Search Results for "Amazon"
13 results for "Amazon"
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TradeBridge Lands £70M Credit Facility for Embedded SME Lending
TradeBridge secured a £70M (~$88M) credit facility from Castlelake to fund embedded finance lending to SMEs, including eCommerce marketplace sellers on platforms like Amazon. The facility enables TradeBridge to scale its embedded lending offerings within digital commerce ecosystems. The deal highlights growing institutional capital backing for embedded finance in SME lending.
Amazon Signs Deal to Acquire Indian BNPL Fintech Axio
Amazon agreed to acquire Axio, an Indian buy-now-pay-later fintech, after a six-year embedded finance partnership. The acquisition deepens Amazon's embedded lending capabilities in India and signals the growing strategic value of BNPL infrastructure to large platforms.
Parafin Secures $125M Warehouse Facility from SVB and Trinity Capital
Parafin secured a $125 million warehouse facility from Silicon Valley Bank and Trinity Capital to expand its embedded financial services infrastructure. The company provides machine learning-based underwriting for sellers on platforms like DoorDash and Amazon. This facility strengthens Parafin's capacity to offer embedded capital products through marketplace and SaaS platforms.
Stripe Becomes Strategic Payments Processor for Amazon
Stripe was announced as a strategic payments processor for a significant portion of Amazon's payments volume in the U.S., Europe, and Canada. The deal covers Amazon Pay and Buy with Prime on non-Amazon sites. This marks a major expansion for Stripe's embedded payments infrastructure into one of the world's largest e-commerce ecosystems.
Pismo Raises $108M Series B Led by SoftBank, Amazon, and Accel
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.
FinConecta Launches Open Finance Platform on AWS for Bank-Fintech Integration
FinConecta announced its Open Finance platform via an AWS Partner Network blog post, providing banking-as-a-platform middleware that enables financial institutions to integrate third-party fintech applications with core banking systems. The platform uses microservices architecture, OAuth2 security, and normalized APIs to facilitate open banking. It matters because it lowers the barrier for banks to adopt embedded finance capabilities through a cloud-native, API-driven approach on AWS infrastructure.
Brex Expands Instant Payouts to PayPal, Square, and Stripe Merchants
Brex expanded its instant payouts service to merchants using PayPal, Square, and Stripe, enabling immediate access to earnings for a fee. Previously the feature was limited to Amazon and Shopify users. The expansion aims to improve cash flow for Brex customers who also benefit from free wires, ACH transfers, expense management, and rewards.
Standard Chartered Signs Five-Year Cloud Banking Deal with AWS
Standard Chartered Bank signed a global five-year partnership with Amazon Web Services to migrate core banking systems and customer-facing applications to the cloud. The deal covers flagship systems including its core banking system (eBBS), payment system (SC Pay), and digital services like Mox and nexus. This partnership aims to enable personalised banking at scale.
Goldman Sachs Provides Lines of Credit to Amazon Merchants via Automated Platform
Goldman Sachs partnered with Amazon to offer lines of credit up to $1 million to Amazon merchants through an automated lending platform. The deal represents a significant embedded finance arrangement where Goldman provides banking services directly within Amazon's marketplace ecosystem. This marks a major step in bank-powered embedded lending for e-commerce.
JPMorgan Chase Explores White-Label Checking Accounts for Amazon
JPMorgan Chase was reported to be exploring a partnership with Amazon to offer white-label checking accounts, representing one of the highest-profile potential embedded finance deals of 2019. The arrangement would allow Amazon customers to access bank accounts branded for the e-commerce platform but powered by JPMorgan's banking infrastructure.
Nationwide Building Society Banks on AWS for Cloud-Based Digital Revamp
Nationwide Building Society began re-platforming its digital banking and mortgage services onto a core cloud-based platform using AWS and DevOps practices. Initial workloads including mortgage switchers were already live. The project aimed to modernize the building society's infrastructure with broader migration planned over 6-12 months.
Amazon and Chase Reportedly Planning Co-Branded Small Business Card
Reports emerged that Amazon was planning to launch a co-branded credit card for small businesses in partnership with JPMorgan Chase. This move signaled Amazon's deepening push into embedded financial services. The initiative represented a major tech platform leveraging a bank partnership to offer financial products directly within its ecosystem.
India's Razorpay Raises $20M Series B Led by Tiger Global and YC
Indian payment gateway Razorpay raised $20 million in a Series B round led by Tiger Global and Y Combinator Continuity, with participation from Matrix Partners. The funding came amid reported interest from Stripe, PayPal, Amazon, and Adyen for potential partnerships or acquisitions to expand in India.