TL;DR: While Brex and Mercury migrated to Column, Lead Bank has emerged as the lending-centric alternative to middleware BaaS—now powering Affirm’s BNPL and Revolut’s U.S. banking. Sacra estimates Lead Bank generated $180M in 2024 revenue, up 24% YoY, with 68% of revenue from interest. For more, check out our full report and dataset on Lead Bank...