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← Embedded Finance Index 2026/Vendor

Mbanq

Provider
BaaS

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 6 companies across 1 category.

mbanq.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
CategoriesBaaS
Rank#64 of 340 in BaaS
Buyers6 companies

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Founders & story · from Mbanq’s own dossier

Mbanq operates a proprietary cloud-native core banking platform positioned as a full-stack BaaS provider — combining core banking, card issuing, payments, compliance, and managed operations for fintechs, neobanks and credit unions. Recent product expansion includes stablecoin-based cross-border money movement (Mbanq Pay) and earned wage access delivered as fully managed programs on top of the same platform.

Recent developments
  • 2025-01P2P partners with Mbanq to launch a digital banking platform for Brazilian immigrants in the US. source ↗
Full dossier: Mbanq’s own stack, layer by layer →
Who uses Mbanq
6 companies disclose Mbanq in their stack
BloxleyQorbisCheqlyMana PacificPoetryy FinanceBnine
Buyer mix · 6 of 6 classified
Fintech / Neobank · 4Fintech / Consumer banking · 1Fintech / SMB banking · 1
US · 6
What the disclosures say
Bloxley
“Payments are handled via the BaaS layer (Mbanq/North Bay Credit Union for US, Equals Money | Railsr for Europe).”
Qorbis
“BusinessWire 2023: 'Qorbis and Mbanq partner to create tailored financial control solutions for the US market' — direct naming of Qorbis and Mbanq.”
Cheqly
“No third-party PSP/acquirer named beyond the Mbanq/Evolve infrastructure.”
Mana Pacific
“Homepage states 'FDIC insured through Mbanq's banking partners, Evolve Bank & Trust, Member FDIC.' Legal page references 'Evolve Customer Account and Cardholder Agreement'.”
Poetryy Finance
“poetryyfinance.com homepage states 'Banking services are provided by Mbanq's Banking partner, Evolve Bank & Trust, Member FDIC.' PR Newswire Jan 2023 and fintech.global Oct 2023 confirm Mbanq BaaS partnership. bankingembedded.com known_customer_listings confirms Evolve Bank & Trust lists Poetryy Finance as a customer.”
Bnine
“Card issuing via Evolve/Mbanq infrastructure inferred.”
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What Mbanq runs on · from its own dossier
The third-party providers Mbanq itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Mbanq.
Card Network
VisaMastercard
KYC
Socure
Full dossier with evidence for each layer →
Alternatives to Mbanq

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 & Trust71 buyers →Sutton Bank63 buyers →Cross River56 buyers →Pathward48 buyers →ClearBank39 buyers →Thread Bank35 buyers →Backbase30 buyers →Community Federal Savings Bank30 buyers →
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Ranked #64 of 340 in BaaS — Embedded Finance Index 2026
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Mbanq — frequently asked

Which companies use Mbanq?

6 companies are linked to Mbanq in the Embedded Finance Index 2026, through their own public disclosures or Mbanq's published customer list, including Bloxley, Qorbis, Cheqly, Mana Pacific, Poetryy Finance and Bnine.

What does Mbanq do?

Mbanq is an embedded-finance provider in BaaS. It ranks #64 of 340 BaaS providers by linked companies.

What are the alternatives to Mbanq?

The most-named BaaS alternatives to Mbanq are Evolve Bank & Trust (71 buyers), Sutton Bank (63 buyers), Cross River (56 buyers), Pathward (48 buyers), ClearBank (39 buyers) and Thread Bank (35 buyers).

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