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Peoples Trust Company

Trust company
BaaSSponsor BankPSP

Trust company tracked in the Embedded Finance Index. Named by 4 companies, most often as their sponsor bank.

peoplestrustcompany.com ↗Also analysed as a company — its own stack →
TypeTrust company
Used asSponsor bank, Banking-as-a-Service, Payments & acquiring
Rank#47 of 201 in Sponsor Bank
Buyers4 companies
HeadquartersVancouver, British Columbia, Canada
Founded1985

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How companies use Peoples Trust Company

4 companies name Peoples Trust Company in their stack. The most common role is sponsor bank (4). A company can use the same bank for more than one thing.

Sponsor bank4
Banking-as-a-Service3
Payments & acquiring1
Background · from Peoples Trust Company’s own dossier

Peoples Trust Company is a Canadian trust company and CDIC-member deposit-taking institution owned by Triple Five Group, with a chartered-bank subsidiary (Peoples Bank of Canada). Historically a mortgage and deposits business, it has repositioned itself as one of Canada's leading BIN-sponsor / BaaS banks for fintechs — providing card issuing, merchant acquiring, money movement (Interac, EFT, Visa Direct, Mastercard Send), and RPAA-compliant trustee accounts. Its 2022 admission as a Payments Canada ACSS Direct Clearer — the first since 1984 — cemented its role as core embedded-finance infrastructure for Canadian paytechs.

Full dossier: Peoples Trust Company’s own stack, layer by layer →
Who uses Peoples Trust Company
4 companies disclose Peoples Trust Company in their stack
KeepPayfactoNeoLendful
Buyer mix · 4 of 4 classified
Fintech / Lending · 1Fintech / Neobank · 1Fintech / SMB banking · 1Vertical SaaS / Restaurants · 1
Canada · 4
What the disclosures say
Keep
“Peoples Trust Company (Canada) publicly lists Keep as a customer at https://www.bankingembedded.com/companies/keep — this is a TIER 1 known_customer_listing confirming Peoples Trust Company as Keep's BaaS/banking partner.”
View source · bankingembedded.com ↗
Payfacto
“Merchant Service Agreement (payfacto.com) names Peoples Trust Company as credit acquirer and PayFacto Payments Inc. as ISO/payment processor and Interac debit processor.”
Neo
“Known customer listings from bankingembedded.com explicitly list Concentra Bank, Equitable Bank, Peoples Trust Company (Canada), and ATB Financial as Neo's banking partners.”
Lendful
“Peoples Trust Company (Canada) publicly lists Lendful as a customer at https://www.bankingembedded.com/companies/lendful — TIER 1 known customer listing.”
View source · bankingembedded.com ↗
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Peoples Trust Company? Claim this profile above to unlock your own full list.
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What Peoples Trust Company runs on · from its own dossier
The third-party providers Peoples Trust Company itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Peoples Trust Company.
Card Network
VisaMastercardAmerican ExpressUnionPay
Full dossier with evidence for each layer →
Other banks in Sponsor Bank

Other banks named for Sponsor Bank in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.

Evolve Bank & Trust101 buyers →Sutton Bank65 buyers →Cross River64 buyers →Pathward43 buyers →Celtic Bank39 buyers →Community Federal Savings Bank37 buyers →Thread Bank31 buyers →The Bancorp Bank25 buyers →
Share this rank

An embeddable badge for Peoples Trust Company’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 #47 of 201 in Sponsor Bank — Embedded Finance Index 2026
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<a href="https://www.embeddedfinanceindex.com/vendors/peoples-trust-company?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/peoples-trust-company.svg"
       alt="Ranked #47 of 201 in Sponsor Bank — Embedded Finance Index 2026">
</a>
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Peoples Trust Company — frequently asked

Which companies use Peoples Trust Company?

4 companies disclose Peoples Trust Company in their stack in the Embedded Finance Index 2026, including Keep, Payfacto, Neo and Lendful.

What do fintechs use Peoples Trust Company for?

Peoples Trust Company is a trust company. Companies in the Embedded Finance Index 2026 name it as their sponsor bank (4), banking-as-a-service (3) and payments & acquiring (1).

What are the alternatives to Peoples Trust Company?

The most-disclosed Sponsor Bank alternatives to Peoples Trust Company are Evolve Bank & Trust (101 buyers), Sutton Bank (65 buyers), Cross River (64 buyers), Pathward (43 buyers), Celtic Bank (39 buyers) and Community Federal Savings Bank (37 buyers).

Where is Peoples Trust Company headquartered?

Peoples Trust Company is founded in 1985 and headquartered in Vancouver, British Columbia, Canada.

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