Happy New Year! I hope you had a good start into 2023 and welcome to the second edition of Embedded Finance News. I was expecting December to be a quiet month but I was so wrong! See for yourself below.
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I have done a few changes compared to the first edition. Most importantly, I changed the structure and instead of splitting the type of news, I decided to split based on geographies. Initially, I was planning to add a personal comment to each news, but decided against it to keep a clean and easy to read structure.
Europe
🇬🇧 Contis retires its brand and becomes Solaris
🇬🇧 KodyPay taps Adyen to offer embedded finance for the hospitality sector
🇬🇧 Griffin hires chief product officer and general counsel
🇩🇪 Solaris shakes up management board as it strives for profitability
🇩🇪 METRO used BaaS to help their small business customers grow
🇩🇪 pay33 partners with Swan and launch mobility card with a payment function
🇸🇪 Zimpler launches pay-by-bank invoice link
🇮🇹 Italy’s biggest neobank inks lucrative deal with Italian postal service
🇳🇱 Mollie and Shieldpay collaborate on B2B payments
🇱🇺 Mangopay appoints Carlos Sanchez Arruti as CFO
North America
🇺🇸 Walmart fintech unit preps BNPL play
🇺🇸 Adam Neumann venture Flow picks Bond to power digital wallet
🇺🇸 Galileo releasees BNPL software for banks and fintechs and unveils direct deposit switch
🇺🇸 Mastercard teams with Marqeta on Instant Vendor Payments
🇺🇸 GlossGenius CEO answers 5 questions about Embedded Finance in SMB verticals
🇺🇸 Airwallex partners with TripActions for expenses
🇲🇽 MercadoLibre tests Business Payments on WhatsApp
Insightful reads
♟️ Four Embedded Finance Strategies for Incumbents
📈 Embedded lending market to exceed USD 32.5 bln by 2032
☕️ The Bank with a Bean Licence - a deep dive into Starbucks' Fintech menu
🏛️ How Does Embedded Finance Regulation Vary Worldwide?
🔌 Why plug-and-play should be the new standard for embedded finance
🛍 Why Embedded Finance Could Transform Social Commerce️
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