Tagged: embedded finance

Berlin’s Solaris Becomes New Partner for ADAC Credit Card

ADAC Finanzdienste GmbH and Solarisbank AG will cooperate on the ADAC credit card program in the future. Solaris will “replace Landesbank Berlin (LBB) as co-branding partner for the ADAC credit card in the second half of 2023.” Until then, the partnership with LBB “will continue.”… Read More

Embedded Finance Platform Railsr, DND Finance Launch New Credit Card

Railsr, the global embedded finance experiences platform, is partnering with DND Finance (DND), a multinational commercial equipment finance provider, “to launch the Score Credit Mastercard.” Branded as the Score Credit Mastercard by DND, it is “aimed at personal users and business owners with a less-than-perfect… Read More

Liberis Secures an Additional £140M from Barclays, BCI Finance to Fund SMEs

Liberis, a global embedded business finance platform,  announced that they have secured £140m in financing from Barclays Bank PLC and BCI Finance in order “to help secure its global partner expansion and growth plans for the next two years.” This brings Liberis’ total funds raised… Read More

Treasury Prime Enters Banking-as-a-Service Partnership with FirstBank

Treasury Prime, a Banking-as-a-Service (BaaS) company, announced it is partnering with FB Financial Corp (FirstBank) in order to bring embedded finance offerings to its customers. The partnership with FirstBank brings Treasury Prime’s bank network “to well over a dozen, adding to their rapidly growing available… Read More

London’s Weavr Updates Products with Apple Pay, Google Wallet Support for Embedded Cards

London-based Weavr announced an update that “adds a new level of convenience for cardholders to add their cards to Apple Pay and Google Wallet, improving digital security and card usage, and in turn fuelling transaction growth for embedded finance innovators.” The technology-first fintech has revealed… Read More

Digital Banking: Wio Bank PJSC Launches in the UAE

Wio Bank PJSC announced its official launch in the UAE, “becoming the first platform bank in the region, aiming to transform banking operating models towards a more digital future.” This is in line with the UAE’s Digital Economy Strategy that aims “to double the contribution… Read More

Embedded Finance Transactions Predicted to Jump to $7 Trillion by 2026: Report

A new report by Bain & Company predicts that embedded finance will surge to $7 trillion in total value by 2026. As Bain defines it, embedded finance can include payments, banking, and lending – like buy now pay later (BNPL) services. According to Bain, the… Read More

Banks Won’t Lend to Businesses: Sonovate Survey Notes that 25% of UK Businesses Struggle to Access Capital

Sonovate reports that new research indicates that small businesses are struggling to access finance from mainstream providers – IE traditional banks. Because of this, firms are tapping alternative finance providers as inflation rises along with rates. Pointing to a report by the UK Financial Conduct… Read More

Netherlands based TerraPay Teams Up with Zai to Support Cashless Transactions in Australia

TerraPay, a global payments infrastructure company, has announced its partnership with Zai, the global financial technology company delivering embedded finance orchestration solutions. Together, TerraPay and Zai aim “to strengthen and unify the global payments ecosystem in Australia, by offering a seamless cross border payments experience… Read More

KPMG to Introduce Singapore-based Embedded Finance Hub

With financial services globally and in Singapore shifting towards embedded finance, KPMG announced the launch of Singapore’s first Embedded Finance Hub with ambitions “to accelerate the adoption of embedded finance in the country.” The Hub, set to run for at least 2 years is expected… Read More

Uday Akkaraju: CEO at BOND.AI Comments on Latest Developments in Embedded Finance

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

Embedded Finance Fintech Railsr Selects Elmore as Insurance Partner

Embedded finance Fintech Railsr, previously doing business as Railsbank, has entered a new partnership with specialist insurance intermediary Elmore. Via the collaboration, Elmore will aim to offer “specialist” Fintech insurance for Railsr’s client internationally, with products that offer protection against operational risks, and which also… Read More

Unit, Thread Bank to Enhance Banking-as-a-Service (BaaS) Ecosystem

Unit, the banking-as-a-service platform that empowers companies to embed financial services into their products, announced a partnership with Thread Bank, a digital-first bank based in Rogersville, Tennessee. Companies will now be able to “embed a complete set of banking services into their products—including accounts, cards,… Read More

Embedded Finance Firm Sonovate Parnters with Demica to Enhance Trade Reporting

Sonovate, the provider of embedded finance and payment solutions for the contingent workforce, announced a partnership with Demica, the trade finance Fintech firm, in order to streamline its reporting processes so it may support business customers across the globe. Under the terms of the partnership,… Read More

Sonovate Announces £165M Securitization with BNP Paribas, M&G Investments

Sonovate, the provider of embedded finance and payment solutions for the contingent workforce, announced that it has completed a securitization deal with BNP Paribas and M&G Investments, “adding £165 million to its funding structure.” The deal is “an endorsement of Sonovate’s position as a Fintech… Read More

Embedded Finance: Finastra Introduces Consumer Lending Solution

Finastra recently unveiled its embedded consumer lending solution, “enabling access to traditional regulated lending options for consumers at point-of-sale (POS).” Financial institutions, distributors and merchants will “benefit from a platform that makes it easy for their customers to access lending options.” For end consumers, Finastra… Read More

Embedded Tax Platform April Finalizes $30M Series A Round

Following a “successful” inaugural tax season, April Tax Solutions Inc., a personal income tax platform that embeds into digital financial apps, announced that it has raised $30 million in a Series A round. The Fintech startup has “gained the attention of unicorn founders and leaders… Read More

Embedded Finance Fintech Monite Appoints Alex Akimov As Head of API

Embedded finance platform Monite has reportedly hired Alex Akimov to serve as Head of API, previously also Head of API of Adyen (in the most recent move as part of its platform scaling strategy). Somewhat like Adyen, currently capitalized at about $40 billion, Monite’s embedded… Read More

Embedded Fintech Platform Colendi Acquires London’s Enterprise Blockchain Firm SETL

Colendi, the embedded Fintech services platform in Turkey and surrounding regions, announced its acquisition of London-based blockchain settlements and payments provider SETL. Launched in 2015, SETL claims to be one of the leading enterprises blockchain companies “known for its high-profile work with selected Central Banks… Read More

Alviere Acquires Financing from Silicon Valley Bank to Support Growth in Europe, LatAm

Alviere, the provider of enterprise software solutions for embedded finance that enables brands to deliver a full suite of financial products and services to customers, fans, and employees, announced it has secured financing from Silicon Valley Bank, the bank of the world’s “most innovative” companies… Read More

Send this to a friend