Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 4 categories.
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Founded 2009 in Singapore as a wallet-and-cards fintech, MatchMove evolved into a Banking-as-a-Service platform (Banking Wallet OS™ / MMBOS) selling 'A Bank in Any App™' to enterprises. In 2020 it pursued a Digital Full Bank license (not awarded) and remained a Major Payment Institution under MAS. The 2022 Shopmatic acquisition pushed it into e-commerce-plus-BaaS, and the company now monetises card issuing, virtual accounts, FAST payments, cross-border remittance, and crypto-to-fiat conversion across Asia and the Middle East.
Other Card Issuing providers in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
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alt="Ranked #176 of 227 in Card Issuing — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/matchmove/install" width="1" height="1" alt="" style="display:none">2 companies are linked to MatchMove in the Embedded Finance Index 2026, through their own public disclosures or MatchMove's published customer list, including Funding Societies and Coinhako.
MatchMove is an embedded-finance provider in Card Issuing, PSP, BaaS and FX / Payouts. It ranks #176 of 227 Card Issuing providers by linked companies.
The most-named Card Issuing alternatives to MatchMove are Marqeta (66 buyers), Stripe Issuing (32 buyers), Enfuce (25 buyers), Paymentology (23 buyers), Sutton Bank (21 buyers) and Pliant (20 buyers).
MatchMove was founded by Shailesh Naik and is founded in 2009, headquartered in Singapore.
MatchMove has raised $100M+ equity + $3M debt facility in total.
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