Embedded Finance

95 articles tagged with this keyword

/payments

ClearBank to expand internationally after hitting profitability

Embedded banking provider Clearbank has reached profitability after tripling 2022 year-to-date revenues compared to the same period last year.

/retail

Railsr explores sale - Sky News

Embedded finance platform Railsr is exploring a sale weeks after closing a discounted funding round, according to Sky News.

/retail

Raisin migrates to Clearbank

Savings and investment fintech Raisin is migrating its UK banking platform to emebedded banking outfit Clearbank, in the process gaining access to FSCS protected accounts and faster payment rails.

/startups

UK's IoD sets up fintech group

The UK's Institute of Directors has launched a special interest group designed to boost the UK's fintech sector

/people

Stripe taps Meta's Sharma to lead new revenue and financial management team

Stripe has appointed Microsoft and Meta veteran Vivek Sharma as its first head of revenue and financial management.

/retail

Rabobank partners Bizcuit for embedded invoice financing

Rabobank has teamed up with Dutch SME app Bizcuit to offer businesses integrated invoice financing.

/retail

Railsr raises $46 million

Embedded finance platform Railsr has closed on a $46 million Series C round of combined equity and debt.

/payments

Mastercard partners Inswitch on embedded payments in Latin America

Mastercard has joined forces with fintech Inswitch to launch embedded payments and issuing programmes across industries in Latin America.

/startups

Fintech SaaS provider Toqio secures €20 million in fresh funding

London headquartered Toqio has secured €20 million for its software-as-a-service model for building embedded banking services.

/retail

Embedded finance platform Shaype raises A$33m

Australian embedded finance platform Shaype has raised A$33 million in a Series C funding round led by Regal Funds Management.

/payments

Goldman Sachs partners Modern Treasury to push embedded payments

Goldman Sachs is joining forces with fintech Modern Treasury to bring embedded payments to corporate customers.

/startups

Wio launches 'platform bank' in UAE

Wio Bank has launched as the first "platform bank" in the UAE, offering apps, embedded finance and BaaS offerings in the region.

/retail

Embedded finance set for explosive growth

Embedded finance is set to redefine how consumers and businesses build and manage relationships with financial services, according to research which predicts that its transaction value will double in the US to $7 trillion by 2026.

/devops

KPMG preps Singapore embedded finance hub

KPMG is launching an embedded finance hub in Singapore, providing support to firms looking to make inroads into financial areas such as payments, blockchain and lending.

/people

Railsr hires former Mastercard chairman Rick Haythornthwaite

Embedded finance platform Railsr has hired the former chairman of Mastercard and the World Wide Web Foundation , Rick Haythornthwaite, as its first chairman.

/wholesale

BankiFi secures £4 million for expansion into US

Machester-based fintech BankiFi has secured £4 million in funding to take its embedded bank-to-SME platform into new markets, with a focus on North America following the recent establishment of a US sales office

/payments

Solarisbank rebrands as Solaris

Embedded finance platform Solarisbank has announced a name change to Solaris, as the legal status of the fintech company changes from a German AG to an international SE, Societas Europaea.

/payments

60% of UK adults have used embedded finance services in the past year - Temenos

Research conducted by Temenos has concluded that two out of three adults have used embedded finance services during the checkout process online in the past year.

/markets

Sonovate lands £165million deal with BNP Paribas and M&G Investments

UK fintech Sonovate has unveiled a substantial securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding.

/markets

VC investment in embedded finance doubled in 2021 across EU and US

A report by Stripe and Finch Capital has found that VC investments in embedded finance doubled between 2020 and 2021 across Europe and North America.