← Embedded Finance Index 2026/Vendor

Finxact

Provider

Ledger BaaS Card Issuing

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 5 companies across 3 categories.

finxact.com ↗Also analysed as a company — its own stack →

CategoriesLedger, BaaS, Card Issuing
Rank#7 of 20 in Ledger
Buyers5 companies

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Who uses Finxact

5 companies disclose Finxact in their stack

Live Oak Bank Metropolitan Commercial Bank Pay Theory Anatomy Financial Thread Bank

Buyer mix · 5 of 5 classified

Bank / Community · 3Infrastructure / Payments · 1Vertical SaaS / Healthcare · 1

US · 4

What the disclosures say

Live Oak Bank

“Live Oak Bank is itself the chartered bank ('Live Oak Banking Company'); per its press release, banking accounts are 'held at and serviced by Live Oak Bank.' The bank uses a 'next-generation Finxact core' for ledgering (GlobeNewswire / investor press release).”

Metropolitan Commercial Bank

“The Finzly customer story explicitly names MCB's dual-core setup on Fiserv and Finxact and Finzly's Payment Galaxy + virtual accounts as the payments/ledger layer over those cores.”

Pay Theory

“paytheory.com/blog/embedded-finance: 'Pay Theory is allowing SaaS platforms to build integrated financial services by collaborating with Finxact, a leader in modern core banking technology... bank accounts, lending options, card issuance, and rewards programs.' Fiserv Q2 2023 earnings call quoted on paytheory.com/blog/…”

Anatomy Financial

“Privacy policy: 'Anatomy-related bank accounts are provided by Live Oak Banking Company, Member FDIC.' Live Oak quote confirms use of 'next-generation Finxact core' to ledger every customer and account.”

Thread Bank

“Core banking runs on Finxact (Fiserv) with Infinant as the embedded banking layer, per Thread's own August 2025 announcement.”

The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Finxact? Claim this profile above to unlock your own full list.

Alternatives to Finxact

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

Modern Treasury35 buyers →Mambu12 buyers →Formance10 buyers →Layer7 buyers →Temenos7 buyers →Thought Machine7 buyers →Sage Embedded Services4 buyers →TigerBeetle4 buyers →

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