Latest Embedded Finance News: Finextra Research

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

News/payments

Embedded payments player Infinicept raises $23m

Embedded payments specialist Infinicept has raised $23 million in a growth equity round led by by SVB Financial Group and Piper Sandler Merchant Banking.

11 May 2022

News/devops

Finastra announces Hack to the Future 4 winners

Finastra has named the winners of its Hack to the Future 4 annual global hackathon.

28 April 2022

News/startups

Stock trading API startup lemon.markets raises €15m

Lemon.markets, a Berlin-based startup that helps firms embed trading services via APIs, has raised €15 million in a seed funding round co-led by Lakestar and Lightspeed.

06 April 2022

News/retail

Cross River scores $620m funding round

Cross River, a US provider of core infrastructure and embedded technology to fintech and crypto companies, has raised $620 million in a round co-led by Eldridge and Andreessen Horowitz.

30 March 2022

News/cloud

ClearBank raises £175m for global expansion

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

Embedded finance network mmob raises £5m

British embedded finance network mmob has closed a £5 million seed funding round to finance a move into new markets, including Malaysia.

09 March 2022

News/wholesale

Hubuc raises $10m for 'AWS of embedded finance'

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/startups

Solarisbank and Contis complete partnership

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/wholesale

Funding Circle moves into embedded finance

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