Strategic Partnership · Embedded Finance · 2022

Temenos expands BaaS partnership with Mbanq, takes minority stake

Temenos announced strategic partnership with equity investment with Mbanq on December 1, 2022.

Primary
Temenos
Counterparty
Mbanq
Structure
strategic partnership with equity investment
Date
December 1, 2022
Sub-sector
Embedded Finance

Temenos and Mbanq combine to deliver end-to-end BaaS and embedded finance services to US fintechs and brands, targeting $17 trillion embedded finance market by 2030.

Primary company
Temenos
Counterparty
Mbanq
Amount
Not disclosed
Event date
December 1, 2022
Sub-sector
Embedded Finance
HQ
Not disclosed
Structure
strategic partnership with equity investment
Source published
December 1, 2022
Publisher
Crowdfund Insider

Source: crowdfundinsider.com