Thread Bank
Also a provider — view Thread Bank’s profile →“Can a 100-year-old community bank rebuild itself as a scalable BaaS sponsor bank for fintechs and vertical SaaS in the post-Synapse era?”
Thread Bank is a Tennessee community bank whose lineage dates to 1906 (Civis Bank) but was recapitalized in May 2021 by seasoned banking and fintech investors to reposition as a 'fintech-enabled community bank.' Since then it has invested in a modern embedded-banking stack — Finxact core, Infinant as the embedded layer, LoanPro for lending — and built a sponsor-bank BaaS business under the 'threadconnect' and 'Threaded Payments' brands, serving fintechs, consumer brands, and vertical SaaS. As of late 2025 it reports $2B+ in partner deposits growing ~75% annually, making it one of the newer post-Synapse-era US sponsor banks scaling program-partner relationships.