Paymentology
Also a provider — view Paymentology’s profile →“Can a cloud-native issuer-processor become the default global card infrastructure for banks, fintechs, and digital banks outside the US?”
Founded2014
HQLondon, United Kingdom
Latest round$175M growth round, 2026
IndustryInfrastructure / Card issuing
The story
Paymentology is a global issuer-processor founded in 2014, providing card issuing and processing infrastructure to banks, fintechs, and digital banks. Its Lume platform (formerly Banking.Live) supports debit, prepaid, credit, hybrid, virtual, and crypto/stablecoin cards across 65+ countries. In 2026 it raised $175M from Apis Partners and Aspirity Partners to scale globally.
Last 12 months
Product timeline
2014
Paymentology founded as a global issuer-processor.· banking
2026
Raised $175M co-led by Apis Partners and Aspirity Partners for global expansion.· funding
The stack
7 layers disclosed in Paymentology’s embedded-finance stack
Card issuing
in the full report
Card network
in the full report
Ledger
in the full report
Lending
in the full report
FX & payouts
in the full report
Crypto
in the full report
Accounting gap: minor
10 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.