The consortium of funds managed by TowerBrook Capital Partners L.P., funds managed by J.C. Flowers & Co., and Railsr shareholders led by D Squared Capital and Moneta, has completed its acquisition of Railsr. The acquisition closely follows the Consortium's take-private of Equals, and marks the official combination of two fintech innovators: Equals Money and Railsr - creating one of the largest embedded finance providers in Europe.
Railsr is an England-based API company that enables sectors such as fintech and retail to add features such as digital banking and transaction processing in web applications.