Railsr

82 results about this entity

Period: 06 Sep 2016 - 20 Mar 2024

/payments

Railsr proposes merger with Equals Group

Embedded Finance, Railsr's parent company, has approached Equals Group for a merger of the two companies, Sky News reports.

/people

Former chancellor Hammond takes over the chair at Railsr

Former chancellor Philip Hammond has been appointed as chairman of Railsr, the embedded banking platform that was rescued from liquidation last year.

/payments

UK fintech Railsr secures $24m in funding

Railsr, the UK-based embedded finance startup, has pulled in $24m in its latest series of fundraising.

/regulation

Lithuania revokes licence of former Railsr unit

A former subsidiary of failed embedded banking platform Railsr has had its licence revoked by the Bank of Lithuania over “serious violations” of AML and payments laws.

/people

Railsr appoints new CEO following emergency sale

Following its rescue sale last month, embedded banking platform Railsr has brought in a new management team, led by the former boss of blockchain firm Setl, Philippe Morel.

/payments

Railsr agrees rescue sale to investors

Embedded banking platform Railsr has been saved from collapse after agreeing a sale to a consortium of investors led by D Square Capital. Terms of the deal were not disclosed.

/retail

Railsr could be sold in pre-pack administration process

Embedded banking platform Railsr is closing in on a sale through a so-called "pre-pack administration" process, according to Bloomberg.

/regulation

Railsr unit faces Lithuanian investigation into money laundering failures

A subsidiary of embedded banking platform Railsr is being investigated by the Bank of Lithuania over concerns it has been "grossly and systematically" violating money laundering and terrorist financing laws.

/payments

Flutterwave eyes up Railsr

African payments technology unicorn Flutterwave has entered the running to acquire embedded banking platform Railsr, which has been hit hard by inflationary pressures, rising interest rates, cashflow pressures and VC pullback.

/retail

Railsr releases embedded banking dashboard

Railsr, the leading global embedded finance experiences platform, has launched Insights, a dashboard to empower brands to track, manage and enhance the end-to-end experiences of their customers.

/security

Railsr taps Featurespace for fraud protection

Railsr, the leading embedded finance platform, has partnered with globally recognised fraud and financial crime prevention experts Featurespace to protect Railsr customers and their consumers from the growing threat of fraud and financial crime.

/retail

Railsr explores sale - Sky News

Embedded finance platform Railsr is exploring a sale weeks after closing a discounted funding round, according to Sky News.

/security

Railsr selects SurePay as its Confirmation of Payee vendor

Railsr, the leading global embedded finance experience platform, has selected SurePay as its UK Faster Payments (UKFP) Confirmation of Payee (CoP) vendor to help its customers combat fraud and misdirected payments in the UK.

/retail

Railsr raises $46 million

Embedded finance platform Railsr has closed on a $46 million Series C round of combined equity and debt.

/payments

DND Finance releases credit card via Railsr BaaS

Railsr, the leading global embedded finance experiences platform, is partnering with DND Finance (DND), a multinational commercial equipment finance provider, to launch the Score Credit Mastercard.

/retail

Railsr partners with Maslife to launch a finance app that combines financial health and mental wellb

Railsr, the leading global embedded finance experiences platform, is partnering with Maslife to launch a finance app that combines financial health and mental wellbeing, supported by Mastercard and Checkout.com.

/people

Railsr hires former Mastercard chairman Rick Haythornthwaite

Embedded finance platform Railsr has hired the former chairman of Mastercard and the World Wide Web Foundation , Rick Haythornthwaite, as its first chairman.

/payments

Plum joins forces with Railsr to launch debit card

In its first venture into spending products, Plum has announced the launch of its degradable debit card, consolidating its position as a comprehensive money app.

/retail

Money 20/20: Railsr on why "old finance is dead"

Nigel Verdon, CEO of Railsr speaks at Money 20/20 about the reasons for dropping the word 'bank' from their company name, the future of Embedded Rewards, also known as Rewards-as-a-Service, and where we can expect the biggest waves of disruption to come from in 2023.

/payments

Railsr adds rewards to embedded banking proposition

Railsr, the leading global embedded finance experiences platform, has launched a new Rewards-as-a-Service (RaaS) product that enables brands to build their own branded rewards programmes.