Embedded Finance

89 articles tagged with this keyword

/retail

ClearBank secures Dutch banking license

British bank ClearBank has secured its European banking license from the European Central Bank, under supervision of De Nederlandsche Bank.

/payments

JP Morgan invests in B2B payments platform Slope

JP Morgan is making an equity investment in, and providing a debt facility to, AI-led business-to-business payments platform Slope.

/people

Embedded finance platform Unit makes job cuts

Embedded finance platform Unit has laid off 15% of its workforce, citing "slower than expected" revenue growth.

/payments

EBAday 2024: Prioritising innovation in embedded finance

At EBAday 2024 in Lisbon, the second half of day two kicked off with a riveting discussion on open banking and embedded finance.

/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

Fiserv co-leads $16 million seed round in PayFac Forward

Forward, a US-based startup offering payments as a product services for software companies, has raised a $16 million seed round.

/regulation

EBAday 2024: The keys to successful digitalisation

Financial institutions need to transform their entire business and operating model to achieve bespoke and modular digital solutions while improving their profitability.

/startups

Ex-N26 staffers raise €35m for embedded finance startup

Finmid, a German financial infrastructure provider targeting B2B marketplaces, has emerged from stealth with €35 million in early-stage equity funding.

/crime

Lloyds warns against fraudsters on Booking.com and Airbnb

With summer holidays on the horizon, Lloyds Bank is cautioning customers against scams as they book their vacations.

/wholesale

Barclays invests in Funding Xchange

Barclays has led a Series B financing round for Funding Xchange (FXE), a provider of white-label software for lenders to SMEs. The size of the round was not disclosed.

/wholesale

ClearBank hits FY profitability

Britain's ClearBank is planning international expansion after reporting its first annual pre-tax profit.

/predictions

Embedded Finance market to be worth $22bn by 2028

The market for embedded finance is forecast to grow by 148% over the next five years, according to a recently published study.

/sustainable

Paynetics buys 'impact' banking app Novus

Bulgarian embedded finance provider Paynetics is making an ESG play through the acquisition of UK 'impact neobank Novus. Financial terms were not disclosed.

/payments

Visa and Taulia/SAP form embedded finance partnership

Visa has teamed up with SAP-owned supply chain finance outfit Taulia to make embedded finance accessible to businesses worldwide.

/startups

Treasury Prime lays off staff in strategic pivot

Embedded banking platform Treasury Prime has laid off half of its staff as part of a strategic pivot to sell directly to banks.

/payments

NextGen Nordics 2024: 40+ banks registered to attend

NextGen Nordics returns to Stockholm on 23rd April, and at seven weeks away from the event day, 200 attendees have already registered.

/people

Former chancellor Hammond takes over the chair at Railsr

Former chancellor Philip Hammond has been appointed as chairman of Railsr, the embedded banking platform that was rescued from liquidation last year.

/crypto

PayPal uses stablecoin to invest in Mesh

PayPal has used its own stablecoin to invest around $5 million in Mesh, an embedded finance startup for crypto payments.

/startups

Davos 2024: AI most relevant for fintech development until 2029

Bryan Zhang, executive director and co-founder of the Cambridge Centre for Alternative Finance at The University of Cambridge Judge Business School presented research on the future of global fintech, conducted in conjunction with the World Economic Forum.

/retail

PayPal and Samsung back LatAm fintech Prometeo

PayPal and Samsung have joined a $13 million funding round in LatAm embedded banking vendor Prometeo.