Banking-as-a-service

147 articles tagged with this keyword

/cloud

Standard Bank picks Volante for Africa-wide payments overhaul

African giant Standard Bank is moving its payments infrastructure to Volante's cloud Payments-as-a-Service (PaaS), accelerating ISO 20022 adoption on the continent.

/cloud

Green Dot launches embedded finance brand

Digital bank and fintech provider Green Dot has launched an embedded finance brand and platform of services.

/people

Solaris to lay off a third of workforce

German Banking-as-a-Service company Solaris is set to lay off a third of its workforce with the majority of job losses hitting its British subsidiary Contis.

/retail

HSBC writes off Monese stake

HSBC has written off its stake in Monese just two years after investing $35 million in the mobile banking fintech.

/startups

TrueLayer reports growth despite losses

TrueLayer, a payments platform backed by Stripe, is stacking up its losses according to the latest accounts reports.

/wealth

BlackRock joins Fintech Scotland

The world's largest asset manager, BlackRock, has announced its membership of Fintech Scotland, the promotional for the country's fintech sector.

/startups

Revolut’s Storonsky sells $300 million in company stock

Founder and chief exec at fintech giant Revolut, Nik Storonsky, has reportedly sold shares worth up to $300 million (£230 million) in the company.

/retail

UniCredit to acquire Banking-as-a-Service venture Vodeno and Belgian digital bank Aion

Italy's UniCredit has entered into a binding agreement to acquire the entire share capital of European Banking-as-a-Service platform Vodeno and Belgian digital bank Aion.

/startups

Brokerage-as-a-service platform lemon.markets raises €12m

Berlin-based brokerage-as-a-service platform lemon.markets has raised €12 million in a funding round led by CommerzVentures.

/startups

BaaS startup Connect Money raises $8 million

Egyptian Banking-as-a-Service startup Connect Money has closed an $8 million seed funding round led by Disruptech Ventures and Algebra Ventures.

/startups

Chift raises seed funding to help SaaS companies build integrations

Chift, a Belgian startup that helps SaaS companies integrate with other financial applications and tools via APIs, has raised €2.3 million in seed funding.

/payments

EBAday 2024: Navigating the oxymoron of cross-border real time payments

The second day of EBAday 2024 in Lisbon kicked off with exciting panel sessions discussing real-time payments.

/payments

EBAday 2024: Instant payments and generative AI will be the most impactful for the industry

Digitisation and the advantages that are available through modern technology were core topics for the afternoon sessions at EBAday in Lisbon, Portugal.

/payments

Equals Money and Zūm Rails make BaaS plays

Equals Money, a payments provider for company expenses, has launched a Banking-as-a-Service product to helping businesses offer their own digital payment and card services.

/retail

Synapse fallout leaves 85,000 Yotta customers locked out of accounts

Savings app Yotta says 85,000 customers have been locked out of their accounts for three weeks because of the collapse of BaaS platform Synapse.

/retail

Engine SaaS platform could push Starling valuation to £10bn - investor

Starling's SaaS platform Engine could generate hundreds of millions of pounds a year for the UK digital bank, propelling it towards a £10 billion valuation, predicts investor Chrysalis.

/retail

Synapse fallout leaves Copper customers unable to access funds

The collapse of BaaS platform Synapse has forced teen finance app Copper to suddenly discontinue its bank deposit accounts and debit cards, leaving some customers unable to access their funds.

/devops

TCF 2024 day 2: ESG, AI, and the market outlook

Benjamin Ensor, director of research and strategy at 11:FS, moderated the first panel of the day to look at a market updates. He was joined by Kanika Hope, chief strategy officer, Temenos; Dan Broten, chief technology officer, EQ Bank; and Rob Keijsers, chief digital and information Officer, ASA International.

/retail

TabaPay ditches plan to buy assets of bankrupt BaaS firm Synapse

Money moving fintech TabaPay has pulled out of a deal to buy the assets of bankrupt Banking-as-a-Service platform Synapse.

/payments

Tide partners with Adyen in German market

Tide has announced that it will offer business accounts in Germany, marking the beginning of the company's expansion into Europe.