Headline (formerly e.ventures) is a Venture Capital firm actively on the ground in 7 cities around the world. It invests across geographies, leading rounds at every stage. The firm's Early Stage Funds are based in the US, Europe, Asia, and Brazil, and invest locally. Its San Francisco-based Growth Fund invests globally from Series B and beyond, working in collaboration with their Early Stage Teams. The sizes and locations of these funds make it possible for them to see local trends up close, identify winning founders, and lead rounds at every stage. Sonos, The RealReal, Creditas, Sorare, Pismo, AppFolio, goPuff, Acorns, Farfetch, Segment, Bumble, and Yeahka are among the stars in Headline’s world. Headline was founded in San Francisco, California in 1998.

Headline

Better Tomorrow Ventures is a fintech-focused early-stage venture firm. The venture firm was founded in 2020 and based in San Francisco, California.

Better Tomorrow Ventures

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicorns Revolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra.  Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

Seedcamp

QED Investors is an investment firm that supports high-growth companies and businesses. The firm typically provides a combination of both capital and capability. But common to all the firm's partnerships is a shared conviction that information plays a decisive role in the success of the company, a mutual desire for a high degree of direct engagement, and a shared enthusiasm for experimentation and learning.

QED Investors

DN Capital is an early-stage venture capital firm that invests primarily in Europe and North America. The firm focuses on companies that plan to establish operations on both sides of the Atlantic, and strives to help its companies build international businesses. Founded in 2000, the company has operations in London and Silicon Valley. DN Capital’s previous funds are top performers and the firm is one of the lead investors in companies such as Endeca (sold to Oracle), Shazam (one of the world’s leading mobile app), Auto1 (world's largest used car marketplace), Purplebricks (IPO London) and Quandoo (sold to Recruit).

DN Capital

Plumery

We provide a holistic digital engagement platform with the mission to enable banks of any size globally to implement delightful mobile and web experiences for their customers and provide them with the foundation for success beyond fast-time-to-market.

Plumery is a new-generation digital banking platform that provides banks and fintechs with pre-built and customizable functionalities to launch modern digital experiences for their customers. The company's platform combines headless digital banking capabilities with a cloud-native, modular core banking system. This allows businesses to rapidly deploy fully digital onboarding, multi-factor accounts, transaction and money movement journeys out-of-the-box, with additional joint capabilities planned for early 2024.

Core Banking Fintech Tuum Teams Up With Plumery, The Virtual Bank Platform

#Tuum x Plumery collaboration will provide banks and fintechs access to a fully integrated next-gen front and back-end core banking platform

Plumery Raises $4.5 Million for its Component

Plumery Raises $4.5 Million to Help Banks Stay Competitive by Building and Launching a Modern Customer Experience with a Unique Platform

Amsterdam’s Plumery raises €4M to help banks develop great mobile, online experiences

Democratizing financial technology with a suite of API-based solutions

FinTech Infrastructure

Plumery launches UI/UX Factory to optimise mobile banking applications

Payment Components

To enable financial institutions to modernize their systems and implement new digital channels and payment instruments, such as real-time payments, without altering core infrastructure.

Platforms that allow FinTechs to integrate banking services such as opening and maintaining accounts, facilitating card payments, etc.


Plumery is a new-generation digital banking platform that provides banks and fintechs with pre-built and customizable functionalities to launch modern digital experiences for their customers. The company's platform combines headless digital banking capabilities with a cloud-native, modular core banking system. This allows businesses to rapidly deploy fully digital onboarding, multi-factor accounts, transaction and money movement journeys out-of-the-box, with additional joint capabilities planned for early 2024.
Plumery's "Digital Success Fabric" platform enables banks to integrate readily available features and services into their software, eliminating the need to build everything from scratch. This approach accelerates time-to-market by 4x, allowing businesses to design, configure and launch new products into a modern digital experience much faster than conventional methods that require complex and costly customizations.
The platform also provides developer tools to build new capabilities at the speed of fintech companies, ensuring the required level of security, reliability and scalability. Additionally, Plumery's platform offers data analytics capabilities to help banks better understand customer needs, implement delightful mobile and web experiences, and continuously improve their service.
Key customers and partnerships
Plumery has partnered with core banking provider Tuum to introduce a pre-integrated solution combining Plumery's headless digital banking capabilities with Tuum's cloud-native, modular core banking system. This partnership, announced in October 2023, enables banks and fintechs to leverage a true MACH (microservices, API-first, cloud, headless) solution for accelerated time-to-market and agility.

Plumery is a new-generation digital banking platform that provides banks and fintechs with pre-built and customizable functionalities to launch modern digital experiences for their customers. The company's platform combines headless digital banking capabilities with a cloud-native, modular core banking system. This allows businesses to rapidly deploy fully digital onboarding, multi-factor accounts, transaction and money movement journeys out-of-the-box, with additional joint capabilities planned for early 2024.Plumery's "Digital Success Fabric" platform enables banks to integrate readily available features and services into their software, eliminating the need to build everything from scratch. This approach accelerates time-to-market by 4x, allowing businesses to design, configure and launch new products into a modern digital experience much faster than conventional methods that require complex and costly customizations.The platform also provides developer tools to build new capabilities at the speed of fintech companies, ensuring the required level of security, reliability and scalability. Additionally, Plumery's platform offers data analytics capabilities to help banks better understand customer needs, implement delightful mobile and web experiences, and continuously improve their service.Key customers and partnershipsPlumery has partnered with core banking provider Tuum to introduce a pre-integrated solution combining Plumery's headless digital banking capabilities with Tuum's cloud-native, modular core banking system. This partnership, announced in October 2023, enables banks and fintechs to leverage a true MACH (microservices, API-first, cloud, headless) solution for accelerated time-to-market and agility.&nbsp;

Cross River Bank provides a white-label banking-as-a-service (BaaS) platform for enterprises, combining banking services, payments, and marketplace lending infrastructure to build fintechs. Its solutions comprise demand deposits, savings accounts, credit and debit cards, and payment clearing services, including automated clearing house (ACH) and real-time payments. The company also provides banking and payment infrastructure for the crypto industry, including risk management services for its crypto clients.Cross River Bank has expanded its operations by acquiring Betterfin, a platform offering lending-as-a-service (LaaS) solutions, in November 2021. Through the acquisition, Cross River Bank leveraged Betterfin’s software to digitize parts of the small-business lending process (such as origination and underwriting).&nbsp;Key customers and partnerships&nbsp; As of November 2024, Cross River had over 80 clients, including lenders such as Affirm, Best Egg, and Upstart, neobanks such as <a href="https://sp-edge.com/companies/220119">Revolut</a>, and blockchain-based payment processing platform GreenBox. The platform reportedly originated over USD 24 billion in loans per annum, around 10x the value of loans it originated in 2015.As of November 2024, the company had over 500 employees and had entered more than 80 partnerships.&nbsp;In September 2024, Cross River Bank partnered with Forward, an embedded payments company, to offer payouts-as-service solutions featuring same-day automated clearing house (ACH) payouts through Forward's proprietary API technology.&nbsp;Cross River Bank also teamed up with UK-based BaaS provider <a href="https://sp-edge.com/companies/421515">Railsr</a> in January 2019 to launch a common API for their platforms to be used globally.The company partnered with <a href="https://sp-edge.com/companies/1643">American Express</a> (Amex) to enable FinTechs to issue credit cards through Cross River Bank, on the Amex network, while also providing select Amex benefits to the FinTechs.&nbsp;

Cross River Bank

Synctera was co-founded in 2020 by Peter Hazlehurst, the former head of Uber Money, who previously led the development of Google Wallet. The company offers an API-based infrastructure platform for community and regional banks to find and partner with FinTechs. This enables FinTechs to leverage the former’s licenses to embed FDIC-insured mobile checking, debit cards, savings accounts, and payment innovations, among other features. The API platform offered to the banks will then be sold to the FinTechs to code on. Although the end customers interact with the FinTechs, they legally belong to the bank.<a href="https://sp-edge.com/updates/8117">Synctera mainly charges the banks </a>based on the interchange fees they earn (half of the interchange fees, as of January 2022) from the services provided. It does not charge them an initial amount to use the platform. Moreover, the platform also embeds fraud-as-a-service and charges FinTechs on a per transaction basis (4 cents per transaction) should they choose to use it. It subsequently shares that revenue 50/50 with the banks.The company launched the “t-minus10” project in January 2022, which offers a live sandbox for FinTechs to build apps, test, and go to market, enhancing their access to banking partners. It subsequently launched a “Smart Charge Card” (APIs to build, launch, and issue charge cards) and “White-label Banking App” (a codebase for developers to build embedded banking products or neobank apps) infrastructure in October 2022.Key customers and partnershipsIn February 2022, Lineage Bank (a community bank in Tennessee) and GoGetr (FinTech aiming to promote health and wealth management) became the first companies to launch a banking solution using the Synctera platform. As of March 2023, the platform was working with around 50 fintechs, of which 14 were live (including Wayapay and Float). Synctera reportedly had over 20 implementations set for launch in the following two months.Synctera announced a new card issuing and management infrastructure offering (Card-as-a-Service), in July 2021, which it developed in partnership with Mastercard and leading card issuing infrastructure disruptor, <a href="https://sp-edge.com/companies/64287">Marqeta</a>.In August 2024, Synctera partnered with<a href="https://thepaypers.com/payments-general/synctera-partners-marqeta-to-introduce-fleet-cards--1269833"> Marqeta&nbsp;</a>to develop a fleet card solution that helps companies create and manage their own fleet card and banking products.

Synctera

Based in the UK, Weavr, formerly known as Open Payments Cloud, was spun out of payment provider Ixaris in 2019. Weavr offers the infrastructure for enterprises to embed banking services across various industries, including education, fitness, logistics, etc. Weavr’s “Meta” platform combines multiple banking and payments partners in one platform through application programming interfaces (APIs). Using the APIs, enterprises can embed virtual banking services such as card payments, fund transfers, and international banking accounts.Weavr expanded its operations to Singapore in November 2022, as part of its global expansion plans.In March 2023, the company acquired Comma Payments in a primarily equity-based transaction to integrate the latter’s technology. The integration will allow customers to transition from making payments via existing bank accounts to using Weavr-provided accounts with enhanced controls and payment options.Key customers and partnershipsAs of February 2023, Weavr had served over 1,500 enterprises, including Wectory, AllGravy, Corplife, Finway, Thanks Ben, and MySkillCamp.&nbsp;In October 2019, Weavr partnered with payment service providers Global Processing Services (GPS), Paynetics, and iDenfy to enable developers to create and run sophisticated and streamlined payment experiences for their European customers through Weavr.In June 2023, the company&nbsp;<a href="https://www.weavr.io/blog/weavr-and-visa-to-deliver-embedded-finance-to-the-global-stage/">partnered with Visa</a> to integrate its financial plug-ins with Visa's payment capabilities to create embedded finance solutions that are easy to deploy and cost-effective.

Weavr

MX offers an open finance portal, data connectivity application programming interface (API), and MX platform API for banks, credit unions, and other financial service providers. The company’s solutions allow its clients to utilize financial data to reduce fraud, approve loans faster, and improve their customer experiences. In addition to APIs and connections, MX also offers a range of capabilities, including data aggregation, analytics, financial feed insights, wealth and investment services, and verification services.MX looks to enable banks and financial institutions to launch next-generation services and apps that automate and personalize financial experiences.Key customers and partnershipsAs of January 2021, the company noted that it worked with more than 1800 banks, credit unions, and FinTech companies, and its platform reached over 200 million end-users. Moreover, it also powered 43 of the top 50 digital banks as of the same period.&nbsp;As of November 2024, the company maintained connections with more than 13,000 financial institutions and FinTechs. Moreover, the company had processed transactions worth USD 170 billion, averaging around USD 150 million per day.In November 2024, the company partnered with&nbsp;<a href="https://www.pymnts.com/news/banking/2024/american-express-forms-data-sharing-partnership-with-mx/">American Express</a> to enable the latter’s customers to securely connect their accounts with third-party financial institutions and FinTech apps through MX's platform.In&nbsp;<a href="https://sp-edge.com/updates/8753?industryIds=53">February 2022, MX partnered</a> with&nbsp;<a href="https://sp-edge.com/companies/361160">Rize</a>, to enable users to access Rize’s banking infrastructure to build, launch, and scale financial products through a single API, thereby reducing the development time and cost.&nbsp;&nbsp;

Bankable is a banking-as-a-service (BaaS) infrastructure provider allowing financial institutions and corporations to utilize its API to integrate banking services. It provides a platform for its enterprise customers to offer modular banking services, including ledger management (process data from multiple banks to support cash management for global corporate affairs), digital banking, payment cards, and e-wallets. The company expanded its platform by <a href="https://sp-edge.com/updates/19662">acquiring Arex Markets </a>in June 2023, to embed working capital solutions (such as flexible invoice financing, corporate credit cards, lodged cars, and revolving credit).The company has a global presence, with operations spanning from the US to the Middle East as of January 2021. Bankable noted that the expansion of its global footprint also helps its European and US FinTech clients expand their operations internationally.Key customers and partnershipsIn January 2020, the company partnered with the diversified FinTech infrastructure provider <a href="https://sp-edge.com/companies/85350">Plaid </a>, which enabled Bankable’s customers to use Plaid’s tech to connect to more than 15,000 banks in the US and Europe.

Bankable

Platforms that enable FinTechs to integrate a range of payment-related services such as one-time payments, subscriptions, and receipt management for domestic and cross-border transactions.


Companies that enable organizations to embed anti-money laundering (AML), identity verification, and know-your-customer (KYC) solutions.


Platforms that allow FinTechs to integrate lending services,  by typically applying AI/ML technology to a spending analysis to analyze creditworthiness.

Companies providing APIs and integrations for FinTechs to access securities markets, facilitate transactions and clearing, and provide insights to help end-users manage their finances.

May specialize in promoting inclusiveness in financial services, primarily in the investment and lending spaces

AI/ML can improve the quality of their offerings, such as using AI/ML to reduce biases

Used for payment completions, accessing banking and transaction data, and providing financial insights, among others

ANALYST_QUICK_TAKE

PROMINENT_CATEGORY

<div>
 Digital banking provider, Plumery, has teamed up with payment solutions provider, Payment Components, to aid financial institutions in system modernisation without the need to modify their current core infrastructure.
 This collaboration permits banks to establish new digital channels and payment tools, including real-time payments, with no need for alterations to their core systems to conform with regulations like the EU's Instant Payments Regulation (IPR).
 Founded in 2022, Plumery offers a digital banking platform that empowers financial institutions to develop and launch mobile and online banking interfaces.
 Established in 2014, Payment Components offers software components to aid financial institutions in digital operation transformation and improving payment services.
</div> Analyst Quicktake: 
 There has been an uptick in partnership activity related to digital banking solutions in this space. Notable partnerships include 1) <a href="https: 
//sp-edge.com/updates/35633"> Narmi’s partnership with Agent </a> IQ to enhance digital banking solutions for financial institutions, 2) <a href="https: 
//sp-edge.com/updates/35460"> ClearBank’s partnership with Visa </a> to enable real-time payments and card issuance, and 3) <a href="https: 
//sp-edge.com/updates/35313"> Nymbus’s partnership with PeoplesBank </a> to launch employer-focused banking solutions.

Plumery

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