Railsbank raises US$70m
Embedded finance platform Railsbank has just raised US$70m. Railsbank will use the funds to further expand its various Embedded Finance products (Banking as a Service, Cards as a Service, and…
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Open Banking
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KodyPay raises millions from top industry figures
London-based payments fintech KodyPay has just raised an additional US$3.25m from some top industry luminaries. Reaching into their pockets were KodyPay’s Chairman, Hank Uberoi (former executive Chairman/CEO, Earthport), Paul Rippon…
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Fintechs explode in Spain, led by “unstoppable” neobanks
Over 300 fintechs are now operational in Spain. The firms are providing an increasingly wide variety of services that include proposals for managing family finances, comparing mortgages and all kinds…
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Railsbank to emulate Apple’s iTunes as its announces Industry step change
Railsbank hopes to do for the financial services industry what Apple’s iTunes did for the music industry. At the recent Singapore Fintech Festival the company, which has its Asian hub…
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Global open banking market to rocket
The value of the global banking is set to rocket said a new report. Valued at $7.29bn in 2018, it is expected to reach $43.15bn by 2026, growing at a…
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Use of investment and banking apps surge during Covid-19
The use of investment and banking apps has surged, with Covid-19 accelerating the already exponential growth of fintech apps in 2020 A new report revealed that average sessions in investment…
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First appathon created to propel open banking launches
The first appathon created to propel open banking into the broader domain of open finance has been launched. An initiative from Finastra, Open Banking Excellence, Railsbank and Yolt, the event is…
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And through to the next round is….MAS doesn’t reveal chosen ones bidding for electronic banking licence
The Monetary Authority of Singapore (MAS) today announced that 14 lucky contenders for an electronic banking licence are through to the next round. Seven of the 21 applications were booted…
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ByteDance targets bank licence says source
Competition for one of the five electronic bank licences to be issued by the Monetary Authority of Singapore is hotting up with news that Chinese tech company ByteDance, which owns…
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