London-based FinTech Railsbank, which offers digital banking services, is now closing in on unicorn status, Sky News reported Friday (Feb. 4). The company also recently got in on some assets of Wirecard, the collapsed and fraud-ridden German payments company. Railsbank is working on plans to...
The embedded finance platform Railsbank has launched a buy now, pay later (BNPL) tool the company says will give retailers “a greater share of the spoils. “Current BNPL providers brand their own offerings which take the customer away from the original retailer’s website and onto...
The embedded finance platform Railsbank is working with the personal finance company Status Money to launch a cash-back credit card that invests rewards in cryptocurrency. “By partnering with Railsbank, Status Money is evolving from being a financial advice platform to a true financial services company...
In today’s top news in digital-first banking, Railsbank notched $70 million as it keeps growing its FinTech-as-a-Service platform on an international scale, while N26 is reportedly in fundraising talks that would value the firm at between $8 billion and $11 billion. Plus, FinTech Propel launched...
April 21, 2020
In times of turmoil, you go toward whom you trust. The coronavirus pandemic — which has forced all of us online — is exposing just who in financial services has embraced digitization, and who is truly digital native. We now must bank entirely online, by necessity. And many of us must transact entirely online, by […]
March 09, 2023
Railsr, formerly known as Railsbank, has been sold to a consortium of global investors. The change of control of the embedded finance platform has been approved by the United Kingdom’s Financial Conduct Authority (FCA), so Railsr’s customers and end-users will see business continuity, Railsr said in a Thursday (March 9) press release. “A huge number […]
February 06, 2022
London-based FinTech Railsbank, which offers digital banking services, is now closing in on unicorn status, Sky News reported Friday (Feb. 4). The company also recently got in on some assets...
January 13, 2022
The embedded finance platform Railsbank has launched a buy now, pay later (BNPL) tool the company says will give retailers “a greater share of the spoils. “Current BNPL providers brand...
August 31, 2021
The embedded finance platform Railsbank is working with the personal finance company Status Money to launch a cash-back credit card that invests rewards in cryptocurrency. “By partnering with Railsbank, Status...
