Tilled

United States

Boulder, Colorado-based PayFac-as-a-Service for software companies. Tilled offers a developer-friendly API, free sandbox, and turnkey white-label infrastructure for SaaS and vertical software platforms to embed card-present and online payments across the U.S. and Canada.

Xplor

United States

Global software and embedded payments platform formed by the merger of TSG and Clearent. Xplor Pay delivers full-service embedded payments for vertical SaaS in fitness, field services, education, and golf, while Xplor Capital provides embedded financing for SaaS providers.

Embed

Netherlands

Amsterdam-based embedded payments infrastructure for vertical SaaS platforms. Embed B.V. is licensed as a payment institution by De Nederlandsche Bank and passported across the EEA, while Embed Pay Ltd is authorised by the UK FCA as a Small Electronic Money Institution (FRN: 1035264). The platform offers phased merchant onboarding, multi-party balance accounts, virtual IBANs and unified online plus point-of-sale commerce through a single integration.

Wyzia

United States

North American real-time B2B payment infrastructure that gives businesses a unified API to process payments at multiple speeds across RTP, FedNow, ACH, Zelle, Visa Direct, and Mastercard Send. With $8B+ processed annually and approval as a Zelle Third-Party Sender for real-time B2C payments, Wyzia adds intelligent routing, settlement timing, and built-in exception handling on top of every rail.

TrueLayer

United Kingdom

European open banking platform for data aggregation and account-to-account payments. TrueLayer's APIs cover 19+ countries under PSD2/PSD3, powering Pay-by-Bank flows for marketplaces and fintechs that want to bypass card rails. Used by Revolut, Trading 212, and many UK challengers.

Yapily

United Kingdom

API-first open banking infrastructure for Europe with no consumer-facing UI—platforms own the entire user experience. Yapily covers 19+ markets across the UK and EU, offering account data, payment initiation, and variable recurring payments (VRP). Acquired Finpoint in 2022 to expand SME credit data.

Klarna Kosma

Germany

Klarna's open banking arm, spun out as a B2B platform in 2022. Kosma offers PSD2 account information and payment initiation services across Europe and the UK. Combines Klarna's existing connectivity infrastructure (built originally for SOFORT) with a developer-facing API offered to other fintechs and lenders.

Codat

United Kingdom

Universal API for SMB business data—accounting, banking, commerce, and HR. Codat connects platforms to QuickBooks, Xero, NetSuite, Sage, and dozens more so lenders, B2B fintechs, and challenger banks can underwrite, reconcile, and onboard SMBs without bespoke integrations. The accounting/ERP equivalent of what Plaid did for consumer bank accounts.

Rutter

United States

Universal API for commerce data—Shopify, Amazon, BigCommerce, WooCommerce, eBay, Walmart, and 30+ more. Rutter normalises orders, inventory, customers, and transactions so lenders, B2B SaaS, and accounting platforms can ingest commerce data without building each integration. Heavily used by revenue-based-financing lenders and e-commerce-focused expense tools.

Merge

United States

Unified API across HRIS, ATS, CRM, accounting, ticketing, and file storage—220+ integrations behind a single contract. Merge is the unified-API category leader in the US: one auth, one data model, one webhook stream for every integration. Used by SaaS companies that need to support dozens of customer-system integrations without growing the integration team linearly.

Finch

United States

Unified API for employment data—payroll, HR, benefits, and time-tracking systems. Finch connects to ADP, Gusto, Paychex, Rippling, Workday, and 200+ more, so lenders, insurance carriers, and benefits platforms can read (and increasingly write) employment data with a single integration. Strong in benefits administration, EWA, and SMB lending.

Chift

Belgium

Belgian unified API for European business software—accounting, invoicing, e-commerce, POS, payments, banking, and property management systems. Chift operates 50+ live connectors used by European fintechs and SMB platforms (Pennylane, Qonto, Pleo, Mollie, Agicap) to integrate customer-facing financial tools without building each connection in-house. Raised €2.3M seed in 2024 led by Entourage.

Sage Expense Management Embedded (formerly Fyle)

United States

Embedded expense management (white-label and Expense API) operated by Fyle and marketed as Sage Expense Management. Offers real-time Visa, Mastercard, and American Express transaction feeds, SMS-based conversational AI receipt capture, policies, reimbursements, and accounting sync for banks, card issuers, payroll/HCM, travel, and vertical SaaS.

Emburse Embedded

United States

Global spend and expense management platform with a partner programme for embedded and white-label distribution. The Emburse Cards API exposes virtual card issuing, transaction categorization, budgets, policies, and ERP/accounting connectivity for ecosystem, technology, and network partners.

Klippa (Doxis DocHorizon)

Netherlands

Intelligent document processing and embedded expense infrastructure (now part of Doxis / SER Group). DocHorizon exposes OCR, IDP, classification, fraud detection, and a mobile scanning SDK so banks, accounting, ERP, and SaaS platforms can embed receipt and invoice capture, while SpendControl offers a white-label expense product on top of the same engine.

Wallester

Estonia

Visa Principal Member and licensed Estonian payment institution providing card issuing, multi-currency IBAN accounts, and embedded spend-control for businesses and partner platforms. A developer REST API exposes card creation, limits, transactions, and accounting integrations, sitting at the seam between card issuing and embedded expense management.

Veryfi

United States

Embedded document intelligence for expense and AP workflows. Veryfi provides white-label OCR APIs, mobile and browser SDKs, document classification, and fraud detection so fintechs, expense platforms, banks, and back-office automation tools can capture receipts, invoices, checks, credit cards, and W-2/W-9 documents with high accuracy.

Wise Platform

United Kingdom

Embedded cross-border payments and accounts infrastructure from Wise (formerly TransferWise). Banks, financial institutions, platforms, and enterprises plug Wise Platform into their products via API or Swift to offer global payouts, multi-currency accounts, card issuing, and FX with direct access to local rails in 8+ markets, covering 160+ countries and 40+ currencies.

Paymentology

United Kingdom

Global card issuer processing and program management for digital banks, fintechs, and enterprises. Cloud platform for debit, prepaid, credit, and virtual cards with tokenization, BIN sponsorship, and real-time transaction intelligence so platforms can embed card payments without building direct scheme connectivity.

Alpaca

United States

Brokerage-as-a-Service infrastructure for embedded investing. Alpaca is a US-licensed broker-dealer (FINRA/SIPC) offering commission-free APIs for stocks, ETFs, options, fractional shares, and crypto—used by neobanks, fintechs, and global platforms to launch trading in days.

Apex Fintech Solutions

United States

Investing infrastructure for the digital wealth ecosystem. Apex provides custody, clearing, execution, and digital onboarding APIs that power many of the largest US neobanks, robo-advisors, and brokerage apps. FINRA-registered broker-dealer with fractional shares, IRAs, alternative assets, and crypto support.

Upvest

Germany

European Investing-as-a-Service provider. Upvest holds a German MiFID II investment firm license and offers a single API for onboarding, custody, trading, fractional shares, and reporting across European equities and ETFs. Used by leading European neobanks to embed investing.

Lemon.markets

Germany

Berlin-based Brokerage-as-a-Service for embedded investing in Europe. Lemon.markets offers a developer-first API for stock and ETF trading, custody, and account servicing under a BaFin-supervised framework, targeting fintechs and platforms that want to launch investing without becoming a regulated broker.

Bambu

Singapore

White-label robo-advisor and digital wealth platform. Bambu provides goal-based investing, portfolio construction, and rebalancing software that banks, asset managers, and platforms can embed via SDKs and APIs—often paired with a brokerage-as-a-service partner for execution and custody.

Benbase

United States

AI-native employee benefits broker with human advisors. Offers major medical, ICHRA, level-funded and self-funded plans, dental, vision, life, disability, mental health, fertility, and FSAs—with AI-powered year-round administration. Partners with embedded payroll platforms (including Check) so software companies can add embedded group benefits with automatic census and deduction sync. Insurance services through Benbase Insurance Services, LLC (NPN 21123139), San Francisco.

Chubb

Switzerland

Global property and casualty insurer offering embedded insurance via Chubb Studio—APIs, SDKs, and partner programs to integrate cyber, travel, life, small-business, and lifestyle coverage into digital platforms, financial institutions, retail, telecom, and travel journeys.

Dolfin

United Kingdom

Agentic financial ops API for SMB platforms. Dolfin enables neobanks, fintechs, and vertical SaaS to embed AI-powered invoicing, expenses, and accounts payable/receivable agents—turning platforms into financial operating systems for small businesses.

Autobooks

United States

Embedded invoicing, payment acceptance, and accounting for small businesses — delivered through the online and mobile banking experience of partner banks and credit unions.

Pathward

United States

FDIC-insured sponsor bank powering financial inclusion through Banking-as-a-Service. Pathward provides banking infrastructure, card issuing, acquiring, digital payments, and credit solutions to fintech partners, enabling them to deliver compliant financial products at scale.

Paynetics

Bulgaria

European e-money institution providing full-stack embedded finance infrastructure. Paynetics is one of the few providers offering both card issuing and card acquiring under its own EU and UK licenses, serving 60+ B2B partners and 7,000+ corporate clients.

Vodeno

Poland

Cloud-native Banking-as-a-Service platform providing end-to-end embedded finance solutions via Aion Bank's ECB banking licence. Acquired by UniCredit in 2025 for €376M alongside Aion Bank.

Monavate

United Kingdom

Payment ecosystem platform specialising in card issuing and programme management. Monavate provides modular infrastructure for fintechs and platforms to launch and manage card programmes. Merged with Baanx in November 2025.

Pecunpay

Spain

Spanish e-money institution providing payment programme emission, virtual and physical cards, and escrow account services. Acquired by Minsait Payments in 2023 and integrated into the Nuek platform.

Toqio

United Kingdom

SaaS financial orchestration platform enabling corporates and platforms to build and deploy customised embedded finance products. Toqio provides no-code/low-code tools that aggregate multiple financial partners into a single integration layer.

Orenda Finance

United Kingdom

Profitable, bootstrapped embedded finance orchestration platform providing modular regulated infrastructure for EMIs, HR platforms, mobility services, and enterprise payouts. Offers a unified API across accounts, cards, payments, and compliance.

HUBUC

Spain

Y Combinator-backed embedded finance orchestration platform providing a cloud-based API for card issuing and managed financial services. HUBUC enables brands to launch white-label financial products across 58 territories through a single integration.

Qover

Belgium

Embedded insurance orchestration for businesses and insurers across 32+ European countries. Flexible, API-first platform for products, partners, jurisdictions, and risk carriers—with modular carrier choice, performance dashboards, and AI-enabled claims, customer care, and insurance operations.