Our Story

Central Payments was founded in 2014 and provides payments technology and issuing solutions for fintechs and embedded finance. Our Open*CP Fintech API Marketplace is one of the only true banking-as-a-service payments platforms with issuing capability embedded.


Open*CP’s vertical integration and its native-to-the-cloud technology are the drivers responsible for Central Payments’ rise to the fastest growing prepaid card issuer since 2015*. As an industry-leader, Central Payments was recognized as the 17th largest prepaid card issuer in 2020*.

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Central Payments is the payments subsidiary of Central Bank of Kansas City (CBKC) and headquartered in Sioux Falls, SD. We take pride in our committed team of subject matter experts that are composed of a majority of women. Central Payments is focused on Making Financial Experiences Better for all, particularly serving people of modest means who historically have not enjoyed the benefits of affordable and accessible financial products.


Central Payments also founded Falls Fintech, an award-winning startup fintech accelerator, and produces Fintech Brews & News, a podcast devoted to helping bridge the gap between banking, startups, and the entire fintech industry.

79% Managers & Above


Females in Leadership

63% Executive Team

Award Winning Approach

There's a reason Central Payments is considered an industry leader. We are honored to be awarded and recognized by experts and trailblazers.

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Founded in 1950, Central Bank of Kansas City has remained dedicated to maintaining their national reputation for excellence in serving low-income and disadvantaged communities. Our team is proud to have received 10 allocations of New Markets Tax Credit (NMTC) since 2007, in combination with donations totaling over $2 million dollars to support local nonprofits. 


As a family-owned establishment, our team is committed to excellence and is recognized in the 97th percentile among peer banks in ROAA, T1 Capital, and ROE.

A Community Development Finanical Institution

The Community Development Financial Institutions (CDFI) Fund is an initiative of the U.S. Treasury, which joins federal money with private sector capital to fund market-driven solutions to community-based issues. A CDFI works within its own local sector to help inject new sources of capital into areas and neighborhoods that normally would lack access to investment.


For over 65 years, Central Bank has served the local community and helped build and support neighborhoods. From reading each week to 2nd graders at area grade schools, to talking to preschoolers about saving during Money Smart Month, to serving meals for the needy - Central Bank of Kansas City cares about the community.


We at Central Bank of Kansas City are proud to be the only CDFI bank headquartered in Missouri, and one of the very few nationally. For us, it’s more than just giving back—it’s about believing in Kansas City.