Equals & Railsr Merge to Create Embedded Finance Powerhouse

Private equity-backed deal combines Equals Money's currency services with Railsr's banking-as-a-service platform to form leading European fintech provider

A consortium led by TowerBrook Capital Partners and J.C. Flowers & Co, and with participation from Lingotto Investment Management has finalised its acquisition of Railsr, creating a merged entity with Equals Money that forms one of Europe's largest embedded finance platforms.

The deal brings together Equals Money, which provides multi-currency accounts and foreign exchange services, with Railsr, a banking-as-a-service infrastructure provider. Both brands will continue to operate while integrating their operations behind the scenes.

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