Embedded Finance

153 articles tagged with this keyword

/payments

OpenPayd announces real-time payments capability via Pix

Today, the global provider of embedded finance infrastructure, OpenPayd, announces its clients can now send and receive payments via Pix, the Brazilian real-time payment network.

/startups

Embedded payments startup Rainforest raises $20 million

Rainforest, a payment provider purpose-built for software platforms, today announced it has raised an oversubscribed $20 million Series A funding round led by Matrix Partners.

/wholesale

Paycorp expands into embedded business funding in South Africa and the UK

Paycorp, a global leader in payment solutions, continues shaping the future of payments across Southern Africa, Central and Eastern Europe, and the UK.

/payments

PayPal leads $20m round for Gynger

Gynger, the first embedded financing platform for technology purchases, announces that it has raised $20 million in Series A funding, led by PayPal Ventures, with participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures and Deciens Capital.

/payments

Aazzur wins Mastercard pitch competition

AAZZUR, an innovator in embedded finance and fintech orchestration, is excited to announce its success in the pitch round at the Mastercard Fintech Forum 2024.

/retail

Euro Banking Association publishes paper on navigating the path to embedded finance

The Euro Banking Association (EBA) today released a report on “Navigating the path to embedded finance”.

/retail

Yapily integrates with mmob embedded finance platform

Yapily, a leading provider of open banking solutions across UK and Europe, is delighted to announce its partnership with mmob, an embedded finance enabler known for its universal API adaptor.

/retail

Wio Bank reports profitability in first full year

Wio Bank PJSC, the region's first platform bank built to serve tomorrow’s customers, has announced its financial results for the fiscal year 2023, underscoring its rapid journey to profitability. As a leading choice for SMEs, the company reported a revenue of AED 266.4 million and a net profit of AED 2 million, marking its first full year of operations with impressive profitability since its launch in September 2022.

/payments

Leap Financial teams with Mastercard on embedded remittance service

Leap Financial, a company at the intersection of fintech, AI, and cultural insight, has partnered with Mastercard to launch an Embedded Remittance service.

/payments

Atomic launches embedded subscription tool

Atomic, the leader in payroll connectivity, has launched PayLink Manage, a subscription management technology designed to help account holders seamlessly view, update and optimize all their recurring payments directly within their financial institution’s app, helping them to take action to cut unnecessary spending and be better with their money.

/inclusion

Mastercard collaborates with embedded finance platform ABHI in the UAE

Mastercard has collaborated with ABHI, an embedded finance platform backed by Hub71, to strengthen financial payments landscape across the UAE.

/retail

Wirex chooses OpenPayd to launch embedded accounts across UK and EEA

Today, leading embedded finance and Banking-as-a-Service (BaaS) platform, OpenPayd announces its partnership with Wirex, a prominent Web3 money app, to provide named virtual IBANs to its customers across the UK and European Economic Area (EEA) strengthening Wirex's core mission to provide easy, fast and secure payment methods to its customers.

/payments

FIS unveils emebedded finance platform Atelio

FIS (NYSE: FIS), a global leader in financial technology, has today introduced Atelio by FIS™, a fintech platform that provides the building blocks for financial institutions, businesses and software developers to embed financial services into their offerings.

/inclusion

Paymentology and Diamond Trust Bank drive embedded finance in Kenya

Paymentology, the leading global issuer-processor, today announces its strategic partnership with Diamond Trust Bank (DTB), a tier one East African commercial banking franchise.

/retail

FIS launches embedded finance platform

FIS (NYSE: FIS), a global leader in financial technology, has today introduced Atelio by FIS, a fintech platform that provides the building blocks for financial institutions, businesses and software developers to embed financial services into their offerings.

/payments

Nexi to integrate self-checkout technology with shopreme

Nexi, the leading European PayTech, today announced a strategic collaboration with shopreme, a pioneer in advanced checkout technology.

/retail

Embedded finance risks in the spotlight as losses run into the millions

Elmore, a leading insurance provider to the fintech community in Europe, is highlighting today the risks to the embedded finance market, which has been forecast by PWC to grow fivefold, from US$54.3 billion in 2022 to US$248.4 billion, by 2032.

/payments

PayDo launches embedded finance feature

PayDo, a leading Electronic Money Institution (EMI), is on the way to improving digital finance. It will launch an embedded finance feature for SEPA, SEPA Instant, FPS and SWIFT transactions.

/retail

Finzly launches embedded banking solution

Finzly, the pioneering provider of modern money movement systems to financial institutions, today announced the launch of Account Galaxy™, a groundbreaking solution that provides the tools and technology needed by banks of all sizes to participate in the emerging embedded banking segment.

/payments

Embedded payments firm additiv expands in Middle East

Serving the ME region since 2020, additiv, a global leader in Fintech and embedded finance, reaffirms its commitment to expand operations.