Latest Embedded Finance News: Finextra Research

Global FS sector finds appetite for open finance

There is a growing appetite for the next evolutionary step in open banking - open finance - within the global FS sector, with nearly half of senior professionals considering it a "must have" in the context of data sharing.

07 December 2022

Company update/people

BankiFi appoints Fred Dumas as chairman of North American operations

BankiFi, a leading provider of embedded banking solutions, has appointed Fred Dumas as the new Chairman of the Board for BankiFi Americas.

29 November 2022

Company update/retail

SBM Bank India forms partnership with embedded finance platform Zwitch

SBM Bank India and OPEN Financial Technologies Pvt Ltd today announced a strategic partnership for launching Asia’s first end-to-end Embedded Finance platform- Zwitch- to offer a no-code, low-code and full-stack API solution that enables fintechs to build their own financial products using Zwitch’s technology stack, comprising of a drag-drop dashboard, low code plugins along with 300+ APIs.

29 November 2022

News/payments

Appetite growing for embedded finance in mobility sector - Solaris

Research conducted by Solaris and the Handelsblatt Research Institute explores how embedded finance opportunities are opening up in the European mobility sector.

25 November 2022

News/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.

24 November 2022

Company update/retail

Railsr releases embedded banking dashboard

Railsr, the leading global embedded finance experiences platform, has launched Insights, a dashboard to empower brands to track, manage and enhance the end-to-end experiences of their customers.

23 November 2022

News/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.

09 November 2022

Company update/payments

Revolv3 and Infinicept strike payments partnership

Subscription billing SaaS platform, Revolv3, announced today a partnership with Infinicept, the leading provider of embedded payments solutions.

07 November 2022

Company update/retail

Weavr opens office in Singapore

Weavr, a London-headquartered technology provider that empowers businesses with plug-and-play embedded finance solutions, is today announcing its launch in Singapore.

02 November 2022

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.

27 October 2022

Company update/payments

Cross River extends embedded banking capabilities to Amex network

Cross River Bank (Cross River), a technology infrastructure provider that offers embedded financial solutions, today announced a new collaboration with American Express that allows Cross River to issue credit cards on behalf of fintechs on the American Express network.

24 October 2022

Company update/payments

Adyen extends embedded finance proposition

Adyen, the global financial technology platform of choice for leading businesses, has broadened its offering by taking live two new embedded financial products – Capital and Accounts – which are now available to platform and marketplace businesses in the US and Europe via Adyen’s single integration.

24 October 2022

News/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

21 October 2022

Research/Embedded Finance

The Future of Digital Banking in North America 2023

21 October 2022 1154 downloads

Company update/payments

SD Worx taps Modulr for faster payments for workforces

International HR and Payroll services provider, SD Worx, is further investing in people-based fintech solutions for its customers by partnering with Modulr, the embedded payments platform that facilitates faster payroll payments.

17 October 2022

News/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.

17 October 2022

Company update/wholesale

B2B lender MarketFinance secures £30 million credit facility

MarketFinance, the leading fintech credit and payments company, has secured a £30m credit facility from Viola, the Israeli technology investment group, to expand its B2B Pay Later embedded finance offering for SMEs.

11 October 2022

Company update/payments

LuLu Exchange launches open banking service platform in partnership with Wio Bank

In a gamechanger of sorts, LuLu Financial Group – one of UAE’s leading financial services company, has joined hands with Wio Bank – the region’s first platform bank, to allow Wio Business customers to make account deposits through its network of LuLu Exchange branches.

10 October 2022