Search Results for "TAG"
21 results for "TAG"
Deals 20
Thread Bank Raises $30.5M to Scale Embedded Banking and Digital Branch Model
Thread Bank closed a $30.5 million funding round to accelerate its embedded banking and digital branch model. The bank now manages over $2 billion in partner deposits and achieved more than threefold growth in embedded deposits between January 2024 and October 2025. The raise underscores investor confidence in the sponsor bank model despite recent regulatory scrutiny across the sector.
ABN AMRO and Techstars Launch 2025 Future of Finance Accelerator Class
ABN AMRO and Techstars launched the 5th edition of their Future of Finance Accelerator in Amsterdam, selecting nine early-stage European fintechs from over 520 applicants. The program focuses on embedded finance, AI, decentralized finance, and financial health. Startups receive three months of in-person mentorship, go-to-market support, and funding connections.
Gemba Joins JPMorgan Chase Fintech Forward Accelerator in September 2025
Gemba joined JPMorgan Chase's 12-week Fintech Forward Programme in September 2025, an accelerator providing early-stage fintechs with mentorship, networks, and scaling support. The program targets neobanks and digital finance startups. JPMorgan's involvement signals continued big-bank investment in fintech ecosystem development.
Vantage Bank Launches Embedded Banking Line via Infinant Partnership
Vantage Bank launched Vantage Collabs, an embedded banking line built on Infinant's Interlace platform. The offering will serve fintech brands, payment infrastructure providers, and other financial institutions. Banks maintain operational and regulatory control through the cloud-based platform, reflecting a bank-led approach to BaaS.
OatFi Raises $24M Series A for Embedded B2B Credit Infrastructure
US-based OatFi secured $24M in Series A funding led by White Star Capital to build API-first embedded credit infrastructure for B2B payments. The platform integrates with AP/AR systems and partners like Unit, Transcard, and Galileo. Proceeds will accelerate product development targeting the $35 trillion US B2B payments market.
Formance Raises $21M Series A to Build Modular Fintech Infrastructure
French fintech Formance raised $21 million in Series A funding co-led by PayPal Ventures and Portage to build modular banking infrastructure. The platform offers APIs for financial connectivity, payments orchestration, and ledgers, positioning itself as the 'AWS of fintech.' U.S. customers already account for 40% of revenue.
Mastercard Launches "Mastercard For Fintechs" Program in Western Europe
Mastercard launched its "Mastercard For Fintechs" program on June 5, 2024, targeting early-stage fintechs in Western Europe across payments, embedded finance, Web3, and banking/SME verticals. The program offers education, networking, competitions, and a €50,000 marketing prize plus fast-track access to Mastercard Start Path. It aims to support fintechs in Belgium, France, Italy, Luxembourg, Netherlands, Spain, and Portugal amid challenging fundraising conditions.
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.
American Fintech Council Expands Membership with Major BaaS Banks
The American Fintech Council announced a major membership expansion that includes multiple Banking-as-a-Service banks such as Evolve Bank & Trust, Portage Bank, and Customers Bank. The expansion signals broader industry consolidation around responsible fintech-bank partnerships. The AFC's growing membership reflects increased institutional engagement with BaaS governance and standards.
Momnt Raises $15M to Advance Real-Time Lending and Payment APIs
Momnt closed a $15M funding round led by TruStage Ventures with participation from Saluda Grade and Rockefeller Asset Management. The company provides API-first real-time lending and payment solutions for businesses. The investment will accelerate product development and market expansion.
42Flows.Tech and Sumsub Partner on KYC/AML for Banks and Fintechs
Middleware firm 42Flows.Tech and verification platform Sumsub announced a strategic partnership to deliver end-to-end identity verification, transaction monitoring, and AML screening. The collaboration targets banks, fintechs, and early-stage startups seeking rapid KYC integration into core banking systems.
Mastercard Launches Start Path Cohort Focused on Embedded Finance Startups
Mastercard announced its February 2023 Start Path Emerging Fintech cohort featuring five startups building embedded financial products, API-based integrations, and SME payment solutions. Selected startups include Mintoak, a SaaS platform enabling banks to offer merchant payments and commerce solutions. The program provides early-stage fintechs access to Mastercard's network and resources.
Tuum Raises €15M Series A to Scale BaaS Platform in EU and UK
Tuum (formerly Modularbank), a Banking-as-a-Service platform, raised €15 million in a Series A round led by Portage Ventures. Existing investors Blackfin Capital Partners and Karma Ventures also participated. The funds will support product innovation and global expansion focused on the EU and UK markets.
Pakistan's TAG Partners with IDEMIA for Eco-Friendly Visa Debit Card
TAG, a Pakistani fintech valued at $100 million, partnered with IDEMIA through its Global Fintech Accelerator Program to launch Pakistan's first eco-friendly Visa-powered debit card. TAG leverages banking partnerships to provide financial services to employees of public and private firms. The deal showcases white-label card issuance infrastructure enabling a young fintech to bring branded banking products to market.
Texas Capital Bank Launches All-Digital Bask Bank with AA Miles Rewards
Texas Capital Bank launched Bask Bank, an all-digital savings bank offering American Airlines AAdvantage miles instead of traditional interest. The product represents a bank-brand embedded finance partnership, combining digital banking infrastructure with airline loyalty rewards. It highlights the trend of banks launching digital-first sub-brands to reach new customer segments.
BlueVine Raises $102.5M Series F to Expand Small Business Banking
BlueVine, a fintech offering small business lending and BaaS-like checking accounts, raised $102.5 million in a Series F round led by ION Crossover Partners. The funding will be used to scale its business checking account launched in October 2019 and expand its integrated banking and financing platform. The round brought BlueVine's total funding to $692 million including debt.
Facebook Pay Launches with Stripe and PayPal as Payment Partners
Facebook launched Facebook Pay, a unified payment experience across Facebook, Messenger, Instagram, and WhatsApp, processing payments via partnerships with Stripe and PayPal. The launch came shortly after both Stripe and PayPal withdrew from the Libra cryptocurrency project. The move embedded payments directly into Facebook's social platforms.
Lloyds Banking Group Taps Thought Machine for Cloud Core Banking Migration
Lloyds Banking Group announced plans to migrate customers from its legacy Intelligent Finance division to Thought Machine's cloud-based core banking platform. The move addresses growing risks from mainframe skills shortages and legacy IT dependencies. This partnership signals a major UK high-street bank's commitment to cloud-native core banking infrastructure powered by a fintech provider.
Stripe Launches Stripe Capital Merchant Cash Advance Service
Stripe launched Stripe Capital, an embedded lending product offering instant merchant cash advances of $5,000–$25,000 to U.S. merchants on its platform. Repayments are collected as a fixed percentage of future sales with a flat 10% fee. The product leverages Stripe's payment data for underwriting, bypassing traditional credit checks, and is funded through an unnamed bank partner.
BMO Launches Technology & Innovation Banking Group for Fintechs
BMO Financial Group announced a new Technology & Innovation Banking Group led by Andre Salvi. The group provides funding, strategic advice, and partnership facilitation for fintech and technology companies across all lifecycle stages. This builds on BMO's existing fintech collaborations and signals deeper commitment to the bank-fintech ecosystem.