← Embedded Finance Index 2026

Outpave

“Can a Stripe-powered expense card and AP tool win the underserved construction and trades SMB segment — and become a white-label rail for other vertical SaaS platforms?”

Founded2023
HQFrisco, Texas, United States
FoundersZach Ahlstedt, David Cauthron
Total raised$1.2M
Latest roundSeed, 2024
IndustryHorizontal SaaS / Spend Management
The story

Outpave is a very early-stage (2023, ~9-person) Texas fintech targeting SMB trade businesses — construction, property management, trucking, service businesses. Rather than building its own BaaS, it sits entirely on top of Stripe's embedded finance stack (Stripe Treasury + Stripe Issuing / 'Stripe Spend' with Celtic Bank issuing and Fifth Third holding funds). The strategic move in 2025 was to launch a white-label version of the platform so other SaaS/AP platforms can resell Outpave's Stripe-powered stack under their own brand — turning a niche vertical spend tool into an embedded-finance distribution layer.

Last 12 months
2026-06
2024-12
Product timeline
2023
Outpave founded in Frisco, Texas to build automated expense management for small trade businesses.· pivot
2024
Raised $1.2M seed round led by Fritz-Pak.· banking
2024
Launched business debit card program via Stripe Issuing / Stripe Treasury with Celtic Bank as issuer and Fifth Third Bank as custodian.· card
2024
Integrated Visa Merchant Search API to enrich transaction data.· banking
2024
Attended Money20/20 as an early-stage startup.· banking
2025
Launched white-label offering of expense management, card issuing, invoicing, and bill pay for SaaS/fintech partners.· pivot
The stack
7 layers disclosed in Outpave’s embedded-finance stack
Payments / PSP
Stripe
Money movement
in the full report
Banking / BaaS
in the full report
Card issuing
in the full report
Card network
in the full report
Sponsor bank
in the full report
Accounting
in the full report
Accounting gap: minor
9 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.