Magellan Launches with Highnote to Deliver Modern Payout Experiences

Highnote’s unified platform helps innovative platforms launch what they need today and expand seamlessly as their needs evolve.

SAN FRANCISCO — July 1, 2026 — Highnote, the unified platform for modern issuing, acquiring, credit, ledger, and money movement, today announced that Magellan has launched with Highnote to power modern payout experiences, helping advance the company’s vision for a next-generation global business banking platform.

Magellan provides businesses with global banking solutions encompassing cross-border payments, foreign exchange, treasury management, and embedded financial services, helping organizations simplify the complexities of operating in a global economy. By leveraging Highnote’s Money Movement capabilities, Magellan delivers streamlined payout experiences through a single integration, providing a flexible foundation for continued innovation.

As enterprises modernize financial operations, many are looking for technology partners that can support immediate needs and future growth without the complexity of multiple vendors or costly migrations. Highnote’s unified platform enables subscribers to start with the capabilities they need today and expand seamlessly as their businesses evolve.

“Businesses are selling in more places and moving money in more ways than ever before,” said TJ Grissom, GM, Acquiring at Highnote. “That creates a lot of complexity behind the scenes, and companies need infrastructure that can keep up. Magellan has a clear vision for modern business banking, and Highnote gives them the flexibility to keep building and innovating as their business evolves.”

“Businesses operating globally have outgrown fragmented financial infrastructure,” said Paiak Vaid, Founder and CEO of Magellan. “Our vision is to bring banking, payments, and liquidity together into a more connected experience for businesses. Highnote gives us the flexibility to deliver modern payout capabilities today while providing a foundation that supports our roadmap and the changing needs of our customers.”

As demand for modern payment experiences continues to grow, enterprises are increasingly turning to Highnote’s Money Movement capabilities to support use cases ranging from payroll and earned wage access to supplier payments and business disbursements. Through a single integration, Highnote enables businesses to deliver ACH, RTP, push-to-card, stablecoin funding, and other real-time payment experiences with greater control, transparency, and flexibility.

To learn more about how Highnote is powering the world’s most innovative companies, visit: https://highnote.com/customers.

About Highnote

Highnote is the unified platform for embedded finance, built for modern issuing, acquiring, credit, ledger, and real-time money movement. Built for You, Highnote gives companies the ability to design financial products around their customers, their workflows, and their growth strategies. With an integrated ledger, full program management, and a purpose-built architecture, Highnote enables enterprises to launch faster, operate with greater control, and continuously evolve their financial experiences. Headquartered in San Francisco, Highnote is redefining the standard for modern financial products. Visit highnote.com for more information.

About Magellan

Magellan is a global banking platform for businesses operating across borders. It provides global accounts in 30+ currencies, wholesale FX, real-time payments, and treasury capabilities, all from one platform. Learn more at magellanpayments.com.

Media Contacts

Tim Black

Marketing and Communications

press@highnote.com