ApideckTapeMonthly recap
← Embedded Finance Index 2026/News/April 2024
April 2024

Embedded finance in April 2024

97 developments from 93 companies: 6 acquisitions, 16 funding, 36 partnerships and integrations, 15 launches, 4 licences and regulators, 20 other developments.

The biggest deals

  1. 1
    QI Tech

    Series B extension of $50M from General Atlantic and Across Capital, valuation ~$1.5B source

  2. 2
    BillEase

    BillEase secured US$5M from Saison Investment Management, expanding a Helicap-led credit facility to US$40M. source

  3. 3
    Finmid

    Raised €35 million; partnered with Wolt for merchant cash advances. source

  4. 4
    Pula

    Closed $20M Series B funding led by BlueOrchard; IFC, Bill & Melinda Gates Foundation, and Hesabu Capital participated. source

  5. 5
    Ansa

    Closed $14M Series A led by Renegade Partners; 95.6% of round came from female investors. source

Acquisitions 6

Apr 1

Empower Finance signed a definitive agreement to acquire Petal, folding it into Empower's broader alternative credit underwriting platform.

prnewswire.com
Apr 1

EMERAM acquired CoCoNet to fund next growth phase.

coconet.de
Apr 1

Entrust completed acquisition of Onfido; product rebranded under Entrust Identity Verification.

techcrunch.com
Apr 1

Acquired Synapse's assets following bankruptcy (later withdrew from the deal, see May 2024 edition).

finextra.com
Apr 1

Announced merger/acquisition of Puro Finance via share exchange (40% stake, €10.4M).

fintechfutures.com
Apr 1

Fortinet completed acquisition of Lacework, a cloud security posture management company, expanding its AI-powered cloud security capabilities.

fortinet.com

Funding 16

Apr 1

£10M strategic funding round led by Lloyds Banking Group with Nationwide, NatWest and Rightmove

coadjute.com
Apr 1

IFC invests up to $7M as part of $20M Series A round.

ifc.org
Apr 1

TechCrunch reports Series A for European expansion.

techcrunch.com
Apr 1

Closed $100M Series E at $1.6B valuation led by ICONIQ Growth; ICONIQ GP Roy Luo joins board.

fintechfutures.com
Apr 1

Bokra featured in FinTech Futures ICYMI funding round-up, confirming a funding round.

fintechfutures.com
Apr 1

Series A funding round announced, led by Lorimer Ventures.

crunchbase.com
Apr 1

Announced Series C funding round with QED Investors and Mastercard; company valuation reached $130M; community expanded to 1.5 million small businesses.

prnewswire.com
Apr 1

Series B extension of $50M from General Atlantic and Across Capital, valuation ~$1.5B

qitech.com.br
Apr 1

Raised $130M Series F at ~$900M valuation led by KKR with Apax, Inovia, BDT & MSD Partners, and Sixth Street participating.

techcrunch.com
Apr 1

Secured €100M revolving credit facility and confirmed profitability over the prior 24 months

newsroom.blablacar.com
Apr 1

Closed $20M Series B funding led by BlueOrchard; IFC, Bill & Melinda Gates Foundation, and Hesabu Capital participated.

techcrunch.com
Apr 1

BillEase secured US$5M from Saison Investment Management, expanding a Helicap-led credit facility to US$40M.

helicap.com
Apr 1

Bump raises $3M seed round to help creators manage finances, as reported by TechCrunch.

techcrunch.com
Apr 1

Raised €35 million; partnered with Wolt for merchant cash advances.

finextra.com
Apr 1

Closed $14M Series A led by Renegade Partners; 95.6% of round came from female investors.

techcrunch.com
Apr 1

Rubrik IPO on NYSE (RBRK), raising ~$752M at ~$5.6B valuation, pricing above projected range.

news.crunchbase.com

Partnerships and integrations 36

Apr 1

Microsoft invested $1.5 billion in UAE-based AI company G42 as part of a strategic AI partnership.

news.crunchbase.com
Apr 1

Expanded Thredd partnership to Asia-Pacific for virtual card solutions.

thepaypers.com
Apr 1

AutoScout24 launched dealer financing partnership with Bank Deutsches Kraftfahrzeuggewerbe (BDK), enabling dealer-side financing with an online calculator.

autoscout24.de
Apr 1

LBBW launches blue.gpt, an internal generative AI solution for employees powered by OpenAI ChatGPT via Microsoft Azure OpenAI Service.

lbbw.de
Apr 1

Awardco launched A-Pay™ cards in partnership with Stripe (Stripe Issuing + Stripe Treasury), allowing employees to load reward points onto physical or digital payment cards usable at any merchant.

awardco.com
Apr 1

Shoplazza and Afterpay announced a global partnership to offer BNPL payments in the US, Australia, New Zealand, Canada, and UK.

press.shoplazza.com
Apr 1

OakNorth and Marqeta announced a partnership to offer commercial Visa debit cards to OakNorth Business Banking customers in the UK.

investors.marqeta.com
Apr 1

OakNorth launched accounting integrations with Xero, Sage, and NetSuite via Codat for automatic daily transaction syncs.

oaknorth.co.uk
Apr 1

GoCardless renewed and expanded its strategic partnership with Sage, enabling Sage Intacct customers to collect payments via Direct Debit and open banking.

gocardless.com
Apr 1

Partnership with MyShubhLife to provide MSME distributors revolving credit lines based on PayNearby Bharosa score.

outlookbusiness.com
Apr 1

Splitwise partnered with Tink to launch Pay by Bank and Account Check in the UK, enabling in-app bank-to-bank payments.

tink.com
Apr 1

Amwins Program Underwriters and Boost Insurance announced partnership to launch enhanced, technology-enabled Lawyers Professional Liability programs with automated workflows.

businesswire.com
Apr 1

EBizCharge and Lendica announced the iBranch embedded AI lending partnership to deliver SMB business credit inside the EBizCharge platform.

prnewswire.com
Apr 1

Launched enhanced API program for partner ecosystem

entrata.com
Apr 1

Announced 10-year strategic partnership with ACI Worldwide for payments modernization.

businesswire.com
Apr 1

DigiAsia Corp. announced ANDITA AI initiative in partnership with PT Meteor Inovasi Digital to accelerate financial inclusion for MSMEs in Indonesia.

sec.gov
Apr 1

Extended AI partnership with Lundy Inc. to launch Finding Homes Pro voice search.

stellarmls.com
Apr 1

Satago partnered with mmob to allow lenders and corporates to embed its 3-in-1 working capital solution via a single code snippet, dramatically reducing integration time.

satago.com
Apr 1

Airwallex and BILL partnered: Airwallex's local-transfer capabilities added to BILL for faster international payments in local currencies with scheduled FX.

airwallex.com
Apr 1

Introduced Protech Payments webinar — integrated payments solution featuring credit card account updater, expanded checkout methods, simplified reconciliation.

go.protechassociates.com
Apr 1

Scott Dunn announced partnership with Nium to issue virtual cards to global hotel suppliers, enabling payments in 20+ currencies and improving hotel cash flow management.

prnewswire.com
Apr 1

Fime selected by Al Etihad Payments to support setup of UAE's domestic card scheme, Jaywan.

financialit.net
Apr 1

Priority announced partnership with Pipe to offer embedded working capital to merchants via MX Merchant platform, branded as Priority Capital.

prioritycommerce.com
Apr 1

Strategic partnership with Paymentology for card issuing in SBP Digital Core

sbs-software.com
Apr 1

Nuvei launched Invoice Financing powered by Kanmon, integrated into ERPs including Sage and Acumatica, enabling merchants to access same-day or next-day cash from unpaid invoices.

prnewswire.com
Apr 1

Partnership with Episode Six launching Credit Cards-as-a-Service for fintechs

episodesix.com
Apr 1

Partnership with Satago announced to embed invoice finance / working capital solutions via mmob's API adaptor.

pymnts.com
Apr 1

Launched AI Gen generative AI platform in partnership with Google

plusoft.com
Apr 1

Partnership with Acorn Rabobank on carbon credits for 30,000 farmers

techpoint.africa
Apr 1

Announced partnership with Beneficial Network to distribute BTL products through Beneficial's independent advisors

molofinance.com
Apr 1

Spotify expanded age assurance testing in select markets, partnering with Yoti for age estimation technology.

spotify.com
Apr 1

Partnered with Mastercard to launch Click to Pay in France, Spain, Italy, UK.

finextra.com
Apr 1

BJ's Restaurants and Ferry launched a nationwide payroll card powered by Highnote, digitally disbursing employee tips at 200+ casual dining locations across 30 states.

fintechfutures.com
Apr 1

FilmChain announced a $3M investment to innovate film finance with blockchain integration.

therecursive.com
Apr 1

Launched embedded lending product for SaaS revenue; Boulevard is first integration.

fintechnexus.com
Apr 1

URBN announced Stripe as its primary payments infrastructure partner, deploying Stripe Terminal across 600+ stores and adopting Stripe's Optimized Checkout Suite and Link online.

stripe.com

Launches 15

Apr 1

Launched Spend Insights for issuing banks; J.P. Morgan named as production client.

codat.io
Apr 1

Launched Xplor Capital for SMBs using Xplor software (Mariana Tek, FieldEdge, Service Autopilot, Xplor Spot).

xplor.com
Apr 1

Launched Digibanc SME Financing platform to address global $5.2 trillion MSME financing gap, offering supply chain finance, B2B BNPL, and working capital loans across MENA and APAC.

bahrainfintechbay.com
Apr 1

Grameen America announces plan to invest $40 billion of capital in underserved women entrepreneurs by 2033 and launches $600M fundraising campaign.

grameenamerica.org
Apr 1

Beyon Money Business went live, delivering digital financial solutions including corporate cards, expense management, and Flexi Invest for SMEs and corporates.

zawya.com
Apr 1

UnaFinancial / UnaCash launched installment loans of ₱3,000–₱50,000 with 2–12 month terms in the Philippines.

thedigitalbanker.com
Apr 1

Walmart's majority-owned OnePay introduced BNPL for big-ticket items in Walmart stores, directly competing with Affirm.

cnbc.com
Apr 1

Launched 'One' BNPL service across 4,600 retail stores.

thepaypers.com
Apr 1

Launched Account Galaxy, an embedded banking solution with virtual account and virtual ledger capabilities, already supporting Quaint Oak Bank.

finzly.com
Apr 1

Ecosia launched a cross-platform browser for Mac, Windows, iOS, and Android built on Chromium.

techcrunch.com
Apr 1

Launched Hostaway Capital with Parafin as underwriter

skift.com
Apr 1

Launched the ARISE Payment Platform for SMBs, described as a cloud-based, payment-agnostic one-stop payment hub with real-time reporting and analytics.

fintechfutures.com
Apr 1

Mastercard Cross-Border Services launched for Equity Bank customers — remittances to 30 countries

newsroom.mastercard.com
Apr 1

Launched dedicated credit line ('Crédito para Condomínios') for storm-damaged condominiums.

blog.superlogica.com
Apr 1

Microcredit launch with Conta Black for underserved entrepreneurs

pt.linkedin.com

Licences and regulators 4

Apr 1

Adyen published case study detailing Fubo's use of Adyen for payments optimization, fraud protection, and authorization rate improvement.

adyen.com
Apr 1

Secured online payment aggregator license in India.

finextra.com
Apr 1

Consolidated bylaws (Estatuto Social) approved at extraordinary shareholders' meeting

media.elo.com.br
Apr 1

TabaPay announced it would acquire the assets of bankrupt BaaS startup Synapse, pending bankruptcy court approval.

techcrunch.com

Everything else 20

Apr 24

Decoupled payment product from other offerings; businesses can now use card issuing, lending, or BaaS without payment acceptance.

techcrunch.com
Apr 1

WEX signs new long-term agreement as Booking.com's preferred virtual card provider.

nasdaq.com
Apr 1

BCB Group announced consolidation of digital asset custody operations onto Metaco's platform, migrating from a third-party custody provider.

bcbgroup.com
Apr 1

Kyriba announced blockchain-based cross-border payments innovation with Kinexys by J.P. Morgan and embedded bank reporting/payment connectivity within Workday Financial Management.

kyriba.com
Apr 1

Reported its first annual pre-tax profit (£18.4M, 91% income increase to £111.3M, 200+ client firms) and plans international expansion.

embeddedfinancereview.com
Apr 1

Synapse filed for Chapter 11 bankruptcy.

en.wikipedia.org
Apr 1

Mercado Libre published investor relations content highlighting fintech services including credit, insurtech, and off-platform merchant payments as core growth pillars.

investor.mercadolibre.com
Apr 1

CaixaBank reported record €76 billion in factoring and reverse factoring volume for 2023, cementing 28.2% Spanish market share.

caixabank.com
Apr 1

Reported record 2023 results: R$1.063B net profit, R$5.4B revenue (+23%)

livelo.com.br
Apr 1

WEX published a case study naming California DOR as a customer of its digital payment card platform, detailing the CalDOR Payment Card rollout for vocational rehabilitation consumers.

wexinc.com
Apr 1

MeaWallet achieved PCI DSS v4.0 certification, assessed by QSA 7Security GmbH.

meawallet.com
Apr 1

A 144 GB database containing personal data of over 5 million Salvadoran citizens linked to Chivo Wallet was freely distributed on hacker forums after initially being sold.

binance.com
Apr 1

Addition Wealth filed updated Form ADV Part 2A with the SEC, updating primary phone number; legal entity confirmed as Retire Sound Inc. d/b/a Addition Wealth.

files.adviserinfo.sec.gov
Apr 1

Doc2Doc and Rivonia Road Capital announced a financing of up to $100 million — the largest in the company's history — via a Loan Purchase Agreement.

fintechfutures.com
Apr 1

SOC2 Type 2 compliance achieved

eventionllc.com
Apr 1

H-E-B Prepaid Mastercard agreement renewed/updated with Pathward (MetaBank) as issuer and Netspend as program manager, per CFPB prepaid account registry.

consumerfinance.gov
Apr 1

Announced migration from Payrix to Stripe as primary payment processor

help.partingpro.com
Apr 1

Privacy policy revised as of 16 April 2026, confirming DIFC incorporation and compliance with DIFC DPL, UAE PDPL, GDPR, and UK GDPR.

lunedata.io
Apr 1

Revised RBI Master Direction for Bharat Bill Payment System came into effect, replacing the 2014 circular and updating the tiered structure and operational guidelines.

rbi.org.in
Apr 1

Battle Financial, Inc. announced a 506(c) offering of up to $14.75M in Convertible Promissory Notes at 7.0% annual interest, managed by Patrick Capital Markets, LLC.

businesswire.com

Where this comes from

Each 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.

Analysis
All companies A–ZThe network isn't the only rail anymoreMoney-movement railsBank charter applicationsHow banks sell embedded financeEarly-stage companies to watchConsortiums & alliancesMonthly recap
Leaderboards
Sponsor banksBaaSCard issuingKYC / compliance
Regions
USUKEU
By theApideck research team— the unified API platform behind this news archive.