“Can a Stripe-pedigree fintech become the financial operating system for construction contractors by embedding payments, cards, and accounting into a single workflow platform?”
Founded in October 2022 by former Stripe engineer Adam Eagle, Beam set out to modernize payments and cash flow for construction contractors — a segment notorious for slow invoicing, delayed subcontractor payments, and paper-based workflows. The platform combined Stripe-powered payment acceptance with embedded corporate card issuing (CapitalOS), identity verification (Footprint), and construction-specific accounting integrations (Agave). Evolve Bank & Trust and First Internet Bank of India appear as banking infrastructure partners. Beam was acquired/merged by 2024 and now operates as an operating subsidiary.
Beam discloses Evolve Bank & Trust as its banking provider, according to the Embedded Finance Index 2026.
Beam does not disclose a bank charter of its own; its banking services are provided through Evolve Bank & Trust.
Beam processes payments through Stripe.
Beam's cards are issued through CapitalOS.
Beam integrates with Procore, Sage, Viewpoint and QuickBooks.
The Embedded Finance Index 2026 maps 7 layers in Beam's stack: Payments / PSP (Stripe); Banking / BaaS (Evolve Bank & Trust); Card issuing (CapitalOS); Unified APIs (Agave); Sponsor bank (Evolve Bank & Trust); Accounting (Procore, Sage, Viewpoint and QuickBooks); Spend / AP (CapitalOS).
Beam was founded by Adam Eagle and is founded in 2022, headquartered in San Francisco, CA, USA.
Beam has raised $4M+ in total (latest round: Seed, 2023).
Get a read on where your own stack stands against Beam and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.