Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 1 category.
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Founded as Casco Financial Services Limited around 2005, Equals Money originally focused on foreign exchange and international payments for corporates. Over time it expanded into multi-currency business accounts, corporate cards, and spend management, positioning itself as a UK-regulated alternative to traditional bank FX desks. The 2025 merger with Railsr — itself an embedded finance infrastructure pioneer — marked a strategic pivot from being a payments and FX provider into a full Banking-as-a-Service platform, enabling fintechs, neobanks, and digital asset firms to build regulated financial products on top of Equals Money's infrastructure and licences.
Other FX / Payouts providers 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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alt="Ranked #74 of 179 in FX / Payouts — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/equals-money/install" width="1" height="1" alt="" style="display:none">2 companies are linked to Equals Money in the Embedded Finance Index 2026, through their own public disclosures or Equals Money's published customer list, including Bloxley and Caffe Nero.
Equals Money is an embedded-finance provider in FX / Payouts. It ranks #74 of 179 FX / Payouts providers by linked companies.
The most-named FX / Payouts alternatives to Equals Money are Currencycloud (81 buyers), Airwallex (80 buyers), Nium (67 buyers), Wise Platform (58 buyers), Stripe (49 buyers) and Convera (33 buyers).
Equals Money is founded in 2005 and headquartered in 68 Upper Thames Street, 3rd Floor, Vintners' Place, London, EC4V 3BJ, United Kingdom.
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