Themed lists of young companies that raised recently, built from the index's dossiers: infrastructure, vertical SaaS, cross-border and stablecoins, lending, banking. Each company links to what it embeds and who powers it.
Young companies that raised a pre-seed, seed or Series A round recently, across every part of the embedded finance stack. Ranked by total raised.
The picks and shovels: BaaS, payments, card issuing, lending, open banking and compliance infrastructure that other companies build financial products on.
Industry software (construction, real estate, restaurants, healthcare and more) that embeds payments, banking or lending for its customers from early on.
New rails for moving money across borders: FX, payouts, remittances and stablecoin settlement.
New credit models: embedded working capital, revenue-based financing, BNPL for businesses and lending infrastructure.
Digital banks and business accounts for SMBs, freelancers and consumers, mostly built on partner banks and BaaS.