Payments News

On The Web

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Deals

Solarisbank Raises $224M at a $1.65B Valuation to Acquire Contis, Expand API-based Embedded Banking Tech in Europe

“Solarisbank , a Berlin startup that provides a range of financial services by way of some 180 APIs that others use to build end-user-facing products (including basic banking and card services, lending, payments, and know-your-customer services) has raised €190 million ($224 million) in a Series D that values the company at €1.4 billion ($1.65 billion) […]
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On The Wires

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Providers

Synctera Signs on Marqeta and Mastercard As New Partners, Launches Card API and Adds New Community Bank

“Synctera , a new solution for partnership banking at scale, today announced the signing on of Marqeta and Mastercard as FinTech partners, launched its Card API, and added Regent Bank as a new banking partner.      Synctera’s Cards-as-a-Service offering, launching this fall, will complement its existing FinTech as a Service capabilities and allow FinTechs to easily […]
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Providers

Tribe Payments Partners With ClearBank to Boost Banking Access for Fintechs

“We have partnered with ClearBank to provide our fintech customers with access to payment schemes using ClearBank’s award-winning agency banking and banking-as-service product sets. The partnership will strengthen our Bank Connect solution by allowing its fintech clients to quickly and easily integrate Faster Payments, CHAPS, BACS and Direct Debit payments to improve the functionality of […]
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Providers

Finastra Survey Finds Banking As a Service (BaaS) Set to Make Significant Impact on Financial Services in Next 12 Months

“Finastra research reveals that Banking as a Service (BaaS) and embedded banking services are set to have a notable impact on the industry in the next 12 months. Whilst all markets broadly anticipate this trend – 85% of respondents at global financial institutions – Hong Kong (92%), the UAE (90%) and Singapore (87%) expect the impact to be greatest. […]
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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 […]