80 developments from 76 companies: 6 acquisitions, 11 funding, 25 partnerships and integrations, 13 launches, 1 licences and regulators, 24 other developments.
TechCrunch reports FairMoney in early-stage talks to acquire Umba in a $20M all-stock deal
techcrunch.comDraftKings announced definitive agreement to acquire Jackpocket for approximately $750M (~55% cash, ~45% DraftKings Class A stock).
sec.govProducePay raised $38M (Series E) to tackle produce supply chain waste and scale its marketplace platform.
techcrunch.comSecured a $6M funding round led by Valar Ventures and Third Prime for US expansion.
techfundingnews.comRaised $2.2M led by Radicle Impact, bringing total funding to $5.5M; announced 1 million users milestone.
techcrunch.comRaised $10M Series B; launched AI-powered ledger and accounting insights for small businesses.
techcrunch.comRaised Series A of CAD $10.5M led by Arthur Ventures; announced BaaS and FedNow product lines.
techcrunch.comClasstime announced Series A financing from Swiss Post Ventures and SuperCharger Ventures to accelerate growth in DACH and US markets.
classtime.comPublished biannual 'Complete Guide to Conferma' covering platform, B2B suite, corporate travel suite, and partner ecosystem.
conferma.comCrown Worldwide Group announced a technology partnership with Move4U for SurveyPro and SurveyVideo applications to improve digital survey capabilities in international relocations.
crownworldmobility.comLaunched embedded business loan product (up to €50,000, 4–18 month terms) in partnership with Froda Embedded.
embeddedfinance.deBarclays published US Consumer Bank Investor Update highlighting position as #9 US card issuer with 20+ client partners and ~20 million customer accounts.
home.barclaysEQ Bank announced a partnership with Trulioo for identity document verification, business verification, and Workflow Studio to streamline KYC/KYB onboarding under FINTRAC regulations.
openbankingexpo.comFDIC consent order addressing third-party risk management and BSA/AML concerns related to BaaS fintech partnerships.
baas.comAnnounced TrueLayer partnership to add European open banking pay-by-bank rails to its BaaS platform.
openpayd.comAirwallex announced as Official Partner of McLaren F1 Team for treasury and cross-border payments
mclaren.comWorkday partnership expanded for 2024 F1 season — financial planning and HR
mclaren.comIntegrated Alloy's automated identity/compliance verification into its lending platform.
pymnts.comAffiniPay (now 8am) partnered with Marqeta to power the LawPay Visa SMB credit card's card-issuing platform, embedded within MyCase — giving law firms real-time card issuing, transaction data, and spend controls, ahead of the March 2025 Smart Spend launch.
businesswire.comBanCoppel partners with Western Union to allow customers to receive remittances via the BanCoppel mobile app.
leadiq.comiwoca and Countingup announce embedded lending partnership; iwoca's Flexi-Loan is made available inside the Countingup app via API, with 70% of applicants receiving a decision in under an hour.
iwoca.co.ukGreen Dot announced BaaS partnership to power Dayforce Wallet in the United States, replacing prior banking infrastructure.
greendot.comOoredoo Oman partnered with Thawani Technologies and National Finance Company to offer interest-free BNPL for device purchases.
ooredoo.omMarqeta announced partnership with AffiniPay to power the LawPay Visa SMB revolving credit card embedded in MyCase (MyCase Smart Spend).
investors.marqeta.comBranch MFB Kenya partners with Solv Kenya to issue MSME loans up to ~$6,000.
techmoran.comCrédit Agricole CIB tapped Demica to launch a new receivables and supply chain finance platform for Asia-Pacific.
fintechfutures.comMTN South Africa and JUMO launched Qwikloan, offering R250-R10,000 short-term loans via MoMo App/USSD
jumo.worldCebuana Lhuillier and Packworks launched 'Sari Fund', an inventory financing facility for sari-sari store owners.
bworldonline.comLaunched Score, a credit-score-gated dating app, receiving TechCrunch coverage and widespread fintech attention.
techcrunch.comAnatomy Financial publicly launched with $7.6M seed funding from Lightspeed, Meridian Street Capital, Live Oak Ventures, Cambrian Ventures, and Peterson Ventures.
businesswire.comEasyJet published a £4bn EMTN programme offering circular approved by the UK FCA, with Moody's Baa2 and S&P BBB+ investment-grade ratings.
aviationnews-online.comTaken over by BNP Paribas as part of Orange's divestment from banking activities.
newsroom.orange.comCambridge Savings Bank led a $45 million participation loan for Modera Wealth Management's transaction with Parsec Financial Management.
fintechfutures.comAHAM Capital featured in Microsoft customer story for digitizing operations with Microsoft Azure for capital markets.
microsoft.comSold its credit cards, loans and savings operations to Barclays for up to £1bn; 2,800 employees transferred.
news.sky.comBarclays sold approximately $1.1 billion in US credit card receivables to Blackstone to release ~£1 billion in risk-weighted assets and fund lending expansion.
fintechfutures.comCarousell fined S$58,000 by Singapore's PDPC for two data breaches affecting more than 2.6 million users.
channelnewsasia.comFeaturespace published its ARIC check fraud detection capability, claiming a 90% check fraud capture rate.
featurespace.comMinority PE investment from LDC to accelerate growth and support M&A ambitions
insurancetimes.co.ukNew seller/receiver registration contract enforced (Circular 3.978/20) — added register_information object and KYC biometric proof-of-life flow.
docs.pagar.meRivool published a Medium article positioning the platform to capitalize on Brazil's Resolution 5,118 changes to private rural credit regulation.
medium.comNorthern Trust published its updated Global Third Party (Supplier) Code of Conduct effective February 1, 2024.
northerntrust.comSKB Banka promoted its Poslovni Paket (Business Package) for SMEs and micro-enterprises, emphasising digital and cost-effective banking products.
mladipodjetnik.siSigned agreement with Temenos to migrate retail and corporate banking (including trade finance) to Temenos Banking Cloud SaaS; first bank in Lithuania to move main IT systems to the cloud.
temenos.comProdigal announced AI-powered email strategy results for a large BNPL lender, showing 14% lift in open rates and 27% increase in click-through rates.
prnewswire.comRadial added Link Money's Pay by Bank (account-to-account open banking payments) as a checkout option for its merchant clients.
digitaltransactions.netProtocol Labs highlights Canza Finance, a Web3 neobank focused on African cross-border payments, as a network member.
protocol.aiCollaboration with Mangopay enables customizable payment infrastructure for B2B marketplaces.
finextra.comMontran's multi-currency virtual account platform deployed at Intesa Sanpaolo for corporate FX and liquidity management.
financefeeds.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.