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Railsr, the UK-based embedded finance tech startup formerly called Railsbank, goes into bankruptcy under new consortium owner; it was valued at ~$1B in 2021 (Ingrid Lunden/TechCrunch)

Photo of Grace Will Grace Will March 9, 2023
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Railsr, the UK-based embedded finance tech startup formerly called Railsbank, goes into bankruptcy under new consortium owner; it was valued at ~$1B in 2021 (Ingrid Lunden/TechCrunch)
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Ingrid Lunden / TechCrunch:

Railsr, the UK-based embedded finance tech startup formerly called Railsbank, goes into bankruptcy under new consortium owner; it was valued at ~$1B in 2021  —  Startups are facing a moment of reckoning in the current economic climate, and today one of the more promising in the world of fintech has cracked under the pressure.



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