Banking-as-a-Service is a model where a licensed bank opens its infrastructure to third parties through APIs, letting non-bank companies offer FDIC-insured accounts, debit cards, ACH transfers, and lending products under their own brand. The bank holds the charter and regulatory…
BaaS pricing follows four knowable structures: a recurring platform fee, a per-account charge, transaction-level fees, and an interchange revenue split. Most platforms combine two to three of these into a contract. Monthly minimums typically run between $1,000 and $25,000. Interchange…
A sponsor bank is a chartered bank that partners with a fintech company to provide the regulatory infrastructure required to offer financial products. The bank holds the licenses, maintains FDIC insurance or network membership, and bears regulatory accountability for the…
For most teams launching a card program, the Marqeta vs Lithic vs Stripe Issuing decision breaks down cleanly by stage: Stripe Issuing handles the MVP, Lithic handles the scale-up, and Marqeta handles the enterprise. Stripe’s tight platform integration and zero…
Banking-as-a-service economics sit at the intersection of revenue share, regulatory overhead, and operational cost , and the gap between what a pricing sheet shows and what a program actually costs is where most operators get caught. BaaS is a business…
