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AAZZUR and Railsbank partner for a ‘Front-end-as-a-Service’ offering for DACH clients

By Joy Dumasia

March 07, 2022

  • Aazzur
  • Berlin
  • Collaboration
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AAZZUR Banking-as-a-Service (BaaS) integrator has expanded its partnership with embedded finance experience platform Railsbank. The move allows AAZZUR to increase its number of compliance-ready core banking products while becoming the front-end BaaS provider for a large number of Railsbank’s DACH clients. 

Railsbank will provide regulatory and technical expertise via its payment infrastructure for accounts and cards management. In turn, AAZZUR will offer front-end layers, integration and value-added financial products to DACH clients of both companies who want to enter the BaaS and embedded finance space or even build their challenger bank. 

Philipp Buschmann, CEO, AAZZUR, commented: “I’ve known Railsbank co-founder Nigel since 2016 and have followed the company’s journey from idea to platform to Europe’s prominent providers. We were one of its first clients, then a sales partner, and I’m delighted we will be working more closely to provide both our DACH clients with an even higher level of embedded financial services.” 

Louisa Murray, COO at Railsbank (UK and Europe), added: “It is great that we are forging even closer ties to AAZZUR, a company that we have worked with for many years now. They intuitively understand what we are achieving within the embedded finance experience category, and how this is a major step-change in how companies and brands can develop closer relationships with their customers.”

Berlin-based AAZZUR enables companies to create an entirely new mobile banking app from scratch or enhance their existing offering within just weeks, thanks to its modular smart platform. Its embeddable Smart Finance Blocks means clients can add everything from budgeting tools to insurance and carbon offset programmes in order to make their customers’ lives better. 

Following the expansion of the partnership, AAZZUR’s offering will increase, and its DACH clients will be able to access the services of Railsbank considerably cheaper and in much less time. London based Railsbank has made significant growth in the last year. This partnership will also see AAZZUR support it with earlier-stage clients focusing solely on front-end integration. The move expands on the 2020 sales partnership between the two companies.

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