Latest Embedded Finance News: Finextra Research

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

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

News/retail

Rabobank partners Bizcuit for embedded invoice financing

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

07 October 2022

News/retail

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

Company update/payments

Weavr signs Gigable for embedded finance

Gigable, the equitable gig economy platform that connects businesses with flexible workers, is partnering with embedded finance specialist Weavr, to enhance its payments and business banking infrastructure to transform how gig workers access earnings and control finances.

04 October 2022

Research/Embedded Finance

SaaS: The case for building a new banking business model

03 October 2022 519 downloads

News/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.

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

Company update/retail

Liberis raises $140m in debt funding

Liberis, a leading global embedded business finance platform, today announced that they have secured £140m in financing from Barclays Bank PLC and BCI Finance to help secure its global partner expansion and growth plans for the next two years.

28 September 2022

Company update/payments

EToro connects with OpenPayd for embedded finance

eToro, the world’s leading social investment platform, today announced a major partnership with Banking-as-a-Service infrastructure provider OpenPayd to power eToro Money accounts throughout Europe.

27 September 2022

Company update/payments

Pomelo prepares for expansion of platform business

Fintech platform Pomelo today announces preparations to support the expansion of its Payment Platform as a Service (PPaaS) offering with a brand uplift and a wider regional presence in Asia and Europe.

27 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

Company update/payments

Weavr updates product suite with Apple Pay and Google Wallet support for embedded cards

London-based Weavr announces an update that adds a new level of convenience for cardholders to add their cards to Apple Pay and Google Wallet, improving digital security and card usage, and in turn fuelling transaction growth for embedded finance innovators.

22 September 2022

Company update/people

BankiFi names Sensibill's Danny Piangerelli as new CTO

Building on its recently announced North American expansion, BankiFi has appointed Danny Piangerelli, formerly of Malauzai Software and Sensibill, highlighting the company’s commitment to targeted technology innovation for the North American market.

21 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

Company update/payments

UNIPaaS attracts Purl Partners as investor

UNIPaaS, an Embedded Finance solution for digital marketplaces and B2B SaaS companies, announced today that Purl Partners joined as an engaged shareholder and member of the Advisory Board in order to add to its mission of providing the power of embedded finance to Digital Platforms and their 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