Tagged: embedded finance

July 1, 2022 @ 8:29 am By Omar Faridi  |  

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

June 29, 2022 @ 4:58 am By Omar Faridi  |  

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

June 28, 2022 @ 7:45 am By Omar Faridi  |  

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

June 25, 2022 @ 4:07 pm By Omar Faridi  |  

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

June 22, 2022 @ 9:38 am By Omar Faridi  |  

Nuula, a Fintech focused on providing small businesses the tools and the capital they need to succeed, announced a new personal loan search feature that “allows small business owners and entrepreneurs that are smaller or earlier stage to search 30+ top lenders for personal loan… Read More

June 10, 2022 @ 7:45 am By Omar Faridi  |  

Satago, a provider of invoice financing and Lending as a Service software solutions, has signed a LOI “to enter into a three-way partnership with Sage and Lloyds Bank.” The partnership will formalize plans “to create an embedded finance solution within Sage, the leader in accounting,… Read More

June 4, 2022 @ 10:58 am By Omar Faridi  |  

Alviere, which claims to be the “leading” provider of enterprise software solutions that easily enable any brand to deliver a “full suite” of financial products and services to customers, fans, and employees, recently announced that it has appointed Wes Schmidt as the firm’s Chief Revenue… Read More

May 25, 2022 @ 6:00 am By Omar Faridi  |  

Alviere, the embedded finance platform that enables any brand to deliver a full suite of financial products and services to clients, fans, and workers, has announced a partnership with Marqeta (NASDAQ: MQ), the modern card issuing platform. With Alviere’s expansion across Europe, Marqeta will “provide… Read More

May 25, 2022 @ 5:54 am By Omar Faridi  |  

Fundbox recently announced that its working capital platform is now embedded “within Stripe, a financial infrastructure platform for businesses.” A key player in providing embedded working capital solutions for B2B sellers, Fundbox’s collaboration with Stripe is “the first of many new integrations to come as… Read More

May 24, 2022 @ 9:07 pm By Omar Faridi  |  

MatchMove, the international embedded finance company, has reportedly acquired digital commerce specialist Shopmatic in a $200 million deal, “creating an end-to-end embedded finance and e-commerce powerhouse.” MatchMove’s platform “provides customisable, fast, secure and regulated embedded financial services, such as banking-in-an-app, powered by APIs, to help… Read More

May 20, 2022 @ 7:14 pm By Omar Faridi  |  

Unit, the banking-as-a-service platform that empowers companies to embed financial services in their products, announced it has raised a $100 million in a Series C round “led by global software investor Insight Partners, with participation from existing investors including Accel, Better Tomorrow Ventures, and Flourish… Read More

May 20, 2022 @ 8:28 am By Omar Faridi  |  

Modulr, an embedded payments platform for digital businesses, recently announced that it has raised $108m (£83m) in Series C funding that was led by General Atlantic, a global growth equity firm. The investment round also “included significant participation from existing investors including Blenheim Chalcot, Frog… Read More

April 30, 2022 @ 5:25 pm By Omar Faridi  |  

Plaid, an international open finance data network and payments platform, is announcing an expansion of its Payment Partner Ecosystem in order to include three European partnerships – Primer, UniPaas and NoFrixion. As a result, more vendors and merchants can “leverage open banking in order to… Read More

April 27, 2022 @ 11:51 am By JD Alois  |  

Digital lender Sonovate, a firm that provides invoice finance and technology services, has announced a new embedded finance offering providing cloud-based, lending APIs. Sonovate states that its “enterprise-grade” invoice platform can provide instant funding decisions, increased automation, enhanced reporting, and more for businesses that utilize… Read More

April 24, 2022 @ 2:37 pm By Omar Faridi  |  

Evolve Bank & Trust and Bond Financial Technologies, Inc. are pushing the boundaries of embedded finance “to bring innovation to companies that want to offer financial products to their customers.” Evolve and Bond enable entrepreneurs “to build and launch innovative financial solutions at scale.” Hank… Read More

April 17, 2022 @ 10:01 am By Omar Faridi  |  

Cross River Bank, a tech infrastructure provider that offers embedded financial solutions, recently announced that it has teamed up with Revolut, an international financial superapp with more than 18 million customers worldwide, “to build and scale Revolut’s business in the U.S. leveraging Cross River’s technology… Read More

April 2, 2022 @ 7:49 pm By Omar Faridi  |  

ADGM will offer participants access to its Digital Lab, which is a “neutral” and “secure” digital environment where Fintech products and services may be tested The Abu Dhabi Global Market (ADGM), an international financial center, has teamed up with financial software firm Finastra for its… Read More

April 1, 2022 @ 8:05 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the international financial tech platform of choice for major businesses, has announced its expansion beyond payments in order to build embedded financial products. As noted in the update from Adyen, these products will “enable platforms and marketplaces to create tailored financial experiences… Read More

March 30, 2022 @ 9:57 am By Omar Faridi  |  

Finastra recently published a market assessment report, titled “Banking as a Service: Outlook 2022 | Paving the way for Embedded Finance.” The research canvassed the opinions of 1,600 senior industry executives, “exploring the opportunities presented by Banking as a Service (BaaS) – to provide retail… Read More

March 25, 2022 @ 3:36 pm By Omar Faridi  |  

  Alviere, the international embedded Fintech that enables “any brand” to deliver a full suite of financial products and services to clients, fans and employees, has announced a partnership with Coinbase Prime, a service of Coinbase Global Inc. (NASDAQ: COIN), in order to offer cryptocurrency… Read More