“Can a payment network that charges merchants 0% by monetising advertising and credit referrals displace traditional card-acquirer economics in UK e-commerce?”
Founded as a UK payment network built around the proposition of 0% processing fees for merchants, Super Payments earns revenue via advertising, a BNPL credit referral commission from Abound, and optional paid add-ons rather than transaction charges. The company built its stack on top of Stripe (card acquiring), Yapily (open banking PIS), and Modulr (e-money / business accounts) rather than obtaining its own EMI licence. The introduction of Super Credit (BNPL) in 2024 deepened the consumer engagement loop, making Super a loyalty-and-payments network rather than a pure payments processor.
Super Payments discloses Modulr as its banking provider, according to the Embedded Finance Index 2026.
Super Payments does not disclose a bank charter of its own; its banking services are provided through Modulr.
Super Payments processes payments through Stripe.
Super Payments's lending and capital products are provided by Abound.
Super Payments runs its ledger on TigerBeetle.
Super Payments connects to bank accounts through Yapily.
The Embedded Finance Index 2026 maps 5 layers in Super Payments's stack: Payments / PSP (Stripe); Banking / BaaS (Modulr); Ledger (TigerBeetle); Lending (Abound, Super Credit – Pay in 3 (interest-free BNPL) and Super Credit – Longer-term regulated payment plan (representative 29.9% APR)); Open banking (Yapily).
Super Payments is founded in 2022 and headquartered in London, United Kingdom.
Super Payments has raised ~$100 million in total.
Get a read on where your own stack stands against Super Payments 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.