Railsr
UK · London · FCA
Railsr is a BaaS Provider / EMI based in UK (London), regulated by FCA. The institution operates an active Banking-as-a-Service program, launched in 2016.
Railsr supports the following products and services: Cards, Payments, Accounts. The bank serves customers across UK, EU.
Notable fintech partners include iSportConnect.
- Products Supported
- CardsPaymentsAccounts
- Geographies Served
- UK, EU
- Charter / Regulator
- FCA
- API Standards
- REST API
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2016
iSportConnect
Went into administration (March 2023); rescued by consortium trading as Embedded Finance Ltd.
WARNING: Formerly Railsbank. Went into administration March 2023 and was rescued. Merged with Equals Group in £283M deal (completed April 2025).
Lord Hammond appointed Chairman. Dramatic recovery from near-collapse.
Railsr Secures $21M Debt Financing to Support Global BaaS Expansion
Railsr (formerly Railsbank), a UK and Europe-based BaaS provider, secured $21M in debt financing from Leadenhall Capital. The funding supports the company's global expansion plans. While not equity funding, the debt facility represents significant capital deployment for the embedded finance platform.
Railsbank Rebrands to Railsr and Launches Rewards Offering
Railsbank rebranded to Railsr, repositioning itself as an embedded finance experience platform. Alongside the rebrand, Railsr launched a new rewards offering to complement its existing banking, wallets, credit, cards, and data products. The move signals the company's ambition to own the embedded financial layer of the internet.