| Founded | 2016 |
|---|---|
| Closed | 2023 |
| Country | UK |
| Sector | Fintech |
| Collapse type | Bankruptcy |
| Founder | Nigel Verdon, Clive Mitchell |
Railsr (Railsbank)
"$97M in embedded finance fuel burned on global expansion before the engine was ready."
Key Events Timeline
Railsr, formerly Railsbank, founded by Nigel Verdon and Clive Mitchell, raised $97M to become a global embedded finance platform offering card issuance, IBAN accounts, and crypto rails as a service.
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