Kobble debuts new embedded finance platform in Australia
Embedded finance start-up Kobble has launched in Australia with the aim to “help Australian banks and fintechs overcome the challenges of failed and costly IT projects”.
Kobble launches embedded finance platform in Australia
Operating as part of the Fincraft Group, Kobble’s API-driven platform enables third-party businesses to integrate financial services into their existing product offerings.
Shane Chanel, CEO of Kobble, says the platform is designed to help businesses “launch new products or add embedded financial services without expensive overhauls”.
At launch, these services include card issuance, digital wallets and multi-currency accounts, white-label apps, investment solutions, and fraud monitoring and compliance automation tools.
Chanel, who also serves as executive director to Yondr Money and Shouta within the Fincraft Group, says: “We’ve seen first-hand how innovation efforts can derail due to complexity, cost blowouts, or disruptions to existing operations.
“At Kobble, we’ve taken a different approach. Instead of replacing infrastructure, we’ve built our platform to complement and integrate with what businesses already have.”
