<div>
 
 
 <ul>
 <li>
 
 Embedded Finance, the parent company of London-based Railsr (a banking-as-a-service infrastructure provider), will merge with Equals Group, a B2B payments solution provider. However, no definitive agreements have been signed yet, and Equals Group is still receiving other offers until mid-April.
 
 </li>
 <li>
 
 Railsr has written a non-binding business combination proposal to Equals Group following Equals Group's ongoing strategic review.
 
 </li>
 <li>
 
 Analyst QuickTake: 
 Railsr entered 
 <a href="https://sp-edge.com/updates/16982">
 bankruptcy protection
 </a>
 in March last year after being acquired by a shareholder consortium, Embedded Finance Ltd. Under new ownership, the company has undergone major business restructuring, including revamping 
 <a href="https://sp-edge.com/updates/17525">
 its leadership
 </a>
 team with the appointment of several new C-level executives last April. Moreover, in October 2023, Railsr also secured 
 <a href="https://sp-edge.com/updates/23251">
 USD 24 million
 </a>
 in funding to growth initiatives.
 
 </li>
 </ul>
 
 
</div>

<div>
 
 <a href="https://news.sky.com/story/ex-chancellor-hammonds-fintech-railsr-eyes-merger-of-equals-13098444">
 Sky News
 </a>
 
 
 <a href="https://fxnewsgroup.com/forex-news/payments/equals-confirms-receipt-of-proposal-from-railsr-and-towerbrook-for-its-entire-share-capital/">
 FXnewsgroup
 </a>
 
 
 <a href="https://www.finextra.com/newsarticle/43878/railsr-proposes-merger-with-equals-group?utm_medium=rssfinextra&amp;utm_source=finextrafeed">
 Finextra
 </a>
 
 
 
</div>

FinTech Infrastructure

ANALYST_QUICK_TAKE

<div>
 
 London-based parent company Embedded Finance, of banking infrastructure provider Railsr, plans to merge with Equals Group, a provider of B2B payment solutions. At this time, there are no final agreements and Equals Group is continuing to entertain other offers until mid-April.
 Due to Equals Group's current strategic review, Railsr has submitted a non-binding business combination proposal.
 
</div>
 Analyst QuickTake: 
 Railsr entered <a href="https: 
//sp-edge.com/updates/16982"> bankruptcy protection </a> in March last year after being acquired by a shareholder consortium, Embedded Finance Ltd. Under new ownership, the company has undergone major business restructuring, including revamping <a href="https: 
//sp-edge.com/updates/17525"> its leadership </a> team with the appointment of several new C-level executives last April. Moreover, in October 2023, Railsr also secured <a href="https: 
//sp-edge.com/updates/23251"> USD 24 million </a> in funding to growth initiatives.

Railsr’s parent company to merge with Equals Group

DISRUPTOR_PRESENT

<div>
 <ul>
 <li>
 UK-based Railsr (also known as Embedded Finance), a banking-as-a-service platform has raised USD 24 million in funding from D Squared Capital and Moneta Venture Capital. Railsr's total funding now stands at approximately USD 211.8 million.
 </li>
 <li>
 The company earmarked the funds towards supporting its growth initiatives.
 </li>
 </ul>
</div> Analyst QuickTake: Today’s funding news comes in a little over six months after the company entered <a href="https://sp-edge.com/updates/16982"> bankruptcy protection </a> in March and <a href="https://sp-edge.com/updates/17525"> revamped its leadership </a> a month later. The company last <a href="https://sp-edge.com/updates/13514"> raised funds </a> in October 2022, which added USD 46 million to the company’s coffers in a mix of Series C equity and debt. This round was reportedly at a discount compared with the nearly USD 1 billion price tag on the company following a <a href="https://sp-edge.com/updates/4237"> round </a> in 2021.

Railsr raises USD 24 million in funding

Railsr revamps leadership with new CEO, COO, and CFO

Railsr enters bankruptcy protection under new owner, Embedded Finance Ltd

Flutterwave enters the running to acquire Railsr

Railsr raises USD 46 million in a mix of Series C and debt funding

Making banking work, without the paperwork

All Updates