← Embedded Finance Index 2026/Vendor

Mastercard

Provider
Card NetworkCard IssuingOpen BankingPSPBaaSFX / Payouts

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 316 companies across 6 categories.

mastercard.com ↗Also analysed as a company — its own stack →
CategoriesCard Network, Card Issuing, Open Banking, PSP, BaaS, FX / Payouts
Rank#2 of 15 in Card Network
Buyers316 companies
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The Mastercard family
332 companies use the Mastercard family
Unique buyers across 3 brands Mastercard owns, deduped (a company using more than one is counted once). The per-brand rows below don’t add up to this total for that reason.
MastercardPARENT316
Mastercard Open Banking16
acquired 2020
Transfast4
acquired 2019
Who uses Mastercard
316 companies disclose Mastercard in their stack
Booking HoldingsYimbaNational Bank of CanadaCrediMaxPagBankEthenaUnion Bank of Nigeria (Formerly Titan Trust Bank)Yes BankEburyNeo FinancialLithicShift4+304 more
Buyer mix · 316 of 316 classified
Bank / National · 51Infrastructure / Payments · 37Fintech / Neobank · 35Fintech / SMB banking · 27Bank / Community · 13Fintech / Consumer banking · 13Infrastructure / Card issuing · 13Bank / Sponsor · 11
US · 87LATAM · 50Africa · 47EU · 41UK · 34APAC · 20
What the disclosures say
Yimba
“NPIF case study states Yimba launched with Mastercard, Meawallet, and Railsbank in Q3 2021.”
National Bank of Canada
“Card networks Mastercard and Visa referenced across credit card and payment pages on nbc.ca.”
CrediMax
“https://credimax.com.bh/ ; https://www.credimax.com.bh/index.php/en/e_payment_gateway ; https://credimax.com.bh/wp-content/uploads/2026/06/3585-CrediMax-Individual-Card-Terms-Conditions-Final-8.6.2026.pdf — conversion rates set by Visa/Mastercard/JCB/UnionPay”
View source · credimax.com.bh ↗
Ethena
“The card program is managed by Signify Holdings, Inc. d/b/a Rain on behalf of the Issuer' and 'References in these Card Terms to the Issuer refer to Third National.' Card network disclosed as Visa (with Mastercard also referenced as possible network).”
Union Bank of Nigeria (Formerly Titan Trust Bank)
“unionbankng.com/services/247-banking/point-of-sale/ describes POS terminals accepting Mastercard, Visa, and Verve, with next-working-day merchant settlement.”
Yes Bank
“Cardholder terms name Visa (Multi Currency Travel Card) and both Mastercard and Visa (Yes Private Prime Credit Card).”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Mastercard? Claim this profile above to unlock your own full list.
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Alternatives to Mastercard

Other Card Network providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Visa332 buyers →Discover106 buyers →American Express66 buyers →Verve24 buyers →UnionPay12 buyers →Elo4 buyers →JCB4 buyers →RuPay3 buyers →
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Ranked #2 of 15 in Card Network — Embedded Finance Index 2026
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