ScribeUp raises $13 million to embed bill tools in banks
ScribeUp raised $13 million, split into $10 million of equity and $3 million of venture debt, to embed recurring-bill control in bank and credit union apps.
ScribeUp, the embedded recurring-bill product for banks and credit unions, told the market on October 20, 2026 that it had raised a $13 million Series A. I have tracked rounds where the limited partners of a credit-union fund are also the likely buyers, and Curql Collective fits that pattern by leading this one. Rocket Money says it finds subscriptions and cancels them, and the same homepage advertises 10 million-plus members, a direct-to-consumer path rather than a module inside a core banking app.
The Business Wire release, datelined Los Angeles, splits that $13 million into $10 million of equity financing and a $3 million venture debt facility. Mucker Capital and Service Ventures joined the round. Proceeds are for artificial-intelligence work ScribeUp calls agentic execution, plus hiring and go-to-market work. The company says it already works with more than 60 banks, credit unions, fintechs and neobanks, through a software development kit (SDK), an iframe or an application programming interface (API).
Founders and the gap in the tracking claim
ScribeUp's own team list names Jordan Mackler as co-founder and chief executive and Yohei Oka as co-founder and chief technology officer. Banking Dive reports the firm was founded in 2020 and traces the idea to about $350 of forgotten YouTube TV and ESPN+ charges, from when Mackler was at the Massachusetts Institute of Technology and Oka was a student from Tokyo. Banking Dive ties the news to Money20/20 in Las Vegas.
Mackler told Banking Dive that an agentic layer can now track some 200,000 unique subscription billers, after a version that tracked hundreds of common merchants. “Recurring payments are the most frequent interaction a consumer has with their money and the one consumers understand the least,” he said in the release. Pages on scribeup.io describe one-click cancellation and payment updates for hundreds of merchants, guided cancellation for thousands, and a typical rollout of 30 to 45 days.
Credit unions quoting the embedded tool
The logo rail places Advia Credit Union, Chartway Credit Union and Service Credit Union beside NerdWallet, DailyPay, Kudos and Super.com. On the credit-union page, Digital Manager Esteban Guerra is quoted beside Chartway: “The integration through Q2 Innovation Studio was incredibly smooth. Within 4 weeks, we had recurring bill management live in our digital banking experience.” Brian Regan, general partner at Service Ventures, said in the release: “Our conviction in ScribeUp comes from experiencing the product firsthand and seeing the value it can create for both our members and our credit union.” The site names David Araujo, president and chief executive, beside the Service Credit Union logo.
Rivals on either side of the login
Knot sells banks and fintechs CardSwitcher, SubscriptionManager and AccountUpdater, putting card-on-file switches and subscription cancellation inside an app the institution already owns. Method lists banks and credit unions beside lenders, wallets and onboarding. BillGO's homepage leads with same-day bill payments for small businesses and also calls the firm a partner to large financial institutions, a payables pitch. Opened on October 26, 2026, those pages and Rocket Money's homepage leave ScribeUp's Series A unmentioned.
Nick Evens, president and chief executive of Curql, said Curql is “excited to support ScribeUp as it addresses that opportunity by bringing AI-powered bill control directly into the banking experience, so institutions can provide this desired functionality, rather than lose this financial relationship to over-the-top consumer apps targeting this gap in today's banking offering.” Curql's homepage says 160-plus credit unions invest together, counts 50 vetted fintechs, and puts assets under management above $600 million. The release says Fund II closed in 2025 at $360 million and Fund I closed in 2021 at $252 million. Adding those two closes produces $612 million, a reading across the release and a homepage that states assets above $600 million as one total.
What that fund size means for buyers
That limited-partner pattern is already on this desk in InvestiFi's raise from the credit unions it serves and in Payfinia's embedded-payments push through a credit-union network. ScribeUp adds venture debt beside the equity and extends bills from subscriptions to rent, utilities, insurance and loan payments. If Q2-style installs like the one Guerra described become common, usage shows up in apps members already open, closer to FIS's embedded-deposit work than to another consumer download. If changing the card at the merchant is the hard step, Knot's stack is the comparison before a bank treats 200,000 tracked billers as a completed payment change.
Figures in this report come from company statements and the named trade articles linked above. They are not a recommendation to buy or sell any security, and they are not an offer to join the round.
Reporting by Rick Steves. Filed 26 October 2026, 14:00 GMT.
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011.
