Mode Eleven

Banking-as-a-Service Platformmodeeleven.com

Mode Eleven is a pre-launch banking-as-a-service platform headquartered in Hulett, United States, intending to provide financial solutions to downstream customers. It currently operates only a placeholder website capturing pre-launch email interest.

Company typePrivate
Founded1984
HeadquartersHulett, United States
Headcount11–50
GTM typeB2B
OfferingSoftware

What Mode Eleven does

Mode Eleven is positioned as a banking-as-a-service (BaaS) platform intended to provide financial solutions to downstream customers, per its own short description. Operationally, the company is in pre-launch status: its website (modeeleven.com) currently displays only a "Launching Soon" placeholder with an email subscription form and a 2024 copyright notice. No specific products, services, modules, APIs, integrations, or pricing models are enumerated in the accessible source material, and no customers, partners, regulatory filings, or distribution channels have been disclosed.

The firm is reportedly based in Hulett, United States, has a stated headcount of 11-50, and the only identified member of leadership is Duc Trinh, serving as SVP, Head of Architecture and Engineering — a role consistent with platform construction rather than commercial operations. The company_type is listed as for-profit and its IPO status as private; no funding rounds, ownership structure, subsidiaries, or parent entities have been disclosed.

The revenue model, go-to-market motion, customer segmentation, and pricing mechanics are all undisclosed in the source material, and value proposition, differentiators, and quantifiable outcomes are explicitly marked as not disclosed given the pre-launch status. With no operating products, customer references, or capital-raise history in the data, the observable footprint is limited to a placeholder web presence and a small senior technical team; substantive evidence about business model execution does not yet exist.

Mode Eleven firmographics

Firmographics

Name: Mode Eleven
Legal name: Mode Eleven
Website: https://modeeleven.com
Company type: Private
Founded year: 1984
Operating status: Operating
Headcount range: 11–50 employees
Short description: Mode Eleven is a pre-launch banking-as-a-service platform headquartered in Hulett, United States, intending to provide financial solutions to downstream customers. It currently operates only a placeholder website capturing pre-launch email interest.
Ownership category
akta.pro rank

Mode Eleven industry classification

Industry

Product category: Banking-as-a-Service Platform
SIC: Services-Prepackaged Software (7372)
akta.pro primary industry: Embedded/Platform Neobanks (Banking-as-a-Feature) (FSABAFAF)
akta.pro secondary industries: Card Issuing & Program Management Platforms (BPAMAFAH), Open Banking, Account Aggregation & Payment Initiation APIs (BPAMAFAJ), Cards & Issuing Management (Debit/Prepaid/Credit, Program Management) (FSAGAAAE)

Keywords

Banking-as-a-service
Financial solutions
Embedded finance
Fintech platform
Payments infrastructure

Where Mode Eleven is headquartered

Location

Headquarters

HQ city: Hulett
HQ country: United States
HQ region: North America

Markets served

Mode Eleven business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Technology or R&D, Personnel, Operations

Marketing channels1 record

Mode Eleven product offering

Product offering

Core offering

Mode Eleven describes itself as a banking-as-a-service platform that provides financial solutions. The company is currently in pre-launch status, with its website displaying a "Launching Soon" placeholder and an email subscription form; no specific productized offerings, modules, or service tiers are publicly documented.

Product overview

Mode Eleven is a company currently in pre-launch status. The website displays only a coming-soon landing page with an email subscription form. No specific products, services, modules, or named offerings are described or enumerated on the accessible site content.

Differentiator

Problem solved

Functional benefit

Companies that use Mode Eleven

Customer profile

Ideal customer profiles1 record

Mode Eleven technology and API

Technology

Technology focussed Yes

API detail

Has API: No
API docs
API detail

Core technology

AI maturity

App detail

Mode Eleven partnerships and signals

Strategic signal

Recent moves3 records

Expansion highlights3 records

Mode Eleven competitors and assessment

Company assessment

Emerging players

Orum: Orum provides money-movement and payment-rail infrastructure targeting fintechs and banks, comparable to the payments-API layer that often sits within a BaaS stack.

Broad incumbents

Plaid: Plaid provides financial data connectivity and open-banking APIs used widely by fintechs. Comparable to the open-banking/API connectivity dimension of a BaaS platform, though broader in scope.
Marqeta: Marqeta is a public, established card-issuing and modern payment infrastructure platform. Comparable to the card-issuing and program management dimension of a BaaS offering, though broader in scale.
Galileo Financial Technologies: Galileo (a SoFi company) provides payment processing and BaaS infrastructure for accounts and cards. Comparable as a long-established, broader-platform incumbent in the embedded banking space.
Stripe Treasury / Stripe Issuing: Stripe offers Treasury (embedded banking-as-a-service) and Issuing (card programs) as part of a broader payments platform. Comparable as a large incumbent offering BaaS-style capabilities.

Direct peers

Unit: Unit is a leading embedded banking / BaaS platform that enables companies to embed financial accounts, cards, and lending. It is the closest direct peer to Mode Eleven's stated BaaS positioning.
Treasury Prime: Treasury Prime is a BaaS platform offering APIs for embedded banking, account opening, and payments with bank-partner integrations — a closely comparable offering to what Mode Eleven intends to provide.
Synctera: Synctera offers a BaaS platform connecting fintechs with sponsor banks for accounts, cards, and compliance. Highly comparable as a platform-style BaaS provider targeting embedded finance use cases.
Column (bank): Column provides a developer-facing platform bank with APIs for embedded accounts, payments, and card issuance — directly comparable in target customer (fintechs embedding banking) and platform architecture.
Lithic: Lithic provides APIs for card issuing and embedded banking infrastructure, directly comparable to the card/program management surface that BaaS platforms like Mode Eleven typically offer.

Market position

Strengths4 records

Weaknesses4 records

Key risks6 records

Key highlights4 records

Customer concentration

Mode Eleven financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Mode Eleven leadership team

Management profile

Number of profiles

Profiles1 record

Mode Eleven funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Mode Eleven M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Mode Eleven

What does Mode Eleven do?

When was Mode Eleven founded?

Mode Eleven was founded in 1984. It employs 11 to 50 people.

Where is Mode Eleven based?

Mode Eleven is headquartered in Hulett, United States, in the North America region.

Who are Mode Eleven's main competitors?

Orum is listed as an emerging player. Broad incumbents are Plaid, Marqeta, Galileo Financial Technologies and Stripe Treasury / Stripe Issuing. Direct peers are Unit, Treasury Prime, Synctera, Column (bank) and Lithic.

Does Mode Eleven have an API?

No public API is recorded for Mode Eleven.

What industry is Mode Eleven in?

Mode Eleven's product category is Banking-as-a-Service Platform. Its primary akta.pro industry code is FSABAFAF, Embedded/Platform Neobanks (Banking-as-a-Feature), with a secondary code of BPAMAFAH, Card Issuing & Program Management Platforms. Its SIC code is 7372.