Capital
“Can a card-first SMB lending platform scale across Europe by embedding working capital directly into a business credit card product?”
HQLondon, UK
IndustryFintech / SMB banking
The story
Capital on Tap is a UK-based SMB fintech offering business credit cards and working capital to small businesses. The company expanded geographically into Spain, as evidenced by Marqeta powering its Spanish expansion, suggesting a card-issuing infrastructure play at the heart of its growth strategy.
Same company
Capital was analysed under more than one name on the same domain, so its stack is split across these dossiers. Each was analysed independently and may name providers the others do not.
The stack
3 layers disclosed in Capital’s embedded-finance stack
Banking / BaaS
Card issuing
in the full report
Lending
in the full report
Accounting gap: none
3 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.