Sponsor bank tracked in the Embedded Finance Index. Named by 34 companies, most often as their banking-as-a-service. Sells embedded finance as The Bancorp Fintech Solutions.
TypeSponsor bank
OfferingThe Bancorp Fintech Solutions
Used asBanking-as-a-Service, Sponsor bank, Card issuer
Rank#15 of 344 in BaaS
Buyers34 companies
HeadquartersWilmington, Delaware, USA (bank HQ: Sioux Falls, South Dakota)
Founded2000
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How companies use The Bancorp Bank
34 companies name The Bancorp Bank in their stack. The most common role is banking-as-a-service (26). A company can use the same bank for more than one thing. Compare it with what The Bancorp Bank says it sells, below.
The Bancorp calls itself the essential enabler of fintech. It has supplied the bank behind fintech programs since its first in 2003, built on debit and prepaid sponsorship and now extending into payments, lending and embedded finance.
“Bridging business and banking with innovation.”
thebancorp.com ↗
What it offers
- Program sponsorship. Debit and prepaid card programs.
- Payment services. Merchant acquiring, ACH and push-to-card.
- Sponsored lending. Installment loans, point-of-sale financing and credit cards.
- Embedded finance. Instant payouts, BNPL and automated account management.
Sells to
fintechschallenger bankspayments companiessoftware platforms
Programs and partners it names
Private-label banking services, extended long-term in 2023.
source ↗Named partner (PayPal and Venmo).
source ↗The bank’s own positioning and claims, checked against its pages 2026-10. Partners named here come from the bank and are not counted as buyer disclosures.
Compare how banks sell embedded finance.
Background · from The Bancorp Bank’s own dossier
Founded in 2000 as an early private-label bank for non-bank companies, The Bancorp became one of the first US banks to embrace fintech through its 2003 prepaid card sponsorship program. Two decades on, it is the #1 US prepaid card issuer and #6 US debit card issuer (Nilson Report, 2026), functioning primarily as a sponsor bank / BIN issuer / ACH sponsor behind consumer and B2B fintech programs. The 2022 conversion to a national bank charter (OCC) formalized its position as regulated infrastructure for the embedded finance economy; a 2025 rebrand doubled down on that fintech-bank identity alongside adjacent specialized lending (SBA, real estate bridge, institutional securities-backed, fleet leasing).
Latest round: Publicly traded (NASDAQ: TBBK)
Key signals
- Sponsor-bank concentration risk made visible: the vast majority of deposits come from BaaS partnerships, and one client (Chime) was ~8% of revenue — the exact exposure fintech charters and bank acquisitions erode (American Banker, Sept 2026). Cash App remains a BaaS client.
Recent developments
- 2026-09Restructuring the Small Business Lending unit: roughly 9% of staff cut and new originations discontinued by end-2026. source ↗
- 2026-09Chime — one of The Bancorp's largest BaaS clients at roughly 8% of Q2 2026 revenue (Piper Sandler) — agreed to buy Stride Bank and consolidate its banking there. The Bancorp contract runs to mid-2028 and requires a year's notice to exit, so the wind-down is protracted; TBBK shares fell about 22% in the two weeks after the 8 Sept announcement. source ↗
- 2026-Q2Q2 2026 results — $9.2B total assets; 35% annualized ROE; $196B GDV TTM; $1T+ total payment volume TTM. source ↗
- 2025Launched new brand reflecting the future of fintech and banking. source ↗
Who uses The Bancorp Bank
34 companies disclose The Bancorp Bank in their stack
Buyer mix · 34 of 34 classified
Fintech / Investment · 8Fintech / SMB banking · 8Fintech / Consumer banking · 4Infrastructure / Payments · 3Fintech / Neobank · 2Horizontal SaaS / Spend Management · 2Fintech / Cross-border payments · 1Fintech / Earned Wage Access · 1
What the disclosures say
Global Rewards“The Bancorp Bank publicly lists Global Rewards as a customer (https://www.bankingembedded.com/companies/global-rewards). Business Wire (2022) confirms Global Rewards uses Galileo Financial Technologies for cloud-based card issuance APIs covering single-use and reloadable virtual/physical cards (https://www.businesswire…”
View source · bankingembedded.com ↗
Chime“Chime's regulatory footer on chime.com states: 'The Chime Visa® Debit Card, the secured Chime Credit Builder Visa® Credit Card and the secured Chime Visa® Credit Card are issued by The Bancorp Bank, N.A. or Stride Bank, N.A., pursuant to licenses from Visa U.S.A.”
Pinnacle Payments“Pathward, BMO Bank, Citizens Bank, The Bancorp Bank, and FFB Bank listed as banking relationships on bankingembedded.com/companies/pinnacle-payments (TIER 1 known_customer_listings).”
NorthOne“NorthOne security page: 'Banking services for the deposit account are provided by The Bancorp Bank, N.A., Member FDIC.”
Oxygen“help.oxygen.us consumer account closure notice states: 'you have an Oxygen Consumer Deposit Account made available through The Bancorp Bank, N.A.”
DailyPay“DailyPay Card Privacy Policy (dailypay.com/en-us/legal/card-privacy/): 'We have partnered with The Bancorp Bank, N.A., Member FDIC, to offer you banking services through the DailyPay Card.' Bancorp Privacy Notice also hosted at dailypay.com/en-us/legal/gbla/.”
The complete buyer list and each company’s full embedded-finance stack are in the
Embedded Finance Index report. Represent The Bancorp Bank? Claim this profile above to unlock your own full list.
Sample distribution — illustrative only, not The Bancorp Bank’s actual buyers.
🇺🇸 United States · 40🇬🇧 United Kingdom · 22🇩🇪 Germany · 14🇮🇳 India · 12🇫🇷 France · 9🇸🇬 Singapore · 7🇦🇺 Australia · 6🇧🇷 Brazil · 5+2 more
What The Bancorp Bank runs on · from its own dossier
The third-party providers The Bancorp Bank itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose The Bancorp Bank.
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.
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Which companies use The Bancorp Bank?
34 companies disclose The Bancorp Bank in their stack in the Embedded Finance Index 2026, including Global Rewards, Chime, Pinnacle Payments, NorthOne, Franklin Templeton, Oxygen, DailyPay, Assetmark, Onbe, Honeydue and 2 others.
What do fintechs use The Bancorp Bank for?
The Bancorp Bank is a sponsor bank. Companies in the Embedded Finance Index 2026 name it as their banking-as-a-service (26), sponsor bank (25) and card issuer (7).
Does The Bancorp Bank offer embedded finance?
Yes, as The Bancorp Fintech Solutions. The Bancorp calls itself the essential enabler of fintech. It has supplied the bank behind fintech programs since its first in 2003, built on debit and prepaid sponsorship and now extending into payments, lending and embedded finance.
Where is The Bancorp Bank headquartered?
The Bancorp Bank is founded in 2000 and headquartered in Wilmington, Delaware, USA (bank HQ: Sioux Falls, South Dakota).
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