Miden said it acquired a Tier-1 Microfinance Bank, expanding its embedded banking and payment stack.
SourceCard issuer processor and banking stack for businesses in Sub-…
Public company, workplace, funding, and market signals
Updated Jul 29, 2026
Miden is a B2B payments infrastructure company for enterprises in Africa and beyond, offering a developer-first payment operating system that unifies card issuing, banking, disbursements, accruals, treasury, and reconciliation. Public evidence shows it was incorporated in October 2022, while YC/LinkedIn list it as founded in 2023.
Primary product
Payment operating system / modern payments infrastructure for enterprises (card issuing, banking stack, global treasury, accruals/disbursements, core banking)
Founded
2022
Headquarters
Lewes, Delaware, United States
Team size
20
Work style
Flexible
Industry
Software Development
Sub-industry
Payments infrastructure / fintech infrastructure
0 jobs at Miden
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Offices
Business model
Leadership
CEO & Co-Founder
CTO & Co-Founder
Co-Founder & Chief Operations Officer
Head of Products
Head of Business Development & Partnerships
Investors
Mission-driven and customer-first, with an emphasis on innovation, synergy, integrity, and mutual respect. Public hiring copy also signals a remote-friendly, high-autonomy culture.
Work style
Flexible
Compensation
No public salary bands found. Public hiring copy signals competitive pay, an annual performance bonus, and a learning-and-development budget, alongside a remote-friendly, high-autonomy environment.
Benefits
Pricing
Quote-based enterprise pricing with transaction fees plus subscription/usage-based fees
Differentiators
Technology
Customers
Competitors
Estimated revenue
~$1.7M–$2.7M ARR (third-party estimates; 2025–2026)
Estimated monthly visits
8.7K
Miden said it acquired a Tier-1 Microfinance Bank, expanding its embedded banking and payment stack.
SourceTechCabal highlighted sector risk around chargeback fraud and FX volatility in virtual cards; the article also referenced Union54’s shutdown after an attempted $1.2B chargeback fraud as context for the market.
SourceMiden LinkedIn · Jul 2026
Company update noting a CSR partnership and academic sponsorship for 30 students, with a Business Day feature.
TechAfrica News · Mar 2026
Covers the same Tap-to-Pay launch and Miden's consolidation of card issuing, accruals, disbursements, and global payments.
TechCabal · Mar 2026
Explains Miden's unified payments stack and how Tap-to-Pay fits into the company’s all-in-one infrastructure strategy.
Miden blog · Mar 2026
Official launch of Tap-to-Pay, adding NFC/contactless support and digital-wallet integration (Apple Pay, Google Pay, Samsung Pay) to Miden's card stack.
TechCabal · Feb 2024
Earlier coverage of Miden's virtual-card API, early traction, monetization, and the market risks it faces.