← State of Embedded Finance 2026

Vivian

Can a healthcare jobs marketplace deepen clinician retention by becoming the embedded financial services layer for nurses and allied health workers?

HQSan Francisco, California, United States
Latest roundAcquired by IAC
IndustryVertical SaaS / Healthcare
The story

Vivian Health began as a healthcare jobs marketplace (an IAC company) focused on travel nursing and broader clinician staffing. In September 2022, it acquired the technology and team behind Lume — a banking platform for healthcare workers — explicitly to launch embedded financial services for its clinician base. By August 2023, it had publicly signed on with Marqeta for embedded card issuing, signaling a pivot from pure marketplace to marketplace + embedded finance for clinicians.

Last 12 months
Product timeline
2022
Vivian Health acquires use of Lume Technology, a banking platform for healthcare workers, to build new banking and financial services for its 800,000+ registered clinicians.· acquisition
2023
Vivian announced as a new Marqeta embedded finance customer, integrating card issuing into its platform.· card
2024
Partnership with Checkmate to provide reusable reference checks for healthcare candidates.· pivot
The stack
Banking / BaaS
Marqeta
Card issuing
Marqeta
Accounting gap: none