Juniper Payments
“Can a Fed-connected correspondent payments platform remain the default rails for community banks and credit unions as instant payments (FedNow/RTP) reshape the U.S. clearing landscape?”
Founded2000
HQWichita, Kansas, United States
Latest roundAcquired by Velera
IndustryInfrastructure / Payments
The story
Founded in 2000 by community bankers to provide online payment software tailored to community banks and credit unions. Pioneered the 'Correspondent Gateway' — a multi-tier platform connecting community banks, correspondent banks and the Federal Reserve. Now operates as a subsidiary of Velera, the credit union service organization (formerly PSCU/Co-op Solutions).
Last 12 months
Product timeline
2000
Founded by community bank entrepreneurs to build online payment software for community banks· pivot
2023
Launched support for the Federal Reserve's FedNow Service· banking
2024
Operating as 'Juniper Payments - A Velera Company' following acquisition by Velera (formerly PSCU/Co-op Solutions)· acquisition
The stack
3 layers disclosed in Juniper Payments’s embedded-finance stack
Payments / PSP
Juniper Correspondent Gateway (self-operated)JuniFunds (self-operated)
Money movement
in the full report
FX & payouts
in the full report
Accounting gap: none
3 more providers across 2 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.