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HSBC Bank USA

Bank
PSPBaaS

Bank tracked in the Embedded Finance Index. Named by 4 companies, most often as their banking-as-a-service.

hsbcbankusa.com ↗
TypeBank
Used asBanking-as-a-Service, Payments & acquiring
Rank#116 of 340 in BaaS
Buyers4 companies

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How companies use HSBC Bank USA

4 companies name HSBC Bank USA in their stack. The most common role is banking-as-a-service (3). A company can use the same bank for more than one thing.

Banking-as-a-Service3
Payments & acquiring1
Who uses HSBC Bank USA
4 companies disclose HSBC Bank USA in their stack
Midland States BankExtendExpresspaymentsZing
Buyer mix · 4 of 4 classified
Fintech / Cross-border payments · 2Bank / Community · 1Fintech / Insurtech · 1
US · 3UK · 1
What the disclosures say
Midland States Bank
“Midland's merchant cancellation form states 'Midland States Bank Direct is a registered ISO and MSP of HSBC Bank USA, National Association, Buffalo, NY' — Midland operates its own merchant services program sponsored via HSBC as the acquirer of record.”
Expresspayments
“bankingembedded.com lists HSBC Bank USA as a customer/partner of Expresspayments (TIER 1).”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent HSBC Bank USA? Claim this profile above to unlock your own full list.
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Other banks in BaaS

Other banks named for BaaS 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 →Community Federal Savings Bank30 buyers →GBank27 buyers →
Share this rank

An embeddable badge for HSBC Bank USA’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 #116 of 340 in BaaS — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/hsbc-bank-usa?ref=badge">
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       alt="Ranked #116 of 340 in BaaS — Embedded Finance Index 2026">
</a>
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HSBC Bank USA — frequently asked

Which companies use HSBC Bank USA?

4 companies are linked to HSBC Bank USA in the Embedded Finance Index 2026, through their own public disclosures or HSBC Bank USA's published customer list, including Midland States Bank, Extend, Expresspayments and Zing.

What do fintechs use HSBC Bank USA for?

HSBC Bank USA is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (3) and payments & acquiring (1).

What are the alternatives to HSBC Bank USA?

The most-named BaaS alternatives to HSBC Bank USA 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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