<div>
  <ul>
    <li>
      <p>
        Checkout.com, a payment infrastructure provider, has expanded its embedded finance offering by launching a card issuing infrastructure (physical, virtual, and on-off cards), &ldquo;Checkout Issuing.&rdquo; During its testing phase, Checkout Issuing has been used to create &ldquo;millions&rdquo; of cards.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        The solution mainly caters to online travel, marketplaces, loyalty, and expense programs, and allows users to customize their cards (such as the material used and color combinations). Checkout claims that its cards rely less on third-party integrations, compared to similar market offerings, thereby offering users greater flexibility.&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        Checkout further noted that enterprises issuing cards using the platform will also earn a portion of the interchange fees (from the portion of fees charged by them).&nbsp;
      </p>
    </li>
  </ul>
  <ul>
    <li>
      <p>
        <b>Analyst QuickTake: </b>
        Checkout Issuing is likely to face competition from existing disruptors specializing in offering card-issuing infrastructure. This includes highly funded and established players such as 
        <a href="https://sp-edge.com/companies/64287">
          Marqeta
        </a>
        , 
        <a href="https://sp-edge.com/companies/263519">
          Deserve
        </a>
        , 
        <a href="https://sp-edge.com/companies/377328">
          Lithic
        </a>
        , and 
        <a href="https://sp-edge.com/companies/1607468">
          Highnote
        </a>
        , among others.&nbsp;
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://techcrunch.com/2023/03/22/checkoutcom-launches-virtual-and-physical-card-issuing/">
      TechCrunch
    </a>
  </p>
  <p>
    <a href="https://www.finextra.com/newsarticle/42017/checkoutcom-moves-into-card-issuing?utm_medium=rssfinextra&amp;utm_source=finextrafeed">
      Finextra
    </a>
  </p>
  <p>
  </p>
</div>


FinTech Infrastructure

Checkout.com launches card issuing infrastructure

Stripe raises USD 6.5 billion in Series I funding

APEXX Global raises USD 25 million in Series B funding

Synctera raises USD 15 million in funding

Monnai raises USD 6.5 million in Series A funding

Railsr enters bankruptcy protection under new owner, Embedded Finance Ltd

Socure receives USD 95 million credit facility

Airwallex acquires Guangzhou Shang Wu Tong Network Technology Co Ltd to expand operations to China

Zuora Q4 results beat analyst estimates for revenue and EPS

Marqeta Q4 revenue in line with analyst estimates, while EPS beats estimates

Flywire Q4 revenue and EPS beat analyst estimates

Veriff settles class action lawsuit for USD 4 million

CoreLogic acquires Roostify

PPRO expands cross-border payment infrastructure to South Korea

Clear Street receives undisclosed sum of funding from IMC Investments

Sandbox Banking raises USD 4.3 million in seed funding

FIS to spin off Worldpay

Omnio raises EUR 9 million in funding

Flutterwave to expand in North Africa with PSP and payments facilitator licenses in Egypt

All Updates

Checkout.com launches card issuing infrastructure

Stripe raises USD 6.5 billion in Series I funding

APEXX Global raises USD 25 million in Series B funding

Synctera raises USD 15 million in funding

Monnai raises USD 6.5 million in Series A funding

Railsr enters bankruptcy protection under new owner, Embedded Finance Ltd

Socure receives USD 95 million credit facility

Airwallex acquires Guangzhou Shang Wu Tong Network Technology Co Ltd to expand operations to China

Zuora Q4 results beat analyst estimates for revenue and EPS

Marqeta Q4 revenue in line with analyst estimates, while EPS beats estimates

Flywire Q4 revenue and EPS beat analyst estimates

Veriff settles class action lawsuit for USD 4 million

CoreLogic acquires Roostify

PPRO expands cross-border payment infrastructure to South Korea

Clear Street receives undisclosed sum of funding from IMC Investments

Sandbox Banking raises USD 4.3 million in seed funding

FIS to spin off Worldpay

Omnio raises EUR 9 million in funding

Flutterwave to expand in North Africa with PSP and payments facilitator licenses in Egypt

Adyen’s stock falls as 2H EBITDA margin falls below consensus

Treasury Prime raises USD 40 million in Series C funding

Moov raises USD 45 million in Series B funding

Marqeta acquires Power Finance, Inc. for USD 275 million

Marqeta appoints Simon Khalaf as CEO

Stripe to decide on IPO within one year

Method raises USD 16 million in Series A funding

Mollie appoints Koen Köppen as CEO

Core10 raises USD 6.5 million in Series B funding

Airwallex partners with American Express

Stax appoints John Kristel as interim CEO