Search Results for "One"
37 results for "One"
Deals 20
SoFi Launches Enterprise Banking Program With Crypto-Native Infrastructure
SoFi launched SoFi Big Business Banking, an enterprise commercial banking program integrating fiat accounts, crypto rails, and its tokenized deposit SoFiUSD for 24/7 real-time money movement. The product uses a 'stablecoin sandwich' approach to enable instant settlements while keeping deposits on SoFi's balance sheet. Initial clients include Cumberland, Bullish, BitGo, B2C2, Fireblocks, Wintermute, Galaxy, Jupiter, Mesh Payments, and Mastercard.
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.
Cross River Bank Raises $50M Equity to Scale Embedded Finance Platform
Cross River Bank, via parent CRB Group, raised $50 million in common equity from existing investors including T. Rowe Price Investment Management. The funding will scale its API-driven core banking system (COS) powering embedded finance for over 100 fintech partners. CEO Gilles Gade framed the strategy as "embedded finance 2.0," bundling payments, cards, lending, and crypto on one AI-enhanced platform.
Uzum Raises Over $130M for Digital Banking and Embedded Payments Platform
Uzum, an integrated e-commerce, digital banking, payments, and lending platform, raised over $130 million from Oman sovereign funds at a $2.3 billion pre-money valuation. The company operates a vertically integrated embedded finance stack. This represents significant sovereign fund interest in emerging market embedded finance infrastructure.
Steward Raises €4.6M for AI-Driven AML/KYC Compliance Platform
Steward, a US- and UK-based AI-driven AML/KYC compliance platform, raised €4.6 million in funding led by Motive Partners. The platform uses AI to automate anti-money laundering and know-your-customer processes for financial institutions.
Real Wallet Wins 2026 Fintech Breakthrough Award for Embedded Finance in Real Estate
Real Wallet won a 2026 Fintech Breakthrough Award for pioneering embedded banking and lending in real estate. The platform integrates financial services directly into property transactions. This signals growing vertical-specific adoption of embedded finance beyond traditional consumer and SME use cases.
Modern Treasury Launches Payments PSP Unifying Fiat and Stablecoin Rails
Modern Treasury launched its Payments PSP, unifying fiat payment methods (ACH, wire, RTP/FedNow, push-to-card) and stablecoin payments through a single API. The platform includes KYC/KYB, account opening, and real-time ledger capabilities. It targets marketplaces and fintech apps seeking streamlined money movement.
Talos Raises $150M Series B Extension for Digital Asset Infrastructure
Talos, an institutional digital asset infrastructure and data provider, raised a $150M Series B extension at a ~$1.5B post-money valuation. Investors include Robinhood Markets, Sony Innovation Fund, and a16z crypto. The round underscores growing institutional demand for digital asset trading and data infrastructure.
Varo Bank Raises $123.9M Growth Round for Digital Banking Platform
Varo Bank, a US digital banking platform with its own bank charter, raised $123.9M in a growth round. The funding supports continued development of its consumer digital banking services. Varo is one of the few fintechs to hold a national bank charter, making this raise notable for the BaaS landscape.
Mesh Raises $75M Series C at $1B Valuation for Digital Asset Payments
Mesh raised $75 million in a Series C round at a $1 billion valuation to build universal digital asset payments infrastructure. The platform enables businesses to integrate crypto and digital asset payments into existing financial workflows. This unicorn milestone highlights growing enterprise demand for embedded digital asset capabilities.
Capital One Acquires Fintech Brex for $5.15 Billion
Capital One announced the acquisition of Brex Inc. for $5.15 billion in a cash-and-stock deal. The acquisition targets Brex's corporate card, spend management, and AI-driven expense automation platform. The deal strengthens Capital One's position in business payments and embedded finance for startups and growing firms.
Mexico's Plata Secures $500M Financing for Digital Banking Infrastructure
Plata, a Mexico-focused digital banking platform, secured a $500 million financing facility to support its digital banking infrastructure. The deal represents one of the largest fintech financing rounds in December 2025. Plata's model is BaaS-adjacent, providing foundational banking services in the Latin American market.
Pathward Financial Introduces Evolved Operating Model for Sponsor Banking
Pathward Financial announced an evolved operating model for its sponsor banking business, emphasizing customer-centric alignments. As one of the largest BaaS sponsor banks in the US, this restructuring signals a strategic shift in how Pathward manages fintech partnerships. The move reflects broader industry trends toward more sustainable and compliant BaaS frameworks.
BMO Launches Payment APIs for Embedded Finance Across North America
BMO launched Payment APIs enabling businesses across North America to integrate real-time payment capabilities directly into ERP systems, treasury platforms, and customer-facing applications. The offering includes a production-grade sandbox through the BMO Developer Portal for testing cross-border payment solutions. This marks a major embedded finance push by one of North America's largest banks.
CommerceOne Acquires Green Dot Bank to Form Sponsor Bank Holding Company
CommerceOne Financial is acquiring Green Dot Bank's charter and ~$5 billion in assets to create a new publicly traded bank holding company. Simultaneously, Smith Ventures is acquiring Green Dot's non-bank fintech operations for $690 million. A seven-year exclusive agreement positions CommerceOne as the sponsor bank for the fintech business. The deals are expected to close in Q2 2026 pending regulatory approval.
Cross River Launches Stablecoin Payments Platform for On-Chain Finance
Cross River launched a stablecoin payments platform that unifies fiat and stablecoin flows within its real-time core operating system (COS). The platform emphasizes bank-grade compliance and composable money movement, bridging traditional banking infrastructure with on-chain finance.
Acoru Raises €10M Series A for AI-Powered Bank Fraud Detection
Madrid-based Acoru secured a €10M Series A led by 33N Ventures to combat AI-powered fraud and money laundering in banking. The company provides advanced fraud detection infrastructure that can be embedded into banking platforms. The round addresses growing demand for AI-driven compliance and security tools.
Truist Debuts One View Connect Pilot for Embedded ERP Banking
Truist launched its One View Connect pilot, providing embedded multi-platform ERP banking for wholesale clients. The solution integrates banking capabilities directly into enterprise resource planning workflows. This positions Truist to capture embedded finance demand among large commercial and corporate clients.
Moorwand Expands BaaS Platform via Digital Banking Partnership
Moorwand, an FCA-regulated electronic money institution, expanded its Banking-as-a-Service platform through a partnership enabling fintechs and payments firms to offer embedded digital banking services. The partnership extends Moorwand's BaaS capabilities to a broader range of fintech clients seeking regulated infrastructure.
Ayoconnect Raises Funding to Scale Financial APIs Across Indonesia
Jakarta-based fintech enabler Ayoconnect secured an undisclosed funding round led by Finch Capital. The company provides financial APIs to Indonesian enterprises, powering embedded finance integrations. Funds will be used to push toward profitability while scaling its API infrastructure.
Regulatory Actions 11
Dinosaur Merchant Bank Limited
The FCA fined Dinosaur Merchant Bank Limited £338,000 for market abuse and systems failures. The firm was categorized under electronic money and payment institutions.
N/A — Industry-wide guidance
The FCA published Policy Statement PS25/12 on August 7, 2025, introducing strengthened safeguarding rules for authorized payment institutions and e-money institutions, effective May 7, 2026.
Multiple EMI/PI Firms (14 sampled)
The FCA conducted multi-firm reviews of risk management and wind-down planning at e-money and payments firms in 2024-2025, finding underdeveloped frameworks across the sector.
Unknown EMIs (6 institutions)
The FCA commissioned six s166 skilled person reviews of Electronic Money Institutions in 2024 through November. These reviews are used to independently assess whether firms meet regulatory requirements.
N/A — Industry Guidance
The FCA published updated guidance on its approach to payment services and electronic money in November 2024, reflected in tracked-changes revisions to its 2017 approach document.
Unknown EMIs (3 institutions)
The FCA imposed voluntary requirements (VREQs) on three Electronic Money Institutions in 2024 through November. VREQs often restrict activities such as ceasing payment services, imposing onboarding bans, or requiring prior FCA consent for fund safeguarding.
Unknown EMIs and PIs
The FCA disclosed aggregate enforcement data for Electronic Money Institutions (EMIs) and Payment Institutions (PIs) through November 2024, revealing ongoing use of VREQs, OIREQs, enforcement operations, and s166 skilled person reviews. In 2024 YTD, EMIs received 3 VREQs and 6 s166 reviews, while PIs received 1 enforcement operation, 1 OIREQ, 2 VREQs, and 1 s166 review.
Unknown Payment Institution
The FCA opened one enforcement operation against a Payment Institution in 2024, as disclosed in its November 2024 FOI data. The specific institution and details of the enforcement were not publicly named.
Viola Money (Europe) Limited
The FCA imposed requirements on Viola Money (Europe) Limited, an authorised electronic money institution, to cease all regulated electronic money and payment services on 14 December 2021 due to serious concerns about its business operations and client dealings.
GreenSky, LLC
The CFPB issued a consent order against fintech GreenSky, LLC for enabling merchants to originate loans without consumer authorization. The order imposed up to $9 million in consumer redress and a $2.5 million civil money penalty.
Payment and E-Money Institutions (general guidance)
The UK FCA issued finalised guidance in July 2020 for payment institutions and electronic money institutions on safeguarding customer funds during the COVID-19 pandemic. The guidance focused on prudential risk management to prevent insolvency harm.
Registry 6
Equals Money
UK · active · Accounts, Payments, Cards, FX
NOW Money
AE · active · Accounts, Payments, Cards, Payroll
OnePipe Services Limited
NG · active · Payments, Accounts, Lending, KYC/AML, Open Banking, Core Banking
Ozone Financial Technology Ltd
UK · active · Open Banking, Core Banking
Payoneer
US · active · Payments, Accounts, FX, Lending
Stitch Money (Pty) Ltd
ZA · active · Payments, Payment Orchestration, Open Banking, Crypto