Knot and Venmo team up to make Venmo the effortless way to Pay. FinanceWire Aug. 12, 2026, 12:00 PM New York City, NY, USA, August 12th, 2026, FinanceWire Knot, the leading merchant connectivity platform, today announced they are partnering with Venmo to make it easy for millions of users to set Venmo as their saved payment method wherever they shop. Knot lets Venmo users make Venmo the way they pay at some of their favorite merchants, directly from the Venmo app and without manually entering their details. Putting Venmo Balances to Work From the Venmo app, users add Venmo as their saved payment method at the places they already shop in just a few taps, with no need to update payment information site by site. Depending on the merchant, users can either link their Venmo account to Pay with Venmo at checkout or save their Venmo Debit Card,[1] enabling a fast and easy way to spend with Venmo, all powered by Knot. For Venmo, getting placed as the default payment method at high-frequency merchants keeps it top of wallet and helps drive everyday spend. It is one of the most direct ways to move Venmo from an occasional choice to a user's go-to way to pay, deepening engagement across the Venmo ecosystem. A First for Knot The collaboration marks the first time Knot has provisioned a proprietary checkout solution as the default payment option. With Pay with Venmo, Knot extends the card-on-file capability behind CardSwitcher to a native wallet, letting users set Venmo itself as the saved way to pay, not only the card tied to it. It is a meaningful expansion of what merchant connectivity can enable and a template for bringing other proprietary payment methods to the merchants where people shop. Value Across the Payments Ecosystem The relationship reflects how Knot creates value on all three sides of a transaction. Users get a simpler, more connected way to pay. Collaborators like Venmo drive adoption of their payment methods and capture more of their users' everyday spend. And merchants benefit from having a payment method on file, which means fewer failed payments and less involuntary churn. Knot works with financial institutions and fintechs of every size, from large banks and credit unions to fast-growing fintechs, on card switching. The Venmo collaboration extends that footprint to one of the most widely used consumer payment brands in the country. *The Venmo Mastercard is issued by The Bancorp Bank, N.A., pursuant to license by Mastercard International Incorporated. Card may be used everywhere Mastercard is accepted. The Bancorp Bank, N.A. is issuer of the Card only and not responsible for the associated accounts or other products, services, or offers from Venmo. About Knot Knot is the leading merchant connectivity platform, simplifying how consumers, merchants, and financial institutions interact. CardSwitcher is the foundation of Knot's product suite, letting users update and manage card-on-file payments across hundreds of merchants. Building on the same connectivity infrastructure, TransactionLink delivers SKU-level transaction data, and SubManager gives users a single place to view and manage their subscriptions. By removing friction at every step, Knot helps financial institutions grow engagement, loyalty, and spend. Users can learn more at KnotAPI.com and connect with Knot on X (@KnotAPIs) and LinkedIn (LinkedIn.com/company/KnotAPI). Contact. GTM Lead Jose Del Real Knot [email protected] Sponsored Financial Content

Knot expands into Canada, partnering with RBC, the Country's Largest Bank. Spread the love New York City, NY, USA, July 22nd, 2026, FinanceWire Knot, the leading merchant connectivity platform, has announced its partnership with RBC, Canada's largest bank, to make RBC cards the default payment method for millions of cardholders wherever they spend. Using Knot's CardSwitcher, RBC cardholders can set their RBC card as the saved payment method at their favorite merchants directly from the RBC mobile app, without manually entering card details. The partnership marks Knot's first expansion beyond the United States. Keeping RBC Top of Wallet One of the hardest moments in payments is the first one. When a cardholder gets a new RBC card, putting it to use means hunting down every merchant where a card is already saved and updating each one by hand, so a new card often sits idle for weeks before it sees real spend. The partnership removes that friction. From the RBC app, cardholders add their RBC card to their preferred merchants in a few taps and set it as the saved payment method at the places they already spend, from the day the card is in hand. For RBC, that means a card that goes to work immediately instead of waiting to be activated across a cardholder's everyday spend. Placing the card as the default at the merchants cardholders use most keeps it top of wallet, turning a new RBC card from an occasional choice into a go-to payment method from the start and driving repeat spend and deeper loyalty to RBC. Expanding into Canada with the Country's Largest Bank For years, Knot has built the merchant connectivity layer across the United States, linking the people, financial institutions, and merchants behind everyday spend. RBC is where that infrastructure goes international for the first time. Canada is Knot's first market beyond the U.S., and launching it with the country's largest bank sets the standard for every market that follows. RBC did not become Canada's largest bank by standing still. They move early, they invest in their clients, and they push the industry forward. That is exactly the kind of partner Knot wants to build alongside, and the reason RBC is the right first step into a new market. Bringing CardSwitcher to Canadian cardholders is the start of a longer roadmap, both for what Knot and RBC build together and for where Knot goes next. Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Its success comes from the 101,000+ employees who leverage their imaginations and insights to bring the company's vision, values, and strategy to life so it can help its clients thrive and communities prosper. As Canada's biggest bank, and one of the largest in the world based on market capitalization, RBC has a diversified business model with a focus on innovation and providing exceptional experiences to its more than 19 million clients in Canada, the U.S., and 27 other countries. Learn more at rbc.com. About Knot Knot is the leading merchant connectivity platform, simplifying how consumers, merchants, and financial institutions interact. CardSwitcher is the foundation of Knot's product suite, letting users update and manage card-on-file payments across hundreds of merchants. Building on the same connectivity infrastructure, TransactionLink delivers SKU-level transaction data, and SubManager gives users a single place to view and manage their subscriptions. By removing friction at every step, Knot helps financial institutions grow engagement, loyalty, and spend. Users can learn more at KnotAPI.com and connect with Knot on X (@KnotAPIs) and LinkedIn (LinkedIn.com/company/KnotAPI). Contact. Head of Growth Jose Del Real Knot [email protected]