Banking as a Service Technology Providers
Q2 Open
We’re a little biased here, since our founder sold a company to Q2 Holdings, but Q2’s Open Banking platform is widely regarded as one of very best.
Among the products they offer are CorePro, and Biller Direct / CardSwap. CorePro is a cloud-based light-weight core that can facilitate anything from a simple FBO deposit account, to a debit card program. Once a depository account is established, customers of Q2 Open then use Biller Direct / CardSwap to monetize payment activity.
Sallie Mae and Qapital are among the customers using the Q2 Open platform.
Galileo
One of North America’s top payments processors and program managers, Galileo is a fantastic company that powers some of the best FinTechs in the world.
Galileo offers a slew of services, but is most commonly known for their work supporting debit, credit, prepaid, commercial and virtual cards. Some of their notable clients include Varo and Interactive Brokers.
synapsEfi
SynapseFI is enabling FinTechs to get up and running quickly with cards, savings, and loan products. They also enable ACH payments and wire transfers. They’ve processed over $10 billion in deposits, and have on-boarded over 1.8 million end users.
Bond
Bond is a relatively newer entrant into Banking as a Service space. At least one of the founding members came from SynapseFI and has a bunch of experience in the space. While it’s still early days, we’re excited to see what Bond develops and brings to market.
If you’re evaluating any of the above Banking as a Service technology vendors you’re welcome to reach out to us. We’re happy to discuss what you’re trying to accomplish and help you find the right fit.
Content for this page was contributed by Jordan Wright - our founder. You can connect with him on LinkedIn here.