Banking-as-a-service

400 articles tagged with this keyword

/retail

BaaS platform BKN301 completes £18.6 million Series B

BKN301, a digital payments and Banking-as-a-Service startup, has raised £18.6 million to support international expansion and strategic acquisitions.

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BaaS platform Solid files for bankruptcy

US Banking-as-a-Service platform Solid has filed for Chapter 11 bankruptcy protection.

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10x opens exploratory talks over possible sale

Former Barclays chief Antony Jenkins is reportedly weighing a sale of 10x, the core banking startup he founded almost a decade ago.

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The Importance of Trust, Transparency and Technology in Community Banking

Virtually joining the FinextraTV studio, Rick Sowers, President & CEO, CalPrivate Bank gives an insight into the world of community banking. As well as defining the difference between a community bank and a larger one, Sowers explains the fundamental importance of having trust in who you bank with and how technology continues to shape the future.

/payments

Mena Banking-as-a-Service player NymCard raises $33 million

Abu Dhabi-based banking-as-a-Service vendor NymCard has secured $33 million in a Series B funding round.

/payments

BaaS platform Synctera raises $15m

Banking-as-a-Service player Synctera has raised $15 million in funding and signed online checkout giant Bolt as a customer.

/people

Natech appoints CTO and CPO

Natech appoints George Nikolaropoulos to CTO and George Rogkakos to CPO with commitment to becoming world-class product-driven banking technology company.

/payments

Lendela partners with Revive Financial for debt solutions in Australia

Lendela, Australia’s dominant loan matching platform, today announced a strategic partnership with Revive Financial, Australia’s largest debt relief and management firm. The collaboration aims to empower Australians who struggle to secure loans due to financial distress by offering them tailored debt solutions to regain financial stability.

/people

Kotapay appoints Heather Schumacher head, cards and BaaS operations

Kotapay is pleased to announce the appointment of Heather Schumacher head of Cards and BaaS Operations. In this role, Heather will lead our credit and debit card operations, as well as deployment and availability of the Kavinu platform.

/retail

Tomorrow introduces savings accounts with Solaris

German sustainable mobile banking provider Tomorrow – a long-term partner of Europe’s leading embedded finance platform Solaris – introduced a new savings account to complement its existing suite of banking products.

/payments

NextGen Nordics 2025 agenda to cover DORA, VoP, CBDC, instant payments, fraud, and GenAI

Give the future of payments the green light at the Münchenbryggeriet in Stockholm, Sweden on 29 April 2025 where the stage will be set for a transformative shift in financial services. NextGen Nordics will gather core decision-makers, stakeholders, and experts within the payments sector to focus on digital resilience, advanced technologies, regulatory frameworks, and set a course of action for the financial ecosystem of tomorrow.

/retail

NCino buys Sandbox Banking

nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the acquisition of Sandbox Banking, a digital transformation leader serving the financial services industry.

/payments

Rapyd in talks over $300m raise at big valuation cut

Payments-as-a-Service platform Rapyd is in talks to raise $300 million at less than half the valuation it secured in a 2021 funding round, according to Bloomberg.

/people

Lunar hires Nanna Bergmann to lead BaaS spinoff

Nordic challenger Lunar has appointed The Bank of London's Nanna Bergmann to lead Moonrise, its newly established standalone Banking-as-a-Service entity.

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Solaris clinches €140 million funding round

German Banking-as-a-Service platform Solaris has secured a €140 million financing round.

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Embedded banking startup Swan raises €44 million

French banking-as-a-service platform Swan has raised a further €44 million to support its EU expansion and product diversity strategy.

/crime

American Express pays $230 million for alleged deceptive sales

American Express has agreed to pay $230 million to settle charges for alleged deceptive sales of credit card and wire transfer products to small business customers.

/predictions

What Are 'Future Safaris' and The 5 L's to Success?

Joining FinextraTV from CES in Las Vegas, Todder Moning, Head of Applied Foresights, U.S. Bank, shares his insights into the innovations at CES and how they inform his team’s view on the future. From explaining the role of futurists in banking to describing his 5 Ls for success, Moning provides his tips for future-proofing in the financial industry.

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SBI set to take majority stake in Solaris

Japanese financial conglomerate SBI has agreed to pay €100 million for a stake of more than 70% in struggling German Banking-as-a-Service platform Solaris, according to Bloomberg.

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Railsr and Equals Group set for £283m merger

The long-trailed merger of embedded banking platform Railsr and payments firm Equals Group is set to go ahead through a £283 million takeover deal.