German BaaS provider Dock Financial files for insolvency as ex-Solaris CEO's turnaround fails. Why the 2006 company's corporate history doomed its startup ambitions.
Travel giant Amadeus secures Spanish EMI license for Outpayce subsidiary launching virtual cards. Why the company chose build over buy for travel payment infrastructure.
UK restaurant SaaS Nory launches lending with Youlend as 89% of US vertical SaaS companies embed finance. Why payments are the beachhead for European SME platforms.
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.