“Can an AI-native financial OS replace the fragmented finance stack of funded European startups before traditional neobanks catch up?”
Founded in 2025 by Sean Mullaney (formerly European CIO at Stripe, CTO at Algolia), Seapoint was built from inception as an AI-native financial operating system for funded European startups. Rather than a traditional neobank, it targets the fragmented finance stack of early-stage companies — combining open-banking-powered bank aggregation, automated bookkeeping synced to Xero, payroll, invoice management, multi-currency accounts, virtual cards, and treasury yield into one platform. The embedded finance infrastructure is assembled via Modulr (BaaS/payments), Yapily (open banking), and WealthKernel (investments), with AI automation as the differentiation layer.
Seapoint discloses Modulr as its banking provider, according to the Embedded Finance Index 2026.
Seapoint does not disclose a bank charter of its own; its banking services are provided through Modulr.
Seapoint moves money over SEPA Instant and Faster Payments.
Seapoint connects to bank accounts through Yapily.
Seapoint's investing and wealth products are powered by WealthKernel.
Seapoint integrates with Xero.
The Embedded Finance Index 2026 maps 7 layers in Seapoint's stack: Money movement (SEPA Instant and Faster Payments); Banking / BaaS (Modulr); Open banking (Yapily); Investing (WealthKernel); Accounting (Xero); Spend / AP (Dolfin); Treasury (WealthKernel, BlackRock Money Market Funds and WealthKernel (BlackRock Money Market Funds)).
Seapoint was founded by Sean Mullaney and is founded in 2025, headquartered in Dublin, Ireland.
Seapoint has raised €7.5M in total (latest round: Seed, April 2026).
Get a read on where your own stack stands against Seapoint and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.