The Technical Architecture Behind Successful Banking-as-a-Service Platforms
The Banking-as-a-Service market reached $23.6 billion in 2025 and projects to $116.4 billion by 2034, representing an 18.3% compound annual growth rate according to Straits Research. This explosive expansion reflects a fundamental restructuring of financial infrastructure, where licensed banks expose core capabilities through secure APIs, enabling non-bank companies to offer banking products without holding banking charters.