Railsbank is the pioneer and innovator in the global Banking as a Platform (BaaP) sector, enabling banks, businesses and brands to define the future of consumer and SME finance.

Railsbank's mission is to deliver a seamless product to companies through a technology platform that moves past the legacy issues.

Railsbank was founded in 2016 by Nigel Verdon and Clive Mitchell. The company is headquartered in London, UK, with offices in Santa Monica (U.S.), Singapore, Vilnius (Lithuania), Munich (Germany), Newcastle (U.K.), Manila (Philippines), Kuala Lumpur (Malaysia), Melbourne (Australia), Vietnam and Sri Lanka.


Railsbank’s innovative products, including banking-as-a-service and cards-as-a-service are developed out of its zero-legacy core finance platform. 


The Railsbank platform enables marketers, product managers, developers to take their financial product vision and rapidly prototype, launch and scale their vision using its open finance platform, financial operations, regulatory licensing and rich set of APIs.


Railsbank's customers use the super simple APIs as building blocks to deliver exciting products for their end users including apps that help manage and distribute money in real-time, reflecting the needs of the customers.


Railsbank is backed by MiddleGame Ventures, Ventura Capital, Anthos Capital, Central Capital, Cohen and Company, Global Brain, Clocktower Technology Ventures, Mitsui Fudosan and others. The company raised $70M in new round on Jul 14, 2021. This brings Railsbank's total funding to $121.4M to date.



  • Year founded: 2016
  • Funding Info: $121.4M over 6 Rounds (Latest Funding Type: Private Equity)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: NA
  • City/Town: London
  • State: London
  • Country: United Kingdom
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