← Embedded Finance Index 2026

Crezco

“Can open-banking payment rails displace card-based and manual bank-transfer workflows inside accounting and ERP platforms at the infrastructure layer?”

Founded2020
HQLondon, England, United Kingdom
FoundersRalph Rogge
Total raised$16.1M
Latest roundSeries A, 2023
IndustryInfrastructure / Open banking
The story

Founded in 2020 by Ralph Rogge (formerly of YouLend), Crezco began as an open-banking payment link product for SMB invoice collection inside accounting platforms like Xero and Sage. It evolved into an embedded payables API — a 'payments infrastructure for platforms' — covering bill payments, payroll, and expenses on Faster Payments (UK) and SEPA (EU) rails, with international FX layered on. Its core positioning shifted from a direct-to-SMB tool to a B2B infrastructure layer sold to accounting software vendors and vertical SaaS platforms under a white-label API model.

Last 12 months
2026-03
Product timeline
2020
Crezco founded in London by Ralph Rogge to simplify open-banking-based invoice payments for SMBs.· pivot
2022
Launched integrations with Xero and Sage to embed open-banking payment links directly into invoices.· banking
2023
Raised $12M Series A and launched the Crezco Partner Platform API for accounting and commerce software vendors.· banking
2023
Expanded to international payments supporting 37 currencies across 180 countries via Currencycloud.· banking
2026
Announced partnership with iplicit to bring embedded payables to UK mid-market finance teams via the Crezco API.· banking
Regulated entities
1
regulatory licence held by Crezco
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
6 layers disclosed in Crezco’s embedded-finance stack
Payments / PSP
Crezco (self-operated)
Money movement
in the full report
Banking / BaaS
in the full report
Open banking
in the full report
FX & payouts
in the full report
Accounting
in the full report
Accounting gap: none
7 more providers across 5 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.