Banks now sell embedded finance as a product line of their own. The rest of the index counts which banks fintechs disclose. This page records what each bank says it sells, to whom and through which channel, in its own words and with its own sources.
ABN AMRO frames embedded finance as bringing the bank closer to end users: platform providers get integrated products so their business customers never switch to a bank app. Its flagship is B2B Pay Later, built with Two.
BBVA treats embedded finance as an API-driven corporate banking play: financing, treasury and payments placed inside partners' platforms and SME workflows by a dedicated team that co-develops each partnership. Its earlier US BaaS business, BBVA Open Platform (2018), went with the US bank sold to PNC.
Citi Services sells embedded finance as platform plays for e-commerce companies, fintechs and marketplaces, built on virtual accounts. It pairs them with Spring by Citi and Payments Express so a platform can accept, hold and pay out funds with one bank, and says the model is designed not to compete with its clients' core business.
Citizens pitches embedded payments as a dedicated bank for US payments companies that move or hold money on behalf of their customers. It leads with a white-glove partnership model and a dedicated embedded payments team, not self-serve tooling.
TxB presents itself as an API-first, cloud-native transaction bank for the modern treasurer. Embedding payments into clients' software is a stated use case through virtual accounts, the payments API and Modern Treasury, but Goldman no longer markets a standalone embedded-finance or BaaS product.
J.P. Morgan sells embedded finance as a single-provider, end-to-end suite: marketplaces and platforms onboard users and accept, hold and pay out funds without leaving the platform. Its pitch is the stability of a bank with the flexibility of a technology company.
Santander has no bank-branded BaaS product. It embeds through group businesses: Ebury Connect puts cross-border payments and FX into corporate ERPs and fintech products, Getnet Platforms (PagoNxt) sells payments-hub and SWIFT infrastructure to other institutions, and Santander CIB exposes payment APIs.
bunq opens its own neobank stack to other businesses: the partner designs the experience, bunq supplies the licence, accounts and compliance. It went live in April 2026 with Blockrise and opened to companies across the EU in June 2026.
Coastal runs its fintech business as a separate division, CCBX, where financial technology meets community banking. It sells a full BaaS suite and stresses the compliance oversight it holds partners to.
Cross River presents itself as banking infrastructure for builders reinventing finance. It sells one API-based suite covering lending, payments, cards, accounts and crypto, with marketplace lending as the long-standing core.
Newline calls itself the embedded finance platform for the enterprise: an API-first way to launch payment, card and deposit products directly with Fifth Third. The bank presents it as fintech-grade technology on a large bank's balance sheet. It was built on the 2023 Rize Money acquisition.
Lead Bank sells itself as a partner bank built by founders for founders: modular infrastructure for companies building complex financial products. It has moved early into stablecoin products and payments for AI agents.
NatWest Boxed is a joint venture between NatWest and Vodeno letting consumer brands and retailers embed own-branded loans and savings into their customer experience. The financial products are underwritten by NatWest Bank; Vodeno provides the core-banking technology behind the JV.
Pathward renamed its Banking as a Service line Partner Solutions in 2024 to stress the partnership over the plumbing. It sells two decades of payments experience and a mature risk and compliance function to payment innovators.
Solaris sells itself as a fully licensed German bank that stays neutral and never competes with partners for end customers. In March 2026, under majority owner SBI, it announced a restructuring into an AI-native bank built on standardised, reusable modules.
The Bancorp calls itself the essential enabler of fintech. It has supplied the bank behind fintech programs since its first in 2003, built on debit and prepaid sponsorship and now extending into payments, lending and embedded finance.
Banking Circle is a Luxembourg-licensed bank that sells only to regulated financial institutions, not consumers. It pitches central-bank clearing access and APIs as the fix for an outdated payments back end, and now covers tokenised money alongside fiat.
ClearBank launched in 2017 as the first new UK clearing bank in over 250 years. It lets regulated firms launch branded accounts without becoming a bank, and promises no proposition overlap with its clients. It now also runs an EU entity supervised by DNB.
Column presents itself as a nationally chartered bank built for developers to build and fund financial products. Its argument is vertical integration: it runs its own hardware with direct connections to the Fed, TCH and Swift, so builders don't depend on middleware.
Every bank, trust company and credit union that analysed companies name in their stack. The role column is how those companies most often use it. Banks marked PROFILE also have their own pitch on file. The API column marks banks with a public developer portal or API products on Open Banking Tracker.
| Bank | Type | Most common role | API | Buyers |
|---|---|---|---|---|
| Evolve Bank & Trust | Sponsor bank | Sponsor bank | — | 109 |
| Cross RiverPROFILE | Sponsor bank | Sponsor bank | — | 73 |
| Sutton Bank | Sponsor bank | Sponsor bank | Open API | 71 |
| PathwardPROFILE | Sponsor bank | Banking-as-a-Service | — | 58 |
| Celtic Bank | Sponsor bank | Sponsor bank | — | 44 |
| Community Federal Savings Bank | Sponsor bank | Sponsor bank | — | 42 |
| ClearBankPROFILE | Infrastructure bank | Banking-as-a-Service | — | 41 |
| Thread Bank | Bank | Banking-as-a-Service | — | 41 |
| The Bancorp BankPROFILE | Sponsor bank | Banking-as-a-Service | — | 34 |
| Blue Ridge Bank | Bank | Banking-as-a-Service | — | 30 |
| WebBank | Sponsor bank | Sponsor bank | — | 30 |
| Wells Fargo Bank | Sponsor bank | Sponsor bank | — | 30 |
| GBank | Bank | Banking-as-a-Service | — | 28 |
| Fifth Third BankPROFILE | Sponsor bank | Sponsor bank | — | 27 |
| Lead BankPROFILE | Sponsor bank | Sponsor bank | — | 27 |
| Coastal Community BankPROFILE | Sponsor bank | Banking-as-a-Service | — | 23 |
| ColumnPROFILE | Infrastructure bank | Sponsor bank | Open API | 22 |
| JPMorganPROFILE | Transaction bank | FX & payouts | Open API | 20 |
| SolarisbankPROFILE | Sponsor bank | Banking-as-a-Service | Open API | 18 |
| Patriot Bank | Sponsor bank | Sponsor bank | — | 17 |
| Banking CirclePROFILE | Infrastructure bank | FX & payouts | — | 15 |
| Citizens BankPROFILE | Transaction bank | Sponsor bank | — | 15 |
| Piermont Bank | Sponsor bank | Sponsor bank | Open API | 15 |
| Synovus Bank | Sponsor bank | Sponsor bank | — | 15 |
| Metropolitan Commercial Bank | Sponsor bank | Sponsor bank | — | 14 |
| Bangor Savings Bank | Bank | Banking-as-a-Service | — | 13 |
| MVB Bank | Bank | Banking-as-a-Service | — | 13 |
| Sunrise Banks | Sponsor bank | Sponsor bank | — | 13 |
| FinWise Bank | Sponsor bank | Sponsor bank | — | 12 |
| Grasshopper Bank | Bank | Banking-as-a-Service | — | 12 |
| Stride Bank | Sponsor bank | Sponsor bank | — | 12 |
| First Electronic Bank | Sponsor bank | Sponsor bank | — | 11 |
| nbkc bank | Bank | Banking-as-a-Service | — | 11 |
| Regent Bank | Sponsor bank | Sponsor bank | — | 11 |
| Capital Community Bank | Sponsor bank | Sponsor bank | — | 10 |
| Deutsche Bank | Bank | FX & payouts | — | 9 |
| JPMorgan Chase BankPROFILE | Transaction bank | Banking-as-a-Service | — | 9 |
| U.S. Bank | Bank | Banking-as-a-Service | Open API | 9 |
| Republic Bank & Trust Company | Trust company | Sponsor bank | — | 8 |
| Wema Bank | Bank | Banking-as-a-Service | — | 8 |
| Goldman Sachs Bank USA | Bank | Banking-as-a-Service | — | 7 |
| Green Dot Bank | Bank | Banking-as-a-Service | — | 7 |
| Lewis & Clark Bank | Bank | Banking-as-a-Service | — | 7 |
| Aion Bank | Bank | Banking-as-a-Service | — | 6 |
| BMO Bank | Bank | Banking-as-a-Service | — | 6 |
| HSBC | Bank | Banking-as-a-Service | Open API | 6 |
| Lincoln Savings Bank | Sponsor bank | Sponsor bank | — | 6 |
| Lineage Bank | Sponsor bank | Sponsor bank | — | 6 |
| PNC Bank | Bank | Banking-as-a-Service | — | 6 |
| Third National | Sponsor bank | Sponsor bank | — | 6 |
| Webster Bank | Bank | Banking-as-a-Service | — | 6 |
| Yes Bank | Sponsor bank | Sponsor bank | — | 6 |
| Banco Bradesco | Bank | Banking-as-a-Service | — | 5 |
| CitiPROFILE | Transaction bank | FX & payouts | Open API | 5 |
| Continental Bank | Bank | Banking-as-a-Service | — | 5 |
| Customers Bank | Bank | Banking-as-a-Service | — | 5 |
| First National Bank of Omaha | Bank | Banking-as-a-Service | — | 5 |
| Hatch Bank | Sponsor bank | Sponsor bank | — | 5 |
| ICICI Bank | Bank | Banking-as-a-Service | Open API | 5 |
| Merrick Bank | Bank | Banking-as-a-Service | — | 5 |
| NatWest BoxedPROFILE | Sponsor bank | Banking-as-a-Service | — | 5 |
| Providus Bank | Bank | Banking-as-a-Service | — | 5 |
| RBL Bank | Bank | Card issuer | Open API | 5 |
| The Bank of Missouri | Sponsor bank | Sponsor bank | — | 5 |
| TransPecos Banks, SSB | Bank | Banking-as-a-Service | — | 5 |
| American Express National Bank | Bank | Banking-as-a-Service | — | 4 |
| Axiom Bank | Sponsor bank | Sponsor bank | — | 4 |
| Axis Bank | Bank | Payments & acquiring | — | 4 |
| Banco BTG Pactual | Bank | Banking-as-a-Service | — | 4 |
| Banco Cooperativo Sicoob | Bank | Banking-as-a-Service | — | 4 |
| Barclays | Bank | Payments & acquiring | — | 4 |
| BNP Paribas | Sponsor bank | Sponsor bank | — | 4 |
| Central Bank of Kansas City | Bank | Banking-as-a-Service | — | 4 |
| Chase Paymentech | Bank | Payments & acquiring | — | 4 |
| Chesapeake Bank | Sponsor bank | Sponsor bank | — | 4 |
| Choice Financial | Sponsor bank | Sponsor bank | — | 4 |
| CitibankPROFILE | Transaction bank | FX & payouts | — | 4 |
| DBS Bank | Bank | Banking-as-a-Service | — | 4 |
| Esquire Bank | Sponsor bank | Sponsor bank | — | 4 |
| Federal Bank | Bank | Banking-as-a-Service | — | 4 |
| First Century Bank | Bank | Banking-as-a-Service | — | 4 |
| HSBC Bank USA | Bank | Banking-as-a-Service | — | 4 |
| National Westminster Bank | Bank | Banking-as-a-Service | — | 4 |
| Nordiska Bank | Sponsor bank | Sponsor bank | — | 4 |
| Pacific West Bank | Bank | Banking-as-a-Service | — | 4 |
| Peoples Trust Company | Trust company | Sponsor bank | — | 4 |
| TransPecos Banks | Bank | Banking-as-a-Service | — | 4 |
| VFD Microfinance Bank | Bank | Banking-as-a-Service | — | 4 |
| Access Bank | Bank | Banking-as-a-Service | — | 3 |
| Advanzia Bank | Bank | Banking-as-a-Service | — | 3 |
| Alisa Bank | Bank | Lending partner | — | 3 |
| Ally Bank | Bank | Banking-as-a-Service | — | 3 |
| Banco Cooperativo Sicredi | Bank | Banking-as-a-Service | — | 3 |
| Banco do Brasil | Bank | Lending partner | — | 3 |
| Banco SantanderPROFILE | Transaction bank | Banking-as-a-Service | — | 3 |
| Bank of America | Bank | Lending partner | Open API | 3 |
| Citi Investment Capital | Bank | Wealth & retirement | — | 3 |
| Column BankPROFILE | Infrastructure bank | FX & payouts | — | 3 |
| Comenity Capital Bank | Bank | Banking-as-a-Service | — | 3 |
| Emprise Bank | Sponsor bank | Sponsor bank | — | 3 |
| First Internet Bank of Indiana | Sponsor bank | Sponsor bank | — | 3 |
| FirstBank | Sponsor bank | Sponsor bank | — | 3 |
| Five Star Bank | Sponsor bank | Sponsor bank | — | 3 |
| Goldman Sachs Transaction BankingPROFILE | Transaction bank | FX & payouts | — | 3 |
| Institución de Banca Múltiple | Bank | Banking-as-a-Service | — | 3 |
| Kotak Mahindra Bank | Bank | Banking-as-a-Service | — | 3 |
| MoMo Payment Service Bank | Bank | Banking-as-a-Service | — | 3 |
| Regions Bank | Bank | Banking-as-a-Service | — | 3 |
| Royal Bank of Canada | Bank | Banking-as-a-Service | — | 3 |
| SouthState Bank | Bank | Banking-as-a-Service | — | 3 |
| Stearns Bank | Bank | Banking-as-a-Service | — | 3 |
| Synchrony Bank | Bank | Card issuer | — | 3 |
| USAlliance Federal Credit Union | Credit union | Banking-as-a-Service | — | 3 |
| ABN AMRO BankPROFILE | Transaction bank | Sponsor bank | — | 2 |
| Abu Dhabi Islamic Bank PJSC | Bank | Banking-as-a-Service | — | 2 |
| Allica Bank | Bank | Banking-as-a-Service | — | 2 |
| AMINA Bank | Bank | Banking-as-a-Service | — | 2 |
| Austin Capital Bank SSB | Bank | Lending partner | — | 2 |
| B2 Bank | Bank | Banking-as-a-Service | — | 2 |
| Banca Sella S.p.A | Bank | Banking-as-a-Service | — | 2 |
| Banco B3 | Bank | Banking-as-a-Service | — | 2 |
| Banco Citibank | Bank | Banking-as-a-Service | — | 2 |
| Banco de Crédito del Perú | Bank | Banking-as-a-Service | — | 2 |
| Banco Inter | Bank | Banking-as-a-Service | — | 2 |
| Banco Original | Bank | Lending partner | — | 2 |
| Banco Topázio | Bank | Banking-as-a-Service | — | 2 |
| Banco Votorantim | Bank | Banking-as-a-Service | — | 2 |
| Bank Alfalah | Bank | Lending partner | — | 2 |
| Bank Jago | Bank | Banking-as-a-Service | — | 2 |
| Bank of Africa | Bank | FX & payouts | — | 2 |
| Bank of Lake Mills | Sponsor bank | Sponsor bank | — | 2 |
| Bank of Montreal | Bank | Banking-as-a-Service | — | 2 |
| Bankinter Consumer Finance | Bank | Card issuer | — | 2 |
| BankProv | Bank | Banking-as-a-Service | Open API | 2 |
| Banque FIDUCIAL | Bank | Banking-as-a-Service | — | 2 |
| Barclays Bank Delaware | Bank | Banking-as-a-Service | — | 2 |
| BMO Harris Bank | Sponsor bank | Sponsor bank | — | 2 |
| Carbon Microfinance Bank | Bank | Banking-as-a-Service | — | 2 |
| CBW Bank | Sponsor bank | Sponsor bank | — | 2 |
| Columbia Bank | Sponsor bank | Sponsor bank | — | 2 |
| Commerce Bank | Bank | Banking-as-a-Service | — | 2 |
| Commercial Bank International | Sponsor bank | Sponsor bank | — | 2 |
| Core Bank | Sponsor bank | Sponsor bank | — | 2 |
| DR Bank | Bank | Banking-as-a-Service | — | 2 |
| East West Bank | Bank | Banking-as-a-Service | — | 2 |
| Emigrant Bank | Sponsor bank | Sponsor bank | — | 2 |
| Equitable Bank | Bank | Banking-as-a-Service | — | 2 |
| Equity Trust Company | Trust company | Wealth & retirement | — | 2 |
| FairMoney Microfinance Bank | Bank | Banking-as-a-Service | — | 2 |
| FFB Bank | Sponsor bank | Sponsor bank | — | 2 |
| First Citizens Bank & Trust Company | Trust company | Banking-as-a-Service | — | 2 |
| First Fidelity Bank | Bank | Banking-as-a-Service | — | 2 |
| First Horizon Bank | Sponsor bank | Sponsor bank | — | 2 |
| First Internet Bank | Bank | Banking-as-a-Service | — | 2 |
| FirstRand Bank | Bank | Banking-as-a-Service | — | 2 |
| Gemini Trust Company | Trust company | Crypto & stablecoins | — | 2 |
| Goldman SachsPROFILE | Transaction bank | Card issuer | — | 2 |
| GoTyme Bank | Bank | Banking-as-a-Service | — | 2 |
| HDFC Bank | Bank | Card issuer | — | 2 |
| HDFC Bank SmartGateway | Bank | Payments & acquiring | — | 2 |
| Hypothekarbank Lenzburg | Sponsor bank | Sponsor bank | — | 2 |
| I3 Bank | Bank | Banking-as-a-Service | — | 2 |
| ICICI Bank Payment Gateway | Bank | Payments & acquiring | — | 2 |
| IDBI Bank | Bank | Banking-as-a-Service | — | 2 |
| Itaú Private Bank | Bank | Wealth & retirement | — | 2 |
| JPMorgan PaymentsPROFILE | Transaction bank | Payments & acquiring | — | 2 |
| KCB Bank Kenya | Bank | Banking-as-a-Service | — | 2 |
| KeyBank | Bank | Banking-as-a-Service | — | 2 |
| LHV Bank | Bank | Banking-as-a-Service | — | 2 |
| Lloyds Bank | Bank | Banking-as-a-Service | Open API | 2 |
| Lunar Bank A/S | Bank | Banking-as-a-Service | — | 2 |
| Maya Bank | Bank | Banking-as-a-Service | — | 2 |
| Midland States Bank | Sponsor bank | Sponsor bank | — | 2 |
| Morgan Stanley Private Bank | Bank | Banking-as-a-Service | — | 2 |
| Nordea Bank Abp | Bank | Banking-as-a-Service | — | 2 |
| OMB Bank | Sponsor bank | Sponsor bank | — | 2 |
| OPay Microfinance Bank | Bank | Banking-as-a-Service | — | 2 |
| Paxos Trust Company | Trust company | Banking-as-a-Service | — | 2 |
| Piraeus Bank | Bank | Payments & acquiring | — | 2 |
| Polaris Bank | Bank | Banking-as-a-Service | — | 2 |
| Raisin Bank | Bank | Banking-as-a-Service | — | 2 |
| Republic Bank of Chicago | Bank | Banking-as-a-Service | — | 2 |
| RHB Bank | Bank | Payments & acquiring | — | 2 |
| ruya Community Islamic Bank | Bank | Banking-as-a-Service | — | 2 |
| Santander Bank | Bank | Banking-as-a-Service | — | 2 |
| SBM Bank India | Bank | Banking-as-a-Service | — | 2 |
| Silicon Valley Bank | Bank | Banking-as-a-Service | — | 2 |
| Singapore Gulf Bank | Bank | FX & payouts | — | 2 |
| Smartcash Payment Service Bank | Bank | Banking-as-a-Service | — | 2 |
| Sparkle Microfinance Bank | Bank | Banking-as-a-Service | — | 2 |
| Standard Bank | Bank | Banking-as-a-Service | — | 2 |
| Swedbank | Sponsor bank | Sponsor bank | Open API | 2 |
| TAB Bank | Bank | Banking-as-a-Service | — | 2 |
| Tandem Bank | Bank | Banking-as-a-Service | — | 2 |
| Texas Capital Bank | Bank | Banking-as-a-Service | — | 2 |
| U.S. Bank Avvance | Bank | Lending partner | — | 2 |
| U.S. Bank Payroll | Bank | Payroll | — | 2 |
| U.S. Bank Spend Management | Bank | Spend & AP | — | 2 |
| United Bank for Africa | Bank | Banking-as-a-Service | — | 2 |
| United Overseas Bank | Bank | Banking-as-a-Service | — | 2 |
| Varo Bank | Bank | Banking-as-a-Service | — | 2 |
| Veritex Community Bank | Bank | Banking-as-a-Service | — | 2 |
| Wells Fargo Merchant Services | Bank | Payments & acquiring | — | 2 |
| Western Alliance Bank | Sponsor bank | Sponsor bank | — | 2 |
| WEX Bank | Bank | Banking-as-a-Service | — | 2 |
| Wio Bank PJSC | Bank | Banking-as-a-Service | — | 2 |
| Woodforest National Bank | Bank | Banking-as-a-Service | — | 2 |
| Zand Bank | Bank | Banking-as-a-Service | — | 2 |
| Zenith Bank | Bank | Lending partner | — | 2 |
| Axos Bank | Bank | Banking-as-a-Service | — | 1 |
| BBVAPROFILE | Transaction bank | Lending partner | Open API | 1 |
| bunqPROFILE | Sponsor bank | Banking-as-a-Service | Open API | 1 |
| Danske Bank | Sponsor bank | Sponsor bank | Open API | 1 |
| Live Oak Bank | Sponsor bank | Sponsor bank | — | 1 |
| MidFirst Bank | Bank | Banking-as-a-Service | — | 1 |
| National Australia Bank | Bank | Banking-as-a-Service | — | 1 |
| SantanderPROFILE | Transaction bank | Lending partner | Open API | 1 |
| Starion Bank | Sponsor bank | Sponsor bank | — | 1 |
| Wells Fargo | Bank | Payments & acquiring | Open API | 1 |