London-based embedded finance platform Railsr has today closed a rescue deal with a syndicate of new and existing investors that will allow it to continue as a business.
News
March 9, 2023
London fintech Railsr agrees rescue sale to consortium of investors
Railsr’s business has been salvaged by investors in a complex ‘pre-pack’ administration process, after a months-long struggle to find a buyer
1 min read
Amy O'Brien is a freelance reporter covering Italian tech. She was previously Sifted's fintech reporter

Fintech newsletter
Your weekly update on the latest trends across (neo)banking, buy now pay later, payments and the fintech startup scene.
Recommended
Revolut finally wins UK banking licence after five-year tussle
Europe's biggest fintech has been stuck in an unusually long 'mobilisation period'
Blackcat CTO on the future of European fintech: multi-rail finance and operational maturity
The region’s fintechs are entering a new phase with mutli-rail stacks slowly becoming the new normal.
Lloyds wants to be the UK’s biggest fintech. Are legacy banks ready to fight back?
European incumbents are feeling the pressure a decade into the fintech boom


