Embedded finance platform Railsr has hired the former chairman of Mastercard and the World Wide Web Foundation , Rick Haythornthwaite, as its first chairman.
Rick Haythornthwaite stepped down from Mastercard in 2020 and is currently chairman of Ocada Group and the AA. Other top posts include chairmanships at Centrica and Network Rail

#finance #network #railsr #newhire

Westlake Financial has selected Railsr, the industry-leading global Embedded Finance platform, to construct and scale its new credit card service.

Existing Westlake Financial customers will be the first to receive this credit card, allowing them to continue using Westlake’s services throughout their whole financial journey.

#finance #railsr #digitalbanking #fintech #payments

A prominent British fintech is exploring a sale just weeks after concluding a heavily discounted fundraising amid growing pressure on technology companies to consolidate.
Sky News has learnt that Railsr, formerly known as Railsbank, is working with bankers at FT Partners on a range of strategic options, including an outright sale.

#fintech #technology #fundraising #bankers #railsr #sale #fintechnews

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.

#railsr #featurespace #partnership #fraud #aml #fintech #fintechnews

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.

#railsr #embedded #finance #experience #fintech #fintechnews

Thought Machine, the cloud-native banking technology company, today announces it is powering Trust Bank Singapore, the first of Singapore’s cloud-native digital banks. Trust is a rapidly growing digital-only bank with an exceptional user experience built in the cloud.

#technology #railsr cloud #banking #digital #bank #userexperience #singapore #banks #fintech #fintechnews

A prominent British #fintech is in talks with rival suitors including Africa's largest payments technology company about a sale that would take place at a steep discount to an earlier funding round.

Sky News has learnt that Railsr - which was previously known as Railsbank - is fielding offers from potential buyers including Flutterwave, which has attracted a multibillion dollar valuation.

#technology #payments #funding #dollar #africa #railsr #flutterwave #fintech #fintechnews

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.

#railsbank #railsr #aml #moneylaundering #investigation #Lithuania #bankoflithuania #fintech #fintechnews #banking #money #bank

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

#payments #banking #bank #aml #fraud #railsr #fintech #license #fintechnews

Lietuvos bankas | Bank of Lithuania’s decision to revoke PayrNet‘s licence due to violations involving money laundering, terrorist financing and international sanctions has not only highlighted an intensifying regulatory scrutiny but has also sparked concerns about potential disruptions to e-money services and card issuing within the fintech industry.



#fintech #money #bank #lithuania #payrnet #fintechnews #railsr #paynetics #brightyapp #wirex #revolut Railsr Paynetics Brighty App Wirex

Railsr is bouncing back with $24m funding injection

UK-based Railsr, the trading name for EMBEDDED FINANCE LIMITED, has secured funding of $24 million from existing investors D Squared Capital (DSQ) and Moneta Ventures Capital, after a “challenging period”.


#railsr #funding #bouncingback #injection #fintech #fintechnews #mbanq