Banking as a service

Tearsheet’s Embedded Conference Preview: Ahon Sarkar, Cambr

  • Cambr marries StoneCastle's banking deposit network with Q2's banking technology.
  • VP Ahon Sarkar is speaking at Tearsheet's Embedded Conference.
close

Email a Friend

Tearsheet’s Embedded Conference Preview: Ahon Sarkar, Cambr

Cambr’s Ahon Sarkar is one of our speakers at Embedded, our first-of-its-kind conference on Embedded Finance. Finance is spreading to every industry and every app. To keep the conversation and networking levels high, we’ve limited the number of seats to 100. Secure your spot.

The genesis story: Cambr was born out of a partnership between StoneCastle and Q2. StoneCastle runs a deposit network of 800 community banks around the U.S. Q2 is a publicly traded fintech that serves community banks with banking technology.

Cambr’s Ahon Sarkar

“When we looked at all the different things needed to create a retail banking solution — core banking technology, a bank license, a whole host of vendors, regulatory — there wasn’t a full-stack solution for customers to do this quickly,” said Ahon Sarkar, vice president of product and strategy at Cambr.

What it does: Cambr married StoneCastle’s deposit network, Q2’s core processing system called Core Pro, a handful of strategic bank relationships and integrated in everything from KYC to debit card processing with the goal of being the full stack toolkit. “With Cambr, you can build innovative financial products while supporting hundreds of community banks nationwide,” said Sarkar.

How Cambr differentiates itself: One outstanding piece of the Cambr offering is StoneCastle’s Deposit Network, which allows Banking as a Service clients to solve for scale while maximizing deposit yield. See Tearsheet’s Banking as a Service Buyers Guide to read more about Cambr. Cambr’s relationship with Q2 is also a differentiator. Unlike other middleware solutions offered by some BaaS providers, Q2 rebuilt CORE banking technology, providing benefits like speed, flexibility, and cost cutting.

Current clients: Cambr prefers to work with non-bank customers trying to build banking services into their product. Cambr powers recently-launched offerings from leading fintech firms Credit Karma and Betterment.

Hear from Cambr’s Sarkar, as well as executives from other leading Embedded Finance companies like Finix, MX, Synapse, and Marqeta. Get tickets here.

0 comments on “Tearsheet’s Embedded Conference Preview: Ahon Sarkar, Cambr”

Banking as a service

Synctera is creating a marketplace model for its banking as a service platform

  • New BaaS firm Synctera is differentiating itself from competitors by giving fintechs options from more than one bank.
  • Still, platform risk could slow the company’s progress.
Rivka Abramson | July 07, 2021
Banking as a service

Rapyd and Cross River both launch new corporate venture arms

  • Rapyd Ventures and Cross River Digital Ventures will invest in early and growth stage startups.
  • Venture arms allow both the fintech and the bank to strategically invest in underdeveloped sectors.
Shehzil Zahid | July 02, 2021
Banking as a service

Download Tearsheet’s Buyers Guide to Banking as a Service 2021

  • Banking as a service offerings are helping top brands offer banking products and services to their customers.
  • Tearsheet's 2021 Guide to Banking as a Service looks at the top players in the market.
Tearsheet Editors | May 07, 2021
Banking as a service, Member Exclusive

‘Challenger banks aren’t challenging anything’: Agora’s Arcady Lapiro on launching a new banking as a service platform

  • There are more digital options for teen banking and SMB banking.
  • Agora's banking as a service platform wants to power those offerings for community banks and credit unions.
Zachary Miller | January 12, 2021
Banking as a service, Member Exclusive

Launching with over 100 clients, Galileo’s Instant helps businesses pay gig workers

  • After beta launch of Instant last year, Galileo has seen strong interest in its new solution.
  • Instant enables business to launch a debit card really quickly.
Zoe Murphy | June 26, 2020
More Articles