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Banking-as-a-Service Stories

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Banking-as-a-Service stories

TabaPay raises USD $155 million to buy Transact Bank
Fintech

TabaPay raises USD $155 million to buy Transact Bank

A planned bank acquisition could give TabaPay greater control over regulated payment flows as it seeks to broaden services for fintech clients.

By Karen Joy Bacudo • 4 min read • Last week
xpate launches API money management tool for businesses
Software-as-a-Service

xpate launches API money management tool for businesses

Digital businesses can now manage accounts, transfers and reporting inside existing software, as xpate shifts further into embedded finance.

By Karen Joy Bacudo • 4 min read • Last week
FIS & Ericsson join forces on digital wallet platform
Fintech

FIS & Ericsson join forces on digital wallet platform

Firms launching wallet services could cut launch delays as the pre-integrated setup joins payments, issuing, identity and ledger tools.

By Karen Joy Bacudo • 4 min read • This month
FV Bank launches global managed accounts for fintechs
Fintech

FV Bank launches global managed accounts for fintechs

Fintechs and payment platforms can now offer branded accounts and cross-border transfers without juggling multiple banking and compliance providers.

By Karen Joy Bacudo • 4 min read • Last month
OpenPayd links with Circle for faster cross-border fiat
Fintech

OpenPayd links with Circle for faster cross-border fiat

Businesses using OpenPayd can now settle cross-border transfers in seconds while keeping payments in fiat and avoiding blockchain complexity.

By Karen Joy Bacudo • 4 min read • Last month
Defacto goes live on Mambu Payments with SEPA links
Fintech

Defacto goes live on Mambu Payments with SEPA links

It lets the lender automate disbursements and repayments while avoiding costly direct bank integrations for its SEPA-based receivables finance product.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Banking-as-a-Service stories

Chime to buy Stride Bank for USD $590 million cash
Fintech

Chime to buy Stride Bank for USD $590 million cash

The deal gives Chime direct control of its banking infrastructure and is expected to lift earnings while cutting partner fees.

By Karen Joy Bacudo • 4 min read • Last week
ZYMIX picks Mangopay for UK super app wallet launch
Digital Transformation

ZYMIX picks Mangopay for UK super app wallet launch

UK students could soon split tickets, taxis and shared costs inside one app as ZYMIX embeds Mangopay's wallet infrastructure from launch.

By Sofiah Nichole Salivio • 4 min read • Last week
Lucie Money taps Fiskil for open banking data feed
Fintech

Lucie Money taps Fiskil for open banking data feed

Customers will be able to link bank accounts securely as the app replaces manual uploads with consented data under Australia's Consumer Data Right.

By Joseph Gabriel Lagonsin • 4 min read • Last month
Plum picks Upvest for UK investment platform rollout
Fintech

Plum picks Upvest for UK investment platform rollout

The move will let Plum simplify its UK investing setup and add funds, stocks and exchange-traded funds through a single platform.

By Karen Joy Bacudo • 3 min read • Last month
Mercury launches two cash funds with Morgan Stanley
Fintech

Mercury launches two cash funds with Morgan Stanley

Startups can now earn higher returns on idle balances as Mercury adds exclusive fund options from Morgan Stanley and State Street.

By Karen Joy Bacudo • 4 min read • Last month
Lithic & Monavate launch single route to card issuance
Crypto

Lithic & Monavate launch single route to card issuance

Fintechs and crypto firms could cut card-launch complexity as the deal bundles processing, issuing and settlement into one route.

By Karen Joy Bacudo • 4 min read • Last month
Flagstone adds US dollar & euro SME savings accounts
Fintech

Flagstone adds US dollar & euro SME savings accounts

SMEs with overseas suppliers or customers can now earn interest on dollar and euro cash without juggling separate bank relationships.

By Karen Joy Bacudo • 4 min read • Last month
Modern Treasury adds cheque payments to its unified API
Digital Transformation

Modern Treasury adds cheque payments to its unified API

Businesses can now issue cheques through the same workflow as instant payments, cutting out separate printing and reconciliation systems.

By Karen Joy Bacudo • 3 min read • Last month
Mercury launches Spend with employee & agent cards
Fintech

Mercury launches Spend with employee & agent cards

Smaller finance teams can now enforce budgets and receipts in one place as Mercury adds employee and AI agent cards for business customers.

By Karen Joy Bacudo • 4 min read • Last month
APL FCU adds Spiral round-up saving & giving tools
Fintech

APL FCU adds Spiral round-up saving & giving tools

Members will be able to round up card purchases into savings or donations as APL FCU adds new tools to its digital banking service.

By Karen Joy Bacudo • 4 min read • Last month
Nayax applies for Connecticut bank as US push grows
Fintech

Nayax applies for Connecticut bank as US push grows

The move would let Nayax offer more financial services to US business customers as North America remains its largest market.

By Karen Joy Bacudo • 4 min read • Last month
MVB Bank taps Bretton AI for compliance operations
Fintech

MVB Bank taps Bretton AI for compliance operations

The agreement will let MVB Bank scale anti-money laundering and know-your-customer checks without adding staff as fintech compliance workloads rise.

By Karen Joy Bacudo • 4 min read • Last month