← State of Embedded Finance 2026

Endava

Can a specialist payments and embedded finance engineering firm become the primary delivery partner of record for the global payments industry's digital transformation?

Founded2000
HQLondon, United Kingdom
Latest roundPost-IPO Debt
IndustryInfrastructure / Payments
The story

Endava started as a nearshore/offshore software outsourcing firm but has progressively deepened its focus on payments and embedded finance engineering services, building domain expertise across acquiring, open banking, and digital commerce. Over 20+ years, it has pivoted from general IT services toward being a specialist technology services partner for financial institutions, payment companies, and fintechs — serving 90% of the largest payment companies and 70% of the largest acquirers. Its strategy is to embed itself in clients' payment transformation programmes through strategic alliances with major payment platforms (Stripe, Adyen, Checkout.com, Mastercard, Salt Edge), positioning Endava as the engineering backbone for embedded finance delivery.

Last 12 months
2026-05
2026-01
2023-11
2023-06
2023-01
Product timeline
2000
Founded as a software development and outsourcing company based in London.· pivot
2018
Endava listed on the NYSE under ticker DAVA, becoming one of the first Eastern European tech firms to IPO in the US.· ipo
2023
Expanded payments partner ecosystem with Checkout.com and joined Stripe's Partner Ecosystem as a key strategic partner.· banking
2023
Partnered with open banking provider Salt Edge to expand open banking capabilities for clients.· banking
2026
Announced collaboration with Mastercard to co-develop next-generation payments infrastructure and embedded digital commerce experiences.· banking
The stack
Payments / PSP
Checkout.comStripeAdyen
Open banking
Salt Edge
Accounting gap: none