ApideckTape
← Embedded Finance Index 2026/Vendor

Treasury Prime

Provider
BaaSPSPCard Issuing

Embedded-finance provider tracked in the Embedded Finance Index — disclosed by 13 companies across 3 categories.

treasuryprime.com ↗Also analysed as a company — its own stack →Open Banking Tracker profile ↗
CategoriesBaaS, PSP, Card Issuing
Rank#31 of 340 in BaaS
Buyers13 companies
HeadquartersSan Francisco, CA
Founded2017
FoundersChris Dean
Raised$70M+

Claim this profile. Work at Treasury Prime? Verify your work email to unlock the full buyer list.

Founders & story · from Treasury Prime’s own dossier

Founded 2017 as a BaaS API platform connecting fintechs to a small set of partner banks. After the post-2023 BaaS market shakeout, Treasury Prime shifted to a 'bank-direct' model — fintechs contract directly with the bank, with Treasury Prime as the software layer — and introduced OneKey for multi-bank deposit programs. Strategy now emphasizes embedded banking for enterprises and a partner marketplace layering KYC, payments, and accounting on top of the core platform.

Latest round: Series C, 2023
Recent developments
  • 2023-03-01Launched multibank network to diversify fintech banking risk source ↗
  • 2023-06-01Announced long-term partnership with Checkout.com; launched wallet top-up product using third-party debit cards source ↗
  • 2023-08-01Added Liberty Bank to network source ↗
  • 2023-09-01Partnered with Astra to enable real-time payments to customers. source ↗
Full dossier: Treasury Prime’s own stack, layer by layer →
In the press
embeddedfinancereview.com ↗
Coverage of Treasury Prime sourced from Embedded Finance Review — a content partner for this report. All articles are © their original authors; click any card to open the source.
◇ article2024-03-04
Treasury Prime focuses on bank-direct offering | Is UniCredit considering buying an European BaaS provider?
What does the major shift of Treasury Prime mean for the US BaaS landscape? Is Vodeno actually a good acquisition target for UniCredit? Plus news from Xero, Dayforce, Franklin, Griffin, Enfuce, Adyen and many more.
Source · Embedded Finance Review ↗
◇ article2024-03-04
Treasury Prime focuses on bank-direct offering
US banking-as-a-service provider Treasury Prime pivots from fintech to bank-direct offering amid regulatory pressure. Why this shift could reshape the BaaS industry.
Source · Embedded Finance Review ↗
Who uses Treasury Prime
13 companies disclose Treasury Prime in their stack
TuvoliClerkieFortress TrustSolofundsOMB BankEmprise BankFirstDollarChallengerHigh CircleRadius BankAziboZeal+1 more
Buyer mix · 13 of 13 classified
Fintech / SMB banking · 3Bank / Community · 2Fintech / Consumer banking · 1Fintech / Lending · 1Horizontal SaaS / Sales Enablement · 1Infrastructure / BaaS · 1Infrastructure / Payroll · 1Vertical SaaS / Aviation · 1
US · 12
What the disclosures say
Tuvoli
“Tuvoli to Tuvoli payments are instant, free to receive, and more secure than wires or ACH payments.' Payments are run through their embedded-banking stack on Treasury Prime.”
Clerkie
“Open Banking Tracker publicly lists Clerkie as a Treasury Prime customer at https://www.openbankingtracker.com/embedded-finance/treasury-prime. This is a TIER 1 known-customer listing.”
View source · openbankingtracker.com ↗
Fortress Trust
“Treasury Prime blog: 'BaaS provider Treasury Prime supports Fortress with account opening, ACH transfers, wire transfers, and reconciliation.' BankProv press release confirms fiat services.”
Solofunds
“solofunds.com/terms/ explicitly names Treasury Prime as a service provider. solofunds.com/bank/ and solofunds.com/privacy/ confirm 'Banking services provided by Bangor Savings Bank, Member FDIC' and 'The SoLo Funds Mastercard® Debit Card is issued by Bangor Savings Bank, Member FDIC, pursuant to license by Mastercard I…”
OMB Bank
“Treasury Prime's March 2024 press release confirms OMB Bank joined the Treasury Prime Bank Network to provide embedded banking to fintechs.”
Emprise Bank
“Treasury Prime's own press release (treasuryprime.com/newsroom/emprise) states Emprise Bank selected Treasury Prime as its BaaS partner in November 2021 to build an embedded banking program including bank accounts, payments, and cards.”
The complete buyer list and each company’s full embedded-finance stack are in the Embedded Finance Index report. Represent Treasury Prime? Claim this profile above to unlock your own full list.
Unlock the buyer map

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

No newsletter, no sharing your address.

What Treasury Prime runs on · from its own dossier
The third-party providers Treasury Prime itself discloses, layer by layer — the vendor as a buyer. Distinct from the companies above that disclose Treasury Prime.
PSP
Checkout.com
Card Issuing
Marqeta
Open Banking
Plaid
Accounting API
Rutter
Full dossier with evidence for each layer →
Alternatives to Treasury Prime

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 & Trust71 buyers →Sutton Bank63 buyers →Cross River56 buyers →Pathward48 buyers →ClearBank39 buyers →Thread Bank35 buyers →Backbase30 buyers →Community Federal Savings Bank30 buyers →
Share this rank

An embeddable badge for Treasury Prime’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 #31 of 340 in BaaS — Embedded Finance Index 2026
Copy-paste snippet
<a href="https://www.embeddedfinanceindex.com/vendors/treasury-prime?ref=badge">
  <img src="https://www.embeddedfinanceindex.com/api/badge/treasury-prime.svg"
       alt="Ranked #31 of 340 in BaaS — Embedded Finance Index 2026">
</a>
<img src="https://www.embeddedfinanceindex.com/api/badge/treasury-prime/install" width="1" height="1" alt="" style="display:none">

Treasury Prime — frequently asked

Which companies use Treasury Prime?

13 companies are linked to Treasury Prime in the Embedded Finance Index 2026, through their own public disclosures or Treasury Prime's published customer list, including Tuvoli, Clerkie, Fortress Trust, Solofunds, OMB Bank, Emprise Bank, FirstDollar, Challenger, High Circle, Radius Bank and 2 others.

What does Treasury Prime do?

Treasury Prime is an embedded-finance provider in BaaS, PSP and Card Issuing. It ranks #31 of 340 BaaS providers by linked companies.

What are the alternatives to Treasury Prime?

The most-named BaaS alternatives to Treasury Prime 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).

Who founded Treasury Prime?

Treasury Prime was founded by Chris Dean and is founded in 2017, headquartered in San Francisco, CA.

How much funding has Treasury Prime raised?

Treasury Prime has raised $70M+ in total.

Benchmark your own stack

Request an embedded finance strategy assessment

Get a read on where your own stack stands against Treasury Prime 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 Treasury Prime 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.