Read up on what people are saying about us in the new emerging market of embedded finance.

The AFR BOSS Most Innovative Companies list, published on Friday, has revealed the top innovators in 10 categories – agriculture, mining and utility; banking, superannuation and financial services; government, education and not-for-profit; health industries; manufacturing and consumer goods; media & marketing; property, construction & transport; professional services; retail, hospitality, tourism & entertainment; and technology. Read the full article - (pay wall)

Sydney finance start-up Shaype has defied the tech world’s capital raising drought, ruling off a $33 million round and scoring a top-up from Regal Investment Partners. Regal is back as the lead investor in the Series C round after cutting a cheque in Shaype’s $17 million Series B in July 2021 - back when the start-up was known as “Hay as a Service”. Read the full article - (pay wall)

Chief product officer at Shaype, Mark Hansell, told the roundtable that with open banking technology, you can take customer data and put it into the hands of the people that know the end customer the best, which is the business that is operating a marketplace or operating a chain of shops. “You can take that data and take the insights around brilliant customer experiences from those businesses and orchestrate movements of money automatically in the background,” Hansell said. “In doing so, you can drive massive efficiencies in things like supply chains, smart contracts, and bits and pieces like that. Read the full article - (pay wall)

When Commonwealth Bank decided it needed a new app to teach kids about money, it took a radically different approach to product development than a bank of old. Rather than getting its own teams to build the app – which includes a virtual bank account and prepaid debit card – it turned to Shaype, a Sydney-based fintech specialising in “embedded finance”. The decision points to a dramatic transformation in major bank thinking about technology and innovation. Read the full article - (pay wall)

Commonwealth bank of Australia has begun pilot tests of Kit, a new money app and digital information tool for kids. With their own Kit account and prepaid card, kids can manage their own earning, saving, and spending. Kids can earn money on ‘chores PayDay’, create savings ‘Stacks’, access their money through an ATM and tap their card to make purchases. In Boss Mode, parents have access to overarching controls such as spend limits and card and PIN protection, which can be tailored to each child in the family. The virtual account and prepaid card is issued by Shaype, using the AFSL held by parent company Hay Limited, following a supplier selection process that began in July 2021. Kit is currently in pilot with up to 5,000 customers and has been built with the help of kids, parents and caregivers along with an independent advisory panel of experts in youth mental health and wellbeing, digital services for children and families, artificial intelligence and financial capability. Read the full article

Australia’s Hay Group is launching Shaype to redefine what is possible in financial innovation, fintech and embedded financial experiences. Since launching the Hay as a Service (HaaS) offering in 2020, the team and the platform’s capabilities have grown and evolved reflecting the strong demand from clients for better financial innovation solutions. The key attributes delivered to clients include project acceleration and derisking technology execution for start-ups as well as established suppliers who can use the powerful and flexible platform to bring new products to market. The business has established a reputation for speed, flexibility, control, strong working relationships and a partnership approach. To continue to build on this strong foundation, Hay as a Service (HaaS) has today become Shaype. Read the full article

Australia’s Hay Group is launching Shaype to redefine what is possible in financial innovation, fintech and embedded financial experiences. Since launching the Hay as a Service (HaaS) offering in 2020, the team and the platform’s capabilities have grown and evolved reflecting the strong demand from clients for better financial innovation solutions. The key attributes delivered to clients include project acceleration and derisking technology execution for start-ups as well as established suppliers who can use the powerful and flexible platform to bring new products to market. Read the full article

In this episode of The FinTech Report Podcast, Glen Frost interviews Mark Hansell, Chief Product Officer at Hay-as-a-Service. Hay-as-a-Service – or HaaS – is leading the embedded finance revolution via their platform that enables any company to ‘stand up’ financial products in as little as 10 days. Australian Fintech January 28, 2022 Listen to the podcast here

HaaS (Hay-as-a-Service) is an official sponsor of Money 20/20 Europe which kicks off in Amsterdam this week with the theme: “Fintech, let’s get back to business!” HaaS is exhibiting at Stand D31 represented by two senior executives from its London office, Hemant Grover, Head of Business Development EMEA, and Jamie Shepherd, Head of Product Strategy. The London team has only recently moved into larger premises as HaaS expands its engineering capacity by 200% to service increasing client demand in the UK and Europe. International Fintech, 20 September 2021 Read the full article

It’s happy days for Sydney-based fintech Hay, which has locked away $17 million as part of a larger Series B capital raise due to close in coming weeks. Australian Financial review Jul 8, 2021 Read the full article - (pay wall).

Featurespace, the leading provider of Enterprise Financial Crime prevention software, has revealed that Australian fintech Hay has selected its ARIC Risk Hub to detect and prevent fraud and money laundering on its mobile-first solution. Hay is one of Australia's first born-in-the-cloud financial services, offering customers a prepaid Visa card that links to their digital transaction account, through which funds can be stored and accessed. “This is the first of many revolutionary steps we're going to take to deliver the flexibility our customers demand and that few in the industry can deliver," said Jason Latham, CIO of Hay. "Banking with next generation security has been our priority from day one. That's why we chose Featurespace.” Finextra June 9, 2020 Read the full article

Hay-as-a-Service provides fast, secure, and customisable financial services processing for financial and non-financial businesses. Because the solution is supported by a low-code automation platform, HaaS is able to deal with all of the complexities of managing its services at scale for its clients. This allows HaaS and its clients to concentrate on delivering value for their customers, knowing that management support for any new innovation can be implemented risk free and at speed using Appian. Asia One July 08, 2021 Read full article here

Tavant, a Silicon Valley-based provider of AI-powered digital technologies, today announced it has entered into a strategic alliance with Hay Group, an Australian fintech provider, to deliver the full payment and lending spectrum of capabilities to the Australian financial market. Tavant’s end-to-end digital lending suite, VΞLOX, will now be integrated with Hay’s cloud-embedded finance platform, which seamlessly integrates digital banking services into any customer journey. This joint solution will provide extraordinary, AI-powered financial experiences for lending and banking end-users in the Australian financial marketplace. Yahoo! Finance, 27 May, 2021 Read the full article here

Hay, an emerging Australian fintech, has selected Mambu, the market-leading pure SaaS banking engine, as one of its key technology partners as the company looks to establish itself as a full service neobank. Hay will incorporate Mambu’s flexible, API-first, core banking platform into its custom-built technology ecosystem, alongside a collection of best-of-breed components. Australian Fintech March 11, 2020 Read the full article here

Nestled in the cloud FinTech space, Hay is a mobile-first money platform that allows customers to open a bank account in less than five minutes, complete with a Visa card for payments. Services are offered through the Hay app, where customers can make and track their payments, monitor spending, and manage budgets. Read the full article.

As big banks grapple with how to securely digitize their operations, FinTechs are increasingly filling the gap for consumers seeking easy access to mobile spending accounts. One such FinTech is Hay, who launched to the Australian public in February 2020 as a mobile-first payments and money management solution. Read the full article.

Hay is a small but mighty team whose vision is to deliver extraordinary payment experiences. Built entirely as digital and mobile-first, Hay is an Australian fintech provider that aims to improve people’s lives by allowing them more financial access and flexibility, while providing increased control to manage and better understand their money. Read the full article.

The fintech’s latest developments have been led by Jason Latham, its chief technology officer (CTO), who spent seven years at Shawbrook Bank most recently as its head of delivery and innovation. He also spent seven years at investment management firm Marshall Wace, where Hay’s CEO Andrew Laycock comes from. Read full article here