COMPANY detail

EPISODE SIX
Make the change that changes everything

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EPISODE SIX
Company Overview.
Year Founded 2015
Status Private
Specialties Distributed ledger technology, Card issuance
Company Size 201-500 Employees
Industry Financial Services
Location Austin, USA
Description.

Episode Six is a global provider of enterprise-grade card issuing and ledger infrastructure for financial technology companies, banks, and brands. Founded in 2015 and headquartered in Austin, Texas, the company operates across 50+ markets globally with 16 AWS cloud regions and serves 70+ enterprise customers supporting 40+ million end users. Their proprietary, cloud-native platform enables clients to launch and manage credit cards, debit cards, prepaid cards, commercial cards, virtual cards, and virtual accounts without replacing existing core banking systems. The company has a dedicated crypto industry vertical and was recently selected for Mastercard's Crypto Partner Program to help bridge digital assets and real-world payments.

Episode Six positions itself as "The World's Local Processor," offering flexible, adaptable, and resilient infrastructure that runs adjacent to clients' existing core systems. This allows banks to innovate without disrupting their production environment. The platform supports multi-currency capabilities, real-time program configuration, and programmable controls for spending management. Notable clients include HSBC, Japan Airlines, Aspire, Berkeley Payment, Yoo Financial, and Emerge, among others.

Key Infrastructure.
Card Issuing Platform Enterprise-grade card issuance supporting credit, debit, prepaid, commercial, and installment cards with real-time configuration and programmable controls
Issuer Processing End-to-end card processing including authorization, clearing, and settlement for card programs across markets
Virtual Accounts / Ledger Cloud-native ledger infrastructure for virtual accounts, deposit accounts, interest-bearing deposits, term deposits, and multi-currency wallets
Commercial Cards Corporate expense cards with granular controls, category limits, individual-level spending controls, and instant virtual issuance
Multi-Asset Ledger Single platform handling fiat, stablecoins, and crypto on a real-time ledger enabling crypto card programs and multi-currency products
Installments / BNPL Flexible installment and buy-now-pay-later capabilities configurable for various lending products and credit structures
Additional Features.
Parallel Ledger
Platform runs adjacent to existing core banking systems, enabling innovation without replacing legacy infrastructure
Risk & Compliance
Integrated fraud detection,Ethoca alerts, consumer clarity, and Mastercard Decision Intelligence for risk management
16 AWS Regions
Globally distributed cloud infrastructure across 16 AWS regions ensuring high availability and local market presence
Multi-Currency
Support for multi-currency cards and wallets enabling cross-border spending and international market expansion
Real-Time Configuration
Change interest rates, fees, risk controls, and program rules instantly without code changes or vendor dependencies
Embedded Finance
Enable brands to embed card and account capabilities into their platforms via API-first architecture

GENERAL Questions.

What does this company do?
Episode Six provides enterprise-grade card issuing and ledger infrastructure for banks, fintechs, and brands. Their cloud-native platform enables clients to launch credit, debit, prepaid, commercial, and virtual cards, as well as virtual accounts and lending products, without replacing core banking systems.
Who are their main clients?
Episode Six serves Tier 1 banks, regional banks, digital banks, digital lenders, consumer fintechs, B2B fintechs, brands, transit operators, program managers, and government entities. Notable clients include HSBC, Japan Airlines, Aspire, Berkeley Payment, Yoo Financial, and Emerge.
Are they licensed?
Episode Six operates as a card program infrastructure provider. They are a principal member of both Visa and Mastercard networks and maintain PCI DSS compliance. Specific licensing details vary by client and jurisdiction.
What blockchains/stablecoins supported?
Episode Six supports a multi-asset ledger that handles fiat, stablecoins, and crypto on a single real-time platform, enabling crypto card programs and digital asset integration for payment cards.