embedded finance
Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK
Ember has partnered with HSBC in the U.K. so that the bank’s business customers can access Ember’s services from their online accounts.
Stripe continues to hold the title of being the biggest financial technology business still in private hands, with a current valuation of about $65 billion and a whopping $1 trillion in…
finmid is building an embedded finance product that targets that relationship between marketplaces and sellers, and raised a Series A round to further build out its product and enter new…
For the past few years, everybody working in fintech has been talking about embedded finance. It’s supposed to be the next revolution in financial services — bringing financial services to other…
Solaris raises $42M at a flat $1.6B valuation to expand in embedded finance after a rough 2022
Solaris — the German fintech that, when it was known as Solarisbank, raised hundreds of millions of dollars to build out its embedded finance platform — is today announcing more…
Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included participation…
Railsr, the UK embedded fintech once valued at nearly $1B, goes into bankruptcy protection under new consortium owner
Startups are facing a moment of reckoning in the current economic climate, and today one of the more promising in the world of fintech has cracked under the pressure. Railsr,…
In this operating environment, startups have a better chance of impressing investors if they can point to tangible results.
Embedded banking has been on a growth tear in the last several years as companies turned to APIs to embed financial services like credit, payments and deposits to grow their revenues.…
Daily Crunch: Xeneta raises $80M to build out its real-time analytics platform for shipping and air freight
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
It always feels good to get paid, so it’s no surprise that a payroll model like earned wage access (EWA), which lets employees withdraw their accrued wages at any time,…
Runa Capital kicks off new fund as it joins the VC ‘Scramble for Europe’ by moving to Luxembourg
TechCrunch understands Runa Capital, which launched in 2010, has raised $55 million toward its fourth fund, aiming for a target of $250 million. The company is declinging to comment. However,…
Pakistan’s Neem raises $2.5M to serve underbanked communities with its embedded finance platform
Pakistan’s embedded finance platform Neem has raised $2.5 million in a seed funding round as it works to support underbanked communities in the country. The Karachi-based startup targets communities across…
By utilizing APIs and a few lines of code, Solid enables customers to embed fintech products and get them up-and-running quickly.
Access to finance remains a key growth constraint for small businesses, with data showing a $330 billion financing deficit for the small enterprises that make up 90% of Africa’s businesses.…
Nigerian YC-backed startup Anchor comes out of stealth with $1M+ to scale its banking-as-a-service platform
In 2015, the emergence of fintechs such as Flutterwave and Paystack changed the game for online businesses in Africa by making it easier to integrate payments into customer interfaces without…
The company enables its customers to quickly and easily create digital banking features without the need for developers.
Amid a pandemic and unrest over gasoline prices, investors are still pouring money into Latin America’s logistics and shipping businesses.
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 rather than employees. Because many of…
Grover grabs $330M to double down on 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 to pollute it. Today, a…
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Cross River Bank goes from tiny to mighty, with a $3B+ valuation and a crypto-first strategy
Financial technology startups raised $121.6 billion last year — up 153% year-over-year in terms of global VC deal value — and include a range of outfits, from payments companies to digital banks to corporate spend players. It’s not as typical for us to hear, though, about venture capitalists pouring millions…
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 ‘Tap to Pay’ solution for Android users…
“Embedded commerce” started with things like PayPal and has evolved with products like Stripe, many years later. But “embedded finance” is appearing as a new wave in fintech, with the…
OZÉ, a Ghanaian fintech startup that provides digital recordkeeping tools with embedded finance products to medium and small businesses, has raised a $3 million pre-Series A round. The startup’s new…
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 financial technology, and a much bigger group…
Africa’s appetite for cloud computing software continues to increase as connectivity and bandwidth opportunities push boundaries. Per reports, the continent’s cloud computing industry coupled with the Middle East is expected…
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 funding to take the next…
Tradeshift — the late-stage startup tackling supply chain financing — has announced a $200 million funding round in equity and debt from a combination of existing and new investors, including…
Last year, fintech API infrastructure players came into the African tech scene, ushering in Plaid-like services to businesses and developers. And the attention on these companies, particularly from venture capitalists,…
As food operators themselves, ZAK founders saw first-hand last year the toll it was taking on restaurants that needed to quickly reinvent themselves during the pandemic.
