How Embedded Finance Infrastructure Fueled 2x Growth in Six Months

Key takeaways

• SlipStream Financial replaced a fragmented payment setup with a fully integrated infrastructure.
• Priority’s Passport platform made implementation fast, simple, and scalable.
• Embedded finance helped unlock larger, more sophisticated client opportunities.
• The right infrastructure enabled SlipStream to grow 2x in just six months.

The Challenge: Disconnected Payment Infrastructure

Growing a fintech business is hard enough without having to stitch together disconnected banking systems. At SlipStream Financial, managing payments across multiple accounts and providers was slowing the company down until they found a better way. With embedded finance infrastructure from Priority, they were able to simplify payments, scale faster, and double the business in just six months.

Before partnering with Priority, SlipStream, a Charlotte, N.C.-based fintech company offering a modern treasury and payment hub, struggled with the complexity of managing multiple bank accounts for different payment methods, none of which were automated or integrated.

“It wasn’t uncommon for our customers to constantly interface with three different bank accounts to make payments,” said SlipStream President Miles Busby.

The SlipStream team tested various providers, even signing a contract with one, only to find the implementation process so burdensome they walked away.

The Solution: A Fully Integrated Infrastructure

Enter: Passport by Priority. What set Passport apart was its ready-to-deploy banking infrastructure; no need to chase down a sponsor bank or endure endless due diligence cycles.

“We looked at several providers in the market, and Priority was by far the easiest to work with because they already have the banking infrastructure in their system,” Busby said.

With essential payment capabilities already in place—ACH, same-day ACH, domestic and international wires—SlipStream was able to integrate its own card products to create a powerful, unified solution.

“We were able to marry what Priority had to what we already had to make a more robust solution for the market,” he said.

Priority’s world-class infrastructure and rapid scalability empowered SlipStream to pursue larger, more sophisticated clients, contributing to its impressive rapid growth.

The Results: Simplicity, Automation, and Scale

The technical implementation was nearly effortless. Priority’s APIs delivered from Day One, with no need to involve engineering support. “The fact that we didn’t need to have an engineer on the phone to help us through an issue is unheard of,” Busby said.

The service was just as smooth, he said. “Everyone, from the executives to our account manager, has been highly responsive, accessible, and thorough in addressing our questions.” 

Download the case study here.

Advice to Other Fintechs

When asked what he’d say to others exploring banking and treasury solutions, Busby didn’t hold back: “Don’t waste any more time looking. Priority is the best in the business.”

Contact us to explore how Passport can help fuel your growth.