← Embedded Finance Index 2026/Vendor

Institución de Banca Múltiple

Provider
BaaSCard IssuingLending

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

institucindebancamltiple.com ↗
CategoriesBaaS, Card Issuing, Lending
Rank#111 of 316 in BaaS
Buyers3 companies
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Who uses Institución de Banca Múltiple
3 companies disclose Institución de Banca Múltiple in their stack
CovaltoHey BancoNu México
Buyer mix · 3 of 3 classified
Fintech / Neobank · 2Fintech / SMB banking · 1
LATAM · 3
What the disclosures say
Covalto
“Covalto operates as a regulated bank (Banco Covalto, S.A., Institución de Banca Múltiple) and processes payments through its own banking infrastructure.”
Hey Banco
“Hey Banco holds its own Institución de Banca Múltiple charter (confirmed by January 2026 independence announcement and privacy notice).”
Nu México
“Regulatory footer on nu.com.mx: 'Nubank S.A., Institución de Banca Múltiple es una entidad financiera autorizada y supervisada por la CNBV'.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Institución de Banca Múltiple? Claim this profile above to unlock your own full list.
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Alternatives to Institución de Banca Múltiple

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 & Trust69 buyers →Sutton Bank63 buyers →Cross River52 buyers →Pathward47 buyers →ClearBank39 buyers →Thread Bank32 buyers →Backbase30 buyers →Community Federal Savings Bank30 buyers →
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Ranked #111 of 316 in BaaS — Embedded Finance Index 2026
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