Swiss Hypothekarbank Lenzburg acquires 9.9% stake in German Sutor Bank for cross-border BaaS expansion. Why this partnership could reshape European embedded banking.
Japanese investor SBI Holdings takes 70-80% stake in German BaaS provider Solaris with €100-150M rescue funding. How the unicorn's valuation crash wipes out investors.
UniCredit empowers embedded lending provider Banxware to offer EUR 5M loans to marketplaces like Lieferando. How bank-fintech partnerships reshape European embedded finance.
German BaaS provider Solaris avoids liquidation as shareholders reject closure with SBI Holdings likely to provide rescue funding and majority stake. What happens next.
German BaaS provider Solaris seeks €100-150M funding or buyer as first-mover advantage becomes liability. Why the banking-as-a-service pioneer struggles after nine years.
German fintech XP Card partners with Advanzia for gaming credit card targeting niche community. Why low EU interchange forces fintech to seek alternative revenue beyond card fees.
Deutsche Bank partners with Upvest providing IBAN infrastructure for trading APIs as banks enter embedded finance through infrastructure partnerships not customer-facing products.
Berlin healthtech Nelly partners with Adyen for embedded banking and payments targeting doctors in Germany and Italy. Why healthcare is the next embedded finance frontier.
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.
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.