Banking-as-a-service

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Core banking provider Yobota enters Banking-as-a-Service market

Next-gen core banking provider Yobota has announced its move into the Banking-as-a-Service (BaaS) market through a new partnership with Chetwood Financial.

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Temenos selected by Green Dot for digital bank and BaaS services

Temenos (SIX: TEMN), the banking software company, today announced that Green Dot Corporation (NYSE: GDOT) has enlisted The Temenos Banking Cloud as its platform of choice to power its direct digital bank and banking platform services (or “BaaS”) partners, enabling more feature-rich, secure and streamlined banking and payment experiences for customers, as well as scalable growth.

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Westpac executive Karan Jain joins NayaOne

NayaOne has announced Karan Jain as their new Chief Executive Officer.

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Railsbank opens new global HQ in London

Railsbank the leading global Embedded Finance platform has today announced the opening of its new Global Headquarters in Broadgate, London’s largest pedestrianised neighbourhood in the heart of the financial district.

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M2P Fintech raises US$35 million from Tiger Global

M2P Fintech, Asia's largest API infrastructure company, today announced that it has secured US$35 million in a Series C financing.

/wholesale

Dock acquires Brazilian Banking-as-a-Service provider BPP

Dock, an innovator in financial technology infrastructure across Latin America, announced the acquisition of BPP, a payment institution regulated by the Central Bank of Brazil that specializes in Banking-as-a-Service (BaaS).

/Banking-as-a-service

Mbanq signs with Temenos to launch credit-union-as-a-service platform

Silicon Valley-based Mbanq, a Banking-as-a-Service (BaaS) provider and one of the world’s fastest growing FinTechs, today announced it has signed a strategic agreement with Temenos (SIX: TEMN), the open cloud banking company, to launch an innovative Credit-Union-as-a Service (CUaaS) offering, and to accelerate BaaS adoption across the US.

/people

Monese makes new hires following move into BaaS

Monese, the leading pan-European fintech, today announces the appointment of Atul Choudrie to Managing Director of Monese’s BaaS business, Steve Tryner to CFO and Stephen Chang to VP Operations at Monese. These appointments bring considerable leadership experience to Monese’s BaaS platform and further banking, technology and finance expertise to Monese’s Leadership Team.

/startups

Embedded finance platform Peeled.io gains FCA approval

Fintech Peeled.io has received authorisation from the FCA ahead of launching their embedded finance platform in the UK next month.

/payments

ClearBank expands with new multi-currency offering

ClearBank, the cloud-based clearing bank, announces the launch of a new multi-currency solution which will reduce friction for fintechs and financial institutions who offer cross-border payments and FX capabilities.

/Banking-as-a-service

Mastercard welcomes NymCard as its newest Network Enablement Partner

Mastercard has welcomed the banking-as-a-service (BaaS) provider and modern card issuing platform, NymCard, as the newest company to join its Network Enablement Partner program, providing it with the ability to deliver Issuances in record time.

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