Latest Embedded Finance News: Finextra Research

YouLend secures $1 billion three-year financing facility with Castlelake

YouLend, a global embedded financing platform today announces that it has secured a new financing facility with funds managed by Castlelake, a global alternative investment firm that specializes in asset-based private credit.

24 October 2024

Company update/retail

Europe losing the SaaS embedded finance race as US strides ahead

Europe’s banks and financial services players are seriously lagging behind those in the U.S. in the embedded finance race, according to research by payment consultancies PSE Consulting and TSG (The Strawhecker Group).

24 October 2024

News/cloud

Green Dot launches embedded finance brand

Digital bank and fintech provider Green Dot has launched an embedded finance brand and platform of services.

23 October 2024

Finextra TV/Sibos

How Will New Technologies Shape the Future of Payments?

In an interview with FinextraTV in the lead-up to Sibos 2024, Pilar Fragalà, Chief Commercial Officer of CBI, explores the impact of digital technologies and regulations on payment services. Highlighting the role of AI, APIs, and blockchain in enhancing security and speed, while PSD2 and PSD3 drive open banking and consumer protection, the discussion focuses on innovations like embedded finance and instant payments that offer transparency and flexibility. Addressing growing fraud risks, the interview examines how technology can prevent fraudulent transactions by verifying IBAN and beneficiary details in real time.

23 October 2024

Company update/payments

MeaWallet enhances digital card programme for embedded finance provider Toqio

MeaWallet, a leading digital payments enabler specialising in card tokenization, proudly announces its partnership with Toqio, a leading technology platform for B2B embedded finance for businesses, to enhance its digital card capabilities for corporate customers in the UK and Spain.

22 October 2024

Company update/payments

Invex Ventures acquires UK fintech Manigo

Manigo, a London-based fintech infrastructure platform, today announces that it has been acquired by established Fintech investment firm Invex Ventures.

15 October 2024

Research/Embedded FinanceFuture of Report

The Future of Embedded Finance in Africa 2025

10 October 2024 320 downloads

News/payments

Worldline moves into embedded payments market

Worldline is moving into embedded payments via a partnership with Online Payment Platform (OPP), a provider of payment technology for platforms and marketplaces.

09 October 2024

Company update/payments

Zūm Rails taps Fiserv embedded finance capabilities

Zūm Rails, the company merging open banking and instant payments so businesses can use any payment rails they want from a single platform, today announced it is utilizing embedded finance capabilities from Fiserv, a leading global provider of payments and financial technology, to enable payments and financial services for U.S. businesses.

03 October 2024

News/wholesale

HSBC launches embedded finance venture

HSBC has partnered B2B global trade network Tradeshift on a joint venture offering embedded finance solutions to business clients.

03 October 2024

News/payments

India's PayMate agrees $400m DigiAsia deal for Indonesian play

Indian business-to-business payments firm PayMate is plotting a move into Indonesian through the $400 million acquisition of a DigiAsia subsidiary.

25 September 2024

Company update/payments

B2B payments startup Apron raises $30m

Apron, the business payments powerhouse, has raised a $30 million Series B funding round to help more small business owners make it by digitising and simplifying the payments process, and bring greater security to these companies’ cash flow.

25 September 2024

Company update/retail

Koho and Propel form lending partnership

KOHO announces today their new partnership with Propel Holdings Inc. (“Propel”) (TSX: PRL). Through its Canadian brand Fora Credit, Propel will act as KOHO’s exclusive embedded lending partner. The partnership will allow qualified KOHO users to access a line of credit through Propel’s AI-powered lending platform within the KOHO app.

20 September 2024

Company update/payments

Watermelon Ecosystem partners with Biz2X for embedded lending and invoice financing

Biz2X, a global fintech headquartered in New York City whose small business finance platform is used across countries like the U.S., India and Australia with over $10 billion USD funded to date, today announced that the technology platform is powering a new SME financing program from food & beverage platform company, Watermelon Ecosystem.

20 September 2024

News/people

Former TSB boss Pester becomes chair of wealthtech startup Firenze

Former TSB and Virgin Money boss Paul Pester has taken on the role of chair at Firenze, a Manchester-based embedded finance startup that helps wealth managers offers customers loans secured against their investment pots.

19 September 2024

Company update/payments

Brex introduces embedded APIs

Brex, the corporate card and spend management platform for startups and enterprises, today announced Brex Embedded payments – a new API-driven payments solution that makes it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards.

19 September 2024

Company update/payments

Brex lauches embedded payments product

Brex, the corporate card and spend management platform for startups and enterprises, today announced Brex Embedded payments – a new API-driven payments solution that makes it easy for B2B software vendors to accelerate customer workflows with Brex virtual cards.

18 September 2024

Company update/payments

BKN301 introduces new payment account

BKN301 Group, a London-based leading digital payments and Banking-as-a-Service (BaaS) provider with a focus in the EMEA region, unveiled its latest innovative payment solution, ‘301 Retail Account.’

10 September 2024

Company update/retail

Income Group taps Griffin for savings accounts

Income Group, an innovative fintech dedicated to improving engagement between employees and employers, has partnered with Griffin, the UK’s leading bank for fintechs.

04 September 2024

Company update/people

Swiss fintech Yapeal appoints Michael Eidel as new CEO and secures fresh capital

Swiss Fintech company Yapeal has appointed Michael Eidel as the new Chief Executive Officer. Michael Eidel brings extensive international experience from leadership positions in financial institutions and technology companies.

02 September 2024