Latest Banking-as-a-service News: Finextra Research

Piraeus to launch independent digital bank

Piraeus Bank is to build a new online-only independent bank for customers in Greece and the rest of the European market, capitalising on digital trends in banking-as-a-service and buy now, pay later.

07 April 2022

Company update/startups

Fidel API raises $65 million Series B

Fidel API, a global financial infrastructure platform, today announced it has raised $65 million in Series B funding.

06 April 2022

Company update/payments

BankiFi debuts Open Cash Management platform

Banking technology provider, BankiFi, has today launched its Open Cash Management platform.

06 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/devops

ADGM and Finastra join forces for ‘Hack to the Future 4’

The Abu Dhabi Global Market (ADGM) has partnered with Finastra for its globally renowned fintech hackathon, Hack to the Future 4.

01 April 2022

News/wholesale

MarketFinance eyes Unicorn status on move into embedded finance

Hitting profitability in 2021, digital lender MarketFinance is wading into the embedded finance market as it shoots for Unicorn status.

31 March 2022

Company update/payments

Singapore's Wallet Engine picks Mambu to fast-track development of wallet-as-a-service offering

Singapore fintech Wallet Engine has partnered with leading cloud banking platform Mambu to fast-track the development of its innovative wallet-as-a-service offering, which aims to become the go-to solution to embed financial services into any app or user experience.

31 March 2022

News/payments

Banking as a service gaining unstoppable momentum

Almost 85% of senior executives surveyed are already implementing Banking as a Service (BaaS), or are planning to in the next 12-18 months, says a market assessment report published by financial software company Finastra today.

28 March 2022

Company update/crypto

Alviere adds crypto products to embedded finance platform

Alviere, the leading global embedded fintech that enables any brand to deliver a full suite of financial products and services to customers, fans and employees, today announced a partnership with Coinbase Prime, a service of Coinbase Global Inc. (NASDAQ: COIN), to provide crypto services into Alviere’s embedded finance platform, The HIVE.

24 March 2022

News/cloud

Mizuho to shift operations to Google Cloud

Japan's Mizuho is to move into the banking-as-a-service market and re-engineer its operations through an alliance with Google Cloud.

23 March 2022

Company update/retail

Solarisbank partners with neobroker fina to launch securities brokerage product

Solarisbank, Europe’s leading Banking-as-a-Service platform, today announced a partnership with Berlin-based neobroker fina to bring its white-label securities brokerage solution to the market.

23 March 2022

Company update/retail

Hawk AI and Weavr to deliver contextual risk management for embedded finance

Hawk AI, Germany’s leading software provider of anti-money laundering surveillance technology for banks, payment firms, and fintechs, today announced a new partnership with Weavr, the technology company that makes it simple for any business to embed financial services into their digital applications.

23 March 2022

Company update/people

Monese appoints Alistair Bennett as chief product officer

Monese, the leading pan-European fintech, today announces the appointment of Alistair Bennett to Chief Product Officer.

22 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

Company update/retail

Aazzur and Treezor form BaaS partnership

Aazzur has signed a sales partnership with European Banking-as-a-Service (BaaS) leader Treezor to enable both companies to expand their customer base and strengthen their BaaS offering.

18 March 2022

Company update/regulation

Treezor secures full raft of payment service licences from French regulator

Treezor, the European leader in Banking-as-a-Service (BaaS), obtains authorization from the ACPR to expand its activities and now has all the payment service licenses (from 1 to 8).

15 March 2022

Research/Banking-as-a-service

Cloud, the Critical Component to Power New Business Models

11 March 2022 395 downloads

Company update/people

OpenPayd hires Barry O’Sullivan as head of payments infrastructure

OpenPayd, a leading global payments and Banking-as-a-Service (BaaS) platform has today announced the appointment of Barry O’Sullivan as its Head of Payments Infrastructure.

10 March 2022

Company update/payments

Sodexo Engage taps Railsbank for BIN sponsorship

Railsbank, the leading global Embedded Finance Experience platform, is now the BIN sponsor for the Sodexo Engage Spree Card programme.

10 March 2022

News/startups

Italian banking platform for micro entrepreneurs launches

A new digital banking platform is launching in Italy to help micro enterprises and the self-employed with their administration and financial management.

10 March 2022