Thread Bank taps Finxact to power embedded banking growth

By Vriti Gothi

Thread Bank selects Finxact from Fiserv, Inc. as its core banking platform to build modern, scalable, and compliant embedded banking solutions that deliver value for partners, empower customers, and set a benchmark for innovation across the community banking sector.

By adopting Finxact, a cloud-native, real-time core with advanced data accessibility, Thread is positioning itself at the forefront of embedded finance. The platform’s API-first architecture and seamless integration capabilities provide the Bank with a robust, future-ready foundation for deposit and payments infrastructure. Combined with Fiserv’s deep expertise in compliance and financial services, the solution aligns with Thread’s strategy to accelerate growth and deliver customer-centric experiences.

To further enhance its digital banking ecosystem, Thread will integrate Infinant’s Interlace Platform as the embedded banking layer over Finxact’s API core. This integration enables Thread and its customers to access a modern user interface that unifies embedded and core banking capabilities with advanced payment processing. The result is a flexible, digital-first banking experience designed to meet the evolving needs of both partners and end customers.

“Our partnership with Fiserv and Infinant serves as a blueprint for community banks looking to innovate, drive new deposits, and ultimately thrive in an ever-changing landscape,” said Chris Black, CEO, President, and member of the Board of Directors of Thread. “We did extensive due diligence to find a core that could meet the breadth of our product requirements and deliver in a modern, compliant way. Ultimately, it became very clear to our team that Finxact was the best solution to meet those needs.”

“We’re energised to be working with Thread to pioneer a new vision for community banks, freeing them from geographic limitations by offering financial services through embedded partnerships,” said Sunil Sachdev, SVP and head of embedded finance at Fiserv. “Thread choosing Finxact as its core banking platform to scale its embedded banking offering for a broad range of customers demonstrates Finxact’s ability to support banking, payments and data at scale.”

The collaboration was facilitated by Bankers Helping Bankers, which played an instrumental role in aligning the strategic vision of Thread, Fiserv, and Infinant. This latest milestone follows the recent opening of Thread’s new corporate headquarters in Nashville, further reinforcing the Bank’s leadership in redefining the digital community banking model.