Lead Bank
US · Kansas City, Missouri · FDIC (Missouri state-chartered)
Lead Bank is a Bank based in US (Kansas City, Missouri), regulated by FDIC (Missouri state-chartered). The institution operates an active Banking-as-a-Service program, launched in 2022.
Lead Bank supports the following products and services: Accounts, Cards, Lending, Payments, Crypto. The bank serves customers across US.
Notable fintech partners include Affirm, Visa, Stripe (stablecoin card platform April 2025).
- Products Supported
- AccountsCardsLendingPaymentsCrypto
- Geographies Served
- US
- Charter / Regulator
- FDIC (Missouri state-chartered)
- API Standards
- REST API
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2022
Affirm, Visa, Stripe (stablecoin card platform April 2025)
None confirmed active
Acquired by Jackie Reses (ex-Square) for $56M in 2022. 47B valuation (Sept 2025). Forbes Fintech 50 in 2024/2025.
748B assets. Rapidly growing.
Lead Bank Raises $70M Series B at $1.47B Valuation
Lead Bank closed a $70 million Series B round on Sep 4, 2025, reaching a $1.47 billion post-money valuation. New investors ICONIQ and Greycroft joined existing backers Ribbit Capital, Coatue, Khosla Ventures, Andreessen Horowitz, and Zeev Ventures.
Branch Launches Branch Embedded for Workforce Payments and Banking
Branch launched Branch Embedded, a fintech platform providing pre-built embedded banking accounts, cards, and payments for workforce and gig economy use cases. The platform enables vertical SaaS platforms and gig marketplaces to integrate Earned Wage Access, 1099 payouts, and paycard options. Banking services are powered by Evolve Bank & Trust and Lead Bank.
Branch Partners with Lead Bank to Expand Workforce Payments Platform
Branch added Lead Bank as a new strategic banking partner and card issuing sponsor for its workforce payments platform. Lead Bank, a state-chartered FDIC member bank with a BaaS platform, will support Branch's digital banking accounts, debit cards, and white-label payment products. The partnership enables Branch to scale across hospitality, gig platforms, staffing, construction, logistics, and agriculture.
Lead Bank Acquired by Luna Parent to Expand Fintech BaaS Services
Kansas City-based Lead Bank, a known fintech sponsor bank, agreed to be acquired by Luna Parent Inc., led by fintech executive Jacqueline Reses. The deal aims to expand Lead Bank's fintech banking-as-a-service capabilities. This represents a significant move by a fintech-experienced leader to scale sponsor bank infrastructure.