We design and build a licensed neobank for the client’s objectives. The infrastructure brings together accounts, transfers, cards, foreign exchange, verification, data and control rules. It is client-owned, operates under the client’s brand and is embedded in the core business. The neobank is integrated into the international financial system.
01. Business objectives
We define the neobank’s objectives, the business requirements, the infrastructure and the economic effect.
02. Model
We define the client types, countries, currencies, payment types, fund flows, control rules and revenue sources.
03. Jurisdiction and structure
We select the jurisdiction and ownership structure based on the actual business model, rather than the nominal speed of obtaining authorisation.
04. Licensing and team
We prepare and align the project with the regulator, build the processes and team, and define the functions of the future financial company.
05. Connectivity to the financial system
We connect the neobank to the key nodes of the global financial system. This makes accounts, transfers, cards, foreign exchange and other capabilities available.
06. Product and implementation
If required, we build the client application and management dashboard, configure the rules and integrate the neobank with the client’s systems.
07. Testing and launch
We test customer journeys, incidents, complaints, limits and continuity, reconcile the reporting, and launch the first live transactions.
08. Management
If required, we continue with the operational management and development of the product.