Mbanq secures inaugural institutional funding investment

Douglas Blakey

Fri, July 24, 2026 astatine 12:16 PM CDT 1 min read

US-based banking infrastructure and embedded concern company, Mbanq, has announced the inaugural organization concern into its recently launched backing programme from a starring Swiss backstage bank. According to Mbanq, the concern marks an important milestone successful the improvement of its organization backing capableness and supports the continued enlargement of the company's lending and Earned Wage Access (EWA) platform.
Earned Wage Access has go 1 of Mbanq's cardinal maturation areas. It enables banks, recognition unions, fintechs and endeavor organisations to connection employees liable entree to earned wages earlier payday. As request for these and different lending solutions continues to grow, the organization backing programme provides a scalable model done which Mbanq whitethorn entree backing to enactment portfolio growth.

"This inaugural organization concern represents an important milestone for Mbanq. It demonstrates assurance successful our semipermanent strategy and strengthens the fiscal infrastructure that supports our lending business. As request for Earned Wage Access and different lending solutions grows, we're investing successful the capabilities that alteration our clients to standard with confidence," said Vlad Lounegov, CEO of Mbanq. The programme has an aggregate capableness of up to $100m.

Founded successful 2016, Mbanq has operated profitably since 2019. It provides halfway banking technology, Banking-as-a-Service, Lending-as-a-Service, Compliance-as-a-Service, payments, paper issuing and embedded concern infrastructure to banks, recognition unions, fintechs and endeavor organisations worldwide.

"Mbanq secures inaugural organization backing investment" was primitively created and published by Retail Banker International, a GlobalData owned brand.