International fintech Unlimint, has introduced the launch of its Banking as a Service (BaaS) product, Unlimint Banking and Playing cards (UBC), a one-stop cost accounts and card issuing and processing resolution.
The brand new providing permits corporations globally to launch and embed digital cost merchandise for his or her clients based mostly within the EEA, UK, and LATAM.
Unlimint is an award-winning world fintech providing superior cost capabilities by means of an evolving monetary interface to startups and companies throughout the globe, working from 5 continents.
Unlimint Banking and Playing cards (UBC) is a versatile, white-label resolution with software program and licenses for a boutique method.
It allows shoppers to customise and embed cost options straight into their very own platforms with out the necessity to construct sophisticated cost programs, overcome regulatory obstacles or handle the complexities and difficulties of cost community membership.
The BaaS product additionally gives crypto to fiat conversion and over 150 APIs that allow shoppers to customize all parts of their programme. Along with this, UBC offers companies globally the power to speed up their geographic footprints in current and new market verticals in Europe, UK, and LATAM.
Excessive-growth markets, like next-generation banking, and fintechs can unlock borderless accounts and funds with UBC’s bodily and digital debit card API options.
UBC offers an end-to-end providing that may seamlessly combine banking and cost companies through a single account: BaaS, company accounts, buying, and crypto, all below one roof.
Fintech has been rising constantly over the previous few years and corporations are extra conscious of how essential it’s to supply quite a lot of cost options to shoppers.
KPMG’s Pulse of Fintech report revealed that fintech investments in 2021 recorded $210 billion USD.
In keeping with Finastra’s Banking as a Service Outlook 2022 report, virtually 85 % of respondents are already implementing or planning to implement BaaS over the following 12 to 18 months.
Commenting on the launch of UBC, Jovi Overo, Managing Director BaaS at Unlimint, mentioned:
“We’re delighted to announce the launch of our progressive new resolution UBC, Banking as a Service API Platform. With UBC’s highly effective, real-time, cloud-based platform, companies get an entire toolkit that provides them the pliability and management they should construct new monetary merchandise shortly and effectively. Firms can retain their world, high-value clients and broaden their companies into Europe, the UK, and LATAM, offering market-leading digital cost capabilities that place them forward of opponents. We’ll proceed to implement new traits into our resolution to supply a very progressive world BaaS providing.”