Search the BaaS market.

US · Not applicable (non-bank provider)

IN · RBI (licensed Payment Aggregator)

UK · Not applicable (technology provider)

UK · FCA / Bank of Lithuania

KW · Central Bank of Kuwait, CBUAE, SAMA, CBB, Central Bank of Oman, Qatar Central Bank

US · OCC (primary); FDIC (insured)

IN · Reserve Bank of India (payments bank licence)

The RBI barred Paytm Payments Bank from onboarding new customers and restricted basic payment services including UPI, effective February 29, 2024, due to persistent non-compliance including KYC lapses...

The Bank of Lithuania revoked the license of an unnamed EMI or PI, citing 10 regulatory violations, with one violation referred to the Court of Justice of the European Union (CJEU) concerning direct d...

Global Payments announced a $21.5 billion all-stock merger with Total System Services (TSYS), creating a combined payments technology company serving 3.5 million merchants and 1,300 financial institut...

Volante Technologies collaborated with BNY Mellon on payments technology innovation, including real-time payments processing via the VolPay Hub and tokenized payments with Zelle. The partnership demon...

Nordic Capital fund acquired a majority share of Trustly, a Swedish open banking payments fintech that enables direct bank-to-bank transactions for merchants and platforms. The acquisition positions T...

KPay, an Asia-focused payments and financial management platform, raised $55M in the largest Series A in payments for 2024. Led by Apis Partners, the funding will fuel expansion across Indonesia, Phil...

Brex launched Brex Embedded, an API-driven payments platform enabling B2B software vendors to integrate virtual corporate cards for global payments without handling underwriting or credit risk. The pl...

UK fintech Modulr opened its first office outside London in Edinburgh during Fintech Fortnight, following a £10.5m funding round. The expansion supports its embedded payments platform offering API acc...

Canadian fintech Zūm Rails partnered with Fiserv to expand its embedded payments platform into the US market. The partnership enables embedded AP/AR and payment processing for US businesses via Fiserv...

...turers. The platform supports capabilities including digital wallets, tokenization, instant payouts, and mobile POS solutions. This expansion strengthens Mastercard's role as an embedded payments infr...

Worldline and Online Payment Platform (OPP) unveiled a joint embedded payments solution targeting European platforms and marketplaces. The turnkey product includes split payments, escrow, mediation, m...

Global payments fintech Thunes raised $150M in Series D funding led by Apis Partners and Vitruvian Partners. The company's Direct Global Network connects over 7 billion wallets and accounts across 130...

Private equity firm EQT acquired Banking Circle, a cross-border payments platform serving financial institutions including card acquirers, payment service providers, and banks. The acquisition aimed t...

Infinant partnered with Sutton Bank to enhance embedded finance and payment processing via its Interlace Platform. The partnership provides real-time program management, accounts, payments, cards, and...

Airwallex raised $80 million to scale its cross-border payments infrastructure platform. The company provides API-driven FX and payment rails that enable businesses to move money internationally. The ...

KeyCorp partnered with Ingo Money to launch Ingo Push, an instant payments platform enabling businesses to disburse funds digitally from checks and ACH. The platform targeted the replacement of paper-...

Cross River and Pay.com partnered to build simplified embedded finance systems for US business payments. The collaboration leverages Cross River's banking infrastructure to scale Pay.com's payment cap...

Paytrix raised $18.3M in Series A funding led by Unusual Ventures, Motive Partners, and Bain Capital Ventures. The company offers a single API for global payments curation, reducing the need for busin...

Stripe launched Stripe Terminal in the US, enabling online businesses to accept in-person payments through API integration. The product positioned Stripe in direct competition with Square and PayPal i...

UK-based local payments infrastructure provider PPRO raised over $180 million to invest in payment systems. The funding enables better connectivity for banks and fintechs through local payment method ...

...e round includes participation from existing investor Anthos Capital. The funds will be used to expand go-to-market efforts and scale operations across 38 countries, modernizing payments infrastructur...

Dart Bank's WestTown Payments division partnered with Jaris to launch Dart360, a modernized merchant onboarding and financial services platform. The platform aims to streamline how merchants access pa...