embedded finance

Global Processing Services raises $300M for its API-based payments and embedded finance platform

Embedded finance continues to be a major theme in the world of fintech, with a wide swathe of new financial services companies tapping APIs built by others to power payments and other financial transa

Productfy raises $16M to build ‘DeFi for traditional finance’

Productfy Inc., a banking-as-a-service (BaaS) platform that aims to build “DeFi for traditional finance,” has raised $16 million in a Series A round of funding led by CM Ventures. Existing backers

Highnote emerges from stealth with $54M and a plan to take on Marqeta in the world of card issuing as a service

Fintech startups have thrown a curve ball into the world of financial services by building more flexible, cheaper and user-friendly tools to businesses and consumers, who in turn are walking away from

Swan raises $18.7 million to provide embedded banking services

French startup Swan has raised an $18.7 million Series A funding round (€16 million) led by Accel. The company provides a banking-as-a-service platform for other products and services. Embedded fina

UK’s MarketFinance scores $383M to fuel its online loans platform for SMBs

Small and medium businesses regularly face cashflow problems. But if that’s an already inconvenient predicament, it has been exacerbated to the breaking point for too many during the COVID-19 pa

Airwallex raises $200M at a $4B valuation to double down on business banking

Business, now more than ever before, is going digital, and today a startup that’s building a vertically integrated solution to meet business banking needs is announcing a big round of funding to

Embedded finance won’t make every firm into a fintech company

Starbucks offers an integrated wallet and payments within its app, and Lyft offers its drivers a debit card. But that doesn’t make them fintech companies.

Rapyd raises $300M on $8.75B valuation as fintech-as-a-service continues to boom

Neobanks, other financial startups and the basic concept of “finance anywhere” are seeing huge gains at the moment, and today one of the key companies building the infrastructure that powe

Solarisbank raises $224M at a $1.65B valuation to acquire Contis, expand API-based embedded banking tech in Europe

The round comes about a year after Solarisbank's last round of $67.5 million, but as a sign of the times, what is perhaps more notable is that its valuation has nearly quintupled since then.

MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion

Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever. This growth

Extra Crunch roundup: Lordstown Motors’ woes, how co-CEOs work, Brian Chesky interview

Lordstown Motors released its Q1 earnings yesterday, and the electric vehicle manufacturer is facing a few challenges.

Embedded finance will help fill the life insurance coverage gap

There’s latent demand for life insurance currently unaddressed by much of the financial services industry, and embedded finance can be the solution.

Embedded finance startup Banxware raises €4M seed

Embedded finance — the idea of offering financial products where customers are already congregating via white label solutions and APIs — isn’t an entirely new concept. In fact, in on

Liberis, the embedded finance provider for SMEs, raises additional £70M in debt

Liberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in fund

Extra Crunch roundup: ‘Nightmare’ security breach, Poshmark’s IPO, crypto boom, more

The rest of the world may be slowing down as we prepare for Christmas and New Year's, but we are not taking our foot off the gas.

From startups to Starbucks: The embedded API opportunity

We are sure to see large category leaders in the coming years, along with new use cases beyond today’s imagination.

Wise raises another $12 million to double down on embedded business banking

Fintech startup Wise has raised a $12 million Series A round. The company offers business bank accounts with an interesting go-to-market strategy. Wise partners with other companies so that they can o