Increase launches regulated bank offering core banking + APIs to help fintechs build finan

Increase launched a new product on July 29, 2026.

Primary

Increase

Date

July 29, 2026

Sub-sector

PAD/ACH & Bank Rails

A fintech-friendly bank infrastructure provider becoming a regulated bank signals consolidation of banking-as-a-service competition and creates a new direct competitor for embedded finance and neobank founders. Sub-$250M fintechs relying on third-party banking infrastructure need to reassess partnership risk and pricing leverage.

Primary company

Increase

Counterparty

Not disclosed

Amount

Not disclosed

Event date

July 29, 2026

Sub-sector

PAD/ACH & Bank Rails

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PYMNTS

Source: pymnts.com