← State of Embedded Finance 2026

Oracle Fusion Cloud

“Can Oracle Fusion Cloud become the all-in-one enterprise operating system by embedding payments, banking, lending, payroll, and tax compliance directly into its ERP, HCM, and CRM suites?”

Founded1977
HQAustin, Texas, USA
FoundersLarry Ellison, Bob Miner, Ed Oates
Latest roundPost-IPO Debt (Public company, NYSE: ORCL)
IndustryHorizontal SaaS / Accounting
The story

Oracle began as a relational database company and evolved into a full enterprise software suite vendor. The Fusion Cloud suite—spanning ERP, HCM, CRM, and Supply Chain—represents Oracle's cloud-native transformation from on-premise licensed software to SaaS. Over 2024–2025, Oracle has aggressively expanded embedded finance within Fusion Cloud ERP: adding Adyen-powered point-of-sale payments, Brex virtual cards in payables, Avalara and Sovos for tax automation, and J.P. Morgan supply chain finance—positioning Oracle Fusion Cloud not just as an ERP but as an embedded finance platform for large enterprises.

Last 12 months
2025-10
2025-10
2025-02
2024-07
Product timeline
1977
Oracle Corporation founded as a relational database company.· pivot
2012
Oracle Fusion Applications (predecessor to Oracle Fusion Cloud) launched as a next-generation cloud ERP suite combining HR, Finance, and CRM.· banking
2017
Oracle acquires Moat, an advertising measurement platform, for approximately $850 million.· acquisition
2024
Oracle Fusion Cloud ERP expands embedded banking capabilities with direct bank connectivity for enterprise customers.· banking
2025
Oracle Payments powered by Adyen surpasses 2,550 enterprise organizations and 16,200 venues for embedded payments across hospitality, restaurant, healthcare, and sports & entertainment.· banking
2025
Brex announced as the first fintech issuer embedded within Oracle Fusion Cloud ERP for B2B virtual card payments in payables workflows.· card
2025
Oracle Fusion Cloud ERP adds Integrated Supply Chain Finance with J.P. Morgan for working capital optimization.· lending
The stack
Payments / PSP
AdyenOracle Payments (self-operated)
Lending
J.P. MorganIntegrated Supply Chain Finance with J.P. Morgan (buyer-side working capital / early supplier payment)Oracle Banking Origination – Buy Now Pay Later (for financial institutions)Oracle Banking Supply Chain Finance (supplier centric and buyer centric financing for banks)
Payroll
Oracle Payroll (self-operated)
Insurance
Oracle (self-operated platform)
Accounting
QuickBooksXeroNetSuiteSage
Accounting gap: none