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Brim Financial

Provider
PSPCard IssuingBaaS

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 3 categories.

brimfinancial.com ↗Also analysed as a company — its own stack →
CategoriesPSP, Card Issuing, BaaS
Rank#82 of 227 in Card Issuing
Buyers2 companies
HeadquartersToronto, Ontario, Canada
Founded2017
FoundersRasha Katabi
Raised$410M

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Founders & story · from Brim Financial’s own dossier

Founded in 2017 as a consumer credit card company by a veteran banker, Brim rapidly pivoted to a Platform-as-a-Service model, positioning itself as white-label card and payments infrastructure for banks, credit unions, and fintechs. The company distinguished itself as the only fintech in Canada licensed to issue credit cards, which became a regulatory moat enabling its B2B enterprise play. By 2021–2022, Brim shifted its growth thesis from direct-to-consumer cards to powering other institutions' card programs, partnering with Mambu for banking-layer integration and Mastercard for US expansion — evolving from a fintech card issuer into a full embedded finance infrastructure platform.

Latest round: Series B, 2021
Recent developments
  • 2025-12i80 Group and Brim Financial closed a $300M credit facility to offer Funding-as-a-Service to Brim's enterprise and FI platform customers. source ↗
  • 2025-07Updated Insurance Certificates for Brim Standard and Brim World Elite Mastercard products effective July 1, 2025. source ↗
  • 2025-01Payments Canada admitted Brim Financial as a new RPAA-registered payment service provider. source ↗
Full dossier: Brim Financial’s own stack, layer by layer →
Who uses Brim Financial
2 companies disclose Brim Financial in their stack
BrimTruenorth
Buyer mix · 2 of 2 classified
Infrastructure / Card issuing · 1Vertical SaaS / Financial Services · 1
Canada · 1
What the disclosures say
Brim
“Evidence for Vestwell, Human Interest, and Betterment at Work are vendor marketing pages with no mention of Brim Financial.”
Truenorth
“IBS Intelligence: 'TrueNorth and Brim Financial have partnered to bring robust and innovative consumer, small medium business (SMB) and commercial credit card solutions to banks, FinTechs and major brands in the US and Canada.' (ibsintelligence.com/ibsi-news/truenorth-brim-team-to-deliver-credit-card-as-a-service-platf…”
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What Brim Financial runs on · from its own dossier
The third-party providers Brim Financial itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Brim Financial.
BaaS
Mambu
Lending
i80
Insurance
Royal & Sun Alliance Insurance Company of Canada
Full dossier with evidence for each layer →
Alternatives to Brim Financial

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

Marqeta66 buyers →Stripe Issuing32 buyers →Enfuce25 buyers →Paymentology23 buyers →Sutton Bank21 buyers →Pliant20 buyers →Galileo19 buyers →i2c17 buyers →
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An embeddable badge for Brim Financial’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 #82 of 227 in Card Issuing — Embedded Finance Index 2026
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       alt="Ranked #82 of 227 in Card Issuing — Embedded Finance Index 2026">
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Brim Financial — frequently asked

Which companies use Brim Financial?

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

What does Brim Financial do?

Brim Financial is an embedded-finance provider in PSP, Card Issuing and BaaS. It ranks #82 of 227 Card Issuing providers by linked companies.

What are the alternatives to Brim Financial?

The most-named Card Issuing alternatives to Brim Financial are Marqeta (66 buyers), Stripe Issuing (32 buyers), Enfuce (25 buyers), Paymentology (23 buyers), Sutton Bank (21 buyers) and Pliant (20 buyers).

Who founded Brim Financial?

Brim Financial was founded by Rasha Katabi and is founded in 2017, headquartered in Toronto, Ontario, Canada.

How much funding has Brim Financial raised?

Brim Financial has raised $410M in total.

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