“Can a cardless revolving-credit product at e-commerce checkout drive higher repeat-purchase rates than BNPL, using Cross River Bank's lending infrastructure as the compliance backbone?”
FuturePay launched in mid-2022 as an e-commerce financing company offering MyTab™, a cardless digital revolving line of credit ($1,000–$5,000) embedded at merchant checkout. Unlike BNPL point-in-time installment loans, MyTab is designed for repeat use — consumers apply once and reuse the credit line indefinitely, with merchants receiving full payment within two business days. The company partnered with Cross River Bank to handle compliance, underwriting, and account management while FuturePay operates the front-end merchant integration layer. There is also a separate entity, Futurepay Global Limited, with Hong Kong MSO and US FinCEN MSB licenses, indicating a cross-border payments arm serving international markets.
Futurepay discloses Cross River Bank as its banking provider, with Cross River Bank, N.A. as its sponsor bank, according to the Embedded Finance Index 2026.
Futurepay does not disclose a bank charter of its own; its banking services are provided through Cross River Bank, N.A..
Futurepay's lending and capital products are provided by Cross River.
The Embedded Finance Index 2026 maps 3 layers in Futurepay's stack: Banking / BaaS (Cross River Bank); Lending (Cross River and MyTab™ Digital Revolving Credit); Sponsor bank (Cross River Bank, N.A.).
Futurepay is founded in 2022 and headquartered in South Jordan, UT, USA.
Get a read on where your own stack stands against Futurepay 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.