← State of Embedded Finance 2026

Unlimit

Can a single-vendor, principal-member payments platform replace the typical multi-provider embedded finance stack for global merchants?

IndustryInfrastructure / Payments
The story

Unlimit (formerly Unlimint) operates as a global payments and BaaS infrastructure provider holding principal memberships with Mastercard, Visa, and UnionPay. It has expanded from cross-border card acquiring into a broader stack covering payouts, accounts/IBANs, card issuing, crypto, and BaaS — positioning itself as an end-to-end alternative to combining multiple fintech vendors.

Last 12 months
Regulated entities
Principal Member
Global
Unlimit (Mastercard, Visa, UnionPay principal memberships)
Payments entity
Mexico
Unlimint MX S.A.P.I de C.V
Technology entity
Denmark
Unlimit Technologies ApS
The stack
Payments / PSP
Unlimit Payment Processing (self-operated)Unlimit card acquiring (self-operated)Unlimit Payouts (self-operated)
Banking / BaaS
Unlimit BaaS (in-house)
Card issuing
Unlimit (in-house, principal member Mastercard/Visa/UnionPay)
FX & payouts
Unlimit Payouts (self-operated)
Crypto
Unlimit Crypto (self-operated)
Accounting gap: significant