Founded as Railsbank in 2016, the company rebranded to Railsr in 2022 to reflect its focus on providing "rails" for the financial services industry. Railsr is a global Banking-as-a-Service (BaaS) and embedded finance platform that allows developers and brands to build and embed financial services, such as digital wallets, card issuing, and payment processing, directly into their own applications and customer experiences via APIs. In 2023, the company faced significant financial and regulatory challenges, leading to the UK business entering administration and being sold to a consortium, while its Lithuanian entity had its license revoked. It continues to operate under new ownership.

Founded in

United Kingdom