Banking-as-a-service

151 articles tagged with this keyword

/sustainable

Standard Chartered taps Starling BaaS platform for green savings product

Standard Chartered's innovation arm has enlisted the help of Starling Bank for a digital platform that will help UK savers invest in green and sustainable projects.

/startups

Fidelity and Visa back emerging markets lender Jumo

Jumo, a South African and London-based fintech startup that helps the underbanked get access to financial services such as loans and savings products, has raised $120 million with backing from Fidelity and Visa.

/retail

Douugh to go global through BaaS partnership with Railsbank

Financial app Douugh has sealed a Banking-as-a-Service arrangement with Railsbank to expand its footprint in Australia, followed by a commercial roll out to the UK, Europe and Southeast Asia.

/people

Westpac chief platform officer moves on as BaaS platform goes into production

Cameron Meindl, Westpac's chief platform officer who has been overseeing the bank's move into the banking-as-a-services arena, has quit after 13 years with the Australian lender.

/retail

Chip launches FSCS-protected accounts with ClearBank

Savings and investment app Chip has struck a deal with banking-as-a-service provider ClearBank to provide users with FSCS-protected accounts and the ability to deposit and withdraw funds in real-time.

/startups

Bling Card enlists Treezor to build kids' pocket money app

Startup Bling Card has joined forces with SocGen-owned BaaS player Treezor to develop a prepaid pocket money card and financial education app for kids in Germany.

/wholesale

HSBC moves into Banking-as-a-Service

HSBC is working with Oracle NetSuite to launch a Banking-as-a-Service (BaaS) offering that will enable customers to create and provide business banking services through their own platforms.

/payments

GPS raises $300 million

Global Processing Services, the payment processor behind a host of challenger bank startups, including Revolut and Starling, has raised $300 million from Advent International and Viking Global Investors.

/retail

Starling to launch banking-as-a-service package in Europe

Starling Bank's much-trailed expansion into European markets will come in the form of a banking-as-a-service technology package, rather than a customer-facing proposition.

/startups

Braintree vets bring embedded finance platform out of stealth with $54 million raise

Highnote, a card issuing startup founded by a pair of Braintree veterans, has emerged from stealth mode with $54 million in combined funding from both a Seed and Series A round.

/startups

BaaS platform Swan to expand internationally on $16 million funding round

French banking-as-a-service platform Swan has secured a $16 million equity raise in a funding round led by Accel.