Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Railsr raises $46 million

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

04 October 2022

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.

30 September 2022

News/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.

30 September 2022

News/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.

26 September 2022

News/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.

15 September 2022

News/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.

15 September 2022

News/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.

14 September 2022

News/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.

06 September 2022

News/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.

31 August 2022

News/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

15 August 2022

News/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.

26 July 2022

News/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.

06 July 2022

News/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.

06 July 2022

News/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.

05 July 2022

News/payments

Finastra launches BNPL alternative

Following the news of Finastra’s new product, an embedded consumer lending solution, Finastra’s senior director of solution management, Banking-as-a-Service (BaaS), and orchestration, Jeannette Kescenovitz comments on the new service.

01 July 2022

News/cloud

Minna Bank hits 1 million app downloads in first year

Minna Bank, Japan’s first digital bank, has notched up over 1 million app downloads, and over 400,000 new accounts in their first 12 months.

17 June 2022

News/payments

Money 20/20 EU: When payments become an experience

Finextra caught up with Scarlett Sieber, chief strategy and growth officer at Money 20/20, and Sophie Guibaud, co-founder and chief commercial growth officer at Fiat Republic, to discuss the launch of their book 'Embedded Finance: When Payments Become An Experience.'

10 June 2022

News/payments

EBAday 2022: Cloud is a core pillar of payments, but it’s not magic

Kicking off an afternoon of sessions at EBAday 2022 in Vienna on how technology can take payments to the next level, Patricia Hines, head of corporate banking research, Celent moderated a panel with Patrice Amann, regional business lead – EMEA financial services, Microsoft; Philipp Höfer, group product owner cash management, Raiffeisen Bank International; Jon Lloyd, head of customer success for Europe, Form3; and Steve Wright, principal commercial consultant, Lusis Payments and Consultant, Hewlett Packard Enterprise.

31 May 2022

News/payments

EBAday 2022: Visible hurdles of invisible payments

It is well understood that evolving business ecosystems promoting a frictionless payment experience for consumers, but what are the trends regarding embedded payments? What new products, services, and transaction models enable next-generation payments? And importantly, what are the hurdles that financial institutions and fintechs are yet to overcome?

31 May 2022

News/payments

Embedded payments platform Modulr snags £83 million in Series C funding

Payments-as-a-Service platform Modulr has raised £83 million in a Series C funding round led by General Atlantic.

18 May 2022