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Incumbents Need to Adopt BaaS as Digital Banks Grows in Popularity

As neobanks and digital challengers continue to advance and become increasingly more popular, incumbents must modernize their architecture by embracing cloud-native digital platforms, a new article by consulting firm Bain & Company and fintech provider Mambu says. ....

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Southeast Asian open finance startup Brankas gets $20M Series B led by Insignia Ventures – TechCrunch

Brankas, an open banking startup for Southeast Asian markets, is entering the new year with a $20 million Series B. The funding was led by Insignia Ventures Partners, with participation from returning investors Beenext and Integra Partners. Other backers included Visa (Brankas was a member of its 2021 Accelerator Program), AFG Partners and Treasury International, […] ....

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