Glossary
BaaS (Banking as a Service)
A model where licensed banks expose banking capabilities to other companies via APIs, letting them embed accounts, cards, or payments.
Banking as a Service (BaaS) lets non-bank companies offer banking features by using APIs from licensed banks or providers.
With BaaS, teams can embed account opening, issuing cards, or payment rails into products without building their own core banking stack. It reduces compliance overhead and speeds up go-to-market for fintech features.