← State of Embedded Finance · Category
◆ BaaS

Banking-as-a-Service

Providers that issue accounts, balances, and clearing services to non-bank fintechs. Self-operated banks (Square Financial Services, LendingClub Bank, Amazon Payments) are excluded — they're not a vendor relationship.

252
Unique providers
677
Buyer disclosures
3327
Companies analyzed
Full ranking

Every baas provider in the dataset

1
40 · 1%
2
29 · 1%
3
23 · 1%
4
21 · 1%
5
19 · 1%
6
16 · 0%
7
16 · 0%
8
16 · 0%
9
14 · 0%
10
13 · 0%
11
13 · 0%
12
12 · 0%
13
12 · 0%
14
10 · 0%
15
10 · 0%
16
9 · 0%
17
9 · 0%
+ 242 more baas providers
The full banking-as-a-service ranking is in the report
Every provider in the dataset, every buyer per provider, quarterly refreshes — delivered to your inbox.
Regional breakdown

Banking-as-a-Service leaders by region

US
1307 companies
1Synctera
14
2Fiserv
11
3Unit
11
4Cross River
8
5Pathward
6
EU
815 companies
1Mangopay
18
2Swan
18
3Treezor
12
4Qonto Embed
9
5Solarisbank
9
UK
624 companies
1ClearBank
28
2Modulr
15
3Griffin
7
4Railsr
5
5Openpayd
5
Other
493 companies
1ClearBank
4
2Backbase
3
3Cross River
3
4Temenos
3
5Galileo
2
APAC
461 companies
1Airwallex
4
2Mambu
3
3Nium
3
4Federal Bank
3
5Yes Bank
3
MENA
165 companies
1Mambu
6
2Paynetics
2
3ruya Community Islamic Bank
1
4ClearBank
1
5Commercial Bank International
1
LATAM
136 companies
1S.A. de C.V
3
2i2c
2
3Mambu
2
4Paynetics
2
5TENPO PAYMENTS
1
Canada
121 companies
1Stripe Treasury
3
2Mambu
2
3Paynetics
2
4Peoples Trust
1
5Temenos
1
Africa
52 companies
1SBS
2
2Paynetics
2
3NymCard
1
4Mambu
1
5Backbase
1
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