Banking-as-a-Service Stories

Global Stories

Banking-as-a-Service stories

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 • 4 days ago

Crypto

Yellow Card raises USD $40 million for stablecoin push

Backers including SC Ventures and Sony Innovation Fund are betting USD $40 million will help widen access to dollar-based payments in emerging markets.

By Karen Joy Bacudo • 5 min read • Last week

Software-as-a-Service

Hello Clever launches Clever Connect for platforms

Platforms handling multi-party payments could cut delays and reconciliation work as Hello Clever ties funds to real-time domestic rails.

By Karen Joy Bacudo • 4 min read • Last month

Fintech

Ant International adds Hang Seng to Alipay+ network

Hong Kong users of Hang Seng's mobile app can now pay abroad through Alipay+, widening access to merchants in more than 55 markets.

By Karen Joy Bacudo • 3 min read • Last month

Fintech

Augustus raises USD $180 million in Tiger-led round

The financing values the New York fintech at USD $1 billion as it seeks to give overseas banks direct access to dollar accounts and payments.

By Karen Joy Bacudo • 4 min read • Last month

Stories from Other Regions

Banking-as-a-Service stories

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 • Yesterday

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 • 2 days ago

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 • 3 days ago

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 • 4 days ago

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 • 4 days ago

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 week

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 week

Crypto

Fold taps Lead Bank to bolster bitcoin account push

The tie-up should give users more account features, faster transfers and higher limits as Fold builds a fuller banking-style app around bitcoin.

By Karen Joy Bacudo • 4 min read • Last week

Fintech

Google expands Wallet for children with Marqeta support

Children and teenagers can now tap to pay in stores using Google Wallet, while parents keep controls over spending and balances.

By Karen Joy Bacudo • 4 min read • Last week

Digital Transformation

Alkami expands Plaid tie-up for linked banking data

Banks and credit unions using Alkami will get built-in Plaid connectivity, cutting implementation work and helping reduce fraud risk.

By Karen Joy Bacudo • 3 min read • Last month

Software-as-a-Service

GrowIt taps Modern Treasury for real estate payments

Real estate sponsors could cut manual fund handling as the platform adds account, reconciliation and distribution tools across ACH, RTP, FedNow and wires.

By Karen Joy Bacudo • 4 min read • Last month