Payments News

On The Web

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Providers

Solarisbank Among First German Fintechs Mulling SPAC Deal

“Solarisbank, the German banking-as-a-service (BaaS) provider, is currently mulling the route of a special purpose acquisition company (Spac) merger to go public.  Solarisbank CEO Roland Folz According to Finance Forward, management and investors are currently discussing the sale to a listed company shell. Another round of financing, which would follow a $67.5 million Series C in […]
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Deals

Wise raises another $12 million to double down on embedded business banking

“Fintech startup Wise has raised a $12 million Series A round. The company offers business bank accounts with an interesting go-to-market strategy. Wise partners with other companies so that they can offer bank accounts to their own customers. For instance, if you’re running a marketplace or an e-commerce platform that matches companies with individual customers, […]

On The Wires

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Providers

Agora Services Disrupts Banking-as-a-Service and Brings Challenger Bank Technology to Community Banks and Credit Unions for As Low As $5,000

“As the need of credit unions and community banks to accelerate their digital journey has skyrocketed post COVID, Agora Services, the challenger bank technology platform for community banks and credit unions , has developed two challenger style bank products for community banks and credit unions – Agora Teenz and Agora SMB. Built on Agora’s cutting-edge Banking-as-a-Service […]
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Providers

Radius Bank Launches Commercial API Banking Platform and Developer Sandbox

“Radius Bank , a forward-thinking digital bank, announced today the next step in its partnership with API (application programming interface) banking leader Treasury Prime with the launch of their Commercial API Banking Platform and corresponding sandbox testing environment. With API Banking, Radius has expanded its Banking-as-a-Service (BaaS) digital platform by giving commercial clients leading-edge technology […]