January 2023 Embedded Finance News

January was a busy month for Embedded Finance. I hope you enjoy the edition and would highly appreciate any feedback you might have.

Sunny greetings from Mumbai ๐Ÿ‡ฎ๐Ÿ‡ณ

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๐Ÿ‡ช๐Ÿ‡บ Research: European SMEs trust BaaS will overtake traditional banking

๐Ÿ‡ช๐Ÿ‡บ Santander, Allianz Trade & Two partner to provide B2B BNPL to large multinational corporations

๐Ÿ‡ฌ๐Ÿ‡ง African payments giant Flutterwave vies to buy British fintech Railsr. Flutterwave eyes up Railsr.

๐Ÿ‡ฌ๐Ÿ‡ง Soldo selected as supplier for Crown Commercial Service pre-paid cards

๐Ÿ‡ฌ๐Ÿ‡งUK B2B SMEs missing out on opportunity to use embedded finance, research shows

๐Ÿ‡ฌ๐Ÿ‡ง Lloyds invests ยฃ4m in driving payments app Caura

๐Ÿ‡ฌ๐Ÿ‡ง Sage and Equifax combine to help UK employees take the pain out of life admin

๐Ÿ‡ฌ๐Ÿ‡ง Embedded business finance platform Liberis secures โ‚ฌ30 million in debt funding for European expansion.

๐Ÿ‡ฉ๐Ÿ‡ช Solaris may only accept new customers with BaFin's permission

๐Ÿ‡ฉ๐Ÿ‡ช Cover Genius Partners with HomeToGo to Provide Embedded Protection for Short-Term Rentals

๐Ÿ‡ฉ๐Ÿ‡ช Plug-and-Play Finance provider Dock Financial swallows SME lending platform Compeon

๐Ÿ‡ซ๐Ÿ‡ฎ Enfuce works with Orka Ventures to launch new card product across the Nordics

๐Ÿ‡ซ๐Ÿ‡ฎ Welcome.Place launches refugee 'First Aid' card pilot in France with Enfuce, Epassi & Visa

๐Ÿ‡จ๐Ÿ‡ญ Temenos expands BaaS capabilities

๐Ÿ‡ช๐Ÿ‡ธ Inversis places Pecunpay as the first e-money institution in the Spanish payments system


North America

๐Ÿ‡บ๐Ÿ‡ธ The BaaS Association names first CEO, Bill Briggs

๐Ÿ‡บ๐Ÿ‡ธ Jobber Says Embedded Finance Builds Cash Flow Confidence for Home Services Businesses

๐Ÿ‡บ๐Ÿ‡ธ Marqeta makes a $275 million bet on embedded finance

๐Ÿ‡บ๐Ÿ‡ธ Blue Ridge Bank names Fed staffer Muetzel as fintech president

๐Ÿ‡บ๐Ÿ‡ธ Suppli Raises $3.1M to Grow AR Platform for Construction Industry

๐Ÿ‡บ๐Ÿ‡ธ Method - A Provider For Embedding Repayment, Balance Transfers And Bill Pay Automation - Closes $16M Series A Funding

๐Ÿ‡บ๐Ÿ‡ธ Axiom Bank partners with Cable to automate financial crime compliance development for the bankโ€™s fintech program



๐Ÿ‡ฎ๐Ÿ‡ณ Yes Bank partners Falcon to tap into the embedded finance market

๐Ÿ‡จ๐Ÿ‡ณ ByteDance Pushes Into Payments With Help From J.P. Morgan



๐Ÿ‡ง๐Ÿ‡ท Dock Launches Platform Offering Financial Services in Latin America


Insightful reads

๐Ÿ“ˆ Embedded Finance Fuels Growth in Choppy Economy โ€” Hereโ€™s How to Start (Jonathan Zell, McKinsey)

๐Ÿ”ฎ Embedded Finance Predictions: insights into a fast-evolving market (aperture)

๐Ÿ”š Embedded Finance Will End Traditional Banking? Actually... Yes! (David Birch)

๐Ÿ’ฐ Banking-as-a-Service Delivers New Deposits for Banks (Chris Dean, Treasury Prime)

๐Ÿฆ How Community Banks Can Stay Competitive with Embedded Banking (Patrick Wong, Treasury Prime)

๐Ÿ›ซ Are we still at the beginning of โ€œEmbedded Financeโ€ revolution? (Taner Akcok, Deutsche Bank)

๐Ÿ’กEmbedded finance to lead the way in 2023 fintech innovation (Chris Oโ€™Neill, Xero)

๐Ÿ‘ซ How the role of partnerships is changing in the embedded finance ecosystem (Sara Khairi, Tearsheet)




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