Tagged: nigel verdon

Railsbank Partners with Douugh to Launch Fintech Super App

Railsbank (Railspay in Australia) and Douugh (ASX: DOU) have partnered to launch a “responsible financial super app.” The app is said to offer an embedded finance experience including bank accounts, payments, cards, money management, stock investing, crypto and more. The app will launch in Australia,… Read More

QNTMPAY, Railsbank, to Tap Into Fan Economy

QNTMPAY, the official digital banking partner of McLaren F1, is working with global embedded finance platform Railsbank to support upcoming product and services launches in the UK. The companies made the announcement at today’s Money20/20 event. Railsbank is supporting QNTMPAY, to launch in the UK, with… Read More

UK’s Embedded Finance Fintech Railsbank Now a Visa Ready Banking Identification Number Sponsor

Railsbank, an established global embedded finance solution provider, and Visa (NYSE: V) are joining forces to promote local Fintech services, with Railsbank becoming a Visa Ready Banking Identification Number (BIN) sponsor. This, according to an update shared by Finextra. Through the BIN sponsor program, all… Read More

UK’s BaaS Fintech Railsbank Secures $70M from Anthos Capital, Central Capital, Others

UK banking-as-a-service (BaaS) provider Railsbank has secured $70 million in capital in order to promote its brand and products globally. Railsbank‘s latest investment round has been led by Anthos Capital and received contributions from Central Capital (VC division of Indonesia’s largest privately-held banking institution), Cohen… Read More

London based BaaS Platform Railsbank Hires Ben Smith as GM for Australia, as Part of APAC Expansion

Railsbank, an established embedded finance platform, has reportedly hired Ben Smith as General Manager for Australia as the banking-as-a-service (BaaS) platform expands operations across the Asia Pacific (APAC) region. Smith has earned a degree in Chemistry from The University of Manchester before he moved to… Read More

Railsbank Reunites Currencycloud Team to Boost Banking-as-a-Service Platform

Railsbank, a Banking-as-a-Service (BaaS) platform, has reunited the Currencycloud team to boost the growth of their services. In a release, Railsbank said it has appointed John Hammond, previously CCO at Currencycloud as its new CCO to drive the platform’s international expansion. Hammond will join his… Read More

Railsbank Expands into Australia in Partnership with Digital Bank Volt

Railsbank, a Banking as a Service (BaaS) platform, has expanded into Australia in partnership with digital bank Volt. Founded in 2016, Railsbank is based in the UK and offers APIs and apps for financial services firms to offer modern services. Volt is the first digital… Read More

Banking as a Service: Railsbank Announces Two New Products – Houston platform and OpenRailz API

Railsbank, a Banking-as-a-Service (BaaS) platform, has announced the launch of two new products, the Houston platform and OpenRailz API. Houston is Railsbank’s new User Interface layer on top of the Railsbank open finance Operating System (ROS). The no-code platform is expected to transform the building,… Read More

Railsbank CEO Calls on Regulators to Step Up Safeguarding of e-Money Firms Following Wirecard Collapse

The Wirecard AG (WDI:DE) scandal has rocked the Fintech world as the once high flying firm that was a member of the DAX filed for bankruptcy following the revelation of a €1.9 billion in missing funds. Regulators, elected officials as well as Fintech industry insiders have… Read More

Fintech and Open Banking Firm Railsbank Expands into US with First Customer Unifimoney

Railsbank, a UK based Fintech and open banking service provider, has crossed the Atlantic to open up operations in the US with the acquisition of its first customer – Unifimoney, according to a release. Simultaneously, to support the North American expansion, Railsbank has hired Dov… Read More

Open Banking and Regtech Firm Railsbank Gains Hong Kong Fintech Statrys as New Client

UK-based Railsbank, an Open Banking and Regtech solution provider, revealed on June 29, 2020, that it has gained Hong Kong Fintech Statrys as a new client. Statrys offers digital business accounts, advanced payment options, and forex solutions for SMEs based in Asia. It provides convenient… Read More

Open Banking and Compliance Platform Railsbank Establishes Business Offices in Singapore

Singapore has been ranked number one in Asia and eighth worldwide when it comes to innovation and embracing the latest technologies. Singapore is also recognized as one of the world leaders in key sectors including Fintech,  engineering, manufacturing, healthcare, biomedical sciences, urban solutions and sustainability,… Read More

Fintech Startup Railsbank Secures $1.2 Million During Latest Funding Round Led By Firestartr

Money Benjamin Dollars 100

Railsbank, a fintech startup that was co-founded by Currencycloud co-founder Nigel Verdon, has secured $1.2 million during its latest funding round, which was led by seed investment firm Firestartr, with participation from Kima Ventures and industry angels Peter Jackson (CEO WorldPay UK), Tim Levene (Betfair, Augmentum… Read More

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