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Crater

“Can an AI-native, white-label AR/AP + payments + GL stack become the default embedded-finance layer for B2B SaaS platforms and mid-market banks?”

IndustryInfrastructure / Payments
Websitecrater.financial ↗
The story

Crater positions itself as an embedded AR/AP, payments, lending and general-ledger infrastructure provider for B2B platforms, banks and credit unions. It layers AI (Financial Copilot) and a Universal Payments API over invoicing, ACH/card acceptance and working-capital tools, delivered as white-label SDKs and APIs.

Last 12 months
2026
2025-01
In the January 2025 recap →
Product timeline
2024
Unveiled AI-driven AR/AP automation, payments workflow automation and Universal Payments API at Money 20/20· pivot
2025
Achieved SOC 2 compliance (January 2025)· compliance
2026
Introduced Embedded General Ledger product· launch
The stack
8 layers disclosed in Crater’s embedded-finance stack
Payments / PSP
Stripe
Money movement
ACH
Ledger
Built in-house
Lending
Built in-house
Open banking
Plaid
Unified APIs
Rutter, Codat
Accounting
QuickBooks, Xero
Accounts Receivable
Built in-house
Payments / PSP
Hover or tap a floor for details.
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Accounting gap: none

Crater — frequently asked

Who is Crater's payment processor?

Crater processes payments through Stripe. Disclosed money-movement rails: ACH.

Who provides Crater's lending?

Crater's lending and capital products are provided by Crater Lending (in-house).

What ledger does Crater use?

Crater runs its ledger on Crater Embedded General Ledger (in-house).

Which open banking provider does Crater use?

Crater connects to bank accounts through Plaid.

Which accounting software does Crater integrate with?

Crater integrates with QuickBooks and Xero.

What is Crater's embedded finance stack?

The Embedded Finance Index 2026 maps 8 layers in Crater's stack: Payments / PSP (Stripe); Money movement (ACH); Ledger (Crater Embedded General Ledger (in-house)); Lending (Crater Lending (in-house), Advances on Accounts Receivable and Buy Now, Pay Later on Accounts Payable); Open banking (Plaid); Unified APIs (Rutter and Codat); Accounting (QuickBooks and Xero); Accounts Receivable (Crater Invoicing (in-house)).

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