Banking-as-a-service

379 articles tagged with this keyword

/startups

Galileo to power Flyp gamified mobile banking platform

Galileo Financial Technologies, a leading financial technology company owned and operated independently by SoFi Technologies, Inc. (NASDAQ: SOFI), today announced that its API-enabled financial technology powers Flyp. Flyp is a banking app and digital wallet, with gamified rewards, challenges, and quests to attract, engage and retain customers.

/people

BaaS firm Griffin names Maria Campbell COO

Griffin, the UK-based Banking as a Service firm, today announces the promotion of Maria Campbell to Chief Operating Officer. Campbell first joined Griffin in 2021 as Vice President of People.

/payments

Raisin Bank moves into payments through acquisition

German BaaS player Raisin Bank is moving into the payments business after agreeing to buy a Bankhaus August Lenz unit. Financial terms were not disclosed.

/people

Paddle makes senior hires

Paddle, the complete payments infrastructure for SaaS companies, today announces it has appointed Rob Fletcher as its new Chief Customer Officer, and hired Emilie Bierschenk as VP of Global Demand Generation and Rob Konowalchuk as VP of Risk and Compliance.

/retail

Clockwise Credit Union taps Engage from Contis-Solaris for digital current account

One of the UK’s fastest-growing financial co-operatives has partnered with Engage, the community banking-as-a-service division of Contis-Solaris, to launch its own branded credit union debit card and current account.

/retail

Third Coast Bank picks Treasury Prime as BaaS provider

Third Coast Bancshares, Inc. (NASDAQ: TCBX) (the “Company” or “Third Coast”), the bank holding company for Third Coast Bank, SSB, today announced it has selected Treasury Prime, a leading banking-as-a-service (BaaS) company, as its strategic partner for its “future of banking” initiatives.

/startups

Investment-as-a-Service startup Upvest secures $42 million Series B

Upvest, a Berlin-based startup offering a plug-and-play API for fintechs entering the investment market, has secured $42M in Series B financing led by Bessemer Venture Partners.

/wholesale

Weavr expands to Portugal

With summer firmly upon us, Lisbon’s tech scene is beginning to heat up as it welcomes the launch of Plug-and-Play Finance provider, Weavr, to Portugal.

/startups

Mena Banking-as-a-Service player NymCard raises $22.5 million

Abu Dhabi-based banking-as-a-service vendor NymCard has raised $22.5 million in a venture round led by DisruptAD – ADQ’s venture platform, Reciprocal Ventures, and Shorooq Partners

/payments

Railsr adds rewards to embedded banking proposition

Railsr, the leading global embedded finance experiences platform, has launched a new Rewards-as-a-Service (RaaS) product that enables brands to build their own branded rewards programmes.

/people

Contis to increase headcount by 33%

Bucking the trend for lay-offs in the fintech sector, Banking-as-a-Service provider Contis has revealed plans to increase its headcount by more than 33% over the next six months, with the Yorkshire headquartered firm intending to recruit 123 additional roles across the UK, Lithuania and India.

/retail

Railsbank rebrands as Railsr

World-leading embedded finance experiences platform, Railsbank, has changed its name to Railsr, and launched a rewards offering, signifying that it is ready to create and deliver the next evolution in the consumer financial experience.

/payments

OpenPayd and Yapily combine embedded finance and open banking

Global payments and banking-as-a-service (BaaS) platform OpenPayd and open banking platform Yapily have today announced a partnership to deliver innovative payments solutions for businesses in the UK and across Europe.

/payments

KeyBank adds payments to embedded banking platform

KeyBank announced the release of its end-to-end payment facilitation capabilities, allowing software companies to easily own and process payments.

/payments

Matchmove acquires e-commerce firm Shopmatic

Souteast Asian emebedded finance firm MatchMove has acquired e-commerce specialist Shopmatic in a $200 million deal.

/payments

BaaS hits the mainstream for US banks - CCG

CCG’s second annual US banking study titled ‘The Banking Battleground 2022: Finding the opportunities,’ has found that US bank executives are showing strong interest in pursuing and offering Banking-as-a-Service (BaaS) options.

/cloud

TCF 2022: Closing the void between banking and fintech

Banking as a Service (BaaS) and Banking as a Platform (BaaP) were key themes throughout both days of the Temenos Community Forum (TCF). These topics were also hit on during a session about how to scale your business, led by Ross Mallace – speakers executive vice president, global head of SaaS and partner ecosystem at Temenos.

/cloud

TCF 2022: Plug-and-play required for hyper-personalisation

Max Chuard, Temenos CEO, opened the Temenos Community Forum 2022 (TCF) introducing a number of the key themes to be covered during the conference, from embedded finance, to disruptive technologies, disintermediation, new business models, composable services, and sustainability.

/retail

Israeli BaaS player Unit raises $100 million to expand into credit markets

Israeli banking-as-a-Service platform Unit has raised $100 million in a Series C round led by global software investor Insight Partners.