ICYMI fintech funding round-up: Sourcefin, Volume, Leap Financial, and Juicyway
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Embedded Finance
Kobble debuts new embedded finance platform in Australia
Kobble operates as part of the Fincraft Group, which also comprises Yondr Money and Shouta.
2024 in review: the key fintech trends of the year
FinTech Futures reflects on the key trends and developments that shaped the fintech sector in 2024.
SEB Embedded teams up with Enfuce and Humla to launch Hemköp Matkonto card in Sweden
The card leverages Enfuce’s cloud-based payments infrastructure and SEB Embedded’s BaaS platform.
US embedded finance fintech Parafin secures $100m in Series C funding round
Parafin’s $100 million Series C was raised at a $750 million valuation.
The What the FinTech? podcast | Season five’s jailed buzzwords
We run down all the buzzwords our podcast guests wanted gone from the industry this year.
Sweden’s Mynt plots UK expansion with €22m Series B
The round values Mynt, which reached profitability in September, at approximately €175 million.
Equals Group to be acquired by consortium of investors for £283m, paving way for Railsr merger
The deal will see Equals shareholders receive 140 pence per share.
Banking Technology Magazine December 2024 / January 2025 issue out now
Cover story: STAR PEOPLE – Banking Tech Awards 2024 revisited.
WealthKernel embeds savings accounts with Griffin’s BaaS platform
Griffin’s BaaS platform was first made available to UK fintechs in September.
Uptiq.AI acquires financial data integration fintech UpSwot for undisclosed sum
Uptiq.AI will now integrate UpSwot’s financial data gateway into its AI Workbench, which launched last month.
Mexican fintech start-up R2 secures $50m debt facility and $9m in fresh equity
The equity injection is an extension of the company’s $15 million Series A round from 2022.
November 2024: Top five fintech M&A deals of the month
FinTech Futures takes a look back at five of the top fintech M&A deals in November.
French embedded banking fintech Swan names Camille Tyan as new deputy CEO
Tyan has been involved with the firm since 2020 as its supervisory board chairman.
November 2024: Top five banking technology stories of the month
FinTech Futures takes a look back at five of the top banking tech stories of the month.
CellPoint Digital bags $30m to fuel development of new payment orchestration platform
CellPoint Digital says the funding will support the launch of its Offer Order Service Delivery platform.
Spendesk partners Adyen to enhance spend management workflows for SMBs
The “long-term” partnership will support Spendesk in launching new products next year.
State of play: payment hubs
Payment hubs are increasingly seen as an attractive solution to manage the new world of payments.
SEB Embedded taps Thought Machine to power BaaS offering
SEB Embedded has delivered its first solution for Swedish supermarket chain Hemköp.
Modulr buys AP automation platform Nook, plans to launch Modulr AP solution in early 2025
Modulr AP, powered by Nook, is described as an “end-to-end solution for invoice management and AP automation”.
PayTech Awards 2025 now open for entries
Nominations for the PayTech Awards 2025 are now open, with the deadline for entries set for 14 March.
Solaris sells Engage business to UK fintech Suits Me
Suits Me’s CEO says the migration of Engage customers has “already started and will be finished mid-January 2025”.
FinTech Futures: Top five news stories of the week – 8 November 2024
Our pick of the top fintech news stories this week includes Bank of New Zealand, Airwallex, Griffin and more.
ICYMI fintech funding round-up: Groov, Fundcraft, VibePay, and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Marygold & Co UK selects Griffin to embed savings accounts into money management app
The app will launch for individuals and small businesses in the UK “later this year”.
Netherlands-based Intersolve names Five Degrees co-founder Martijn Hohmann as provisional CEO
Hohmann takes the reins of the payment processor from managing director André Moen.
Standard Bank selects Volante Technologies’ PaaS for ISO 20022 compliance
The $166 billion-asset bank has adopted the vendor’s PaaS and embedded pre-processing solutions.
Airwallex reportedly in talks over fresh $200m investment at new $6bn valuation
Airwallex last raised $100 million through a Series E extension two years ago at a valuation of $5.5 billion.
Sibos 2024: Navigating partnerships between banks and fintechs
The relationship between banks and fintechs has been an ever-evolving mix of collaboration and competition.
October 2024: Top five payments stories of the month
FinTech Futures takes a look back at five of the top payments stories from October.
Array purchases Payitoff to expand private-label portfolio with consumer debt management tools
Array is set to enrich its private-label suite by incorporating Payitoff’s financial guidance tools.
Dutch paytech Online Payment Platform secures EMI licence in the UK
The company adds that the new licence “now allows OPP to offer a wallet solution” for businesses.
Sibos 2024: Why the future of finance is atomised, embedded, and real time
The convergence of atomisation, embedded finance, and real time is creating a new paradigm in financial services.
Embedded finance provider Solaris embarks on “new chapter of transformation”, says CEO
CEO Carsten Höltkemeyer says BaaS provider Solaris is “at a pivotal moment”.
Nigeria’s OmniRetail acquires SME payments platform Traction Apps
OmniRetail is a start-up aiming to digitise traditional e-commerce through its suite of software products.
Daily News at Sibos 2024
Download your free copy of the Daily News at Sibos publication today!
Sibos 2024: Embedded finance is driving the future of B2B commerce
Embedded finance is becoming a revolutionary force in B2B commerce.
BaaS is dead, long live BaaS 2.0
As the sector evolves away from the wild west of BaaS 1.0, it can enter its more responsible era.
Banking Technology Magazine October 2024 issue out now
Cover story: QUANTUM LEAP OF FAITH – Preparing for the advent of Q-Day.
HSBC launches embedded finance venture SemFi with Tradeshift
SemFi provides embedded payment, trade and financing solutions from HSBC.
