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Merrick Bank

Bank
BaaSSponsor BankPSP

Bank tracked in the Embedded Finance Index. Named by 5 companies, most often as their banking-as-a-service.

merrickbank.com ↗
TypeBank
Used asBanking-as-a-Service, Sponsor bank, Payments & acquiring
Rank#189 of 340 in BaaS
Buyers5 companies

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How companies use Merrick Bank

5 companies name Merrick Bank in their stack. The most common role is banking-as-a-service (2). A company can use the same bank for more than one thing.

Banking-as-a-Service2
Sponsor bank2
Payments & acquiring1
Merrick Bank’s APIs · from Open Banking Tracker

Open Banking Tracker has no developer portal on file for Merrick Bank. 2 aggregators connect to its accounts.

Reachable through
Mastercard Open Banking (formerly Finicity)Plaid
From Open Banking Tracker’s open dataset, record “Merrick Bank - Credit Card”. Full bank profile on Open Banking Tracker ↗
Who uses Merrick Bank
5 companies disclose Merrick Bank in their stack
NMIPayabliPaysafeSpotOnElite Payment Processing
Buyer mix · 5 of 5 classified
Infrastructure / Payments · 3Fintech / Cross-border payments · 1Vertical SaaS / Restaurants · 1
US · 4UK · 1
What the disclosures say
Payabli
“Merrick Bank listed as acquiring/banking partner via bankingembedded.com.”
SpotOn
“SpotOn operates its own merchant acquiring: pricing page lists direct processing rates (2.45%+$0.15 card-present, etc.) and the footer discloses 'SpotOn Transact, LLC is a Registered Partner/ISO of Merrick Bank, South Jordan, UT & Wells Fargo Bank, N.A., Concord, CA' — i.e.”
Elite Payment Processing
“merchantalternatives.com/reviews/elite-payment-processing/ explicitly states 'Elite Payment Processing is an ISO/MSP of Wells Fargo Bank, Walnut Creek, CA and Merrick Bank, South Jordan, UT.' elitepaymentprocessing.com/about/ describes storefront, internet, and CNP merchant solutions.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Merrick Bank? Claim this profile above to unlock your own full list.
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Other banks in BaaS

Other banks named for BaaS 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 →Community Federal Savings Bank30 buyers →GBank27 buyers →
Share this rank

An embeddable badge for Merrick Bank’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.

Ranked #189 of 340 in BaaS — Embedded Finance Index 2026
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       alt="Ranked #189 of 340 in BaaS — Embedded Finance Index 2026">
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Merrick Bank — frequently asked

Which companies use Merrick Bank?

5 companies are linked to Merrick Bank in the Embedded Finance Index 2026, through their own public disclosures or Merrick Bank's published customer list, including NMI, Payabli, Paysafe, SpotOn and Elite Payment Processing.

What do fintechs use Merrick Bank for?

Merrick Bank is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (2), sponsor bank (2) and payments & acquiring (1).

What are the alternatives to Merrick Bank?

The most-named BaaS alternatives to Merrick Bank 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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