← Embedded Finance Index 2026

Finastra

Can a broad-portfolio financial software vendor become the open platform layer that banks use to modernize payments, lending, and embedded finance infrastructure?

Founded2017
HQPaddington, London, United Kingdom
Latest roundDebt Financing
IndustryInfrastructure / Payments
The story

Finastra was formed in 2017 through the merger of Misys (a UK financial software veteran) and D+H (a Canadian payments and lending technology firm), backed by Vista Equity Partners. The combined entity positioned itself as the broadest-portfolio financial services software provider, serving retail banks, corporate banks, capital markets firms, and credit unions globally. In recent years, Finastra has pivoted toward open-platform and embedded finance models, launching FusionFabric.cloud as an open marketplace and introducing embedded consumer lending and Payments as a Service offerings targeting financial institutions seeking cloud-native modernization.

Last 12 months
2025-03
Product timeline
2017
Finastra formed through merger of Misys and D+H, backed by Vista Equity Partners, creating one of the world's largest fintech companies.· pivot
2018
Launched FusionFabric.cloud, an open developer platform enabling third-party apps to integrate with Finastra's banking software.· banking
2022
Launched Embedded Consumer Lending solution enabling financial institutions to offer lending at point-of-sale via BaaS APIs.· lending
2025
Announced strategic partnership with i2c Inc. to offer debit card issuance and digital wallet solutions to North American banks and credit unions.· card
The stack
7 layers disclosed in Finastra’s embedded-finance stack
Payments / PSP
Finastra Payments To Go (self-operated)Finastra Global PAYplus (self-operated)Finastra Payments as a Service (self-operated)Finastra Bacsactive-IP (self-operated)
Card issuing
in the full report
Lending
in the full report
Open banking
in the full report
KYC
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: none
9 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.