Sponsor bank tracked in the Embedded Finance Index. Named by 11 companies, most often as their sponsor bank.
Claim this profile. Work at First Electronic Bank? Verify your work email to unlock the full buyer list.
11 companies name First Electronic Bank in their stack. The most common role is sponsor bank (8). A company can use the same bank for more than one thing.
First Electronic Bank is a Utah-chartered industrial bank originally affiliated with Fry's Electronics (still listed as an affiliate in its privacy notice). Over the past two decades it has pivoted from a captive/retail-financing bank into one of the go-to sponsor banks for fintech lenders and card programs, marketing over $40B in loans originated across partner programs spanning prime-to-subprime consumer, small business, BNPL, and installment loans. It positions itself as an infrastructure provider for fintechs launching embedded lending, credit, and card products.
Full dossier: First Electronic Bank’s own stack, layer by layer →Other banks named for Sponsor Bank in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
An embeddable badge for First Electronic Bank’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.
<a href="https://www.embeddedfinanceindex.com/vendors/first-electronic-bank?ref=badge">
<img src="https://www.embeddedfinanceindex.com/api/badge/first-electronic-bank.svg"
alt="Ranked #28 of 199 in Sponsor Bank — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/first-electronic-bank/install" width="1" height="1" alt="" style="display:none">11 companies are linked to First Electronic Bank in the Embedded Finance Index 2026, through their own public disclosures or First Electronic Bank's published customer list, including Fundbox, Horizon Hobby, LATAM Airlines, Central Market, Afterpay, Simon Property Group, Lendingpoint, Personify Financial, Westgate Resorts, Creditfresh and 1 other.
First Electronic Bank is a sponsor bank. Companies in the Embedded Finance Index 2026 name it as their sponsor bank (8), banking-as-a-service (7) and card issuer (1).
The most-named Sponsor Bank alternatives to First Electronic Bank are Evolve Bank & Trust (100 buyers), Sutton Bank (64 buyers), Cross River (63 buyers), Pathward (43 buyers), Celtic Bank (39 buyers) and Community Federal Savings Bank (37 buyers).
First Electronic Bank is founded in 2000 and headquartered in Salt Lake City, Utah, USA.
Get a read on where your own stack stands against First Electronic Bank and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.