39 developments from 38 companies: 2 acquisitions, 3 funding, 14 partnerships and integrations, 11 launches, 1 licences and regulators, 8 other developments.
Closed $28M Series A led by Team8; total funding reaches $42M. Announced intent to expand to 10,000+ US financial institutions.
fintechfutures.comIbanera finalised an $18.5M venture round from Emerchantpay Limited at a discounted valuation of $195M to support its BitLine business line.
einpresswire.comMicrosoft launches AI-powered Copilot across Dynamics 365 and Power Platform, powered by Azure OpenAI Service.
techcrunch.comRBC named Vestwell exclusive partner for 401(k) recordkeeping to close the retirement gap for small businesses.
linkedin.comAnnounced partnership with Curve to bring passive wearable payments to Europe across 31 countries.
financialit.netAnnounced partnerships with Visa, Plaid, Stripe, Akko, Mulberry, and Array; expanded team with hires from Sony Music, PayPal Honey, Scottrade, and Tripwing.
businesswire.comHellenic Bank selected LTIMindtree as strategic sourcing partner for core banking transformation and data analytics.
channeldrive.inYo-Uganda Limited announced grant partnership with the United States African Development Foundation to deploy Mastercard Foundation-supported financial services.
yo.co.ugPocketbook announced a partnership with Bond to launch branded finance solutions including digital wallets and ACH APIs for SMB clients.
prnewswire.comChubb and Techcombank announced a 5-year co-creation partnership for digital general insurance under the TechCare brand.
techcombank.comLaunched debit cards; partnered with Swan for expansion in French, Spanish, German markets
ffnews.comKiatnakin Phatra Securities selected Temenos Wealth platform to enhance its wealth management advisory front-office.
ibsintelligence.comPartnership with Rappi to embed Allianz home insurance for Rappi Prime customers.
mercadoeconsumo.com.brNatWest partnered with OneID to launch its 'Customer Attribute Sharing' digital ID service, using NatWest's Bank of APIs to power embedded digital identity for businesses.
openbankingexpo.comOneID partnered with DocuSign to provide identity verification for e-document signing use cases.
ibsintelligence.comLaunched co-branded credit card with Chase; cardholders receive cashback and benefits
techcrunch.comPurpl announced go-live on Mambu's cloud-native banking platform and launched its digital wallet product for Lebanese citizens.
financialit.netNetspend Earned Wage Access Privacy Notice effective date published, confirming EWA product launch.
rainapp.comSelcom, Tigo Tanzania, and Mastercard launched the Tigo Pesa virtual Mastercard card service through Selcom's CaaS platform.
selcom.netLaunched BukaTabungan digital banking on AWS with Standard Chartered nexus BaaS
press.aboutamazon.comBecame UK's first BaaS provider with a banking licence (similar to Solaris in Germany)
blog.griffin.shBILL published a customer case study highlighting AE3 Architecture + CM's use of BILL for financial operations after going fully remote
linkedin.comExecuted Deposit Processing Services Agreement with Customers Bank for white-label BaaS deposit accounts.
lawinsider.comJPMorgan payment gateway deployed for Volvo Cars India XC40 Recharge direct-to-consumer EV sales, including VRN-based payment reconciliation.
thepaypers.comEach item is a dated development on the dossier of a company the Index tracks, linked to its announcement where the dossier recorded one. It is not every embedded finance announcement of the month. Deals between two tracked companies are listed once. Kinds are assigned from each announcement’s wording, and deals are ranked by the amount raised or paid, where disclosed.