“Can a 100-year-old regional bank become a modern sponsor / partner bank for fintechs without the regulatory scars that hit Cross River, Evolve, and Blue Ridge?”
Valley National Bank is a nearly-century-old New Jersey regional bank (founded 1927, ~$64B assets, NASDAQ: VLY) that has spent the last few years pivoting from a traditional branch-centric commercial bank into a fintech-partner / sponsor bank. It publicly named Partner Banking as a long-term growth pillar, hired a Head of Partner Banking from Piermont Bank in early 2026, and has been assembling a modern embedded-finance stack around Infinant's Interlace platform (BaaS orchestration) and Koxa (ERP-to-bank connectivity).
Valley Bank discloses Infinant (Interlace platform) and Valley National Bank (in-house) as its banking providers, according to the Embedded Finance Index 2026.
Valley Bank does not disclose a bank charter of its own; its banking services are provided through Infinant (Interlace platform) and Valley National Bank (in-house).
Valley Bank processes payments through Valley Bank Merchant Services (self-operated).
Valley Bank's cards are issued through Valley National Bank (in-house) on the Mastercard and Visa networks.
Valley Bank's lending and capital products are provided by Valley National Bank (in-house).
Valley Bank connects to bank accounts through MX.
Valley Bank uses Valley National Bank (in-house) — Capital Markets FX for FX and cross-border payouts.
Valley Bank's investing and wealth products are powered by Valley National Bank (in-house) — Wealth Management.
The Embedded Finance Index 2026 maps 12 layers in Valley Bank's stack: Payments / PSP (Valley Bank Merchant Services (self-operated)); Banking / BaaS (Infinant (Interlace platform) and Valley National Bank (in-house)); Card issuing (Valley National Bank (in-house)); Card network (Mastercard and Visa); Lending (Valley National Bank (in-house), Valley Specialty Finance (working capital, trade finance, syndications), Asset-based revolving credit facilities, Commercial lending and 2 others); Open banking (MX); Unified APIs (Koxa); Sponsor bank (Valley National Bank (in-house)); FX & payouts (Valley National Bank (in-house) — Capital Markets FX); Investing (Valley National Bank (in-house) — Wealth Management); Spend / AP (Valley National Bank (in-house) — Valley OneCard); Transaction enrichment (MX).
Valley Bank is founded in 1927 and headquartered in Morristown, New Jersey, USA.
Get a read on where your own stack stands against Valley Bank 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.