CBW Bank

What CBW Bank does

CBW Bank is a US-chartered community bank headquartered in Weir, Kansas, founded in 1892, that has repositioned itself as a Banking-as-a-Service (BaaS) sponsor bank for fintech companies. It provides embedded banking infrastructure — including deposit accounts, sponsor-bank compliance, and transaction settlement — to fintech and financial institution clients, generating revenue through licensing/service fees and transaction-based income. No public pricing details are disclosed.

The bank's strategic differentiator in 2026 is its role as a first-mover participant in Mastercard's regulated stablecoin settlement network (announced June 3, 2026). Through this integration, CBW enables issuers and acquirers to settle card transactions using regulated stablecoins — specifically USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD — across multiple blockchain networks including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL. The platform supports intraday, weekend, and holiday settlement outside traditional banking hours, addressing liquidity pressure faced by fintechs that historically had to maintain idle balances across markets.

CBW's go-to-market is entirely channel-partner driven: distribution flows through Mastercard's settlement infrastructure rather than direct sales, with operations currently covering the United States and Latin America and further geographic expansion planned through 2026. The bank is among 13 BaaS sponsor banks subject to industry-wide regulatory enforcement actions during the post-Synapse recalibration, and its ownership, headcount, and financial scale are not publicly disclosed. Leadership disclosed is Suresh Ramamurthi as Chairman and CTO.

Name

CBW Bank

Website

https://cbwpayments.com

Company type

Private

Founded year

1892

Operating status

Operating

Headcount range

11–50 employees

Short description

CBW Bank is a US-chartered BaaS sponsor bank that provides embedded banking infrastructure to fintechs and serves as a first-mover settlement partner in Mastercard's regulated stablecoin network across multiple blockchains.

Ownership category

akta.pro rank

Product category

Banking-as-a-Service (BaaS) Sponsor Banking

NAICS

Depository Credit Intermediation (5221), Credit Card Issuing (52221), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

National Commercial Banks (6021), Functions Related To Depository Banking, Nec (6099), Finance Services (6199), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro industry

PRIMARYFSAGALAA

BaaS Platforms & Sponsor Bank Enablement

Financial & Insurance/Financial Technology (Fintech)/Embedded Finance & Banking-as-a-Service (BaaS)

SECONDARYFSAPAIAJ

Enterprise Payments & Tokenized Money (stablecoins, tokenized deposits, CBDC rails)

Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)

SECONDARYFSADADAB

Tokenized Bank Deposit & Commercial Bank Money Issuers

Financial & Insurance/Crypto & Digital Assets/Stablecoins & Tokenized Fiat (Issuance & Infrastructure)

Keywords

• Banking-as-a-service
• Stablecoin settlement
• Embedded finance infrastructure
• Digital asset banking
• BaaS sponsor bank

Headquarters

HQ city

Weir

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. BaaS Infrastructure Services: CBW Bank provides Banking-as-a-Service infrastructure enabling fintech companies to offer embedded banking products, generating revenue through licensing and service fees from partner institutions.
2. Stablecoin Settlement Transaction Fees: Revenue generated from facilitating stablecoin settlements on behalf of issuers and acquirers within the Mastercard network, with support for intraday, weekend, and holiday settlements.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels1 record

Core offering

CBW Bank is a Banking-as-a-Service (BaaS) sponsor bank that provides banking infrastructure and embedded finance capabilities to fintech companies and financial institutions. Its flagship offering is participation in Mastercard's regulated stablecoin settlement network, enabling issuers and acquirers to settle card transactions using stablecoins such as USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD across multiple blockchain networks, with intraday, weekend, and holiday settlement outside traditional banking hours.

Product overview

CBW Bank is a Banking-as-a-Service (BaaS) sponsor bank that provides banking infrastructure and settlement services. The bank participates in Mastercard's stablecoin settlement network, enabling fintechs and financial institutions to settle card transactions using regulated stablecoins outside traditional banking hours. CBW Bank operates as part of the broader BaaS ecosystem, though specific named product modules or digital banking platforms are not detailed in the available source material.

Differentiator

Problem solved

Functional benefit

Products and services

• Stablecoin Settlement Services Settlement of card transactions using regulated stablecoins (USDC, PYUSD, USDG, USDP, RLUSD, SoFiUSD) across multiple blockchain networks including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL. Supports intraday, weekend, and holiday settlement outside traditional banking hours for issuers, acquirers, and fintechs.
• Banking-as-a-Service (BaaS) Sponsor Banking Infrastructure Sponsor bank infrastructure enabling fintech companies and financial institutions to offer embedded banking products, including deposit accounts, card programs, and payment services. CBW Bank absorbs regulatory, BSA/AML, and compliance onboarding responsibilities for partner fintechs.

Quantifiable outcome

• Settlement available on weekends and holidays outside traditional banking hours
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature2 records

Partnerships

Two partnerships are on record, tiered flagship and minor.

• MastercardflagshipTechnology or Integration · 3 June 2026CBW Bank is among the first participants in Mastercard's expanded settlement capabilities, enabling issuers and acquirers to settle card transactions using regulated stablecoins including USDC, PYUSD, USDG, USDP, RLUSD, and SoFiUSD. The partnership supports settlement across blockchain networks including Arbitrum, Base, Canton, Ethereum, Polygon, Solana, Tempo, and XRPL, with first deployments in the United States and Latin America expanding through 2026.
• BaaS Industry Participants (Synapse, Bond)minorOthersCBW Bank operates within the broader BaaS ecosystem alongside infrastructure providers including Synapse (which filed for bankruptcy amid disputes over missing customer funds) and Bond (acquired by FIS). These relationships are contextual rather than active partnerships.

Scale indicators1 record

Recent moves5 records

Expansion highlights3 records

Emerging players

• Ripple: Ripple issues RLUSD, one of the regulated stablecoins in CBW's settlement network, and operates the XRPL blockchain among those CBW supports. It is an emerging player that bridges payments and crypto infrastructure, overlapping with CBW's institutional settlement positioning.
• Paxos: Paxos issues PYUSD (PayPal's regulated stablecoin), one of the settlement assets supported on CBW's Mastercard integration. It is an emerging player with overlapping institutional stablecoin settlement ambitions.
• Circle: Circle is the issuer of USDC, one of the regulated stablecoins supported on CBW's Mastercard settlement integration. It is an emerging player with meaningful overlap because Circle's institutional settlement ambitions intersect directly with CBW's value proposition.

Direct peers

• Metropolitan Commercial Bank: Metropolitan Commercial Bank is a BaaS sponsor bank explicitly named alongside CBW Bank in the wave of BaaS regulatory enforcement actions. It is a direct comparable as a similarly-sized sponsor bank facing similar regulatory scrutiny.
• Evolve Bank & Trust: Evolve Bank & Trust is a BaaS sponsor bank that partnered with Synapse and was named alongside CBW in the BaaS regulatory enforcement actions. It is a direct comparable as a similarly-situated sponsor bank in the same regulatory cohort.
• Cross River Bank: Cross River is a leading BaaS sponsor bank that provides embedded banking infrastructure to fintechs. It is a direct comparable to CBW Bank in the BaaS sponsor bank category, with a deeper fintech roster and stronger technology brand.
• Linea Bank: Linea Bank is a BaaS sponsor bank named alongside CBW in the regulatory enforcement cohort. It is a direct comparable as a similarly-positioned sponsor bank serving fintech partnerships under heightened regulatory scrutiny.
• Blue Ridge Bank: Blue Ridge Bank is a BaaS sponsor bank explicitly named alongside CBW in the regulatory enforcement cohort. It is a direct comparable as a community-bank-origin sponsor bank facing the same compliance recalibration.

Broad incumbents

• Customers Bank: Customers Bank operates a large BaaS franchise through its BankMobile division and serves fintechs at greater scale than CBW. It is a broader incumbent comparable in the BaaS sponsor bank category with more diversified business lines.
• JPMorgan (Onyx/Kinexys): JPMorgan's Onyx/Kinexys division operates institutional blockchain-based settlement and tokenized deposit infrastructure. It is a broad incumbent that competes for the same institutional stablecoin settlement mandate CBW is pursuing, but at vastly greater scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/cbw-bank

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 CBW Bank