“Can open-banking payment rails displace card-based and manual bank-transfer workflows inside accounting and ERP platforms at the infrastructure layer?”
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.
Crezco discloses ClearBank as its banking provider, according to the Embedded Finance Index 2026.
Crezco does not disclose a bank charter of its own; its banking services are provided through ClearBank.
Crezco processes payments through Crezco (self-operated). Disclosed money-movement rails: SEPA and Faster Payments.
Crezco connects to bank accounts through Yapily.
Crezco uses Currencycloud for FX and cross-border payouts.
Crezco integrates with Xero, Sage and QuickBooks.
The Embedded Finance Index 2026 maps 6 layers in Crezco's stack: Payments / PSP (Crezco (self-operated)); Money movement (SEPA and Faster Payments); Banking / BaaS (ClearBank); Open banking (Yapily); FX & payouts (Currencycloud); Accounting (Xero, Sage and QuickBooks).
Crezco was founded by Ralph Rogge and is founded in 2020, headquartered in London, England, United Kingdom.
Crezco has raised $16.1M in total (latest round: Series A, 2023).
Get a read on where your own stack stands against Crezco and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.