Tag: embedded finance

Trading 212 and Paynetics have embarked on a strategic partnership to enhance financial services for users across Europe.

iwoca, a prominent FinTech company, has announced a significant new funding round, securing £270m in debt financing from major financial players Citi and Barclays.

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.

Satago, which offers innovative working capital solutions including Invoice Finance and Cash Flow management, has partnered with Mmob, which specialises in simplifying the integration process for digital financial services.

Paynetics acquires Novus to bolster environmental, social, and governance (ESG) initiatives, a move that is set to transform the FinTech landscape.

Flowpay, a pioneering Czech FinTech firm, has recently announced a successful €2.1m seed funding round.

As we delve deeper into 2024, the embedded finance phenomenon continues to reshape the financial services sector. A Capgemini survey from 2021 revealed that over 70% of banking executives view embedded finance as a catalyst for innovation, customer base expansion, and cost reduction, predicting its market value to soar to $588bn by 2030 from $22bn in 2020. This trend positions embedded finance as a key strategic channel for banks.

As we delve into the initial months of 2024, the wealth management sector stands at the cusp of transformation, propelled by technological advancements and a challenging economic landscape.

Woli, an Athens-based smart money app, has teamed up with Paynetics to empower financial literacy among children and teenagers.  Woli is revolutionising the way children...

Mesh, a leading provider of embedded finance solutions, has recently announced a strategic investment from PayPal Ventures.