Tags Banking-as-a-service

Tag: banking-as-a-service

Banking-as-a-service (BaaS) vs embedded finance

Banking-as-a-service (BaaS) and embedded finance have become two of the biggest buzzwords/solutions. However, there seems to be a confusion about how they differ from one another.

NatWest partners with Vodeno to create new BaaS business

NatWest Group has entered a strategic partnership with the Vodeno Group to create a new banking-as-a-service (BaaS) business in the UK.

Maplerad emerges from stealth with banking-as-a-service

Nigeria-based Maplerad has reportedly raised $6m for its seed round, as it establishes a global banking-as-a-service platform aimed at Africa.

1 in 5 FinTechs lose $11m each year due to BaaS...

 One in five FinTechs are losing $11m each year in product delays due to banking-as-a-service (BaaS) providers, a report from ClearBank claims.

Total BaaS revenue to exceed $38bn by 2027

The total banking-as-a-service (BaaS) platform revenue will exceed $38bn by 2027, rising from $11bn in 2022, according to a report from Juniper Research.

Temenos to help digitise banking at North International Bank

Open banking platform Temenos will supply its services to North International Bank (NIBank) to enable digital services for its retail banking and private wealth operations.

Unit becomes first banking-as-a-service provider to reach unicorn status

Unit hits $1.2bn valuation, which it claims makes it the first banking-as-a-service platform to reach unicorn status.

Societe Generale buys banking-as-a-service platform Treezor

Societe Generale has purchased French banking-as-a-service platform Treezor as part of its ‘transform to grow’ strategy.

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