Banking-as-a-Service stories

Backbase and Ninth Wave have teamed up to let banks plug corporate clients' ERP and accounting systems straight into account data and payments.

Wise posts higher transfer volumes and customer balances as it targets a Nasdaq primary listing in May 2026 while keeping London.

Monzo abandons its US expansion and cuts about 50 jobs as Revolut pushes for a banking charter to build a direct American lending business.

Nium unveils a stablecoin card issuance platform that lets businesses spend digital dollar balances via Visa and Mastercard through one API.

Monument to tokenise GBP £250 million of retail deposits on Midnight blockchain in UK first, keeping savings protected and interest-bearing.

Tide adds easy access cash ISA with 3.25% variable AER for sole traders, letting self-employed users save tax-free and withdraw funds instantly.

Solana unveils an API-based developer platform for banks and payment firms, backed by Mastercard, Worldpay and Western Union pilots.

SumUp adds Upvest-powered in-app investing in Germany, letting small firms put EUR €1 into fractional money market funds via its app.

OpenAI selects Brex to run global spend and finance operations, as automation tools vie to serve the fast-growing AI sector's complex needs.

Open banking has swiftly evolved from a regulatory fix into core UK infrastructure, transforming payments, lending and everyday money management.

European fintech is maturing as G+D's Sofiane Chouane charts a future shaped by stricter regulation, AI, and bank-startup partnerships.

Tempo launches Mainnet and unveils Machine Payments Protocol to automate stablecoin and card payments between AI agents and online services.

Metro Bank teams up with Equals Money to offer FX forwards, helping UK business customers lock in exchange rates and manage currency risk.

Barclays and Sage are teaming up to link banking with cloud accounting, aiming to slash admin time for UK small firms as tax rules tighten.

Circles partners with Airwallex to plug embedded banking into CirclesX, letting telcos launch financial services across more than 70 markets.

Circles.Life rolls out Zerofy Cashback Card in Singapore, touting instant, uncapped rewards on global spend via Airwallex and Visa.

Wise wins full Thai licences to launch cross-border wallets and cards, challenging banks in a USD $9.46 billion remittance market.

Unlimit appoints Irene Skrynova CEO of global payments to unify its processing, product and tech as it pivots to financial infrastructure.

Tide launches embedded 5G mobile plans in its app, giving UK small firms business numbers with unlimited calls, texts and optional data.

ACI Connetic for Cards promises unified issuing, acquiring and ATM processing as banks race to modernise card systems and fight fraud.