Leading electronic money institution (EMI) PayDo is working to advance online and mobile banking. An embedded finance capability for SEPA, SEPA Instant, FPS, and SWIFT transactions will be introduced.
A recently released report projects that over the next five years, the embedded finance sector would expand by 148%.
Additiv, a global leader in embedded finance and Fintech that has been serving the ME area since 2020, reiterates its commitment to growing its business.
Paynetics, an integrated finance company located in Bulgaria, has paid an unknown amount to purchase Novus, a digital bank in the UK accredited as a B-Corp.
Novus, a UK "impact-neobank," is acquired by embedded finance provider Paynetics as part of its commitment to promoting ESG activities in the financial services industry.
Today, ClearBank, which gives financial institutions access to safe accounts, real-time clearing, and embedded banking, revealed that Poundtoken has chosen it to handle its banking needs and store its fiat-backed stablecoin reserves with the Bank of England.
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