135 articles tagged with this keyword
News/startups
The Bank of London is set to enter the UK's clearing market with a pre-revenue valuation of $1.1 billion and plans to recruit 3000 staff over the five years.
30 November 2021
News/retail
Russian food retailer, that operates Pyaterochka, Perekrestok and Karusel brands, will uplift loyalty cards and add banking services such as payments, money transfers and rouble-denominated cashback.
19 November 2021
Fintech BM Technologies has agreed to buy community business lender First Sound Bank in a $23 million deal.
15 November 2021
Australian neobank Volt has joined with Open Banking intermediary Frollo to jointly build and launch a new white-labelled banking-as-a-service (BaaS) app that is fully integrated with its core banking system.
News/sustainable
Standard Chartered's innovation arm has enlisted the help of Starling Bank for a digital platform that will help UK savers invest in green and sustainable projects.
08 November 2021
Jumo, a South African and London-based fintech startup that helps the underbanked get access to financial services such as loans and savings products, has raised $120 million with backing from Fidelity and Visa.
Financial app Douugh has sealed a Banking-as-a-Service arrangement with Railsbank to expand its footprint in Australia, followed by a commercial roll out to the UK, Europe and Southeast Asia.
04 November 2021
News/people
Cameron Meindl, Westpac's chief platform officer who has been overseeing the bank's move into the banking-as-a-services arena, has quit after 13 years with the Australian lender.
Savings and investment app Chip has struck a deal with banking-as-a-service provider ClearBank to provide users with FSCS-protected accounts and the ability to deposit and withdraw funds in real-time.
27 October 2021
Startup Bling Card has joined forces with SocGen-owned BaaS player Treezor to develop a prepaid pocket money card and financial education app for kids in Germany.
21 October 2021
News/wholesale
HSBC is working with Oracle NetSuite to launch a Banking-as-a-Service (BaaS) offering that will enable customers to create and provide business banking services through their own platforms.
19 October 2021
News/payments
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.
13 October 2021
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.
29 September 2021
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.
28 September 2021
French banking-as-a-service platform Swan has secured a $16 million equity raise in a funding round led by Accel.
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