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← Embedded Finance Index 2026/Vendor

Baanx

Provider
LendingCrypto / Stablecoin

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

baanx.com ↗Also analysed as a company — its own stack →
CategoriesLending, Crypto / Stablecoin
Rank#160 of 259 in Lending
Buyers2 companies
HeadquartersLondon, United Kingdom
Founded2018

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Founders & story · from Baanx’s own dossier

Baanx started in 2018 as a crypto-friendly neobank concept and evolved into a B2B2C infrastructure provider: a multi-tenant gateway that lets neobanks, exchanges and DeFi platforms issue physical/virtual debit cards linked to custodial or non-custodial crypto wallets. The company runs the 'Crypto Life (CL)' white-label stack and now positions itself as crypto-to-card infrastructure, with the parent company's status marked as acquired/merged on PitchBook.

Latest round: M&A ($30M, acquired/merged)
Full dossier: Baanx’s own stack, layer by layer →
Who uses Baanx
2 companies disclose Baanx in their stack
Download “Built on Baanx” image ↓
LedgerMonavate
Buyer mix · 2 of 2 classified
Fintech / Crypto · 1Infrastructure / Card issuing · 1
EU · 1UK · 1
What the disclosures say
Ledger
“Ledger's card-program page: 'You can use your crypto card for online and in-store purchases, as well as cash withdrawals from ATMs that accept MasterCard or Visa depending of the provider's card program.' Cards themselves are issued by partners (Baanx CL Card, Mercuryo Spend Card) — Ledger does not issue.”
Monavate
“Homepage news items feature 'Lithic and Monavate Partner to Power Card Programs Across Traditional and On-Chain Finance' and 'Bridging Blockchain with Baanx' case study.”
The complete buyer list is not published on this page. Get the monthly recap for new Baanx customers as they are disclosed. Represent Baanx? Claim this profile above to unlock your own full list.
Where Baanx’s buyers are
2 countries with a disclosed buyer HQ
2 classified buyers, shaded by concentration — heaviest in 🇫🇷 France (1). HQ country, not where Baanx operates.
Fewer
MoreNo disclosed HQ
🇫🇷 France · 1🇬🇧 United Kingdom · 1
New Baanx customers land in the monthly recap.
What Baanx runs on · from its own dossier
The third-party providers Baanx itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Baanx.
KYC
Veriff
Full dossier with evidence for each layer →
Alternatives to Baanx

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

Affirm66 buyers →Klarna56 buyers →YouLend49 buyers →Mambu36 buyers →Stripe Capital33 buyers →Wisetack27 buyers →Liberis22 buyers →Afterpay17 buyers →
Share this rank

An embeddable badge for Baanx’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #160 of 259 in Lending — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/baanx?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/baanx.svg"
       alt="Ranked #160 of 259 in Lending — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/baanx/install" width="1" height="1" alt="" style="display:none">

Baanx — frequently asked

Which companies use Baanx?

2 companies are linked to Baanx in the Embedded Finance Index 2026, through their own public disclosures or Baanx's published customer list, including Ledger and Monavate.

What does Baanx do?

Baanx is an embedded-finance provider in Lending and Crypto / Stablecoin. It ranks #160 of 259 Lending providers by linked companies.

What are the alternatives to Baanx?

The most-named Lending alternatives to Baanx are Affirm (66 buyers), Klarna (56 buyers), YouLend (49 buyers), Mambu (36 buyers), Stripe Capital (33 buyers) and Wisetack (27 buyers).

Where is Baanx headquartered?

Baanx is founded in 2018 and headquartered in London, United Kingdom.

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