Mbanq, the U.S.-based BANKTECH and embedded finance company that has operated profitably since 2019, has announced the inaugural institutional investment into its newly launched funding programme, made by a leading Swiss private bank, with the programme carrying an aggregate capacity of up to $100 million. The investment supports the continued expansion of Mbanq’s lending and Earned Wage Access (EWA) platform, one of the company’s fastest-growing product lines, which enables banks, credit unions, fintechs, and enterprise organizations to offer employees responsible access to earned wages before payday. Founded in 2016 and recently listed on the Dusseldorf Stock Exchange, Mbanq provides core banking technology, Banking-as-a-Service, Lending-as-a-Service, Compliance-as-a-Service, payments, card issuing, and embedded finance infrastructure globally.

Mbanq Secures Inaugural Institutional Funding Investment