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Guide | How to Go Direct to a Sponsor Bank

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Trying to decide whether you should work with a sponsor bank directly?

If you have an existing program in market, or are launching a new one, perhaps you’ve decided that owning your relationship with your sponsor bank— i.e. “going direct” to a bank—is better than working with a program manager.

But going direct to a bank also comes with responsibilities, and you need to find a sponsor bank that’s interested in what you have to offer.

We’ve talked to dozens of sponsor banks about what they’re looking for in a fintech partner—and put together this guide so that you can go direct to a sponsor bank, prepared.

Our Sponsor Bank guide covers:

  • Whether you're ready to go direct
  • Three types of sponsor banks
  • Finding your best bank match
  • How to go direct to a sponsor bank
  • Best practices for working with banks

“Lithic has been a best-in-class partner. They’ve been reliable, intuitive, and customer-focused, and their modular approach has enabled us to handle scale with ease. All of that has meant using Lithic for new card products was an easy decision.”

catherine-unertl

Catherine Unertl
Head of Financial Partnerships at Mercury

We’re powering card payments and money movement for some of the world’s leading products. Simply and reliably.