← Embedded Finance Index 2026

EverBank

Can a nationally chartered specialty bank combine competitive yields, foreign currency products, and modern fintech payment partnerships to serve the full financial lifecycle of US businesses?

HQJacksonville, Florida, USA
IndustryBank / National
The story

EverBank operates as EverBank, N.A., a nationally chartered specialty bank headquartered in Jacksonville, Florida, serving personal, business, and commercial clients across the United States. Acquired by TIAA, it positions itself as a bank offering competitive yields, foreign currency accounts, and comprehensive treasury management for businesses. In late 2024, EverBank moved to expand its embedded payments capabilities by partnering with Celero Commerce, signaling a push to offer fintech-style payment processing to its business client base. Its participation as a warehouse lender in Parafin's facility reflects a strategy to deploy capital into embedded finance ecosystems.

Last 12 months
2024-12
2026-05
Product timeline
2024
Announced strategic payments relationship with Celero Commerce to expand payment processing for small business to commercial clients.· banking
2026
EverBank joined as an A-note lender in Parafin's expanded warehouse credit facility alongside Silicon Valley Bank and Trinity Capital.· lending
Regulated entities
1
regulatory licence held by EverBank
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
2 layers disclosed in EverBank’s embedded-finance stack
Payments / PSP
Celero Commerce
Lending
in the full report
Accounting gap: none
7 more providers across 1 layer, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.