How Stakk’s Deal with Stride Bank Deepens Its U.S. Fintech Footprint

Strategic Partnership with a Trusted U.S. Bank

Stakk Limited, an Australian fintech infrastructure provider, has announced a significant multi-year Master Service Agreement with Stride Bank, a century-old financial institution based in Enid, Oklahoma. With $4.6 billion in assets, Stride Bank is a respected player in middle America, serving rural communities and local enterprises for over 110 years. This partnership marks a pivotal expansion of Stakk’s U.S. banking footprint, leveraging Stride’s reputation and fintech sponsorship role to build trust and credibility in the American market.

Enhancing Embedded Finance Across Diverse Sectors

Stride Bank is known for powering several high-profile fintech programs, including deposit accounts and card issuance for brands like Chime, Affirm, and Stash. While Stakk’s services will not directly interface with these fintechs, the association underscores the quality and maturity of Stride as a client. Stakk’s technology, particularly its Stakk IQ™ platform featuring mobile image capture, OCR, risk intelligence, and document orchestration, will enhance deposit and payment acceptance capabilities for Stride’s broad customer base.

Momentum Beyond Major Brands

This deal complements Stakk’s recent wins with notable U.S. companies such as SoFi, Robinhood, T-Mobile, and H&R Block, demonstrating the company’s ability to secure contracts across a wide spectrum of financial services; from community banks to global fintech giants. The Stride Bank agreement is strategically important as it diversifies Stakk’s client base and reinforces its embedded-finance operating system as a foundational infrastructure provider.

Accelerating Revenue Growth

Stakk’s annualised recurring revenue (ARR) is accelerating rapidly, having already surpassed the previously projected $8 million milestone ahead of schedule. The addition of Stride Bank contributes to this momentum, providing a steady revenue stream from a trusted institution with deep roots in the U.S. financial landscape. Chairman Nikhil Ghanekar highlighted that every contract, regardless of size, compounds to strengthen the company’s position and energise its shareholder base.

Looking Ahead

With multiple U.S. opportunities advancing, both organically and through potential acquisitions, Stakk is well-positioned to continue its growth trajectory. The company’s focus on delivering essential, behind-the-scenes infrastructure to banks, fintechs, and enterprises alike is proving to be a winning formula in a competitive market.