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← Embedded Finance Index 2026

Noda

“Can an open banking payment initiation provider build a sustainable multi-market payments infrastructure business before regulatory and competitive headwinds force consolidation?”

HQUnited Kingdom
IndustryInfrastructure / Open banking
The story

Noda (trading through NaudaPay Limited) operated as an open banking payments infrastructure provider, offering payment initiation and account information services under FCA authorisation. In 2024, NaudaPay Limited entered an orderly wind-down of its UK operations and formally separated from the Noda brand, ceasing new customer onboarding and payment transactions. The Noda brand appears to continue operations outside the UK entity. BVNK has listed Noda as a customer, suggesting Noda utilised stablecoin/crypto settlement infrastructure as part of its payment rails.

Last 12 months
2024-08
2024-06
Product timeline
2024
NaudaPay Limited announced an orderly wind-down of its UK operations; ceased onboarding new customers and facilitating new payment transactions.· pivot
2024
NaudaPay Limited announced it will be separated from the Noda brand as part of the wind-down process.· pivot
Regulated entities
1
regulatory licence held by Noda
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
The stack
1 layer disclosed in Noda’s embedded-finance stack
Crypto
BVNK
Accounting gap: none

Noda — frequently asked

Which crypto provider does Noda use?

Noda's crypto products run on BVNK.

Where is Noda headquartered?

Noda is headquartered in United Kingdom.

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