Europe - Embedded Finance Review

Swedish Direct Lender Qred Bank Buys Into Embedded Lending with Liberis

Qred and Liberis are combining into a single SMB finance group, backed by Nordic Capital. On 18 June 2026, Nordic Capital announced an agreement to acquire Liberis and further invest

By Lars Markull

/ 19 Jun 2026

Swedish Direct Lender Qred Bank Buys Into Embedded Lending with Liberis

ROLLER embeds business lending with Adyen Capital across 3,000 venues

ROLLER embeds business lending across 3,000+ venues with Adyen Capital, turning five years of payments data into revenue-based cash advances.

By Lars Markull

/ 15 Jun 2026

ROLLER embeds business lending with Adyen Capital across 3,000 venues

ryd launches fleet payments with Mastercard, expanding from consumer to B2B

ryd launches ryd fleet with Mastercard, expanding from consumer mobility payments into the European B2B fleet market with tokenised virtual cards.

By Lars Markull

/ 8 Jun 2026

ryd launches fleet payments with Mastercard, expanding from consumer to B2B

Vinted renews Mangopay across Europe

Vinted has its own EMI and launched Vinted Pay. It has just signed a long-term renewal with Mangopay across Europe. Here's what the architecture suggests.

By Lars Markull

/ 25 May 2026

Briqs wants PSPs to own their lending, not rent it

Briqs offers PSPs the technology layer for embedded lending without the balance sheet. Built by former Adyen Capital operators.

By Lars Markull

/ 14 May 2026

Briqs wants PSPs to own their lending, not rent it

Hokodo Shuts Down After Eight Years and €500M+ in Financed Invoices

Hokodo, a European B2B BNPL provider, has shut down after eight years. Founders published an unusually candid post-mortem of what went wrong.

By Lars Markull

/ 25 Apr 2026

Hokodo Shuts Down After Eight Years and €500M+ in Financed Invoices

Why ConnectPay Chose to Build Its Core Banking System From Scratch

ConnectPay built its own core banking system, Mars. Here is why that decision makes sense for a BaaS provider at scale.

By Lars Markull

/ 23 Feb 2026

Why ConnectPay Chose to Build Its Core Banking System From Scratch

Wrisk Brings Open Banking Into Embedded Insurance With Atto Acquisition

Wrisk acquires Atto to combine embedded motor insurance with open banking credit intelligence for automotive OEMs. One platform, fewer integrations.

By Lars Markull

/ 23 Feb 2026

Wrisk Brings Open Banking Into Embedded Insurance With Atto Acquisition

Adyen and Fresha Launch Embedded Lending Across Seven Markets with $5.5 Million Already Issued

Fresha launches embedded lending with Adyen across seven markets. $5.5M already issued to beauty and wellness SMBs with revenue-based repayments.

By Lars Markull

/ 4 Feb 2026

Adyen and Fresha Launch Embedded Lending Across Seven Markets with $5.5 Million Already Issued

Worldline and YouLend Launch Cash Advance for European SMBs

Worldline launches merchant financing with YouLend. Plus: why PSPs are racing to add lending, and YouLend's $230M revenue milestone.

By Lars Markull

/ 19 Jan 2026

Worldline and YouLend Launch Cash Advance for European SMBs

Wix Expands White-Label Payments to 11 EMEA Countries with Stripe

Wix expands Wix Payments to 11 EMEA countries using Stripe Connect. How the website builder is following Shopify's playbook into embedded finance.

By Lars Markull

/ 2 Jan 2026

Wix Expands White-Label Payments to 11 EMEA Countries with Stripe

Vox AI Adds Payment Terminals to Drive-Thru Voice Ordering

Vox AI partners with Adyen to add payment terminals at drive-thru speaker towers. How the voice AI provider is embedding payments into QSR automation.

By Lars Markull

/ 2 Jan 2026

Vox AI Adds Payment Terminals to Drive-Thru Voice Ordering