Neobank for retail

Challenge. A fintech wanted to launch a retail digital bank but had no banking licence or technology core. The market window was closing fast.

Solution. We started on a BaaS model on a partner bank’s infrastructure, designed core banking, remote KYC onboarding, card issuing and a mobile app for iOS and Android, with sanctions screening and transaction monitoring in place.

Result. The bank reached the market in 6 months and gained 250,000+ users in the first year, with high ratings for speed and onboarding.