Why do I need it?
What do you do when you need to travel somewhere by airplane? You don't try to build it yourself or hire a super expensive team of aerospace engineers, do you? You either buy tickets or rent a jet from a charter company.
Similarly, you don't need a banking license to start offering banking services to your customers. It is more reasonable to purchase a ready-made solution.
If you have your own client database, we have a solution on how to monetize it and start earning more. Fee transparency and revenue distribution will allow you to trace all the clients’ transactions and get your fee in real-time.
What is Banking as a Service?
Any company can access banking systems and act like a regular bank. BaaS enables third-party organizations to tap into the banking system through APIs, allowing them to offer financial services without owning the obligatory infrastructure and licenses.
There are dozens of EMIs in the European market that can help you launch your own virtual digital banking under your brand.
You will get an online banking ecosystem including
What will a new neobank under my brand look like?
In other words, you will allow your clients to open business and private bank accounts with European IBANs, make SEPA and SWIFT payments worldwide and implement payroll programs with physical and virtual card issuance, among other things.
Why not get the licenses myself?
No need to invest millions of euros into software development, or wait for licenses to be approved. We can assure you that launching a bank from scratch requires years, dozens of mistakes, thousands of working hours, and millions of lost nerve cells. Many EMIs have been there before. Equally important is conducting operational activities and reporting in accordance with the license-based country law. Security and a well-coordinated professional team are core components for a successful fintech business.
You rent
Licenses
Software
Team
Customer support
Who can possibly need their own neobank?
Businesses of all sizes, from consulting firms, legal companies, logistics organizations, sports teams, and educational institutions, to individuals who aspire to have a cutting-edge fintech solution, can benefit from BaaS. Traditional banking is being replaced by BaaS, as new fintech providers, backed by EMI licenses, offer quicker, easier, and more secure alternatives.
How quickly can I launch?
It is absolutely possible to launch a virtual banking platform in a few months. It all depends on your readiness to buy readymade solutions and your need for additional customized functions.
Why us?
We work as introducers, having already conducted research on European EMIs offering BaaS.
We recommend only those who are developers, not intermediaries, hold the appropriate licenses, satisfy the highest security standards.
We have extensive experience with similar projects.