BaaS - Open Source Info - Banks & Processors

BaaS - Open Source Info - Banks & Processors

Crowdsourced early debt/ABL/LOC providers in the market today

finance, fintech, banking

Name	outreach	Bin Sponsor	@dropdown	Receivables	Program Types	Programs	Restricted to these processors	Program Size Target	URL	Contact at Company	OCC or FDIC	Asset Size	Durbin Capped?	Notes	Consent Order?

Atlantic Capital Bank	2/1					Self.inc			https://atlanticcapitalbank.com/		OCC	$3,779,141,000	No

Austin Capital Bank									https://www.austincapitalbank.com/		FDIC	$383,436,000	No

Avidia									https://avidia.com		FDIC		No	New England community bank thats fintech friendly. SFTP ACH and X9.

Axiom									https://www.axiombanking.com/		OCC	$674,520,000	No

Axos Bank						N26 :(			https://www.axosbank.com/		OCC	$12,745,029,000

Bancorp	2/1	Yes				Chime, bluevine, oxygen			https://www.thebancorp.com/		OCC	$6,180,358,000	No

Bank of Missouri	2/1	Yes				OlloCard, Ness, Zolve, Antlanticus (Fortiva Card, Fortiva loans, Aspire Card, Imagine Card)			https://www.bankofmissouri.com/		FDIC	$2,648,288,000	No	Ally acquired and now issues previously Ollo card

Bank of the Lake	3/25	Yes				New	N/A	Flexible	https://www.fblake.bank/	agrandner@fblake.bank	FDIC	$900,000,000	No	New issuing bank with highly experienced team, paying competitive interest rates. 	No

BBVA		Yes		Yes		Simple (RIP), Azlo (RIP)			PNC			n/a		acquired by PNC

Beneficial State Bank	2/1	Yes		Yes					https://beneficialstatebank.com/		FDIC	$1,456,464,000	No

Blue Ridge Bank	2/1	Yes				Unit, Increase, Upgrade	choice				OCC	$2,747,488,000	No	Hit with material BSA failings; under consent order	Yes

CBKC											FDIC	$335,534,000	No

Celtic Bank	2/5	Yes				Deserve, Stripe, Square, Kabbage, OnDeck, BlueVine, Perpay, Ramp, Affirm, Uplift			https://www.celticbank.com/		FDIC	$3,905,054,000	No

Choice Bank	2/5					Unit, Current, Lively, Lili			bankwithchoice.com		FDIC	$3,196,969,000	No		Yes

Coastal Community Bank	2/5	Yes		Yes		Aspiration, One Finance, Synctera, Aven, Pomelo, Greenwood, X1, Fair, BlueVine, Robinhood Gold Card			www.coastalbank.com		FDIC	$2,006,059,000	No

Column	2/5	Yes		Yes		Brex, Plaid, Bill, AvidExchange, Settle, Carta, Nium, Wise	Bring your own processor 	Apparently mostly taking larger clients	https://column.com	Apparently pretty selective. High standards and mostly commercial.	OCC	$403,275,000	No		No

Commerce Bank	2/5	Yes		Yes		Charity Charge	TSYS		www.commercebank.com		FDIC	$33,712,939,000	Yes	Primarily only cobrands; TSYS Shop

CFSB		Yes		Yes		Wise, Greenlight, Skrill, Airwallex, CurrencyCloud, Credit Sesame, Chipper Cash, Alviere, Crypto.com			www.cfsb.com	hklein@cfsb.com	OCC	$730,443,000	No	Lot of international	Private SSP

Continental Bank	2/5	Yes		Yes		Paintbrush, PingLend (Pesto), 2 more lauching 1Q'24		Small, Medium, Large (but not starup)	https://www.cbankus.com/	jmorgan@cbankus.com	FDIC	$181,069,000	No	Lending focused; will give balance sheet; does all BINs; clean regulatory & compliance 	No

Emigrant Bank						Brex			https://www.emigrant.com/home.html		FDIC	$5,747,984,000

Delamo Emprise Bank	2/6	Yes		Yes		Treasury Prime			Delamo Emprise Bank	ereisig@emprisebank.com	FDIC	$2,345,821,000	No

Evolve	2/6	Yes		Yes		Bond, Sila, Stripe Treasury, Synapse, Deserve, Dave, Step, Rho, Mercury, OnJuno, BlockFi, Creator.Cash, Atmos, Bend			1		FDIC	$691,611,000	No		Yes

Cross River		Yes		Yes		Upgrade, Revolut (Credit), Coinbase, Stripe, RocketLoans, Remitly, Affirm, Best Egg, Upstart, LendingUSA, Yendo, Lending Club, Divvy, Gusto, Kabbage, Intuit, Finix, Seedfi			www.crossriver.com	llosquadro@crossriver.com	FDIC	$14,323,105,000	Yes		Yes

FB&T		Yes		Yes		Final :(, CreditShop, Fidem			bankeasy.com		FDIC	$3,833,789,000	No

Fifth Third Bank		Yes		Yes		Brex, ADP, Wirecard, FIS/Worldpay, Fiserv	Processor agnostic; no restrictions 	Med - Large	www.53.com	john.piazza@53.com	OCC	$201,995,877,000	Yes	Balance sheet for lending, APIs for payment and deposit products

First Century Bank		Yes		no		Payoneer, others			https://myfirstcenturybank.com/		FDIC	$515,433,000	no	Bob H used them to issue MasterCard program

First Electronic Bank		Yes		?		BlisPay (RIP), Cardless, Imprint, Concora Credit (Genesis), OppFi, ViaBill					FDIC	$74,233,000	No

First Horizon		Yes		No		Synapse (omnibus)			firsthorizon.com		OCC	$87,574,096,000	Yes

First Internet Bank of Indiana	2/1	Yes		No		Increase			https://www.firstib.com/

First National Bank of Omaha		Yes (Credit)		Yes		40+ traditional partner branded programs on legacy core. new partnerhsip with marqeta announced December 2021			https://www.fnbo-caas.com		OCC	$25,678,000,000	Yes	No debit sponsorship. Long history of co-brand credit. Developing new API first credit business.

First Pryority Bank		Yes				Rivet Card, Iconic, Totem, Splitwise			https://www.firstpryoritybank.com/	Aaron Dillard - CEO	FDIC	$334,000,000	No

Global Innovations Bank		In Progress						Small/Medium	https://gibank.com/	agoody@gibank.com	FDIC	$53,015,000.00

Goldman Sachs		No		Yes		No "BaaS" but cobrand/distribution partners: Apple, GM, JetBlue, Walmart, Amazon		If you have to ask			FDIC	$351,163,000,000	Yes

Grasshopper						Treasury Prime, FIS, Narmi, Alloy, Visa, Autobooks, Hummingbird and Fiverity

Green Dot		No		Yes		Uber, Walmart, Wealthfront, Stash, Amazon, Intuit, Apple			greendot.com	ssingh6@greendotcorp.com	FDIC	$386,826,000	No		Yes

Hatch Bank		Yes		Yes		HMBradley, Wisetack, Zoro Card					FDIC	$110,191,000	No

J.P. Morgan Chase		No		Yes		FINSPAN		If you have to ask			OCC	$3,190,100,000,000	Yes

Key Bank						GradFin, Laurel Road,

Lead Bank						Bridge.xyz, Wyre, Bakkt, Self Inc, Cherry, Metropolis DAO 					FDIC	$723,630,000		No tech (apparently they're building?), awesome risk tolerance for crypto and consumer - won't ask a lot of questions. Rumors(?) they stopped onboarding new programs due to regulators.	Private Consent Order

Lincoln Savings Bank		Yes				Cash App (old), M1, Acorns, Qapital			www.mylsb.com		FDIC	$1,430,476,000	No

MCB	 	Yes				Jelli, NexsCard, SImba, Current, US Money, Stream, CashPass, MangoMoney, VamosPay, MeshPay, GroundSwell, Movo Cash, SplashWallet, Ternio Block, Revolut, Allegro, Get Juice, CapWay, Babu, SplashApp, more (google "Issued by Met Com Bank"), Crypto.com			www.mcbankny.com		FDIC	$5,785,488,000	No	Exiting fintech relationships in 2024 due to risk	Yes

Mid-Central National Bank						Jiko.io			www.midcentralbank.com		OCC	$140,899,000

MVB						CreditKarma, NYDIG, Acorns, FanDuel and DraftKings				x	FDIC	$2,741,773,000	No

NBKC						Acorns (new), Empower, Betterment, Joust, Spiral, Tend, Bella (RIP)			https://www.nbkc.com/		FDIC	$1,110,604,000	No

Northern Bank													No

Pathward (fka MetaBank)						NetSpend, MoneyLion, Porte					OCC	$7,054,979,000	No

Patriot Bank, N. A.		Yes				Lithic, Privacy					OCC	$962,807,000		Running a managed BaaS program with Lithic. OCC apparently all over them, and they're the next shoe to drop. 	Yes

Piermont Bank		Yes		No		TreasuryPrime, Unit, Zeta								Only accepting programs from companies with >$5m in assets	Yes

Lending Club						Point, Hatch, Braid, Brex (Old)					OCC	$3,357,898,000	No	Bought by LendingClub?

Regions Bank		Yes				Stripe, Fleetcor/Comdata		I believe Regions is out of the game (not adding new programs)			FDIC	$154,735,000,000	Yes

Republic Bank Chicago											FDIC	$2,598,886,000	No

Republic Bank Kentucky						FS Card  :(					FDIC	$6,175,649,000	No

Sillicon Valley Bank (Dead)		Sorta		Yes					https://www.svb.com/		FDIC	$161,200,274,000	Yes	Has Virtual Card API

SilverGate (DEAD)									https://www.silvergate.com/		FDIC	$12,297,193,000	No

Stearns Bank		Yes				Productfy, Taekus							No

Stride Bank		Yes		Yes		Chime (Credit), Lyft (driver), Cliq, WageCard, DasherDirect, BusyKid, Lime, PayForward, PAYFARE			https://stridebank.com/		OCC	$1,893,278,000	No

Sunrise Bank		Yes				myestatecard, orbis cards, Passbook by Remitly,  Self.inc (Lending), Trueconnectloan.com (Lending), True Link (Debit Card), Gift Rocket			sunrisebanks.com		OCC	$1,669,923,000	No

Sutton Bank		Yes		Yes		Cash App, Revolut (savings), Robinhood, Monzo, Cuentas, Instant.co, Expensify, Brex (old), Ramp, Albert, InComm, TeamPay, Marqueta, Upgrade, Charlie, Airbase	Galileo, Marqeta, Corecard, Qolo, i2c		suttonbank.com	tturmelle@suttonbank.com	FDIC	$779,162,000	No		Yes

TAB Bank		Yes		No		MissionLane, Sunbit, Snap Finance, EasyPay, FlexLending, Integra			https://www.tabbank.com/		FDIC	$1,330,884,000	No

UMB		Yes				Personal Capital, Brex, Meta	Fiserv (replacing with TSYS '23)		https://www.umb.com/	david.robinson@umb.com	OCC	$36,378,318,000	Yes	BaaS Partner with Sweep Offering

Vast Bank		Yes				Invstr, CoinBase			https://www.vast.bank/	Stephen Taylor - CIO	OCC	$827,700,000	No

Web Bank		Yes		Yes		Klarna, Zero, Petal, Lending Club, Mosaic, Toast, DigniFi, Avant, Gemini, Mission Lane, Build, Cleo, Collective, DigniFi, Gemini Card, iCreditWorks, Lane Health, OneMain Financial, Oportun, PayPal, Petal, Prosper, Reprise, Scratch, ZIP			https://www.webbank.com/		FDIC	$2,650,606,000	No

Wex		Yes							https://www.wexinc.com/			$9,227,610,000	Yes

Wilmington Savings Fund Society (WSFS)		Yes				ZenBanx :(			https://www.wsfsbank.com/		OCC	$15,109,649,000

fuzzeHead LLc									https://www.fuzzeheadme.com/