Treezor
Also a provider — view Treezor’s profile →“Can a Societe Generale-owned, ACPR-licensed BaaS provider become the default European one-stop embedded finance platform for fintechs and corporates?”
Founded2016
HQParis, France
Latest roundAcquired by Societe Generale (2019); Mastercard minority investment (2022)
IndustryInfrastructure / BaaS
The story
Treezor was founded as an independent French BaaS provider offering white-label e-money and card-issuing services, then was acquired by Societe Generale in 2019 to give the bank a fintech-native embedded finance arm. Mastercard's 2022 minority investment and partnership extension cemented Treezor as a preferred BaaS issuer for European fintechs (Qonto, Swile, Lydia, Shine, Pixpay), pushing its expansion into Benelux, Germany, Italy and Spain. It positions itself as a one-stop-shop EMI covering acquiring, issuing, accounts, KYC and SEPA/international transfers under its own ACPR license.
Last 12 months
—
Product timeline
2016
Treezor founded as a Banking-as-a-Service platform in France· banking
2019
Acquired by Societe Generale group· acquisition
2022
Mastercard takes minority stake and extends 5-year strategic partnership· card
Regulated entities
1
regulatory licence held by Treezor
Licence types, jurisdictions and registered entities are in the Embedded Finance Index report.
In the press
embeddedfinancereview.com ↗Coverage sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
The stack
7 layers disclosed in Treezor’s embedded-finance stack
Payments / PSP
HiPayTreezor Acquiring (self-operated)
Money movement
in the full report
Banking / BaaS
in the full report
Card issuing
in the full report
Ledger
in the full report
Lending
in the full report
FX & payouts
in the full report
Accounting gap: significant
8 more providers across 6 layers, with confidence-scored evidence and source URLs, are in the Embedded Finance Index report.