Tagged: embedded banking

April 5, 2023 @ 6:57 am By Omar Faridi  |  

The Embedded Banking provider announces full-year results “including 46% increase in transaction volumes and 22% growth in customers.” ClearBank Ltd., enabler of bank accounts, real-time clearing, and Embedded Banking for financial institutions, presents “the results from its 2022 Annual Report revealing the bank nearly tripled… Read More

March 30, 2023 @ 9:51 pm By Omar Faridi  |  

Treasury Prime, an embedded banking software platform, announced a partnership with Cable, an all-in-one financial crime compliance effectiveness testing platform, “to enhance compliance assurance and testing capabilities for Treasury Prime customers.” Through this partnership with Cable, companies and banks working with Treasury Prime “can access… Read More

March 29, 2023 @ 7:10 pm By Omar Faridi  |  

SMEs are at the heart of our economy and financial institutions need to do more to help them. It has been found that they play a central role in financial inclusion, representing around 90% of businesses globally and more than 50% of employment worldwide, according… Read More

March 20, 2023 @ 8:18 am By Omar Faridi  |  

Treasury Prime, the embedded banking software platform, recently announced the launch of OneKey Banking. This “first-of-its-kind” technology enables Treasury Prime customers “the ability to unlock the full potential of the industry’s largest bank network (15+ financial institutions) using instant cross-bank transfers (network transfers).” OneKey Banking… Read More

February 2, 2023 @ 8:46 am By Omar Faridi  |  

Treasury Prime, an embedded banking software platform, announced it raised $40 million in Series C funding. The investment round was “led by BAM Elevate with investment from The Banc Funds Company and Invicta as well as continued participation from Series B investors Deciens, QED and… Read More

January 23, 2023 @ 8:27 am By Omar Faridi  |  

Emma, the financial super app, announces the release of Easy Access Pots that allow customers “to earn up to 2.43% AER to more than 1.3m+ customers in the UK.” This product is launched in partnership with Bondsmith, which claims to be “the UK’s leading provider… Read More

January 5, 2023 @ 10:48 am By Omar Faridi  |  

Bondsmith, the UK’s provider of cash management and savings solutions to the wealth management industry, has become a principal member of Visa, a key player in digital payments, “to further its mission of improving the wealth management industry through embedded banking services.” “Super-apps” and fintechs… Read More

November 30, 2022 @ 8:13 am By Omar Faridi  |  

ClearBank, which claims to be the largest next-generation clearing and embedded banking platform in the UK, and ThetaRay, provider of AI-powered transaction monitoring technology, announced they will “collaborate in cloud-native anti-money laundering (AML) monitoring to protect ClearBank against financial crime with ThetaRay’s robust and industry-leading… Read More

November 25, 2022 @ 10:51 am By Omar Faridi  |  

ClearBank Ltd., the enabler of secure accounts, real-time clearing, and Embedded Banking for financial institutions, announced that it has “reached profitability.” ClearBank Ltd. has “generated £45.4m in revenue YTD and from October has reached monthly profitability in the UK.” The fintech bank “has nearly tripled… Read More

November 9, 2022 @ 10:17 pm By Omar Faridi  |  

BankiFi, a provider of embedded banking solutions, has partnered with MX Technologies, Inc., a key player focused on open finance, “to enable secure data sharing and account connectivity for businesses using BankiFi’s platform.” Through this collaboration, financial institutions will be able “to leverage MX’s open… Read More

October 28, 2022 @ 7:42 am By Omar Faridi  |  

Raisin, which claims to be the global leader for the savings and investment market, has announced the migration of its UK platform ClearBank, the “enabler of secure accounts, real-time clearing, and embedded banking for financial institutions.” ClearBank will “underpin the FSCS protected account Raisin UK… Read More

October 10, 2022 @ 9:16 am By JD Alois  |  

BankiFi, a UK-based Fintech offering embedded banking services, has announced a partnership with Axiom Bank to pursue the US SME banking market. Axiom Bank, based in Florida, has its roots as a community-based savings and loan firm that has bigger plans. The two firms are… Read More

September 24, 2022 @ 6:38 pm By Omar Faridi  |  

ClearBank, the enabler of accounts, real-time clearing, and embedded banking for financial institutions, announced its integration with Fondy, a one-stop payment platform, “to provide ecommerce companies with an efficient, easy-to-implement shop payment solution.” This solution will “allow companies to manage and control their money flow… Read More

September 3, 2022 @ 11:40 am By Omar Faridi  |  

The economy is facing massive disruptions: inflation, great resignation, and possible recession, among others. This has driven customers to switch financial institutions at a click of a button, looking for the ones that provide them the most benefits and help with their financial health. However,… Read More

August 16, 2022 @ 8:13 am By Omar Faridi  |  

BankiFi, a provider of embedded banking solutions for small and medium businesses (SMB), has secured $4.8 million “for global expansion into North America.” This strategic growth investment “gives BankiFi the capital to provide its industry-leading embedded banking platform to more than two million SMBs across… Read More

July 21, 2022 @ 4:02 pm By Omar Faridi  |  

BankiFi, an embedded banking solutions provider, announced its expansion into North America with “the launch of BankiFi Americas.” The organization’s growth and expansion into the U.S. market “will support the unique digitization and payment modernization requirements of SMBs, while placing financial institutions at the heart… Read More

June 3, 2022 @ 4:01 pm By Omar Faridi  |  

KeyBank (NYSE: KEY) recently announced the release of its end-to-end payment facilitation capabilities, allowing software companies “to easily own and process payments.” The concept of embedding financial products like payments and lending into software “is at the forefront of the financial services industry.” This release… Read More

May 12, 2022 @ 5:04 pm By Omar Faridi  |  

Current, a U.S. financial technology platform serving Americans working to “create a better future” for themselves, recently announced the launch of its platform API, “built to facilitate seamless integrations and embedded banking experiences.” Plaid, the API-first data network powering the digital financial ecosystem, is reportedly… Read More

February 27, 2022 @ 4:45 pm By Omar Faridi  |  

MX, the financial data platform and provider of modern connectivity, has announced a partnership with Rize, an embedded banking platform, in order to support financial technology developers and non-financial firms to efficiently “build, launch, and scale new financial products and services via a single API.”… Read More

October 3, 2021 @ 10:06 pm By Omar Faridi  |  

eFounders-formed Banking-as-a-Service (BaaS) Fintech Swan has secured €16 million in funding via a Series A round that was led by Accel. Swan’s latest investment round has come about a year after the Fintech firm finalized its seed round. The company claims that it now has… Read More