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← Embedded Finance Index 2026/Vendor

Cuscal

Provider
BaaSSponsor BankPSPCard Issuing

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 3 companies across 4 categories.

cuscal.com ↗
CategoriesBaaS, Sponsor Bank, PSP, Card Issuing
Rank#162 of 340 in BaaS
Buyers3 companies

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Who uses Cuscal
3 companies disclose Cuscal in their stack
Block Australia86 400Zeller
Buyer mix · 3 of 3 classified
Fintech / SMB banking · 2Fintech / Neobank · 1
APAC · 2US · 1
What the disclosures say
Block Australia
“Press release: 'Square today announced the availability of its payment processing and hardware in Australia... partnered with Cuscal, the Australian transactional banking services company.'”
86 400
“CommsWire reports Cuscal — majority owner of 86 400 — powers 86 400's payment rails including NPP, EFT, digital card payments, and a white-labelled app.”
Zeller
“myzeller.com/au/terms explicitly names Cuscal Limited ACN 087 822 455 as Card Scheme Acquirer; myzeller.com product pages and ibsintelligence.com article confirm Tap to Pay on iPhone; Terms of Service covers BPAY, NPP, Direct Debit, and Direct Entry services.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Cuscal? Claim this profile above to unlock your own full list.
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Alternatives to Cuscal

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

Evolve Bank & Trust71 buyers →Sutton Bank63 buyers →Cross River56 buyers →Pathward48 buyers →ClearBank39 buyers →Thread Bank35 buyers →Backbase30 buyers →Community Federal Savings Bank30 buyers →
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Ranked #162 of 340 in BaaS — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/cuscal?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/cuscal.svg"
       alt="Ranked #162 of 340 in BaaS — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/cuscal/install" width="1" height="1" alt="" style="display:none">

Cuscal — frequently asked

Which companies use Cuscal?

3 companies are linked to Cuscal in the Embedded Finance Index 2026, through their own public disclosures or Cuscal's published customer list, including Block Australia, 86 400 and Zeller.

What does Cuscal do?

Cuscal is an embedded-finance provider in BaaS, Sponsor Bank, PSP and Card Issuing. It ranks #162 of 340 BaaS providers by linked companies.

What are the alternatives to Cuscal?

The most-named BaaS alternatives to Cuscal 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).

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