“Can the workflow software behind US grain origination become the embedded bank for American farmers?”
Bushel started as a mobile app studio (Myriad Mobile) in Fargo, ND, then narrowed onto agriculture, becoming the workflow layer for grain buyers and ag retailers. It now powers >50% of US/Canadian grain origination and has expanded from portals/CRM into embedded finance — digital payments, a Bushel Wallet backed by The Bancorp Bank, and lending integrations with CFA and Agri-Access. The strategic bet is becoming the payments and financial layer of the grain economy.
Bushel discloses The Bancorp Bank, N.A. as its sponsor bank, according to the Embedded Finance Index 2026.
Bushel does not disclose a bank charter of its own; its banking services are provided through The Bancorp Bank, N.A..
Bushel processes payments through Bushel Wallet (self-operated).
Bushel's lending and capital products are provided by Cooperative Finance Association (CFA) and Agri-Access.
The Embedded Finance Index 2026 maps 4 layers in Bushel's stack: Payments / PSP (Bushel Wallet (self-operated)); Lending (Cooperative Finance Association (CFA), Agri-Access, CFA embedded lines of credit and repayment via Bushel Wallet and Agri-Access long-term capital integration (land, equipment, operating)); Sponsor bank (The Bancorp Bank, N.A.); Spend / AP (Airbase by Paylocity).
Bushel is founded in 2011 and headquartered in Fargo, ND, USA.
Bushel's acquisitions include FarmLogs (Bushel Farm) (2022).
Get a read on where your own stack stands against Bushel 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.