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Category: embedded finance

Solid banks $63M for easier deployment of embedded fintech products

By utilizing APIs and a few lines of code, Solid enables customers to embed fintech products and get them up-and-running quickly.

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Kenyan fintech Pezesha raises $11M backed by Women’s World Banking, Cardano parent IOG

Pezesha has built a scalable digital lending infrastructure that allows both traditional and non-traditional finance institutions to offer working...

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Deposits banks $5M for its plug-and-play approach to financial product creation

The company enables its customers to quickly and easily create digital banking features without the need for developers.

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Why Latin America’s freight-forwarding opportunity is still attracting capital

Amid a pandemic and unrest over gasoline prices, investors are still pouring money into Latin America's logistics and shipping businesses.

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ImaliPay gets $3M to offer financial services to underserved gig workers across Africa

The gig economy is experiencing profound growth in Africa. Yet, all that growth hasn’t changed the status of workers who are seen as contractors...

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Grover grabs $330M to double down on the circular economy with consumer electronics subscriptions

A growing number of people are looking for ways to live more sustainably amid increasing concerns over the environment and what we humans keep doing...

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Cross River Bank goes from tiny to mighty, with a $3B+ valuation and a crypto-first strategy

Cross River Bank powers lending and payments for fintechs such as Affirm, Coinbase and Stripe.

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Flutterwave backs UK fintech Dapio in $3.4M round for its contactless payments play

Dapio, the U.K.-based cashless payment solutions provider for businesses, today announced that it has raised $3.4 million to fuel the launch of its...

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Intergiro de-cloaks as a new fintech startup in ’embedded banking’

“Embedded commerce” started with things like PayPal and has evolved with products like Stripe, many years later. But “embedded...

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Ghana’s OZÉ gets $3M to scale its digital recordkeeping and embedded finance products

OZÉ, a Ghanaian fintech startup that provides digital recordkeeping tools with embedded finance products to medium and small businesses, has raised...

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Global Processing Services adds $100M to its coffers to grow its embedded finance and API payments platform

Embedded finance continues to be the engine driving the growth of fintech, with one group of companies building core banking, payments and other...

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Nigeria’s SeamlessHR raises $10M to expand HR and payroll solutions across Africa

Africa’s appetite for cloud computing software continues to increase as connectivity and bandwidth opportunities push boundaries. Per reports, the...

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Novo, the SMB neobank, nabs $90M at a $700M valuation

Novo, the startup building a new kind of banking service from the ground up for small and medium businesses, has closed a significant round of...

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SF’s Tradeshift, a supply chain finance platform, raises $200M

Tradeshift — the late-stage startup tackling supply chain financing — has announced a $200 million funding round in equity and debt from a...

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Nigeria’s OnePipe raises $3.5M to double down on its embedded finance offering

Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to businesses and developers. And the...

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Digital restaurant startup Zak orders up new capital on mission to be ‘Toast of LatAm’

As food operators themselves, ZAK founders saw first-hand last year the toll it was taking on restaurants that needed to quickly reinvent themselves...

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Vendease gets $3.2M to help hotels and restaurants buy food supplies in Africa

Vendease, an online marketplace that allows restaurants and other food businesses to buy supplies straight from manufacturers and farms, has raised a...

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Global Processing Services raises $300M for its API-based payments and embedded finance platform

Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built by...

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Productfy raises $16M to build ‘DeFi for traditional finance’

Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A...

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Highnote emerges from stealth with $54M and a plan to take on Marqeta in the world of card issuing as a service

Fintech startups have thrown a curve ball into the world of financial services by building more flexible, cheaper and user-friendly tools to...

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Swan raises $18.7 million to provide embedded banking services

French startup Swan has raised an $18.7 million Series A funding round (€16 million) led by Accel. The company provides a banking-as-a-service...

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UK’s MarketFinance scores $383M to fuel its online loans platform for SMBs

Small and medium businesses regularly face cashflow problems. But if that’s an already inconvenient predicament, it has been exacerbated to the...

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Airwallex raises $200M at a $4B valuation to double down on business banking

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business...

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Embedded finance will help fill the life insurance coverage gap

There’s latent demand for life insurance currently unaddressed by much of the financial services industry, and embedded finance can be the solution.

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Embedded finance startup Banxware raises €4M seed

Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs —...

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Rapyd raises $300M on $8.75B valuation as fintech-as-a-service continues to boom

Neobanks, other financial startups and the basic concept of “finance anywhere” are seeing huge gains at the moment, and today one of the...

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Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe

The round comes about a year after Solarisbank's last round of $67.5 million, but as a sign of the times, what is perhaps more notable is that...

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MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion

Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more...

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