Connect Money scores $8M to enable non-bank businesses to offer embedded finance services

Banking-as-a-service (BaaS) platforms are instrumental in driving access to digital financial services by introducing fintech capabilities to non-bank businesses. Multiple businesses are tapping these platforms to circumvent the need to build their own tech infrastructure and the bureaucratic processes of acquiring the requisite regulatory approvals to offer financial services including card payments and lending. Globally, […] © 2024 TechCrunch. All rights reserved. For personal use only.