Banking-as-a-service

403 articles tagged with this keyword

/payments

Acquired.com launches solution for Variable Recurring Payments adoption

Acquired.com, the next generation payments business powering recurring commerce, today announces its participation as a founding member of a landmark industry initiative to fund the creation of a new independent operator dedicated to advancing Commercial Variable Recurring Payments (cVRPs), coordinated by Open Banking Limited.

/payments

Finova rebrands, powering 1 in 5 UK mortgages

Finova, one of the UK’s leading mortgage and savings technology providers, today launches its new brand identity following a transformative year of strategic growth. The rebrand follows the merger with MSO (a carve out from Iress), funded by investment from Bain Capital Tech Opportunities, Octagon Capital and the Finova management team.

/payments

The 150 leading organisations confirmed to attend NextGen Nordics 2025

The Nordic region has long stood at the forefront of digital payments, open banking, and financial technology. This legacy of innovation continues at full pace with the return of NextGen Nordics, a premier event gathering the most influential players in the financial services ecosystem. Set against the dynamic backdrop of the Nordic fintech scene, the 2025 edition of NextGen Nordics on 29 April 2025 at the Münchenbryggeriet in Stockholm, Sweden promises to be the most impactful yet.

/retail

BaaS platform BKN301 completes £18.6 million Series B

BKN301, a digital payments and Banking-as-a-Service startup, has raised £18.6 million to support international expansion and strategic acquisitions.

/retail

BaaS platform Solid files for bankruptcy

US Banking-as-a-Service platform Solid has filed for Chapter 11 bankruptcy protection.

/retail

10x opens exploratory talks over possible sale

Former Barclays chief Antony Jenkins is reportedly weighing a sale of 10x, the core banking startup he founded almost a decade ago.

/retail

The Importance of Trust, Transparency and Technology in Community Banking

Virtually joining the FinextraTV studio, Rick Sowers, President & CEO, CalPrivate Bank gives an insight into the world of community banking. As well as defining the difference between a community bank and a larger one, Sowers explains the fundamental importance of having trust in who you bank with and how technology continues to shape the future.

/payments

Mena Banking-as-a-Service player NymCard raises $33 million

Abu Dhabi-based banking-as-a-Service vendor NymCard has secured $33 million in a Series B funding round.

/payments

BaaS platform Synctera raises $15m

Banking-as-a-Service player Synctera has raised $15 million in funding and signed online checkout giant Bolt as a customer.

/people

Natech appoints CTO and CPO

Natech appoints George Nikolaropoulos to CTO and George Rogkakos to CPO with commitment to becoming world-class product-driven banking technology company.

/payments

Lendela partners with Revive Financial for debt solutions in Australia

Lendela, Australia’s dominant loan matching platform, today announced a strategic partnership with Revive Financial, Australia’s largest debt relief and management firm. The collaboration aims to empower Australians who struggle to secure loans due to financial distress by offering them tailored debt solutions to regain financial stability.

/people

Kotapay appoints Heather Schumacher head, cards and BaaS operations

Kotapay is pleased to announce the appointment of Heather Schumacher head of Cards and BaaS Operations. In this role, Heather will lead our credit and debit card operations, as well as deployment and availability of the Kavinu platform.

/retail

Tomorrow introduces savings accounts with Solaris

German sustainable mobile banking provider Tomorrow – a long-term partner of Europe’s leading embedded finance platform Solaris – introduced a new savings account to complement its existing suite of banking products.

/payments

NextGen Nordics 2025 agenda to cover DORA, VoP, CBDC, instant payments, fraud, and GenAI

Give the future of payments the green light at the Münchenbryggeriet in Stockholm, Sweden on 29 April 2025 where the stage will be set for a transformative shift in financial services. NextGen Nordics will gather core decision-makers, stakeholders, and experts within the payments sector to focus on digital resilience, advanced technologies, regulatory frameworks, and set a course of action for the financial ecosystem of tomorrow.

/retail

NCino buys Sandbox Banking

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the acquisition of Sandbox Banking, a digital transformation leader serving the financial services industry.

/payments

Rapyd in talks over $300m raise at big valuation cut

Payments-as-a-Service platform Rapyd is in talks to raise $300 million at less than half the valuation it secured in a 2021 funding round, according to Bloomberg.

/people

Lunar hires Nanna Bergmann to lead BaaS spinoff

Nordic challenger Lunar has appointed The Bank of London's Nanna Bergmann to lead Moonrise, its newly established standalone Banking-as-a-Service entity.

/retail

Solaris clinches €140 million funding round

German Banking-as-a-Service platform Solaris has secured a €140 million financing round.

/retail

Embedded banking startup Swan raises €44 million

French banking-as-a-service platform Swan has raised a further €44 million to support its EU expansion and product diversity strategy.

/crime

American Express pays $230 million for alleged deceptive sales

American Express has agreed to pay $230 million to settle charges for alleged deceptive sales of credit card and wire transfer products to small business customers.