Offer Electronic Money services within days
Launch full-scale electronic money institution to let your customers easily store, send and receive money globally without bank account.
Launch to market faster by leveraging existing EMI license
- An electronic money institution license is mandatory to meet the regulatory requirements of setting up an e-money institution
- Save time the time and costs it takes to acquire a license by building on the EMI licenses of our host banks
- Choose host banks from our ecosystem or onboard yours
Customize the user interface of your e-money application
We take care of the backend features of your e-money application
so you can focus on delivering a customer interface that supplies the most value to end-users.
- Customer screening and monitoring service
- Payment hub and accounting system
- Processing platform (card management System)
- Customize and brand your web portal and mobile app (iOS and Android) for customers
Discover what you can do with SpotBanc
Onboard customers with mobile apps and dashboard screens across multiple channels. Automate onboarding processes like eKYC checks, auto approvals and more.
Omnichannel onboarding process
Advanced Individual and business KYC/KYB levels
Photo & video verification
Let customers instantly send & receive money, make transfers and cross-border payments via card, QR codes, wire transfers, cryptocurrencies and others.
Charge transparent fees and taxes
Mobile POS for merchants
Issue e-wallets and e-money accounts
Offer complete and personalized e-wallets to users. Multi-currency account feature let users create multiple accounts and hold funds in multiple currencies. Transfers between accounts are fast and easy.
Issue account number, IBANs, sort codes, SWIFT/BIC
Multi-currency accounts support
Generate reports, analyse expenses, and much more
Add real-time currency exchange
Enable quick currency conversation and exchange features in your product—whether it's fiat to fiat, cryptocurrency to cryptocurrency, fiat to cryptocurrency and vice versa.
Set up commission charges to offer customers the best rates
Real-time currencies conversation
Seamless account issuing & reconciliation
Issue bank and internal virtual accounts. Automate account reconciliation between host banks and balances on your system or upload account statements into SpotBanc and reconcile manually.
Automatic and manual account reconciliation
Virtual Closed Loop or Opened Loop accounts
Scheduled and Recurring Payments
Allow customers the flexibility to schedule payments for later executions and automate all types of recurring payments—payroll, commissions, bills, and more—at the click of a button.
Schedules payments and easily adjust before due dates
Automate recurring payments
Mirror customer funds across multiple host banks
Break free from partner-locking a single host bank or Banking-as-a-Service platform. Plug into SpotBanc’s fast-expanding ecosystem of banks and BaaS platforms so you can hold customers’ money across multiple banks at a time without friction.
See how SpotBanc helped Kogopay build a socially conscious startup that provides virtual IBANs and mobile wallets to customers
Key features that make it all possible
We own compliance and have done the heavy lifting of reducing the risk of financial fraud so you can run your business smoothly.
Prevent unauthorized access to tools using cutting-edge security technologies. Distribute access rights to your staff with varying authorizations.
Our suite of flexible components and APIs lets you build out unique functionalities, integrate third-party services and brand your product.
SpotBanc robust and multi-tenant architecture allows multiple clients' systems to run concurrently on a central server with 99% system uptime.
It doesn’t stop here. There’s a lot more inside
Our Plug and Play Ecosystem
Our industry-leading partners are pre-integrated into SpotBanc to provide solutions across
Banking-as-a-Service, credit, loan management, KYC and more.
Ready To Launch?
Bring your product to life in days
See what else you could build
The easiest way to launch your financial product
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