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.
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.