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Why we haven't seen a global Banking-as-a-Service provider. Yet.

Voice of the Industry | Online & Mobile Banking | 05 Apr 2024

Shaul David, Embedded Finance Advisor Despite regulatory challenges, the BaaS excitement remains strong, but the lack of cross-jurisdictional platforms hinders global Embedded Finance adoption.

BaaS, banking-as-a-service, embedded finance, fintech, banks, payments

The emergence and evolution of Open Banking in the US

Interviews | Online & Mobile Banking | 19 Feb 2024

Rob Mannamkery from EY highlights financial wellness, real-time analytics, and modular balance sheet services as emerging trends in progressive US Open Banking.

Open Banking, fintech, regulation, banks

Novo announces Novo Payroll for small businesses

News | Payments General | 26 Jan 2024

Novo has announced Novo Payroll, a payroll solution that is fully integrated into Novo’s platform of small business banking, budgeting, and working capital solutions. 

SMEs, payments , API, tax bill, product launch, financial services

Novo launches new capabilities for its invoicing application

News | E-invoicing, SCF & E-procurement | 20 Sep 2023

Novo, a financial solutions platform for small businesses, has announced a range of new capabilities for Novo Invoices, the company’s free invoicing application.

e-invoicing, SMEs, cash flow, financial services, fintech

Powens expands to Portugal, increases coverage in Germany and UK

News | Online & Mobile Banking | 20 Dec 2022

Open Finance platform Powens has announced that it expanded its solutions in Portugal and have also significantly expanded the company’s coverage in the UK and Germany.

expansion, Open Banking, Open Finance

Novo secures USD 125 mln in Series B funding

News | Online & Mobile Banking | 25 Nov 2022

US-based neobank Novo has raise a USD 125 million Series B round to scale operations and reach more customers in the near future.

neobanks, funding, SMEs, cash flow, Same Day ACH

Xepelin raises USD 111 mln in Series B financing round

News | Payments General | 03 May 2022

Xepelin, a Chile-based payment platform and business financial services for SMEs, has raised USD 111 million in its Series B financing round, led by Avenir and Kaszek.

fintech, funding, payments , financial services, SMEs

Volante Technologies to accelerate ISO 20022 payments modernisation

News | Payments General | 16 Mar 2022

Cloud payments and financial messaging company Volante Technologies has announced the launch of the Volante ISO 20022 Service. 

Volante Technologies, ISO 20022, payments

NayaPay receives USD 13 mln in seed round to boost Pakistan's digital payments

News | Online Payments | 25 Feb 2022

Pakistan-based fintech platform NayaPay has raised USD 13 million in seed round led by Zayn Capital.

digitalisation, payment processing, e-money, banking license, online banking, funding, crowdfunding, online payments

Novo raises USD 90 mln

News | Payments General | 14 Jan 2022

Novo, a startup building a new kind of banking service for SMBs, has raised USD 90 million in a Series B round that values startup at USD 700 million

neobanks, digital banking, funding

Cypress Bank & Trust partners with CSI

News | Online & Mobile Banking | 05 Jan 2022

US-based Cypress Bank & Trust, a de novo bank serving markets across Florida, has selected Computer Services, Inc.’s (CSI) NuPoint core platform.

partnership, digital banking

Mbanq partners with Temenos to accelerate Banking-as-a-Service in the US

News | Online & Mobile Banking | 11 Oct 2021

US-based Mbanq, a Banking-as-a-Service provider, has signed a strategic agreement with Temenos, the open cloud banking company, to launch a Credit-Union-as-a Service (CUaaS) offering, and to accelerate BaaS adoption across the US.

BaaS, digital banking, BNPL

Novo secures USD 41 mln

News | Online & Mobile Banking | 17 Jun 2021

Novo, a neobank that has built a service targeting small businesses, has closed a round of USD 40.7 million in a Series A.

neobanks, banks, funding

Thought Machine integrates Wise Platform for international payments

News | Payments General | 30 Apr 2021

Thought Machine, a cloud native core banking technology company, has selected global payments company Wise, formerly known as TransferWise, by integrating Wise Platform into Thought Machine’s core banking engine, Vault.

partnership, money transfer, banks, fintech, cross-border payments, API, Thought Machine

Paxos gets USD 300 mln to boost its financial market infrastructure platform

News | Cryptocurrencies | 29 Apr 2021

Paxos, a regulated blockchain infrastructure platform, has closed a USD 300 million Series D round of funding to boost its financial market infrastructure platform’s growth.

Paxos, funding, blockchain, digital assets, online payments, stablecoin

Climate First Bank selects Finastra software to deliver values-based banking

News | Online & Mobile Banking | 08 Feb 2021

Climate First Bank has selected a complete suite of banking software from Finastra, according to the official press release. 

Climate First Bank, US, Finastra, banking software, values-based banking, online banking, Open Finance

Mambu teams up with TransferWise for international money transfers

News | Payments General | 22 Apr 2020

TransferWise, a global financial technology company, has partnered with Germany-based cloud banking platform Mambu

TransferWise, bank, Mambu, cloud banking, partnership, Germany, challenger banks, technology, exchange, API, Monzo, UK, N26, Bunq, LHV, Europe, Stanford FCU, Novo, US, Up, Australia, France, BPCE

Digital banking service One selects Finxact's Core-as-a-Service

News | Payments General | 31 Mar 2020

One, a new digital banking app, has selected Finxact, a provider of Core-as-a-Service banking solutions, to power its service.

Finxact, Core as a Service, banking, ONE, banking app, banks, real time, platform, US

Novo Dia Group, Square announce integration; TotilPay POS apps revealed

News | Online Payments | 11 Mar 2020

Novo Dia Group (NDG) has unveiled an integration with Square and an enhancement of its flagship POS solution, Mobile Market+, now called TotilPay.  

Novo Dia Group, integration, Square, sellers, TotilPay POS, EBT, electronic benefit transfer, credit cards, accounts, payments

NOVO BANCO selects Fiserv for payments processing

News | Online Payments | 03 Oct 2019

NOVO BANCO has selected Fiserv to consolidate its existing payments infrastructure and deploy new end-to-end billing and payment capabilities.

NOVO BANCO, Fiserv, payments processing, billing, Portugal