What BankSocial does

BankSocial, operated by Texas-incorporated Fivancial Inc., is a fintech infrastructure platform founded in 2021 and headquartered in Dallas that sells embedded finance, payments, investing, and fraud-prevention technology to community financial institutions, primarily credit unions. The platform is built on a modular architecture of four core products — Prospera (wealth and crypto trading), Remint (payment orchestration across FedNow, RTP, SWIFT, ACH, and stablecoin rails), Secura (AI-driven fraud detection and recovery backed by Chainalysis and TRM Labs), and Verifiied (identity verification) — delivered through four experience layers: a consumer Digital Wallet, the employee-facing Nuron Orchestrator, the Axon API microservice layer, and the Fivancial CUSO services company. The technical stack connects credit union core systems (Jack Henry, FIS, Fiserv, Corelation, CU*BASE) and digital banking platforms (Alkami, Q2, Banno) to real-time payment rails, blockchain networks, and AI-powered security, with BankSocial operating as an Official Jack Henry Plugin Provider and an RTP/FedNow network provider.

The company monetizes through a hybrid of per-transaction fees on payments, card interchange from the Carbon Card debit program, recurring subscription and licensing fees for the Nuron, Axon API, and Secura products, and trading fees/spreads on Prospera. Go-to-market combines direct enterprise sales to credit unions and regional banks with embedded distribution through core banking partners and a community-led BSL DAO governance model engaging crypto-native members. As of the most recent disclosed scale, the platform had onboarded 7 depository institutions reaching over 80 million credit union consumers, held SOC 2 Type II certification alongside GLBA, GDPR, CCPA, PIPEDA, and BSA/AML compliance, and was extending national coverage across all 50 states under a 2026 roadmap.

Name

BankSocial

Legal name

Fivancial Inc.

Website

https://banksocial.io

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

11–50 employees

Short description

BankSocial, operated by Fivancial Inc., provides embedded payments, investing, identity, and fraud-prevention infrastructure for community financial institutions, primarily credit unions, through modular products integrated via core banking partners like Jack Henry, FIS, and Fiserv.

Ownership category

akta.pro rank

Product category

Embedded Finance Infrastructure

NAICS

Credit Card Issuing (52221)

SIC

Finance Services (6199)

akta.pro primary industry

Embedded Deposit Accounts & Digital Wallet Infrastructure (FSAGALAE)

akta.pro secondary industries

Tokenization, Network Vaults & Credential Management (FSAGABAF), Account Aggregation & Connectivity (Multi-bank linking) (FSAGACAA)

Keywords

• Payment orchestration
• Embedded finance
• Fraud prevention
• Digital banking platform
• Identity verification

Headquarters

HQ city

Dallas

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Infrastructure, Operations, Marketing or Sales, Supply Chain

Revenue model

1. Transaction Fees: Fees charged per transaction processed through the payment orchestration platform, including RTP, FedNow, wire, ACH, and cross-border SWIFT transactions. Revenue scales with transaction volume processed for credit union clients.
2. Subscription and Licensing: Recurring subscription fees from financial institutions for access to the Nuron Orchestrator platform, Digital Wallet, Axon API, and fraud prevention services. Pricing varies based on institution size and products implemented.
3. Trading Fees (Prospera): Transaction fees and spreads generated through cryptocurrency and stock trading on the Prospera wealth platform offered to credit union members.
4. Interchange Revenue (Carbon Card): Interchange fees earned from the Carbon Card debit card program, shared with issuing credit unions, based on transaction volume.

Pricing tiers

Go-to-market motion5 records

Distribution channels4 records

Marketing channels6 records

Core offering

BankSocial provides a unified programmable financial infrastructure platform for community financial institutions (credit unions and community banks), embedding modern payment orchestration, digital wallets, wealth/investing, fraud prevention, and identity verification capabilities into existing core banking and digital banking systems. The platform is delivered through the Axon API microservices layer and offered as a modular product suite (Prospera, Remint, Secura, Verifiied) with experience layers (Digital Wallet, Nuron Orchestrator, Fivancial CUSO) enabling financial institutions to compete with fintechs without replacing legacy cores.

Product overview

BankSocial is a comprehensive financial technology platform providing a unified programmable financial infrastructure ecosystem for community financial institutions (banks and credit unions). The platform operates on a platform-plus-modules architecture with four core products (Prospera for investing, Remint for payments, Secura for fraud/security, Verifiied for identity verification) delivered through four experience layers (Digital Wallet for consumers, Nuron Orchestrator for employees, Axon API for custom builds, Fivancial CUSO for outsourced operations). The ecosystem also includes a Web3/DeFi component with the BSL DAO governance token, self-custody wallet, Carbon Card, and crypto exchange. BankSocial integrates with major core banking platforms (Jack Henry, Fiserv, FIS) and digital banking providers (Alkami, Q2, Banno) while connecting to payment rails (FedNow, RTP, SWIFT, ACH) and card networks (Visa, Mastercard).

Differentiator

Problem solved

Functional benefit

Brands

• Prospera: Wealth creation platform for stocks, crypto, and digital assets management
• Remint
• Secura
• Verifiied
• Nuron Orchestrator
• Fivancial CUSO
• The Collective
• Converge Accelerator

Products and services

• Prospera Wealth creation platform enabling consumers to trade stocks, ETFs, cryptocurrencies, and digital assets with robo-advisory, paper trading, market news, and DeFi connectivity. Embeddable in digital banking experiences for credit union members.
• Remint Payment orchestration layer handling real-time payments (FedNow, RTP), international transfers, stablecoins, and traditional rails, including instant-issue card capabilities, QR code payment requests, and cross-border FX through one unified interface.
• Secura Fraud mitigation and recovery platform providing bank-grade security, transaction tracing, AI-powered fraud detection, AI copilots, and enterprise-grade hardened wallet infrastructure for financial institutions and their members.
• Verifiied Identity verification and account opening platform enabling sub-90-second account opening with ID scanning, facial recognition, biometric gating, and portable digital identity that works across all BankSocial products.
• Digital Wallet Consumer-facing unified experience delivering Verifiied, Prospera, Remint, and Secura. Deployable as standalone app or embedded into existing digital banking stack, including self-custody wallet with Carbon Card support.
• Nuron Orchestrator Employee orchestration layer for servicing, approvals, and risk operations with an AI-powered command center offering real-time dashboards, workflow automation, and intelligent decision support.
• Axon API Microservice API layer providing composable microservices, flexible endpoints, comprehensive documentation, SDKs, webhooks, and sandbox environments. Enables custom builds and white-label customization for financial institutions.
• Fivancial CUSO Full-service CUSO providing compliance, operations, consumer services, and back-office support for financial institutions, allowing FIs to outsource or enhance operations through BankSocial.
• Carbon Card Modern payment card featuring instant issuance, mobile wallet integration, and built-in fraud protection. Available to community members through the self-directed wallet, generating interchange revenue shared with issuing credit unions.
• Secura Recovery Crypto enforcement and recovery network for stolen NFTs, drained DeFi wallets, and cross-chain exploits. Combines blockchain analytics with an investigative team including experts from the FBI and U.S. Secret Service to trace and recover stolen assets across 40+ blockchains.
• BankSocial Exchange Non-custodial exchange for U.S. and Canada enabling trading of cryptocurrencies and digital assets. BankSocial is recognized as the largest non-custodial exchange for credit unions.
• rUSD (Remint USD) Stablecoin GENIUS Act compliant stablecoin providing programmable financial infrastructure enabling instant settlement and tokenized settlements across payment rails.

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

AI capability7 records

Feature6 records

Partnerships

16 partnerships are on record, tiered flagship and core.

• Jack HenryflagshipTechnology or IntegrationBankSocial is an Official Plugin Provider within Jack Henry's Developer Extras program. The partnership embeds BankSocial's payment orchestration and digital services into the Banno digital banking platform, enabling credit unions on Jack Henry systems to access real-time payments, digital wallets, and fraud prevention.
• FIScoreTechnology or IntegrationIntegration partnership enabling BankSocial's services to connect with FIS core banking systems used by credit unions and banks.
• FiservcoreTechnology or IntegrationIntegration partnership enabling BankSocial's platform to work with Fiserv core banking infrastructure serving financial institutions.
• CorelationcoreTechnology or IntegrationCore banking integration partnership with Corelation, a provider of core processing solutions for credit unions.
• CU*BASEcoreTechnology or IntegrationIntegration with CU*BASE core banking platform, serving credit union CUSOs and their member institutions.
• AlkamicoreTechnology or IntegrationDigital banking platform integration partnership with Alkami, enabling embedded BankSocial services within Alkami's digital banking solutions.
• Q2coreTechnology or IntegrationIntegration with Q2's digital banking platform, expanding distribution of BankSocial's payment and wallet services.
• BannocoreTechnology or IntegrationBanno is a digital banking platform owned by Jack Henry; BankSocial operates as an Official Plugin Provider embedding services into the Banno platform.
• Federal ReserveflagshipTechnology or IntegrationBankSocial connects to FedNow, the Federal Reserve's instant payment service, enabling real-time payments for credit union clients.
• The Clearing HouseflagshipTechnology or IntegrationBankSocial connects to RTP (Real-Time Payments) network through The Clearing House, enabling instant domestic payments for credit unions.
• NACHAcoreTechnology or IntegrationBankSocial is a member of NACHA's Payments Innovation Alliance, participating in the development of standards and innovation for ACH payments and payment networks.
• SWIFTcoreTechnology or IntegrationBankSocial connects to SWIFT for cross-border payment messaging and international wire transfers, enabling global payment capabilities for credit unions.
• VisacoreTechnology or IntegrationCard network partnership enabling debit card processing and the Carbon Card program for credit unions.
• MastercardcoreTechnology or IntegrationCard network partnership for debit card processing and payment acceptance.
• ChainalysiscoreTechnology or IntegrationPartnership for blockchain analytics and compliance tools within the Secura fraud prevention platform, enabling transaction monitoring and suspicious activity detection for digital assets.
• TRM LabscoreTechnology or IntegrationPartnership for blockchain intelligence and anti-money laundering capabilities integrated into the Secura fraud prevention platform, providing real-time transaction screening and recovery services.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Alkami Technology: Alkami is a leading digital banking platform serving US credit unions and community banks with a similar value proposition of modern consumer and employee digital experiences. It is the closest direct competitor to BankSocial in digital banking for community FIs, overlapping across Digital Wallet, Verifiied, and embedded finance modules.
• Bankjoy: Bankjoy provides digital banking, online account opening, and lending solutions for community banks and credit unions. It competes with BankSocial's Digital Wallet, Verifiied, and Axon API offerings for the same community FI customer base.
• Tyfone: Tyfone delivers digital banking and payments technology tailored to credit unions, including mobile banking, card management, and identity solutions. It directly overlaps with BankSocial's Digital Wallet, Secura, and payment orchestration capabilities and is also a listed BankSocial integration partner.
• Candescent: Candescent provides digital banking software and services to credit unions, including online and mobile banking platforms. It serves the same vertical with overlapping digital experience offerings and is a BankSocial integration partner.
• Dwolla: Dwolla is a payment infrastructure platform that enables financial institutions and fintechs to integrate ACH, real-time payments, and bank-to-bank transfers via APIs. It directly competes with BankSocial's Remint and Axon API payment orchestration layer for the same FI customer base.
• Synctera: Synctera provides embedded banking infrastructure (BaaS) for community banks and fintechs, enabling sponsor banks to launch digital banking products. It overlaps with BankSocial's embedded finance and wallet infrastructure targeting community FIs.

Broad incumbents

• Jack Henry & Associates: Jack Henry is a major core banking and digital banking (Banno) provider to thousands of US credit unions and community banks. It is simultaneously a flagship distribution partner of BankSocial (via Developer Extras) and a broad incumbent whose expanded digital features compete with BankSocial's modular products.
• Q2 Holdings: Q2 provides digital banking and lending solutions to banks and credit unions through its Q2 Digital Banking Platform. It serves overlapping customer segments and competes across digital experience layers with BankSocial while also being a BankSocial integration partner.
• FIS: FIS is a global financial technology provider offering core banking, payments, and digital banking solutions. As a BankSocial integration partner and incumbent competitor, FIS overlaps significantly in payment processing and digital banking capabilities.
• Fiserv: Fiserv is a major financial services technology provider offering core banking, payments (Clover), and digital banking solutions. As a BankSocial partner and incumbent competitor, Fiserv's broad portfolio overlaps across the same fintech categories.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xtwitter.com/banksocial
• YouTubeyoutube.com/banksocial
• LinkedInlinkedin.com/company/banksocial

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BankSocial