Infinant Completes Financing to Expand BaaS Interlace Platform

In March 2023, Infinant completed a financing round with investors FintTop Capital and JAM FINTOP BankTech to accelerate the development and expansion of its Interlace platform. The cloud-based platform is designed to help US banks launch, manage, and scale banking-as-a-service and embedded finance programs without replacing their core banking systems. Interlace operates as an ecosystem orchestration layer, enabling banks to offer products both within and outside their traditional channels through fintech and platform partnerships.

The exact amount of the financing was not publicly disclosed. The investment reflects continued investor interest in BaaS enablement tools that sit above-the-core and reduce the technical burden on community and mid-tier banks seeking to participate in embedded finance. By providing banks with purpose-built BaaS management capabilities, Infinant addresses the growing need for compliance oversight, partner management, and product configuration in bank-fintech programs.

The funding is expected to support platform enhancements and market expansion across the US banking sector.