Parpera, Railspay to launch BaaS app in Australia

Monday 18 October 2021 14:05 CET | News

Money management platform Parpera is set to launch its banking-as-a-service (BaaS) product in Australia and offer deposits through a partnership with Railspay.

Parpera will provide self-employed Australians with tools for invoicing, cash flow and tax reporting, as well as access to bank accounts and business debit cards through neobank Volt and Mastercard.

It has partnered with open banking API and a BaaS platform Railsbank, trading locally as Railspay, to gain access to its embedded finance features in Australia before launching globally. Railspay launched into the Australian market in March 2021 through its own BaaS partnership with digital bank Volt.

More: Link

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: e-invoicing, partnership, BaaS, embedded finance
Categories: Banking & Fintech | Online & Mobile Banking
Countries: Australia
This article is part of category

Banking & Fintech