147 articles tagged with this keyword
News/payments
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.
28 March 2022
News/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.
23 March 2022
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.
21 March 2022
News/startups
A new digital banking platform is launching in Italy to help micro enterprises and the self-employed with their administration and financial management.
10 March 2022
News/devops
Finextra has today announced a partnership with financial services software provider, Finastra, for its annual event, Hack to the Future.
08 March 2022
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.
03 March 2022
News/wholesale
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.
24 February 2022
News/crypto
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.
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.
22 February 2022
Berlin-based banking-as-a-service platform Solarisbank and Contis have today completed their previously disclosed partnership, bringing their combined revenue to €100 million.
28 January 2022
News/retail
Indian embedded finance firm M2P has raised $56 million to expand its suite of API-based services internationally.
20 January 2022
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.
02 December 2021
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
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.
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