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

Company update/people

Michael Pierce joins Toqio as VP of sales

Embedded finance SaaS provider Toqio has announced a new Vice President of Sales. With over 14 years of experience in finance and technical sales, Michael Pierce joins Toqio to lead its commercial and marketing teams.

25 May 2023

Finextra TV/cloud

Empowering Business with Embedded Finance

Speaking at TCF 2023, Robert Wint, Senior Product Director, Business Banking, Temenos, discusses the key trends in SME banking, the benefits small businesses can gain through embedded finance and how technology enables banks to provide better services to SMEs.

24 May 2023

Company update/Embedded Finance

Paynetics to acquire payments app provider Phyre

Paynetics has agreed to acquire Phyre, one of Europe’s leading digital payments application (app) providers.

23 May 2023

News/payments

Fifth Third acquires embedded payments platform Rize Money

Fifth Third Bancorp has acquired embedded payments platform Rize Money as part of staretegy to grow its treasury management business.

23 May 2023

Company update/retail

Swan open sources no-code banking interfaces

Swan, the emerging leader in embedded finance, has open-sourced its no-code banking interfaces and reduced the time to market of new pilots by 75%.

17 May 2023

Company update/startups

Aazzur receives investment from Tyr Ventures

Berlin-based AAZZUR is pleased to announce its recent investment from Tyr Ventures, an early-stage venture capital firm based in Sierra Madre, CA.

16 May 2023

News/payments

Citi builds embedded payments suite with POS instalment loans and lines of credit

Citi Retail Services is boosting its embedded payments capabilities by enabling merchants to offer lines of credit and instalment loans at the point of sale.

16 May 2023

Company update/retail

Tyr Ventures invests in Aazzur

Berlin-based AAZZUR is pleased to announce its recent investment from Tyr Ventures, an early-stage venture capital firm based in Sierra Madre, CA.

09 May 2023

Company update/payments

Velmie adds card module to white label emebedded finance package

Velmie, a Fintech software provider, announced a release of an updated composable white-label solution to build and launch a fintech business in the fastest and easiest way.

04 May 2023

Research/Embedded Finance

Embracing Technology to shape the Future of Digital Banking

20 April 2023 602 downloads

Company update/payments

Paynetics granted UK EMI License by the FCA

Paynetics UK has received its Electronic Money Institution (EMI) licence from the UK’s Financial Conduct Authority (FCA).

12 April 2023

News/people

Railsr appoints new CEO following emergency sale

Following its rescue sale last month, embedded banking platform Railsr has brought in a new management team, led by the former boss of blockchain firm Setl, Philippe Morel.

04 April 2023

Research/Embedded FinanceImpact Study

How banks can expand the omnichannel for virtual signing experiences

31 March 2023 189 downloads

Company update/wholesale

Penny unveils embedded finance proposition

Leading digital lender Penny has announced the launch of their partner integration solution, Penny Connect.

30 March 2023

Company update/crime

Treasury Prime partners Cable on financial crime compliance monitoring

Treasury Prime, a leading embedded banking software platform, today announced a partnership with Cable, an all-in-one financial crime compliance effectiveness testing platform, to enhance compliance assurance and testing capabilities for Treasury Prime customers.

29 March 2023

News/payments

Checkout.com moves into card issuing

Online payments firm Checkout.com is pushing into embedded finance with the addition of card issuing to its stack.

22 March 2023

Company update/wholesale

SAP Fioneer unveils B2B embedded finance platform

SAP Fioneer, a leading global provider of financial services software solutions and platforms, has announced the launch of “Fioneer Embedded Finance as a Service” (EFaaS), the world’s first B2B embedded finance platform facilitating orchestration between SAP users and Financial Service Institutions (FSIs).

22 March 2023

News/startups

Monite doubles seed round to $10m

API-first embedded finance workflows startup Monite has raised another $5 million, doubling its seed funding round to $10 million.

20 March 2023

News/payments

Railsr agrees rescue sale to investors

Embedded banking platform Railsr has been saved from collapse after agreeing a sale to a consortium of investors led by D Square Capital. Terms of the deal were not disclosed.

09 March 2023

News/retail

Railsr could be sold in pre-pack administration process

Embedded banking platform Railsr is closing in on a sale through a so-called "pre-pack administration" process, according to Bloomberg.

07 March 2023