← Embedded Finance Index 2026/Vendor

Paymentology

Provider

Card Issuing FX / Payouts

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 25 companies across 2 categories.

paymentology.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗

CategoriesCard Issuing, FX / Payouts
Rank#5 of 230 in Card Issuing
Buyers25 companies
HeadquartersLondon, United Kingdom
Founded2014

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Founders & story · from Paymentology’s own dossier

Paymentology is a global issuer processor that enables fintechs, digital banks and retail banks to launch, manage and scale card programmes around the world. Built on Lume, the platform for growth, Paymentology processes billions of transactions for clients globally, across 65+ countries and 14 time zones. With a deep understanding of local markets and the scale of a truly global operating footprint, Paymentology combines regional expertise with the flexibility clients need to build momentum, enter new markets and unlock unstoppable growth. In 2026 it raised $175M from Apis Partners and Aspirity Partners to scale globally.

Latest round: $175M growth round, 2026

Recent developments

2026-05Raised $175M co-led by Apis Partners and Aspirity Partners. source ↗
2026-06Partnered with Kobble, Australia's independently licensed BaaS platform, combining Kobble's locally regulated banking infrastructure with Paymentology's card issuing and processing to speed up embedded-finance launches for fintechs, enterprises, and consumer brands in Australia. source ↗
2026-03Partnered with Liabify, a payroll-integrated financial-wellness platform, to bring salary advances, remittances, bill payments, savings, and secured lending to middle-income and expatriate workers across the GCC. source ↗
2026-04Partnered with UnDosTres, a Mexico-based digital payments and credit platform, to deliver real-time card issuance, transaction processing, and embedded credit across Latin America. source ↗

Full dossier: Paymentology’s own stack, layer by layer →

Who uses Paymentology

25 companies disclose Paymentology in their stack

Nelo Zand Bank Vodafone Moneses Xyb Snappi Salaam Banks Mobile App Dolarapp Tutuka Nomo Fondeadora sbs-software.com Tuily+13 more

Buyer mix · 25 of 25 classified

Fintech / Neobank · 5Infrastructure / BaaS · 5Fintech / Cross-border payments · 3Fintech / SMB banking · 3Infrastructure / Card issuing · 3Bank / National · 2Fintech / Lending · 1Infrastructure / Core Banking Software · 1

UK · 6 LATAM · 4 APAC · 4 MENA · 3 Africa · 3 EU · 2

What the disclosures say

Zand Bank

“Paymentology's own press release confirms the partnership: "By partnering with Paymentology, Zand is able to offer real-time issuer processing, seamless card issuance, BIN sponsorship, FX, and cross-border payments." (https://www.paymentology.com/newsroom/paymentology-announces-strategic-partnership-with-zand-bank-to-a…”

View source · paymentology.com ↗

Vodafone

“Vodafone Fiji M-PAiSA offers QR payment, remote payments, cross-border remittance, and internet payment gateway; Paymentology provides Mastercard gateway for card issuing.”

Moneses Xyb

“Paymentology press release at paymentology.com/newsroom/moneses-xyb-selects-paymentology-to-power-its-coreless-banking-platform confirms Paymentology's card issuing platform forms a core ecosystem component of XYB's coreless banking platform.”

Snappi

“April 2026 FinTech Futures article confirms Paymentology as the issuer-processor.”

Salaam Banks Mobile App

“IBS Intelligence customer listing confirms Paymentology partners with Salaam Banks Mobile App (Waafi) for card issuing. salaambank.so lists bank cards and mobile banking as core products.”

Dolarapp

“IBSIntelligence publicly lists Dolarapp as a Paymentology customer for card processing services (https://ibsintelligence.com/ibsi-news/dolarapp-selects-paymentology-for-card-processing-services/). Multi-currency confirmed via dolarapp.com/en-CO/business. [coerced currencies: kept "USD", also reported: EUR; ARS; MXN; CO…”

View source · ibsintelligence.com ↗

The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Paymentology? Claim this profile above to unlock your own full list.

What Paymentology runs on · from its own dossier

The third-party providers Paymentology itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Paymentology.

PSP

global payments

Card Network

Visa Mastercard UnionPay

Full dossier with evidence for each layer →

Alternatives to Paymentology

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.

Marqeta66 buyers →Stripe Issuing32 buyers →deserve28 buyers →Enfuce26 buyers →imprint24 buyers →Galileo21 buyers →Sutton Bank21 buyers →Pliant20 buyers →

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Paymentology — frequently asked

Which companies use Paymentology?

25 companies disclose Paymentology in their stack in the Embedded Finance Index 2026, including Nelo, Zand Bank, Vodafone, Moneses Xyb, Snappi, Salaam Banks Mobile App, Dolarapp, Tutuka, Nomo, Fondeadora and 2 others.

What does Paymentology do?

Paymentology is an embedded-finance provider in Card Issuing and FX / Payouts. It ranks #5 of 230 Card Issuing providers by disclosed buyers.

What are the alternatives to Paymentology?

The most-disclosed Card Issuing alternatives to Paymentology are Marqeta (66 buyers), Stripe Issuing (32 buyers), deserve (28 buyers), Enfuce (26 buyers), imprint (24 buyers) and Galileo (21 buyers).

Where is Paymentology headquartered?

Paymentology is founded in 2014 and headquartered in London, United Kingdom.

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