← Embedded Finance Index 2026/Vendor

SBM Bank India

Provider
BaaSCard IssuingSponsor Bank

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 2 companies across 3 categories.

sbmbankindia.com
CategoriesBaaS, Card Issuing, Sponsor Bank
Rank#302 of 322 in BaaS
Buyers2 companies
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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.
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Alternatives to SBM Bank India

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 & Trust70 buyersSutton Bank63 buyersCross River55 buyersPathward48 buyersUnit44 buyersClearBank38 buyersThread Bank32 buyersBackbase30 buyers
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Ranked #302 of 322 in BaaS — Embedded Finance Index 2026
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