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← Embedded Finance Index 2026/Vendor

Arc

Provider
BaaSTreasury Management

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 2 categories.

arc.com ↗Also analysed as a company — its own stack →
CategoriesBaaS, Treasury Management
Rank#8 of 45 in Treasury Management
Buyers2 companies
HeadquartersSan Francisco, CA, USA
Founded2021
FoundersDon Muir
Raised$181M+ (incl. $150M debt facility)

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Founders & story · from Arc’s own dossier

Founded in 2021 as a SaaS-startup-focused digital banking platform, Arc launched on Stripe Treasury rails with Arc Advance, a revenue-based financing product converting future SaaS revenue into upfront capital. Over 2023-2024 it pivoted away from being the direct lender toward a debt marketplace (Arc Capital Markets) that brokers introductions to third-party lenders, while continuing to operate Treasury cash management with yield via money market funds and T-Bills through Atomic Brokerage and its own RIA, Arc Advisory LLC. Today Arc positions itself as a financial OS for venture-backed tech companies — cash management + debt marketplace + AI-driven capital intelligence.

Latest round: Series A, 2022
Recent developments
  • 2024Migrated customers' business accounts to Fifth Third Bank in eight weeks, with no customer churn, after Stripe added Fifth Third to its Treasury bank network in July 2024. Done through Arc's existing Stripe Treasury for platforms integration, without new onboarding, agreements or KYC for customers. source ↗
Full dossier: Arc’s own stack, layer by layer →
Who uses Arc
2 companies disclose Arc in their stack
FirstbaseCrypto.com
Buyer mix · 2 of 2 classified
Fintech / Crypto · 1Vertical SaaS / Remote Work & IT Asset Management · 1
US · 1APAC · 1
What the disclosures say
Firstbase
“Firstbase.io hosts a dedicated partnership page at firstbase.io/arc-firstbase-start describing Arc as the banking partner for Firstbase Loop, offering FDIC-insured accounts, corporate cards, and international wires.”
Crypto.com
“BusinessWire press release (Oct 2025): 'Powered by Arc, Green Dot's end-to-end embedded finance platform…FDIC-insured account'.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Arc? Claim this profile above to unlock your own full list.
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What Arc runs on · from its own dossier
The third-party providers Arc itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Arc.
PSP
Stripe
Sponsor Bank
Fifth Third BankEvolve Bank & TrustCeltic Bank
BaaS
Stripe TreasuryFifth Third Bank
Card Issuing
Stripe IssuingCeltic Bank
Retirement / Wealth
Atomic Brokerage
Spend / AP
Arc Card
Treasury Management
Atomic BrokerageEvolve Bank & TrustPartner FDIC sweep network institutionsArc Treasury
Full dossier with evidence for each layer →
Alternatives to Arc

Other Treasury Management providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Modern Treasury39 buyers →Brex Treasury36 buyers →Stripe Treasury17 buyers →TreasurUp8 buyers →IntraFi4 buyers →Brex3 buyers →JPMorgan3 buyers →Atomic Brokerage2 buyers →
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Ranked #8 of 45 in Treasury Management — Embedded Finance Index 2026
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       alt="Ranked #8 of 45 in Treasury Management — Embedded Finance Index 2026">
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Arc — frequently asked

Which companies use Arc?

2 companies are linked to Arc in the Embedded Finance Index 2026, through their own public disclosures or Arc's published customer list, including Firstbase and Crypto.com.

What does Arc do?

Arc is an embedded-finance provider in BaaS and Treasury Management. It ranks #8 of 45 Treasury Management providers by linked companies.

What are the alternatives to Arc?

The most-named Treasury Management alternatives to Arc are Modern Treasury (39 buyers), Brex Treasury (36 buyers), Stripe Treasury (17 buyers), TreasurUp (8 buyers), IntraFi (4 buyers) and Brex (3 buyers).

Who founded Arc?

Arc was founded by Don Muir and is founded in 2021, headquartered in San Francisco, CA, USA.

How much funding has Arc raised?

Arc has raised $181M+ (incl. $150M debt facility) in total.

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