Tag: banking-as-a-service
Why Europeans are switching: The attraction of embedded financial services
Embedded financial services are increasingly becoming the preferred choice for European consumers. The prime reason for this preference is the easier access to these services when compared to traditional banking institutions.
Pakistani FinTech Neem secures strategic investment from DNI Group
It has been announced that Neem, an innovative Pakistani FinTech startup, has entered into a strategic partnership with DNI Group.
UK BaaS platform Griffin secures $13.5m in Series A funding
Griffin, a BaaS platform from the UK, has recently successfully raised $13.5 million in its Series A fundraising event.
BKN301 Group partners with Finastra to launch Banking as a Service...
Finastra, an esteemed international supplier of financial software applications and marketplaces, has partnered with BKN301 Group, a FinTech firm dedicated to dismantling financial barriers.
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.