“Can a procurement workflow tool become the financial OS for mid-market AP and spend by owning the payment, card, and financing layers on top of the buying experience?”
Founded as Negotiatus in 2016 as a B2B procurement workflow tool, the company rebranded to Order.co in 2022 to reposition as a guided B2B marketplace combining procurement, AP, and spend management. The embedded finance layer — virtual cards through Lithic + Patriot Bank, ACH/card processing through Stripe, bank linking via Plaid, plus working-capital financing — was layered on top of the procurement workflow to monetize transaction flow alongside SaaS subscription.
Order discloses Patriot Bank, N.A. as its sponsor bank, according to the Embedded Finance Index 2026.
Order does not disclose a bank charter of its own; its banking services are provided through Patriot Bank, N.A..
Order processes payments through Stripe Connect.
Order's cards are issued through Lithic.
Order connects to bank accounts through Plaid.
Order integrates with QuickBooks Online, NetSuite and Sage Intacct.
The Embedded Finance Index 2026 maps 6 layers in Order's stack: Payments / PSP (Stripe Connect); Card issuing (Lithic); Lending (Order.co Working Capital and Net Terms as a Service); Open banking (Plaid); Sponsor bank (Patriot Bank, N.A.); Accounting (QuickBooks Online, NetSuite and Sage Intacct).
Order is founded in 2016 and headquartered in New York, NY, USA.
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