German BaaS provider Solaris raises €96M after €6.5M BaFin fine to onboard ADAC co-branded credit card. Why the pivot to enterprise deals could define 2024.
Automotive payment platform NX Technologies raises $24M led by PayPal Ventures. Why vertical-specific providers like HiHealth are becoming the missing layer in embedded finance.
Griffin secures UK banking license while Lemon Markets launches with Beatvest. How competing infrastructure providers with full licenses reshape European embedded finance.
Gaming hardware company Razer rebrands fintech unit to Fiuu after doubling Southeast Asia revenue to $295M by 2025. How brand leverage works in embedded finance.
US banking-as-a-service provider Treasury Prime pivots from fintech to bank-direct offering amid regulatory pressure. Why this shift could reshape the BaaS industry.