“Can a French licensed bank become the embedded card-issuing infrastructure for European B2B platforms?”
Founded 2016 in Paris as an online business bank targeting French entrepreneurs, SMEs, liberal professions and associations, operating under the license of Banque d'Escompte S.A. Migrated its card program to Marqeta (issuer-processor) and IDEMIA (physical card manufacturing) and became a Visa principal member, enabling virtual card issuance and modern card controls. Has since extended its infrastructure outward as a card-as-a-service offering for other B2B platforms.
manager.one discloses Banque d'Escompte S.A. (in-house) as its banking provider, according to the Embedded Finance Index 2026.
manager.one does not disclose a bank charter of its own; its banking services are provided through Banque d'Escompte S.A. (in-house).
manager.one processes payments through manager.one (self-operated). Disclosed money-movement rails: SEPA.
The Embedded Finance Index 2026 maps 6 layers in manager.one's stack: Payments / PSP (manager.one (self-operated)); Money movement (SEPA); Banking / BaaS (Banque d'Escompte S.A. (in-house)); Card issuing (Marqeta); Card network (Visa); Spend / AP (manager.one (self-operated)).
manager.one is founded in 2016 and headquartered in Paris, France.
manager.one has raised $5.4M in total.
Get a read on where your own stack stands against manager.one 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.