New BaaS Platform Bolt by Reseda Group Launches with First Fintech Partner TAPP Engine

New platform signs TAPP Engine as first fintech leveraging Bolt to accelerate delivery of cash management solutions directly to MSUFCU as the Financial Institution of Record

EAST LANSING, Mich., Sept. 16, 2026 /PRNewswire/ -- Reseda Group today announced the launch of Bolt by Reseda Group, a Banking-as-a-Service (BaaS) platform that enables financial institutions and fintech companies to bring innovative financial solutions to market faster through a secure, API and SDK-driven banking infrastructure with MSU Federal Credit Union (MSUFCU), as the Financial Institution of Record (FIoR). The platform's first fintech partner, TAPP Engine, is leveraging Bolt to seamlessly connect its cash management solutions directly to MSUFCU as the FIoR, delivering fully branded, modern, embedded banking experiences to their customers.

Bolt delivers the infrastructure fintechs and financial institutions need to launch and scale new products while maintaining the trust, compliance, and security consumers expect. Through a comprehensive suite of APIs, SDKs (Software Development Kit), and software solutions, the platform supports modern digital banking experiences, including account opening, payments and money movement, debit card issuance, external account connectivity, and embedded finance capabilities.

Developed by Reseda Group and informed by the proven innovation experience of MSU Federal Credit Union (MSUFCU), Bolt combines the agility of modern BaaS infrastructure with the real-world expertise of a financial institution that has successfully built and deployed fintech solutions. The result is a secure, scalable platform that empowers fintechs and financial institutions to innovate together, accelerate time to market, and deliver new financial experiences to consumers with confidence.

"Speed to market is essential for both financial institutions and fintech innovators looking to meet evolving consumer expectations," said Ben Maxim, Chief Operating Officer at Reseda Group and Chief Technology Officer at MSUFCU. "Bolt by Reseda Group was built to remove the barriers that often slow innovation by creating a secure, seamless bridge between fintech innovators and trusted financial institutions. With APIs, flexible integration options, and comprehensive banking infrastructure, we're helping organizations bring new solutions and enhanced experiences to people today, not years from now."

Bolt enables financial institutions to accelerate fintech partnerships, expand digital banking capabilities, introduce new deposit experiences, and power embedded finance solutions. For fintech companies, the platform provides the flexibility to focus on building transformative experiences without navigating the regulatory and operational complexities of becoming a licensed financial institution.

Through a governed framework, Bolt works with specific vendor partners to securely support Know Your Customer/Know Your Business (KYC/KYB) processes before new account opening begins. Once accounts are established, MSUFCU provides ongoing account monitoring, compliance oversight and identification of unusual account activity to support continued risk management. This shared responsibility model allows fintechs to focus on their customer experience and what they do best.

With Bolt, fintechs and financial institutions gain access to:

• Speed to market: Accelerate product launches through streamlined API/SDK connectivity and pre-built banking capabilities.
• Complete banking infrastructure: Access onboarding, account management, payments, debit card services, and digital banking functionality through a single platform.
• Secure innovation: Leverage infrastructure designed with compliance, security, and operational resilience in mind.
• Scalable growth: Adapt financial offerings as consumer and business needs evolve without redesigning entire systems.
• Simplified integration: Use modern APIs, SDKs, webhooks, and flexible development tools to accelerate implementation.

As Bolt's first fintech client, TAPP Engine is leveraging the platform to connect its cash management tools directly to the financial institutions holding its clients' deposits. Bolt enables TAPP Engine to deliver a fully white-labeled private banking experience, allowing each TAPP client to offer a branded, seamless way to manage cash while keeping deposits with trusted credit unions.

"Bolt gives TAPP Engine the critical infrastructure to connect our cash management tools directly to the institutions holding our clients' deposits," said Will Dolan, President of TAPP Engine. "Its BaaS platform allows us to deliver a fully white-labeled private banking experience, so every TAPP client can offer a branded, seamless way to manage cash. Because those deposits sit with credit unions, we're able to pair a premium experience with the trust and community focus that sets this offering apart."

The launch of Bolt builds on Reseda Group's vision to strengthen connections between people and their financial institutions through next-generation solutions. By bringing the operational experience of MSUFCU together with the innovation and agility of fintech partners, Bolt creates new opportunities for financial institutions and technology companies to collaborate, expand access to financial services and deliver greater value to the people and businesses they serve.

For more information about Bolt by Reseda Group, visit resedagroup.com/bolt.

About Reseda Group
Headquartered in East Lansing, Michigan, Reseda Group is a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU). Formed in 2021, Reseda Group changes the way people interact with their finances and how financial institutions engage with their consumers. By leveraging innovative products developed in-house and through its partnership ecosystem, Reseda Group is making financial technology and engagement solutions more accessible and approachable to the industry. Learn more at resedagroup.com.

About TAPP Engine
TAPP Engine modernizes capital formation, wealth management, and liquidity infrastructure for credit unions, community financial institutions, and regional financial institutions. Brokerage services are offered through TAPP Engine Securities, LLC. ("TES"). Digital Advisory services and technology offered through TAPP Engine Advisors, LLC ("TEA). Visit tappengine.com to learn more.

SOURCE Reseda Group