MONVENIENCE WHITE LABEL BANKING PLATFORM with BaaS ( Banking as a Service )

Upgrade your business to become a FinTech leader.

Banking Solution from Monvenience

Work on developing your white label IBAN and card business, and leave all the technical, operational, KYC, AML and Licensing activities to us. We are equipped with strong teams to take your banking business to places, and with us, you can confidently work on your marketing, knowing that we have everything else covered.

No need to build your own FinTech.

Go for a White label! Starting your own FinTech company is not an easy task. The numerous obstacles and issues this process triggers will require significant time and effort, distracting you from the main goals of your business. We have developed a solution that will help you avoid potential problems. Below is a comparison chart that shows all the benefits of cooperation with Monvenience as compared to initiating your own FinTech company.

White label Solutions from Monvenience

White label from Monvenience offers you the ability to concentrate on sales, rather than going through the licensing process, collect, train and maintain the staff, develop/purchase IT systems, and build the business from scratch. White label solutions offer huge revenue growth opportunities for your business! Monvenience has one of the most IT advanced eco-systems in the industry that is constantly being upgraded for higher security and functionality. We add new payment methods on a continual basis to keep ahead of competition. All the newly developed features will automatically become available to you and to your clients.

Monvenience offers white label Dedicated Euro IBAN for SEPA payments, with shared IBAN for Swift. Shared IBAN may be taken for EURO, GBP and USD. You can also get fully customized and globally accepted Prepaid Card program.

Take advantage of a multi-currency, with your OWN Dedicated IBAN with an ability to send and receive money around the world in SEPA and SWIFT along with the Prepaid Card Program.

Our card program is the solution that adds value to your project, expands existing services, as well as monetizes card usage in the best possible way for your business model.

· The card program provides, Ready-to-go solution for a quick start of your project, Card with an attached unique IBAN, Automatic pay-out through an API, Independent online access for every card holder, Fraud monitoring, Tailor-made pricing with instant pay-out of your commissions, White label solutions along with Variety of API integrations with other services.

The world is your market with your international European IBAN offering, and especially the ones which can be opened remotely, run remotely, and with non European, customer's local business and residence address as well, with no visits to the bank required, ever!

Whether you are in APAC, the Americas, Europe or Middle East, if your geography is not restricted for us, then you can open your IBAN account business in Europe, and run from wherever you please. An offer, you will not find anywhere else! So go ahead, contact us!

And before you do, check the drop down box below to check if your geography is restricted for us.

Your customers may also be from India and other parts of Asia, Canada, Australia, New Zealand, or Europe. They can be onboarded with their own passport copy and local utility bills.

Monvenience has tied up with multiple providers, so that you can run your banking platform in White Label, even if you are not licensed or regulated. Ofcourse, having your own license will give you more benefits and flexibility.

Proposition:

Monvenience offers white label Dedicated Euro IBAN for SEPA payments, with shared IBAN for Swift.
Shared IBAN may be taken for EURO, GBP and USD.

Take advantage of a multi-currency, with your OWN Dedicated IBAN with an ability to send and receive money around the world in SEPA and SWIFT.

Expand your market geography with Unique European IBAN account. Forget about the unnecessary paperwork, logistical issues and high expenses.

You may be incorporated in Asia, Canada, Australia or Europe. You can still signup with your local company papers and start your white label business from practically anywhere.

Your customers may also be from India and other parts of Asia, Canada, Australia, New Zealand, or Europe. They can be onboarded with their own passport / id copy and local utility bills.

Some countries are restricted from opening accounts or taking white label, check the drop down below for the same:

Load your account through –

• Bank Transfer
• Credit Cards &
• E-Wallets

Benefits:

• OPEN ACCOUNT REMOTELY
• UNIQUE IBAN FOR EACH ACCOUNT
• LOAD ACCOUNT IN MANY DIFFERENT WAYS INCLUDING E-WALLETS
• ORDER PREPAID CARD
• USE PREPAID CARD ANYWHERE IN THE WORLD

Interested? Connect to us to know more !

About white label banking platform and the concept of BaaS ( Banking as a service)

A white label banking platform is a specific type of banking solution that is pre-built and customizable for rebranding, while Banking as a Service is a more general concept that involves providing banking functionalities as a service through APIs, enabling third-party businesses to integrate these services into their own offerings. BaaS often leverages white label solutions to facilitate this integration. Both concepts contribute to the evolution of banking services in the digital age, fostering collaboration and innovation in the financial industry.

White Label Banking Platform:

A white label banking platform refers to a fully developed and customizable banking solution that is created by a third-party provider. The term "white label" implies that the solution is generic and can be rebranded by another company (often a non-banking entity) to make it look like their own proprietary banking service. These platforms offer a range of banking services, including account management, payments, transfers, and other financial products. They provide a turnkey solution for businesses or organizations looking to offer banking services without building the infrastructure from scratch.

Banking as a Service (BaaS):

Banking as a Service is a broader concept that involves providing banking functionalities and services as a service. BaaS allows non-banking entities, such as FinTech companies, retailers, or other businesses, to integrate banking services into their own products or platforms.

BaaS providers offer APIs (Application Programming Interfaces) that enable seamless integration of banking services, allowing third-party businesses to offer banking products without becoming a licensed bank themselves. This approach promotes innovation and collaboration between traditional financial institutions and emerging FinTech players.

Monvenience is most stretegically placed to offer White Label Banking Platform with BaaS to its clients, in different jurisdictions in the worl, including EUROPE, Asia and USA

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