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← Embedded Finance Index 2026/Vendor

Increase

Provider
BaaSPSPCard Issuing

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 11 companies across 3 categories.

increase.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
CategoriesBaaS, PSP, Card Issuing
Rank#38 of 347 in BaaS
Buyers11 companies

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Founders & story · from Increase’s own dossier

Increase is a banking infrastructure company that positions itself as a 'bare-metal' API layer connecting technology companies directly to the Federal Reserve, Visa, and other financial networks. Rather than abstracting complexity, Increase exposes the full power of underlying rails to give fintech builders unfiltered access, predictable timing, and maximum control over payment flows. The company serves both fintech builders (like Check) and enterprises that require transparent, high-visibility banking infrastructure.

Recent developments
  • 2026-10-07Integrated Spade for real-time merchant data enrichment on card transactions — merchant name, legal name, logo, website, phone, store location and a 4-level-deep industry category, matched in under 40ms at 99%+ accuracy, available in time for the authorization decision itself. source ↗
Full dossier: Increase’s own stack, layer by layer →
Powered by
Infrastructure providers Increase builds on — distinct from the companies that disclose Increase in their own stack.
Increase Bank
own FDIC-member sponsor bank
source ↗
Grasshopper Bank
partner sponsor bank
source ↗
First Internet Bank of Indiana
partner sponsor bank
source ↗
Core Bank
partner sponsor bank
source ↗
In the press
embeddedfinancereview.com ↗
Coverage of Increase sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2024-12-08
UniCredit enables embedded lending provider Banxware to increase lending scope
UniCredit empowers embedded lending provider Banxware to offer EUR 5M loans to marketplaces like Lieferando. How bank-fintech partnerships reshape European embedded finance.
Source · Embedded Finance Review ↗
Who uses Increase
11 companies disclose Increase in their stack
VantacaTekionVic.aiCapitalOSSalsaAscendCheckStripeRampCoastKarat
Buyer mix · 11 of 11 classified
Infrastructure / Payments · 2Infrastructure / Payroll · 2Fintech / SMB banking · 1Horizontal SaaS / Accounts Payable Automation · 1Horizontal SaaS / Spend Management · 1Vertical SaaS / Automotive Retail · 1Vertical SaaS / Fleet & Fuel Management · 1Vertical SaaS / Insurance · 1
US · 9EU · 1
What the disclosures say
Vantaca
“The Vantaca Vendor Pay Terms name Grasshopper Bank, N.A. and Increase Technologies Inc. as the banking infrastructure behind Vendor Pay Services.”
Tekion
“Tekion Spend (announced 2026-09-23): embedded banking for dealerships, banking infrastructure by Increase, accounts issued by Core Bank. https://www.financialcontent.com/article/bizwire-2026-9-23-tekion-increase-and-core-bank-partner-to-bring-industry-first-embedded-banking-to-automotive-retail”
View source · financialcontent.com ↗
Vic.ai
“Vic.ai partnered with Increase and Core Bank to power VicPay ACH, check, and virtual card payments (https://www.vic.ai/news/vic-ai-partners-with-increase-to-power-vicpay).”
View source · vic.ai ↗
CapitalOS
“CapitalOS uses Increase for bank account and ACH/card infrastructure rather than a traditional PSP.”
Salsa
“Salsa's Payroll Service User Terms of Use explicitly state 'certain components of the Payroll Services are made available directly to you through Increase and certain partner banks' — Increase is Salsa's money movement / ACH origination infrastructure provider.”
Ascend
“The Ascend homepage footer (useascend.com) states: 'Banking services are provided by Grasshopper Bank, N.A.; Member FDIC.' Increase publicly lists Ascend as a customer at increase.com/customers/ascend — Increase provides modern banking infrastructure (ACH, wires, real-time payments) via API, consistent with Ascend's AC…”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Increase? Claim this profile above to unlock your own full list.
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What Increase runs on · from its own dossier
The third-party providers Increase itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Increase.
Sponsor Bank
Blue Ridge BankFirst Internet Bank
BaaS
Blue Ridge Bank
Transaction Enrichment
Spade
Full dossier with evidence for each layer →
Alternatives to Increase

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 & Trust72 buyers →Sutton Bank64 buyers →Cross River57 buyers →Pathward47 buyers →ClearBank40 buyers →Thread Bank35 buyers →Modulr31 buyers →Backbase30 buyers →
Share this rank

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Ranked #38 of 347 in BaaS — Embedded Finance Index 2026
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Increase — frequently asked

Which companies use Increase?

11 companies disclose Increase in their stack in the Embedded Finance Index 2026, including Vantaca, Tekion, Vic.ai, CapitalOS, Salsa, Ascend, Check, Stripe, Ramp, Coast and 1 other.

What does Increase do?

Increase is an embedded-finance provider in BaaS, PSP and Card Issuing. It ranks #38 of 347 BaaS providers by disclosed buyers.

What are the alternatives to Increase?

The most-disclosed BaaS alternatives to Increase are Evolve Bank & Trust (72 buyers), Sutton Bank (64 buyers), Cross River (57 buyers), Pathward (47 buyers), ClearBank (40 buyers) and Thread Bank (35 buyers).

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