← State of Embedded Finance 2026

Bridge

Can stablecoin rails replace traditional correspondent banking and card networks as the default infrastructure for global money movement?

Founded2022
HQSan Antonio, TX, United States
Total raisedundisclosed (pre-acquisition VC-backed)
Latest roundAcquired by Stripe for $1.1B
Valuation$1.1B acquisition (2024/2025)
IndustryInfrastructure / Payments
The story

Founded in 2022, Bridge was built from the ground up as stablecoin infrastructure — not a pivot from a traditional fintech but a greenfield bet on programmable money rails. Acquired by Stripe in 2024 for ~$1.1B, Bridge became Stripe's primary stablecoin layer, integrating deeply with Stripe Issuing for stablecoin-backed card programs. In 2026, Bridge received conditional OCC approval for a national trust bank charter, signaling a move from pure API infrastructure toward becoming a regulated custodian of digital dollar reserves.

Last 12 months
2026-02
2026-02
Product timeline
2022
Bridge founded as a stablecoin infrastructure and API platform for global money movement.· pivot
2024
Acquired by Stripe for approximately $1.1B, becoming a Stripe company and accelerating stablecoin infrastructure buildout.· acquisition
2025
Launched Orchestration, Issuance, Cards, and Wallets products as an end-to-end stablecoin platform; integrated stablecoin-backed cards with Stripe Issuing.· card
2026
Received conditional OCC approval for a national trust bank charter enabling digital asset custody, stablecoin issuance, and reserve management under federal oversight.· banking
2026
Payoneer announced plans to launch stablecoin capabilities powered by Bridge, enabling global businesses to receive, hold, and send stablecoins.· banking
Regulated entities
National Trust Bank Charter (conditional)
US (OCC) · 2026
Bridge (national trust bank applicant)
The stack
Payments / PSP
Bridge Orchestration API (self-operated)Stripe Issuing (card program integration)
Card issuing
Stripe Issuing
FX & payouts
Bridge Orchestration API (self-operated)
Crypto
Bridge Issuance (self-operated)Bridge Orchestration (self-operated)Fireblocks
Accounting gap: none