← Embedded Finance Index · 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.

159
Unique providers
1715
Buyer disclosures
6705
Companies analyzed
Full ranking

Every baas provider in the dataset

2
63 · 1%
3
52 · 1%
4
48 · 1%
5
37 · 1%
7
30 · 0%
9
27 · 0%
11
26 · 0%
13
25 · 0%
14
25 · 0%
15
23 · 0%
16
21 · 0%
17
19 · 0%
+ 149 more baas providers
The full banking-as-a-service ranking is in the report
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Regional breakdown

Banking-as-a-Service leaders by region

US
2950 companies
1Sutton Bank
50
2Evolve Bank & Trust
49
3Pathward
43
4Cross River
41
5Thread Bank
27
EU
1270 companies
1Swan
24
2Mangopay
17
3Stripe
17
4Pliant
15
5Treezor
12
UK
829 companies
1ClearBank
24
2Stripe
17
3Modulr
15
4Griffin
14
5Railsr
11
APAC
701 companies
1Backbase
27
2Stripe
16
3Nium
14
4Griffin
7
5Airwallex
5
LATAM
614 companies
1Griffin
7
2BankiFi
4
3Dock
3
4Davivienda
2
5Banco Cooperativo Sicoob
2
Africa
490 companies
1Backbase
27
2Griffin
7
3Wema Bank
4
4Providus Bank
4
5BankiFi
4
Other
490 companies
1Backbase
27
2Stripe
17
3Evolve Bank & Trust
10
4Griffin
7
5Cross River
6
MENA
281 companies
1Griffin
7
2Mambu
4
3BankiFi
4
4Hala Payments Company
2
5Unit
2
Canada
240 companies
1Griffin
7
2Stripe Treasury
5
3BankiFi
4
4Peoples Trust Company
3
5Mambu
2
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