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JPMorgan

Transaction bank
PSPCard IssuingFX / PayoutsBaaSSponsor BankTreasury ManagementLending

Transaction bank tracked in the Embedded Finance Index. Named by 18 companies, most often as their fx & payouts. Sells embedded finance as J.P. Morgan Payments Embedded Finance.

jpmorgan.com ↗Also analysed as a company — its own stack →
TypeTransaction bank
OfferingJ.P. Morgan Payments Embedded Finance
Used asFX & payouts, Payments & acquiring, Banking-as-a-Service
Rank#31 of 179 in FX / Payouts
Buyers18 companies
HeadquartersNew York, NY, USA
Founded1799

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How companies use JPMorgan

18 companies name JPMorgan in their stack. The most common role is fx & payouts (7). A company can use the same bank for more than one thing. Compare it with what JPMorgan says it sells, below.

FX & payouts7
Payments & acquiring6
Banking-as-a-Service4
Treasury & cash management3
Lending partner2
Sponsor bank2
Card issuer1
How J.P. Morgan sells embedded financeTransaction bank

J.P. Morgan Payments Embedded Finance ↗

J.P. Morgan sells embedded finance as a single-provider, end-to-end suite: marketplaces and platforms onboard users and accept, hold and pay out funds without leaving the platform. Its pitch is the stability of a bank with the flexibility of a technology company.

“Accept, manage and transfer funds with frictionless, end-to-end solutions embedded directly into your existing ecosystem.”
jpmorgan.com ↗
What it offers
  • Digital onboarding. KYC-ready onboarding of the platform's end customers.
  • Payment accounts. Seller wallets and payment accounts held at the bank.
  • Acceptance. Pay-ins embedded in the platform's checkout.
  • Payouts. Global payouts across rails and currencies.
  • Embedded Payments API. APIs, widgets and the Payments Developer Portal.
Sells to
marketplacessoftware platformsmerchantscorporates
Delivery
Direct APIs + middleware · through Modern Treasury
Claims and record
Programs and partners it names
Walmart Marketplace
Seller wallet: onboarding, acceptance, cash management and payouts (2025).
source ↗
SMB credit access through API-based sub-ledgering.
source ↗
Services behind Amazon Seller Wallet (reported by American Banker).
source ↗
Payments Partner Network: enterprises embed payments on J.P. Morgan accounts.
source ↗
Accenture
First system integrator in the Payments Partner Network (2024).
source ↗
The bank’s own positioning and claims, checked against its pages 2026-10. Partners named here come from the bank and are not counted as buyer disclosures. Compare how banks sell embedded finance.
JPMorgan’s APIs · from Open Banking Tracker

JPMorgan publishes a developer portal, and 1 aggregator connects to it.

Developer portal
developer.jpmorgan.com ↗
Reachable through
Salt Edge
From Open Banking Tracker’s open dataset, record “JP Morgan”. Full API profile on Open Banking Tracker ↗
Background · from JPMorgan’s own dossier

JPMorgan Chase is the result of 1,200+ predecessor institutions consolidated over 225 years, most notably the 2000 Chase Manhattan / J.P. Morgan merger and the 2004 Bank One deal that installed Jamie Dimon. Post-2008, the firm added Bear Stearns, Washington Mutual, and (in 2023) First Republic. In the last five years the strategic pivot has been to become a technology-forward embedded finance provider: J.P. Morgan Payments is being marketed as an end-to-end platform (onboarding, acquiring, accounts, payouts, FX) that platforms and marketplaces embed, while Chase itself is being extended into direct digital retail banking in new geographies (Chase UK, now with embedded insurance).

Recent developments
  • 2025-09Renewed data access agreement with Plaid, introducing a pricing structure for consumer permissioned data sharing. source ↗
  • 2026-02Chase UK launches Chase Protect, a bundled travel/mobile/breakdown insurance product embedded in the Chase app at £12.50/month. source ↗
  • 2026-08Melissa Feldsher (Head of Consumer Payments, Trust & Security and Open Banking) publishes position piece on paid open banking data access. source ↗
  • 2026-10-07Expanded Chase Payroll (powered by Gusto, a partnership running since 2023) to eligible Business Banking customers — next-day payroll processing, automatic payroll tax calculation/filing, and an integration with Everyday 401(k) by J.P. Morgan retirement plans, all inside Chase Business Online. source ↗
Acquisitions
Bank One2004
Merger that brought Jamie Dimon to JPMorgan Chase.
Bear Stearns2008
Emergency Fed-brokered acquisition of the failing investment bank.
Washington Mutual2008
FDIC-assisted acquisition of the largest US thrift.
First Republic Bank2023
FDIC-brokered acquisition of the failed private bank.
Full dossier: JPMorgan’s own stack, layer by layer →
Who uses JPMorgan
18 companies disclose JPMorgan in their stack
ConfermaAgodaRampNikeMasterworksUnipaasBILLStorfundBayzatStarbucksRivianPapaya Global+6 more
Buyer mix · 18 of 18 classified
Infrastructure / Payments · 3Fintech / Lending · 2Horizontal SaaS / Spend Management · 2Bank / National · 1E-commerce / Retail · 1F&B / Global QSR · 1Fintech / Investment · 1Fintech / Neobank · 1
US · 9UK · 3EU · 3APAC · 1MENA · 1LATAM · 1
What the disclosures say
Agoda
“JPMorgan case study PDF describes Agoda's in-house self-issue virtual card facility for B2B hotel partner settlement, licensed by a global card network provider, with JPMorgan as settlement/treasury partner.”
Ramp
“alloy.com/case-studies/ramp confirms Alloy Onboarding for KYB/KYC since 2019; ramp.com/integrations/onetrust Resolved 2026-09-20 from Ramp's own disclosures — the three Ramp analyses disagreed because each saw one product: Ramp Operating Account is backed by JPMorgan Chase (pooled wallet, balances sub-ledgered by Ramp;…”
View source · support.ramp.com ↗
Nike
“March 2025: $2B five-year revolving credit agreement with Bank of America (admin agent), Citibank and JPMorgan Chase (co-syndication agents), Deutsche Bank, Goldman Sachs, HSBC (co-documentation agents).”
Masterworks
“URL: https://www.jpmorgan.com/insights/payments/fx-cross-border/masterworks-automates-currency-conversion”
View source · jpmorgan.com ↗
BILL
“Morgan Wallet virtual accounts over wire, ACH and RTP (https://www.jpmorgan.com/insights/payments/embedded-finance-baas/bill-embedded-payments-api-sub-ledger).”
View source · jpmorgan.com ↗
Starbucks
“Bank as Co-Syndication Agents, JPMorgan/Bank of Nova Scotia/Morgan Stanley MUFG as Co-Documentation Agents.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent JPMorgan? Claim this profile above to unlock your own full list.
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What JPMorgan runs on · from its own dossier
The third-party providers JPMorgan itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose JPMorgan.
Payroll
Gusto Embedded
Insurance
The AA
Retirement / Wealth
Vestwell
KYC
LexisNexis Risk Solutions
Open Banking
Plaid
Full dossier with evidence for each layer →
Other banks in FX / Payouts

Other banks named for FX / Payouts in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Banking Circle12 buyers →Deutsche Bank4 buyers →Citi3 buyers →Citibank2 buyers →ClearBank2 buyers →Column Bank2 buyers →Goldman Sachs Transaction Banking2 buyers →Singapore Gulf Bank2 buyers →
Share this rank

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Ranked #31 of 179 in FX / Payouts — Embedded Finance Index 2026
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JPMorgan — frequently asked

Which companies use JPMorgan?

18 companies are linked to JPMorgan in the Embedded Finance Index 2026, through their own public disclosures or JPMorgan's published customer list, including Conferma, Agoda, Ramp, Nike, Masterworks, Unipaas, BILL, Storfund, Bayzat, Starbucks and 2 others.

What do fintechs use JPMorgan for?

JPMorgan is a transaction bank. Companies in the Embedded Finance Index 2026 name it as their fx & payouts (7), payments & acquiring (6) and banking-as-a-service (4).

Does JPMorgan offer embedded finance?

Yes, as J.P. Morgan Payments Embedded Finance. J.P. Morgan sells embedded finance as a single-provider, end-to-end suite: marketplaces and platforms onboard users and accept, hold and pay out funds without leaving the platform. Its pitch is the stability of a bank with the flexibility of a technology company.

What are the alternatives to JPMorgan?

The most-named FX / Payouts alternatives to JPMorgan are Banking Circle (12 buyers), Deutsche Bank (4 buyers), Citi (3 buyers), Citibank (2 buyers), ClearBank (2 buyers) and Column Bank (2 buyers).

Where is JPMorgan headquartered?

JPMorgan is founded in 1799 and headquartered in New York, NY, USA.

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