Bank tracked in the Embedded Finance Index. Named by 5 companies, most often as their banking-as-a-service.
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5 companies name Aion Bank in their stack. The most common role is banking-as-a-service (4). A company can use the same bank for more than one thing.
Aion Bank originated from Banca Monte Paschi Belgio and relaunched in 2020 as a digital, subscription-only bank in Belgium powered by the Vodeno cloud banking platform. It pivoted toward Banking-as-a-Service, leveraging its Belgian credit institution license to offer accounts, cards, payments, IBANs and lending to retailers, marketplaces, neobanks and fintechs across the EU. In 2024 it was acquired by UniCredit (together with Vodeno) to become the BaaS rail for UniCredit's European embedded finance ambitions.
Other banks named for BaaS in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
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<img src="https://www.embeddedfinanceindex.com/api/badge/aion-bank/install" width="1" height="1" alt="" style="display:none">5 companies are linked to Aion Bank in the Embedded Finance Index 2026, through their own public disclosures or Aion Bank's published customer list, including UniCredit, Banxware, Bankable, Unitplus and Vodeno.
Aion Bank is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (4), sponsor bank (4) and fx & payouts (1).
The most-named BaaS alternatives to Aion Bank are Evolve Bank & Trust (71 buyers), Sutton Bank (63 buyers), Cross River (56 buyers), Pathward (48 buyers), ClearBank (39 buyers) and Thread Bank (35 buyers).
Aion Bank is founded in 2020 and headquartered in Brussels, Belgium.
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