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← Embedded Finance Index 2026/Banks

Standard Bank

Bank
FX / PayoutsBaaSCard Issuing

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

standardbank.com ↗Also analysed as a company — its own stack →
TypeBank
Used asBanking-as-a-Service, Card issuer, FX & payouts
Rank#173 of 186 in FX / Payouts
Buyers2 companies
HeadquartersJohannesburg, South Africa
Founded1862

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How companies use Standard Bank

2 companies name Standard Bank 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
FX & payouts1
Background · from Standard Bank’s own dossier

Standard Bank was incorporated in London in 1862 to finance South African commerce; after the 1969 merger of the London parent with Chartered Bank (which became Standard Chartered), the African business evolved into today's Johannesburg-headquartered Standard Bank Group. Over the last two decades it has repositioned as an Africa-focused, digitally enabled financial services group with 21 sub-Saharan country presences, four global centres, and offshore hubs in Jersey, Isle of Man and Mauritius. The 2007 ICBC 20% shareholding cemented its China–Africa corridor. More recently the group has built out digital products (Shyft FX app, OneHub API Marketplace, Instant Money wallet) that push it beyond traditional banking into embedded and platform services.

Recent developments
  • 2026-09Standard Bank strengthens trade ecosystem to enable African SMEs to access global markets. source ↗
  • 2026Egypt representative office launch. source ↗
  • 2026Interim Results 2026 published; named most valuable bank brand in South Africa for the fifth consecutive year. source ↗
  • 2026-09-01Named as a founding member (one of 21 international financial institutions, alongside Bank of America, Capital One, Citi, Fidelity Investments, Goldman Sachs, PNC, Scotiabank, TD Bank Group, Wells Fargo, WisdomTree, Banco Santander, Bbva, Commerzbank, Deutsche Bank, Lloyds, Rabobank, Ubs, Mufg, Sirius International Holding and Crédit Agricole) of a new joint venture to issue a stablecoin — name not yet disclosed at announcement. Initial focus on a USD-denominated stablecoin, with EUR the priority for later expansion; targets wholesale, institutional and retail use cases including cross-border payments and digital-asset settlement. Go-to-market targeted for H1 2027. source ↗
Full dossier: Standard Bank’s own stack, layer by layer →
Who uses Standard Bank
2 companies disclose Standard Bank in their stack
Stanbic IBTCBrokstock
Buyer mix · 2 of 2 classified
Bank / National · 1Fintech / Investment · 1
Africa · 2
What the disclosures say
Stanbic IBTC
“Parent Standard Bank Group announced 2021 partnership with Flutterwave covering Nigeria for e-commerce, card issuing, payments, collections, USSD, lending and BNPL capabilities.”
Brokstock
“The Public Offering Document names Standard Bank as card issuer and Mastercard as the card network/processor for the debit card product, but no general-purpose acquiring PSP is identified.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Standard Bank? Claim this profile above to unlock your own full list.
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What Standard Bank runs on · from its own dossier
The third-party providers Standard Bank itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Standard Bank.
Card Network
VisaMastercardDiscover
Lending
Merchant Capital
FX / Payouts
Currencycloud
KYC
iiDENTIFiiAUTHENTIFIDatanamix
FX API
Currencycloud
Full dossier with evidence for each layer →
Other banks in FX / Payouts

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

Banking Circle12 buyers →JPMorgan8 buyers →Deutsche Bank4 buyers →Citi3 buyers →Goldman Sachs Transaction Banking3 buyers →Citibank2 buyers →ClearBank2 buyers →Column Bank2 buyers →
Share this rank

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Ranked #173 of 186 in FX / Payouts — Embedded Finance Index 2026
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Standard Bank — frequently asked

Which companies use Standard Bank?

2 companies disclose Standard Bank in their stack in the Embedded Finance Index 2026, including Stanbic IBTC and Brokstock.

What do fintechs use Standard Bank for?

Standard Bank is a bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (1), card issuer (1) and fx & payouts (1).

What are the alternatives to Standard Bank?

The most-disclosed FX / Payouts alternatives to Standard Bank are Banking Circle (12 buyers), JPMorgan (8 buyers), Deutsche Bank (4 buyers), Citi (3 buyers), Goldman Sachs Transaction Banking (3 buyers) and Citibank (2 buyers).

Who founded Standard Bank?

Standard Bank was founded by John Paterson and is founded in 1862, headquartered in Johannesburg, South Africa.

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