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.
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.
Lexoffice, Germany's leading digital invoicing platform, launches business bank account and debit card in partnership with Solaris to offer seamless embedded banking.
Amazon, Apple, Shopify, Twitter, and Uber make multiple moves in embedded finance, from co-branded cards to insurance, highlighting Big Tech’s expanding role in financial services.
Metro FS, the German wholesale subsidiary, hits 10,000 customers with its Mastercard debit card, BNPL, and cashback program showing strong product-market fit.
Jimdo introduces banking product with Solaris, offering bank account and Visa card to paid users, aiming to simplify finances for solo-preneurs and small businesses.
German brand Share partners with ING to launch a current account where customers support social initiatives with every subscription through embedded banking.
