85 results about this entity
Period: 06 Sep 2016 - 29 Apr 2025
Company announcement/retail
The consortium of funds managed by TowerBrook Capital Partners L.P., funds managed by J.C. Flowers & Co., and Railsr shareholders led by D Squared Capital and Moneta, has completed its acquisition of Railsr.
29 April 2025
News/retail
The long-trailed merger of embedded banking platform Railsr and payments firm Equals Group is set to go ahead through a £283 million takeover deal.
12 December 2024
Company announcement/wholesale
On 1 November 2023 the Board of Equals announced that it is conducting a review of the Company’s strategic options (the “Strategic Review”) and that as part of this process, the Company has contacted a limited number of potential counterparties including Madison Dearborn Partners, LLC (“MDP”), to assess whether such parties could put forward a proposal that would deliver greater value to Equals’ shareholders than pursuing a standalone independent strategy (the "Strategic Review").
15 May 2024
News/payments
Embedded Finance, Railsr's parent company, has approached Equals Group for a merger of the two companies, Sky News reports.
20 March 2024
News/people
Former chancellor Philip Hammond has been appointed as chairman of Railsr, the embedded banking platform that was rescued from liquidation last year.
29 February 2024
Railsr, the UK-based embedded finance startup, has pulled in $24m in its latest series of fundraising.
30 October 2023
News/regulation
A former subsidiary of failed embedded banking platform Railsr has had its licence revoked by the Bank of Lithuania over “serious violations” of AML and payments laws.
22 June 2023
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
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
Embedded banking platform Railsr is closing in on a sale through a so-called "pre-pack administration" process, according to Bloomberg.
07 March 2023
A subsidiary of embedded banking platform Railsr is being investigated by the Bank of Lithuania over concerns it has been "grossly and systematically" violating money laundering and terrorist financing laws.
17 February 2023
African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, which has been hit hard by inflationary pressures, rising interest rates, cashflow pressures and VC pullback.
10 January 2023
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.