Search Results for "Layer"
21 results for "Layer"
Deals 20
Ualá Raises $195M to Scale Embedded Insurance Across Latin America
Argentine neobank Ualá closed a $195 million equity financing round led by Allianz X, reaching a $3.2 billion post-money valuation. The funds will support Latin America expansion and embedded insurance scaling. This positions Ualá as a major embedded finance player in the LATAM region.
FNBO Partners with dhango for Embedded Payments Middleware for SaaS Platforms
First National Bank of Omaha (FNBO) partnered with dhango to deliver embedded payments middleware enabling Banking-as-a-Platform capabilities for SaaS platforms and ISVs. The integration supports rapid ACH, check, and card processing with built-in compliance and risk controls. Platforms can go live in as little as 30-60 days, leveraging FNBO's banking infrastructure and dhango's API middleware layer.
SBS Launches Next-Gen Open Banking Platform Supporting Wero and PSD3
SBS unveiled its next-generation SBP Open Banking Platform, a cloud-native SaaS orchestration layer for banks supporting embedded finance, Wero digital payments, cards, and accounts via open banking standards. The platform supports PSD3 compliance and serves over 1,500 financial institutions across Europe, accelerating digital transformation and regulatory readiness.
Cross River Launches Fedline Direct and Postman API for Faster Fintech Integration
Cross River, a leading BaaS provider, launched Fedline Direct upgrades and a Postman API collection to streamline fintech integrations. The updates aim to reduce onboarding time for fintech partners building on Cross River's banking infrastructure. This reinforces Cross River's position as a core bank-fintech connectivity layer.
Mercury Raises $300M Series C at $3.5B Valuation for Business Banking
Mercury, a business banking platform, raised a $300M Series C at a $3.5B valuation. The round was led by Sequoia Capital with participation from Spark, Marathon, Coatue, CRV, and a16z. Mercury provides banking infrastructure and services for startups and businesses, making it a significant embedded finance player.
Highnote Raises $90M Series B for Embedded Payments Platform
Highnote, an embedded payments infrastructure provider, raised $90 million in Series B funding in January 2025. The company provides card issuing and payment processing capabilities that enable businesses to embed financial services. The significant round positions Highnote as a major player in the embedded payments space.
Backbase Unveils Intelligence Fabric AI Layer for Engagement Banking
Backbase launched Intelligence Fabric, an AI and data layer embedded within its Engagement Banking Platform. The product unifies core banking, payments, and fintech data to enable AI-driven productivity for banks. It aims to help banks accelerate decision-making and personalize customer experiences through unified data intelligence.
Janea Systems Builds Middleware for Fintech CUSO to Integrate Legacy Banking Cores
Janea Systems partnered with a leading fintech Credit Union Service Organization (CUSO) to develop custom middleware connecting legacy core banking systems with a loan decision engine. The solution supports multiple banking cores while reducing third-party dependencies. It serves as an abstraction layer enabling fintech applications without requiring full core banking replacement.
Embedded Accounting Startup Layer Raises $2.3M in Funding
Layer, an embedded accounting startup, secured $2.3 million in funding to develop its embedded accounting solutions. The platform positions itself as an alternative to traditional accounting software like QuickBooks. The investment supports Layer's efforts to enable platforms to integrate accounting capabilities directly into their products.
Bulgaria's Paynetics Acquires UK Digital Bank Novus
Embedded finance provider Paynetics acquired Novus, a B-Corp certified UK digital bank. The deal expands Paynetics' banking capabilities in the UK market. This is a notable example of a BaaS/embedded finance player acquiring a licensed banking entity to deepen its service offering.
Pepper Advantage and Clay Launch White-Label Lending Platform for Fintechs
Pepper Advantage and Clay formed a joint venture to create an end-to-end white-label credit platform for fintechs and enterprises. The platform integrates Clay's Debt-as-a-Service with Pepper's loan management capabilities covering origination, servicing, and analytics. This enables non-bank players to embed lending without building full credit infrastructure.
Mastercard Highlights Fintech Co-Creation Strategy Serving 80% of Top Digital Players
Mastercard announced its deepened co-creation strategy with fintechs, revealing it serves 80% of top digital payment and neobank players. The initiative emphasizes embedded payment partnerships amid the broader fintech funding slowdown.
Treasury Prime, FirstBank, and High Circle Launch High-Yield BaaS Checking Accounts
Treasury Prime partnered with FirstBank and High Circle to launch a suite of high-yield commercial checking accounts as an embedded banking program. The accounts target high-net-worth individuals and businesses, offering up to $125M in FDIC insurance via the Intrafi network. Treasury Prime provides the BaaS software layer integrating the fintech and bank partners.
FintechOS Launches Version 24 Platform for Banks and Embedded Finance
FintechOS released its version 24 platform update designed to help banks and insurers manage financial products, enable ecosystem partnerships, and pursue embedded finance models. The update features open APIs and integrations that facilitate BaaS and embedded offerings. It positions FintechOS as an enablement layer for traditional financial institutions seeking fintech partnerships.
Treasury Prime Updates Dashboard and Bank Console for Embedded Banking
Treasury Prime released product updates to its dashboard and bank console in October 2023, enhancing its embedded banking infrastructure. The updates improve tools used by partner banks and fintechs to manage embedded finance programs. Treasury Prime serves as a key BaaS middleware layer connecting banks with fintech platforms.
Mercury Ends Middleware Contract with Synapse in Late 2023
Neobank Mercury terminated its contract with BaaS middleware provider Synapse, triggering layoffs at Synapse. The move reflects a broader industry trend of mature fintechs seeking direct bank relationships to reduce intermediary layers. This signals growing challenges for middleware-dependent BaaS models amid regulatory pressure.
Stripe Integrates A2A Payments in Checkout via TrueLayer
Stripe embedded account-to-account (A2A) payments into its checkout flow through a partnership with open banking provider TrueLayer. The integration enables merchants using Stripe to accept direct bank payments alongside traditional card payments. This aligns with the broader embedded finance trend projected to exceed $7 trillion by 2026.
PwC and FintechOS Collaborate on Embedded Banking Solutions
PwC and FintechOS announced a collaboration to support PwC's Infinite Financial Solutions for Banking. FintechOS serves as the integration layer for low-code product configuration, Open Banking, and payments, accelerating digital transformation for banking clients.
Maplerad Raises $6M Seed Led by Valar Ventures for African BaaS Platform
Nigerian BaaS platform Maplerad raised $6 million in seed funding at a $30 million valuation, led by Peter Thiel's Valar Ventures. The U.S.-based company, founded by Miracle Anyanwu and Obinna Chukwujioke, emerged from stealth positioning itself as a global BaaS player targeting Africa. It competes with other Nigerian fintech startups including Anchor, Bloc, OnePipe, and Flutterwave.
Narmi Raises $35M Series B to Expand API-Driven Digital Banking Middleware
Narmi, which provides API-driven digital banking middleware for regional banks, raised $35M in Series B funding. The capital will be used to expand middleware API layers and business banking products. Narmi layers services like account opening and mobile banking on top of existing bank infrastructure, enabling banks to compete with digital-first challengers.