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Barclays completes Tesco Bank acquisition | Brazil wants to regulate BaaS
In the newest podcast episode, I am speaking with Saible's CEO Jarvey Moss about why he decided to fix payments in the construction industry. Additionally, I cover the completion of Barclay's Tesco Bank acquisition, Shopify's new financial hub and the development in the US sponsor bank market.
Two British retailers launch new embedded finance products
The department store chain John Lewis partnered with Zopa for a consumer embedded lending product and electronic retail chain Currys partnered with BNP Paribas to upgrade its existing BNPL product. Also, Shopify, TikTok, and Mister Spex announce new embedded finance products.
Swedish retailer partners with SEB Embedded & Hilton launches two debit card products
Three European non-financial brands have launched new banking products, each with their own twist. Swedish retailer Hemköp needs to prove that its offering is attractive enough; Hilton's choice of issuing partner is a surprise; and the Spanish subsidiary of a property technology provider targets a new type of customer.