Tag: Banking-as-a-Service/BaaS
UK fintech infrastructure platform Manigo snapped up by Invex Ventures
Acquisition Announcement: UK-based private equity firm Invex Ventures has acquired Manigo, a fintech infrastructure platform, for an undisclosed...
HSBC reportedly writes off remaining $5.8m stake in UK fintech Monese
HSBC Holdings has written off its remaining 5.4% stake in UK-based fintech Monese.
HSBC acquired a minority interest...
Solaris to “discontinue major parts” of EMI business
Solaris Discontinues Major EMI Operations: German embedded finance platform Solaris announced it will discontinue significant parts of its...
Fibabanka debuts first BaaS platform in Türkiye with GetirFinans
Fibabanka launches Türkiye’s first Banking-as-a-Service (BaaS) platform.
GetirFinans, a financial services arm of Getir, is the platform's first...
Malta’s Papaya promotes Igor Tsybolyuk to CEO
Promotion to CEO: Maltese fintech company Papaya has promoted Igor Tsybolyuk to the role of CEO, effective immediately....
Unit secures new embedded finance partnerships with Vantage Bank and Lincoln Savings Bank
Partnerships with Vantage Bank and Lincoln Savings Bank (LSB):Unit has struck deals with Texas-based Vantage Bank ($4.2...
Texas-based TransPecos Banks selects Oscilar’s risk management tech for BaaS compliance
Partnership Announcement: TransPecos Banks, a Texas-based community bank, has partnered with San Francisco-based fintech Oscilar to enhance its...
UniCredit set to acquire Aion Bank and BaaS provider Vodeno for €370 million
Key Points:Acquisition Agreement:UniCredit has signed a binding agreement to acquire Aion Bank and Vodeno for approximately €370...
FCA lifts partner onboarding restrictions on UK fintech Modulr
Key Points:Lifted Restrictions:The FCA has lifted the temporary partner onboarding restrictions imposed on Modulr last October.Original...
US FDIC issues consent order to Thread Bank
FDIC Issues Consent Order to Thread Bank: Key PointsConsent Order Issuance:The US Federal Deposit Insurance Corporation (FDIC)...
Starling Bank reports 50% revenue rise in third year of profitability
Starling Bank Reports Third Year of Profitability
Key Financial Highlights:Pre-Tax Profits: Increased by 54.7% to £301.1 million.
Revenue: Rose...
Business banking start-up GoDutch launches in the Netherlands
GoDutch Launch:Amsterdam-based business banking start-up GoDutch launched this week.
Aims to redefine "fair banking" by sharing up...