
BaaS – The 2nd Wave
It’s been a long hard road for Banking-as-a-Service (BaaS). The darling of management level conversations at Money2020 2022 and 2023 – everyone seemed convinced that

It’s been a long hard road for Banking-as-a-Service (BaaS). The darling of management level conversations at Money2020 2022 and 2023 – everyone seemed convinced that

We continue our tradition of examining companies involved in fintech and payments-related services, including those where such functions are not central to their primary operations.

Haball, a Pakistani supply-chain finance and payments platform, has raised $5 million in equity and $47 million in debt from Pakistani VC firm Zayn VC

Blackbird Labs, a blockchain-based payments and loyalty app, has raised $50 million to expand its platform for restaurants, now including 1,000+ venues, with plans to

NatWest Group, a leading retail and commercial bank in the UK, has made a minority investment in UK-based open banking fintech Yonder, which offers lifestyle-focused

Rain, a Santa Monica-based financial wellness and earned wage access (EWA) platform, has raised $75 million in Series B. Led by Prosus, Rain will use

Hawk, a German fintech offering AI-driven anti-money laundering (AML) services, has raised $56 million in a Series C. Led by One Peak, the funding will

Sipay, Turkey’s leading embedded finance and payments platform, raised $78 million in Series B funding led by Elephant VC, boosting its valuation to over $875

Alinea Invest, a Gen Z-focused wealthtech founded by Anam Lakhani and Eve Halimi, has raised $10.4 million in Series A funding to grow its investing
