Press release
MEDICI Launches Banking-as-a-Service 2.0
An in-depth analysis of the fast-evolving BaaS segment
Key Highlights
Factors Driving Growth: Global regulatory and market forces, ecosystem partnerships, and how BaaS is positively impacting every sector and not just finance.
Funding and Investor Activity: Detailed global sectoral funding analysis from 2018 to November 2020 by region and funding stage.
Global Landscape: Dissected by region – specialized companies and banks for whom BaaS is their core business; prominent companies have been profiled.
Expert Opinions and Industry Viewpoints: RBL Bank, Railsbank, Nium, Federal Bank, ICICI Bank, and Decentro.
Partnerships and Acquisitions: Best examples of partnerships that showcase the power of BaaS, including noteworthy acquisitions that could set the trend for inorganic growth in this segment have been showcased.
Banking-as-a-Service holds promise as the biggest catalyst for the explosive growth in Embedded Finance. Over $1.5 billion of private funding has gone into BaaS since 2018, most of it just in the last two years. Banking partners are maturing in their governance, be it a back-end partner or a core BaaS provider. Any business, including those remotely connected to finance, can launch a card product or a stored-value wallet today. BaaS has strongly enabled better digital banking experiences to consumers worldwide through neobanks, reducing the dependence on central bank charters.
‘Banking-as-a-Service 2.0’ will be available starting November 30, 2020, for USD 400. For more information on the report, visit https://gomedici.com/baas
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MEDICI is the #1 destination for the global FinTech industry. MEDICI is a proprietary media and insights platform covering 15,000+ companies across 60+ FinTech subsegments. MEDICI now supports the largest community in FinTech with an audience of 200,000+ executive leaders, innovators, and investors.
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