ApideckTapeMonthly recap
← Embedded Finance Index 2026/Banks

SBM Bank India

Bank
BaaSCard IssuingSponsor Bank

Bank tracked in the Embedded Finance Index. Named by 2 companies, most often as their banking-as-a-service.

sbmbankindia.com ↗
TypeBank
Used asBanking-as-a-Service, Card issuer, Sponsor bank
Rank#316 of 340 in BaaS
Buyers2 companies

Claim this profile. Work at SBM Bank India? Verify your work email to unlock the full buyer list.

How companies use SBM Bank India

2 companies name SBM Bank India in their stack. The most common role is banking-as-a-service (1). A company can use the same bank for more than one thing.

Banking-as-a-Service1
Card issuer1
Sponsor bank1
Who uses SBM Bank India
2 companies disclose SBM Bank India in their stack
NiyoKissht
Buyer mix · 2 of 2 classified
Fintech / Lending · 1Fintech / Neobank · 1
APAC · 2
What the disclosures say
Niyo
“Legal page lists SBM Bank India, DCB Bank as card-issuing partners; FAQ confirms Equitas SFB powers NiyoX; goniyo.com homepage shows VISA logo with 'Cards issued by' attribution.”
Kissht
“Inc42 (2022) reports Kissht's Ring BNPL card was issued in partnership with RBL Bank and SBM Bank India.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent SBM Bank India? Claim this profile above to unlock your own full list.
Unlock the buyer map

See where SBM Bank India’s disclosed buyers are headquartered. Represent SBM Bank India? Claim this profile above instead — it unlocks your own map immediately.

No newsletter, no sharing your address.

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 SBM Bank India’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 #316 of 340 in BaaS — Embedded Finance Index 2026
Copy-paste snippet
<a href="https://www.embeddedfinanceindex.com/vendors/sbm-bank-india?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/sbm-bank-india.svg"
       alt="Ranked #316 of 340 in BaaS — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/sbm-bank-india/install" width="1" height="1" alt="" style="display:none">

SBM Bank India — frequently asked

Which companies use SBM Bank India?

2 companies are linked to SBM Bank India in the Embedded Finance Index 2026, through their own public disclosures or SBM Bank India's published customer list, including Niyo and Kissht.

What do fintechs use SBM Bank India for?

SBM Bank India is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (1), card issuer (1) and sponsor bank (1).

What are the alternatives to SBM Bank India?

The most-named BaaS alternatives to SBM Bank India 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).

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against SBM Bank India and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.

  • Your category, mappedHow your stack compares to SBM Bank India and the other buyers it serves.
  • Build vs. buyWhere a provider relationship would close a gap faster than building it.
  • A named analyst, not a form replyA short call to scope what's actually worth assessing for you.

No newsletter, no sharing your address. We use this to reach out about the assessment and nothing else.