January 2023 Embedded Finance News
This edition includes news about Railsr, Marqeta and Falcon as well as insightful reads about Community Banks, Fintech Partnerships and EF impact on traditional banks.
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 🇮🇳
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🇪🇺 Research: European SMEs trust BaaS will overtake traditional banking
🇪🇺 Santander, Allianz Trade & Two partner to provide B2B BNPL to large multinational corporations
🇬🇧 African payments giant Flutterwave vies to buy British fintech Railsr. Flutterwave eyes up Railsr.
🇬🇧 Soldo selected as supplier for Crown Commercial Service pre-paid cards
🇬🇧UK B2B SMEs missing out on opportunity to use embedded finance, research shows
🇬🇧 Lloyds invests £4m in driving payments app Caura
🇬🇧 Sage and Equifax combine to help UK employees take the pain out of life admin
🇬🇧 Embedded business finance platform Liberis secures €30 million in debt funding for European expansion.
🇩🇪 Solaris may only accept new customers with BaFin's permission
🇩🇪 Cover Genius Partners with HomeToGo to Provide Embedded Protection for Short-Term Rentals
🇩🇪 Plug-and-Play Finance provider Dock Financial swallows SME lending platform Compeon
🇫🇮 Enfuce works with Orka Ventures to launch new card product across the Nordics
🇫🇮 Welcome.Place launches refugee 'First Aid' card pilot in France with Enfuce, Epassi & Visa
🇨🇭 Temenos expands BaaS capabilities
🇪🇸 Inversis places Pecunpay as the first e-money institution in the Spanish payments system
🇺🇸 The BaaS Association names first CEO, Bill Briggs
🇺🇸 Jobber Says Embedded Finance Builds Cash Flow Confidence for Home Services Businesses
🇺🇸 Marqeta makes a $275 million bet on embedded finance
🇺🇸 Blue Ridge Bank names Fed staffer Muetzel as fintech president
🇺🇸 Suppli Raises $3.1M to Grow AR Platform for Construction Industry
🇺🇸 Method - A Provider For Embedding Repayment, Balance Transfers And Bill Pay Automation - Closes $16M Series A Funding
🇺🇸 Axiom Bank partners with Cable to automate financial crime compliance development for the bank’s fintech program
🇮🇳 Yes Bank partners Falcon to tap into the embedded finance market
🇨🇳 ByteDance Pushes Into Payments With Help From J.P. Morgan
🇧🇷 Dock Launches Platform Offering Financial Services in Latin America
📈 Embedded Finance Fuels Growth in Choppy Economy — Here’s How to Start (Jonathan Zell, McKinsey)
🔮 Embedded Finance Predictions: insights into a fast-evolving market (aperture)
🔚 Embedded Finance Will End Traditional Banking? Actually... Yes! (David Birch)
💰 Banking-as-a-Service Delivers New Deposits for Banks (Chris Dean, Treasury Prime)
🏦 How Community Banks Can Stay Competitive with Embedded Banking (Patrick Wong, Treasury Prime)
🛫 Are we still at the beginning of “Embedded Finance” revolution? (Taner Akcok, Deutsche Bank)
💡Embedded finance to lead the way in 2023 fintech innovation (Chris O’Neill, Xero)
👫 How the role of partnerships is changing in the embedded finance ecosystem (Sara Khairi, Tearsheet)
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