Banking technology, has today announced that it is partnering with Contis, the leading pan European Banking-as-a-Service (BaaS) provider.

/payments

Embedded finance company Rupifi raises $25m Series A

Rupifi, India’s 1st Embedded Finance company which operates in the B2B Payments space through its B2B Buy Now Pay Later (BNPL) and SME focused Commercial Card products, has raised a $25M Series-A round led by Bessemer Venture Partners and Tiger Global. Existing Investors Quona Capital and Ankur Capital also participated in this round, along with Better Capital. Founded in 2020 by Anubhav Jain, Ankit Singh and Jawaid Iqbal, this is Rupifi’s second investment round within a span of 9 months, since its Pre-Series A in March 2021.

/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.

/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.

/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.

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