FinTech Futures: Top five news stories of the week – 13 December 2024
Our pick of the top fintech news stories this week includes Upbound, MoneyLion, Lunar and more.
Railsr
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.
FinTech Futures: Top five news stories of the week – 22 March 2024
Our pick of the top fintech news stories this week includes Nuvei, Silverbird, nCino and more.
UK fintech Railsr approaches Equals Group over potential merger
Equals Group has confirmed it received an “indicative non-binding proposal” about a potential deal.
Former UK chancellor Lord Hammond appointed new Railsr chairman
Lord Hammond replaces Rick Haythornthwaite, who is standing down to become chairman of NatWest Group.
UK fintech Railsr gets back on track with $24m funding
The capital came from existing investors including D Squared Capital and Moneta Venture Capital.
Bank of Lithuania revokes EMI licence of PayrNet
The central bank says it took the decision due to “serious, systematic and multiple violations of legal acts”.
FinTech Futures: Top five stories of the week – 7 April 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Railsr appoints new CEO, CFO and COO following rescue sale
Railsr board chair Rick Haythornthwaite says the new appointments bring “renewed energy” to rebuild the firm.
FinTech Futures: Top five stories of the week – 10 March 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
UK fintech Railsr sold to consortium of VC firms
The consortium consists of D Squared Capital, Moneta VC and Ventura Capital.
FinTech Futures: Top five stories of the week – 24 February 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Lithuania’s central bank reportedly investigating Railsr over AML failures
The Telegraph reports that Railsr’s Lithuanian subsidiary is being investigated by the country’s central bank.
Africa’s Flutterwave reportedly in bid to acquire British fintech Railsr
An insider reportedly told Sky News that there was “heavy competition for the asset”.
Railsr taps Featurespace to boost payment fraud and AML protections
Railsr will utilise card and payment fraud prevention and AML solutions through Featurespace’s ARIC hub.
FinTech Futures: Top five stories of the week – 11 November 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
UK embedded finance firm Railsr reportedly considering sale
According to Sky News, Railsr is discussing a number of strategic options with FT Partners.
SurePay selected by Railsr as confirmation of payee vendor
Railsr has selected SurePay as its UK Faster Payments (UKFP) confirmation of payee (CoP) vendor.
FinTech Futures: Top five stories of the week – 7 October 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Railsr secures $46m in Series C funding
CEO and co-founder Nigel Verdon says the funding is a “significant step on our route to profitability”.
Maslife partners Railsr to launch new financial and mental wellbeing app
The app is being supported by Mastercard and Checkout.com.
FinTech Futures: Top five stories of the week – 2 September 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Railsr appoints former Mastercard chair Rick Haythornthwaite as first chairman
Haythornthwaite currently chairs Ocado and the AA and previously chaired energy firm Centrica.
Video: Railsr at Money 20/20 Europe – Old finance vs fintechs
We chat with Nigel Verdon of Railsr to discuss how embedded finance will evolve over the next few years.
