Bankable buys Arex Markets

Bankable, a UK-based Banking-as-a-Service (BaaS) provider, has completed the acquisition of embedded finance platform Arex Markets. The financial terms of the deal have not been disclosed. The acquisition will enable Bankable to integrate credit and working capital solutions into the payment processes of established neobanks, multinational brands, and fintech platforms.

Arex Markets, founded in 2014 and headquartered in Barcelona and Dublin, operates a marketplace that offers businesses access to a range of credit solutions and connects them with institutional investors to unlock capital. By joining forces with Arex Markets, Bankable aims to enhance its API-led digital platform by incorporating working capital options such as flexible invoice financing, corporate credit cards, lodged cards, and revolving credit. The integration will enable customers to quickly develop card, payment, and credit solutions on top of Bankable’s virtual account core.

The initial deployment of the combined offering is focused on the B2B wholesale travel sector, where Bankable seeks to provide working capital support for supplier payments. This strategic move reflects Bankable’s commitment to delivering embedded financial services across Europe to fintechs, established businesses, and brands. The acquisition aligns with the shared mission of Bankable and Arex Markets to expand the availability of comprehensive financial solutions.

The acquisition of Arex Markets strengthens Bankable’s position in the BaaS market and bolsters its ability to provide tailored financial services to its diverse range of clients. With the integration of credit and working capital capabilities, Bankable aims to enable its partners to streamline their payment processes and unlock new growth opportunities.

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