← State of Embedded Finance 2026

Capco

Can a pure-play financial services consultancy owned by a global IT major become the go-to transformation partner for banks, insurers, and payment providers navigating digital disruption?

Founded1998
HQLondon, United Kingdom
Total raised$80.0M
IndustryVertical SaaS / Financial Services Consulting
The story

Capco was founded in 1998 as a management and technology consultancy focused exclusively on financial services and energy. Acquired by Wipro, it operates as a Wipro company advising over 100 global financial institutions on digital transformation, spanning banking, payments, capital markets, wealth, insurance, and energy. Rather than building embedded finance products itself, Capco serves as an implementation and strategy partner helping financial services firms adopt technologies such as open banking, embedded insurance, and payments modernisation. Its value proposition is advisory and delivery expertise, not proprietary fintech infrastructure.

Last 12 months
Product timeline
1998
Capco founded as a global management and technology consultancy dedicated to financial services and energy industries.· pivot
2022
Published thought leadership on embedded insurance, positioning Capco as an advisor on embedded finance trends in APAC and globally.· banking
The stack
Accounting gap: none