Welcome to Straddle
We’re here to help you build better bank payments.
Straddle is a unified platform for building modern account-to-account payment experiences.
Onboard and verify customers, connect to their accounts, and get paid faster. Trade in your messy payments stack for Straddle – where everything is built to work together.
Core Functionality
Identity First
Onboard and verify individual or business customers in less than a second using with Straddle Identity, a graph-defined identity engine built-in to your Straddle account.
Powered by Open Banking
Connect customer identity to open banking data via Bridge, Straddle’s “no-code” widget, or use existing tokens from providers like Mastercard (Finicity), Plaid, and MX.
Pay by Bank
All payments are protected with built-in balance confirmation and real-time fraud detection through Watchtower, Straddle’s transaction monitoring risk engine.
Faster Money Movement
24-hour direct debit funding, with payouts via dynamic multi-rail orchestration across ACH, RTP, and FedNow (coming soon).
Compliant by Default
Integrated KYC, watchlist screening, and transaction monitoring ensure robust compliance without engineering overhead
Built for you
A single, secure API stack that simplifies complex infrastructure into easy-to-implement code.
How’s it work?
Here’s a high-level overview of how Straddle works:
Create a customer
Use Straddle’s API to create a customer profile. Straddle automatically scores multi-dimensional risk and compliance signals.
Get a token
Once a bank account is connected, a paykey is created and returned to your application. A paykey is a secure token linking the verified identity to the bank account. This is actually pretty cool technology: learn more.
Pay by bank
Use the paykey to initiate charges or payouts through Straddle’s API, benefiting from built-in balance verification and fraud prevention. Returning customers skip right to this step!
Core Products
Straddle offers several core products that are designed to work together:
Identity
Identity
Straddle Identity is the foundation of our platform, providing robust customer management and identity verification features:
- Instant onboarding and verification of individual or business customers
- Utilizes Straddle ID, a graph-defined identity engine
- Integrated KYC and AML compliance checks
- Manages customer profiles, including contact information and payment preferences
- Real-time fraud detection through Watchtower, our transaction monitoring risk engine
Bridge
Bridge
Straddle Bridge is our account connectivity suite that securely links users to their financial accounts:
- Offers a drop-in open banking widget connecting to 90% of US bank accounts
- Supports existing third-party tokens from providers like Plaid, MX, and Mastercard (Finicity)
- Provides API-based bank account verification for “out of network” banks
- Generates Paykeys, secure tokens linking verified identities to payment methods
- Enables balance checks and account information retrieval
Bridge also supports manual entry of routing and account numbers. This feature is particularly useful for existing customers or in situations where an open-banking connection isn’t possible. It ensures that you can create Paykeys and process payments even when direct bank connectivity isn’t available or preferred.
Pay by Bank
Pay by Bank
Straddle Pay by Bank is our unified payment processing solution:
- Uses Paykeys generated by Bridge to initiate charges or payouts
- Supports various payment rails including ACH, RTP, and FedNow (coming soon)
- Provides built-in fraud detection and compliance checks for all transactions
- Enables 24-hour direct debits with built-in balance and risk scoring
- Offers a simple API for initiating and managing payments
Embed
Embed
Straddle Embed is our solution for platforms, allowing them to offer Straddle’s capabilities to their own users:
- Purpose-built API stack for software providers, marketplaces, and payment facilitators
- Allows platforms to extend and monetize Straddle’s payments infrastructure
- Provides white-label solutions for identity verification, account linking, and payment processing
- Handles regulatory compliance, reducing liability for platforms
- Offers flexible integration options to suit various platform architectures
These core products work seamlessly together, enabling you to quickly implement sophisticated payment functionality, reduce fraud, and provide a seamless experience for your users.