Unlimint Launches Banking as a Service API Solution to Ease Payment for customers

By InstinctBusiness Sep 1, 2022 0

Unlimint, a global fintech company,has announced the launch of its Banking as a Service (BaaS) product, Unlimint Banking and Cards (UBC), a one-stop payment accounts and card issuing and processing solution

The new offering allows companies globally to launch and embed digital payment products for their customers based in the European Economic Area (EEA), United Kingdom (UK) and Latin America (LATAM).

Unlimint Banking and Cards (UBC) is a flexible, white-label solution with software and licences for a boutique approach. It enables clients to customise and embed payment solutions directly into their own platforms without the need to build complicated payment systems, overcome regulatory obstacles or manage the complexities and difficulties of payment network membership.

Commenting on the launch of UBC, the Managing director BaaS at Unlimint, Jovi Overo, said: “We are delighted to announce the launch of our innovative new solution UBC, Banking as a Service API Platform. With UBC’s powerful, real-time, cloud-based platform, businesses get a complete toolkit that gives them the flexibility and control they need to build new financial products quickly and efficiently.”

“Companies can retain their global, high-value customers and expand their services into Europe, the UK, and LATAM, providing market-leading digital payment capabilities that place them ahead of competitors. We will continue to implement new trends into our solution to offer a truly innovative global BaaS offering,” he stated.

The BaaS product also offers crypto to fiat conversion and over 150 APIs that enable clients to customise all elements of their programme. In addition to this, UBC provides businesses globally the ability to accelerate their geographic footprints in existing and new market verticals in Europe, UK, and LATAM.

High-growth markets, like next-generation banking, and fintechs can unlock borderless accounts and payments with UBC’s physical and virtual debit card API solutions. UBC provides an end-to-end offering that can seamlessly integrate banking and payment services via a single account: BaaS, corporate accounts, acquiring, and crypto, all under one roof.

Fintech has been growing consistently over the past few years and companies are more aware of how important it is to offer a variety of payment solutions to clients.