Tag: embedded finance

Finfra, a platform for businesses seeking to launch white-labelled lending services in Indonesia, has disclosed a successful funding round.

Qorbis and Mbanq, two pioneering entities in the world of FinTech, have announced a new partnership. Qorbis, renowned for its end-to-end embedded finance and FinTech personalisation solutions, has joined hands with Mbanq, a top-tier Banking-as-a-Service (BaaS) provider.

Griffin, a BaaS platform from the UK, has recently successfully raised $13.5 million in its Series A fundraising event.

Embedded finance platform Railsr has been purchased and re-capitalised by a consortium led by D Squared Capital.

The global revenue from embedded payments for embedded finance vendors will reach $59bn in 2027, rising from $32bn in 2023, according to Juniper Research.

Research by financial firm Bain has found that the transaction value of embedded finance is set to double to $7trn by 2026.

A study by composable banking platform Temenos has found that three in five – 60% - of UK adults use embedded finance services when shopping online.

Responsible, an embedded finance company designed to make the fashion industry more circular, has secured $6.6m from a seed round held by Barclays.

Card issuing company Highnote has raised $54m in seed and Series A funding as the firm emerges from stealth.

A recent blogpost by Currencycloud has detailed how the FinTech sector is helping to level the playing field in the corporate remittance market.