Embedded Finance

91 articles tagged with this keyword

/payments

Money20/20: Enfuce partners with SEB Embedded to drive embedded finance

Enfuce has announced its partnership with Swedish banking as a service (BaaS) provider SEB Embedded, part of SEB, to offer a full virtual and physical card solution tech stack to SEB Embedded's BaaS customers.

/payments

Fifth Third acquires embedded payments platform Rize Money

Fifth Third Bancorp has acquired embedded payments platform Rize Money as part of staretegy to grow its treasury management business.

/payments

Citi builds embedded payments suite with POS instalment loans and lines of credit

Citi Retail Services is boosting its embedded payments capabilities by enabling merchants to offer lines of credit and instalment loans at the point of sale.

/people

Railsr appoints new CEO following emergency sale

Following its rescue sale last month, embedded banking platform Railsr has brought in a new management team, led by the former boss of blockchain firm Setl, Philippe Morel.

/payments

Checkout.com moves into card issuing

Online payments firm Checkout.com is pushing into embedded finance with the addition of card issuing to its stack.

/startups

Monite doubles seed round to $10m

API-first embedded finance workflows startup Monite has raised another $5 million, doubling its seed funding round to $10 million.

/payments

Railsr agrees rescue sale to investors

Embedded banking platform Railsr has been saved from collapse after agreeing a sale to a consortium of investors led by D Square Capital. Terms of the deal were not disclosed.

/retail

Railsr could be sold in pre-pack administration process

Embedded banking platform Railsr is closing in on a sale through a so-called "pre-pack administration" process, according to Bloomberg.

/cloud

Financial Cloud Summit 2023: BaaS and IT talent - the backbone of future business

During the Financial Cloud Summit’s afternoon Optimise session, titled ‘BaaS: Entering new and niche markets,’ Finextra reporter Niamh Curran guided panellists through a technical discussion that explored how embedded finance and BaaS can help to transform the backbone of business operations.

/retail

Embedded banking player Treasury Prime raises $40m

Embedded banking platform Treasury Prime has raised $40 million a Series C funding round led by BAM Elevate.

/wholesale

Liberis secures €30 million in debt financing from Silicon Valley Bank

Embedded business finance platform Liberis has secured €30 million in debt funding from Silicon Valley Bank to expand into Germany and Poland and the Nordics.

/payments

Flutterwave eyes up Railsr

African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, which has been hit hard by inflationary pressures, rising interest rates, cashflow pressures and VC pullback.

/payments

Finextra's top Future Series reports of 2022

With 2022 drawing to a close, we take a look back at our most downloaded Future Series reports over the course of the past year. Finextra’s Future Series is an annual editorial report series covering a fintech topic at a high level and includes interviews from financial institutions, usually a global range from EMEA, APAC and the Americas.

/people

Solaris reshuffles management board

Solaris has announced a rejig of its management board. This move is linked to a change in their corporate strategy following the placement of a new CEO.

/retail

Global FS sector finds appetite for open finance

There is a growing appetite for the next evolutionary step in open banking - open finance - within the global FS sector, with nearly half of senior professionals considering it a "must have" in the context of data sharing.

/payments

Appetite growing for embedded finance in mobility sector - Solaris

Research conducted by Solaris and the Handelsblatt Research Institute explores how embedded finance opportunities are opening up in the European mobility sector.

/payments

ClearBank to expand internationally after hitting profitability

Embedded banking provider Clearbank has reached profitability after tripling 2022 year-to-date revenues compared to the same period last year.

/retail

Railsr explores sale - Sky News

Embedded finance platform Railsr is exploring a sale weeks after closing a discounted funding round, according to Sky News.

/retail

Raisin migrates to Clearbank

Savings and investment fintech Raisin is migrating its UK banking platform to emebedded banking outfit Clearbank, in the process gaining access to FSCS protected accounts and faster payment rails.

/startups

UK's IoD sets up fintech group

The UK's Institute of Directors has launched a special interest group designed to boost the UK's fintech sector