Registry — Vantage Bank Texas (US) added to the registry
Enforcement — Licence Revocation issued against Paytm Payments Bank · RBI · Apr 26, 2026
Partnership — Qolo Expands KeyBank Partnership to Launch Virtual Commercial Card Program · Apr 28, 2026
Product — Aven Launches Bitcoin-Backed Visa Credit Card with BitGo and Coastal Community Bank · Apr 28, 2026
M&A — Capacity Acquires DevRefactory to Expand Embedded Middleware and AI Capabilities · Apr 28, 2026
Funding — UAE B2B Embedded Finance Platform Comfi Raises $65M Pre-Series A · Apr 27, 2026
Deal Feed
Partnerships, funding rounds, product launches, and M&A across the ecosystem.
Australian digital lender Nano partnered with Oracle to deploy its proprietary onboarding technology across Oracle's partner network. The deal enables mortgage brokers to white-label Nano's technology to streamline their processes, extending embedded lending capabilities to a broader distribution channel.
Orenda partnered with payments infrastructure provider Nium to offer clients embedded financial services including payouts to 190+ countries and card issuance capabilities. The partnership leverages Nium's no-code deployment and global payments infrastructure to power Orenda's embedded finance offering.
Old Hill Partners upsized its funding commitment to ByzFunder up to $40 million to support the fintech's business financing growth. The expanded facility enables ByzFunder to scale its SME lending operations. This deal highlights the role of strategic capital partners in fueling embedded lending platforms.
São Paulo-based cloud-native core banking and payments platform Pismo raised $108 million in Series B funding led by SoftBank, Amazon, and Accel. The company plans to use the capital for global expansion and accelerated development of its banking, payments, and financial markets infrastructure technologies. The round underscores growing investor appetite for API-based BaaS infrastructure providers.
Global Processing Services (GPS), an API-first payment technology platform, raised over $300 million from Advent International and Viking Global Investors. GPS powers major fintechs including Revolut, Curve, Starling Bank, and Zilch across 48 countries. The investment will accelerate technology development and expand GPS's global operations across Europe, Asia-Pacific, and the Middle East.
Alviere raised $70 million in combined Series A ($20M) and Series B ($50M) funding to scale its embedded finance platform, The HIVE. The funding was driven by rapid traction in embedded finance and will support international expansion into Europe and Latin America. The round underscores investor confidence in BaaS-style platforms enabling non-financial brands to offer banking services.
CapWay launched its inclusive digital banking services combining financial products with lifestyle content through B2B2C partnerships. The neobank targets underserved communities with accessible banking tools. The launch exemplifies the embedded finance B2B2C distribution model for consumer financial services.
Alviere launched The HIVE, an embedded finance platform enabling non-financial brands to offer FDIC-insured accounts, cards, money transfers, and loyalty solutions via a single API. The platform is backed by AI-driven security, fraud detection, and regulatory compliance. The launch positions Alviere to help telcos, retailers, and other brands rapidly deploy financial services.
Mbanq signed with Temenos to launch the world's first Credit Union-as-a-Service (CUaaS) and accelerate Banking-as-a-Service in the US market. The partnership embeds payments, lending, and other financial services via cloud APIs for fintechs and e-commerce platforms. This represents a novel extension of BaaS models into the credit union sector.
UK-based earned wage access fintech Wagestream announced plans to launch embedded banking services in the US through a partnership with BaaS provider Treasury Prime. The partnership enables Wagestream to offer banking features to US workers via Treasury Prime's bank-connected API infrastructure. This highlights the role of BaaS platforms in enabling international fintechs to enter the US market.
Brazilian cross-border payments firm Ebanx acquired Juno, a B2B payments fintech serving over 35,000 SMEs in Brazil. Juno offered billing, payments solutions, and banking services including its digital account Conta Juno. The deal expands Ebanx's embedded financial services for small businesses.
Swedish bank SEB announced a strategic partnership and investment in fintech company Roaring, which provides data services for onboarding and monitoring. The integration is part of SEB's innovation studio SEBx. This deal signals SEB's commitment to embedding fintech capabilities into its banking infrastructure.
NatWest announced the acquisition of RoosterMoney, a London-based kids banking fintech launched in 2016. The deal is part of NatWest's strategy to help families manage money and expand its embedded financial services for younger demographics. The acquisition gives NatWest a ready-made platform for youth banking.
HSBC announced a Banking-as-a-Service launch with Oracle NetSuite, embedding international payments, expense management, and multi-currency wallets into ERP suites. The partnership enables NetSuite users to access HSBC banking services without leaving their business software. This marks a significant move by a global bank into embedded B2B finance.
Czech-based Banking Software Company (BSC) and Hungarian W.UP merged to create Finshape, a digital banking solution provider. The combined entity offers low-code platform development with data-driven personalization. Backed by PortfoLion Capital Partners, Finshape serves major banks including Raiffeisen, BNP Paribas, Erste, Société Générale, and Alfa-Bank.
Skyflow, a data privacy API company, raised $45 million in Series B funding led by Insight Partners. The company's Data Privacy Vault API helps fintech and healthtech companies comply with GDPR, PCI, and HIPAA requirements. Skyflow planned to hire 100 new employees by the end of 2022 to support its growth.
BaaS provider and card issuing platform NymCard joined Mastercard's Network Enablement Partner program. The partnership grants NymCard direct connectivity with Mastercard's network and privileged access to its solutions. This accelerates product delivery and innovation for NymCard's fintech customers.
Embedded finance provider Fundomate secured a $50 million line of credit from Revere Capital, structured by Waterford Capital. The facility will fund expansion of automated funding and real-time banking tools for payments platforms and SMB marketplaces. Fundomate's white-label banking and one-touch funding integrates with over 100 payment processors.
Alloy, an identity operating system for banks and fintechs, raised $100 million in Series C funding at a $1.35 billion valuation led by Lightspeed Venture Partners. The platform connects to 120 identity data providers to prevent fraud during onboarding and transactions. The unicorn valuation reflects the critical role of identity infrastructure in embedded finance.
FinLync and Standard Chartered announced a partnership to simplify corporate treasury teams' adoption of the bank's API offerings. FinLync's middleware connects Standard Chartered's aXess API platform directly into enterprise ERP systems like SAP. The deal eliminates custom IT builds and legacy file-based integrations, enabling real-time treasury visibility and faster decision-making for large corporates.
Rize, a full-stack fintech-as-a-service and BaaS platform providing banking infrastructure such as accounts, cards, and wires, raised $11.4 million in Series A funding. The round was co-led by Alpha Edison and Morpheus Ventures, with participation from several notable investors. Funds will enhance products for fintech builders seeking to embed banking services.
Affinity Plus Federal Credit Union launched Bank Dora Financial on September 28, 2021, as the nation's first credit union-based neobank app. The digital-only banking cooperative specifically targets low-to-moderate income individuals underserved by traditional banking. The launch represents a new model for credit unions entering the embedded finance space.
Swan, a European BaaS platform enabling companies to embed white-labelled banking features such as accounts, IBANs, and cards, raised $16 million in equity funding from Accel. The investment will fund expansion into new European markets, starting with Germany and its localized features like DE IBANs. The round highlights growing demand for embedded finance infrastructure in Europe.
Unity Trust Bank partnered with global payments provider Elavon to offer a comprehensive suite of payment solutions to its customers. The partnership extended Unity's customer proposition through embedded payment capabilities. This bank-fintech collaboration demonstrates embedded finance adoption among mission-driven banks.