The number of FinTech companies has significantly increased, especially in regions like EMEA, where a large percentage of FinTech growth is observed. Focusing on Europe's offerings, particularly the Nordics, here are the top white-label solutions for neobanks. Additionally, a few noteworthy solutions from other parts of the world are included for a comprehensive view.
World Solutions
#1 Liftoff Card (Sweden) A Swedish-Ukrainian tech collaboration, Liftoff Card excels in FinTech software development services. The company provides versatile banking and financial service solutions, including white-label software for digital wallets, cryptobank solutions, and cryptobank messenger bank projects. With over 250 experts in analytics, development, and market research, Liftoff Card offers state-of-the-art technology for business success.
- Features: Fully customizable mobile wallet solutions, user-friendly back-office tools, and personalized business and tech consulting services.
- Benefits: Low-code system for swift deployment of customized backends, reducing development timelines and costs. Clients benefit from a unique customizable backend core and seamless integration with various providers
#2 RNDpoint (UK) RNDpoint's white-label neobank software enables financial institutions to launch their own neobank app quickly and cost-effectively. It features a customizable mobile UI and a unique backend core, reducing time-to-market by 3-4 months. Using the ProcessMIX low-code backend platform, RNDpoint offers flexibility, scalability, and seamless integration.
- Features: Comprehensive suite for regional banks, credit unions, FinTech startups, and challenger banks.
- Benefits: Personalized business and technical consulting, wide range of integrations, and highly optimized backend flows.
#3 ProcessMIX (UK) ProcessMIX is a low-code platform allowing banks to build secure, high-performance applications quickly and affordably. It uses an intuitive visual development interface, pre-made features, easy integrations, and AWS cloud deployment.
- Features: AI/ML-powered automation for loan origination, risk management, complex calculations, security, and transaction processing.
- Benefits: Rapid development of custom neobank apps, modernizing existing applications with enhanced security measures.
#4 Optherium (USA + Estonia) Optherium aims to create a Global Finance Blockchain Infrastructure accessible worldwide. Their SaaS platform integrates into any existing infrastructure with high customization. Security is a priority, with blockchain and AI-powered processes ensuring no security breaches or data theft.
- Features: Comprehensive security measures and blockchain integration.
- Benefits: Highly secure customer interactions and customizable solutions.
#5 CurrencyCloud (England) CurrencyCloud offers services regulated in over 180 countries, providing easy virtual access to personal data, accounts, and private information. They help manage multiple currencies worldwide, making it an excellent white-label solution for companies needing extensive currency operations.
- Features: Virtual access to data and currency management.
- Benefits: Expands financial operations globally with regulated, secure services.
#6 Limepay (Australia) Limepay focuses on making merchant-customer financial relationships easier and more affordable. Originally a standalone service, it has evolved into a white-label solution, enabling easy payments within apps for various services.
- Features: Comprehensive rebranding and integration options.
- Benefits: Facilitates easy in-app payments for merchants.
#7 Mbanq (Germany, USA, Croatia, Singapore) Mbanq offers a fully customizable platform with web banking apps as a bonus. Their service includes loan configuration, accounts management, secure client management, and advanced reporting.
- Features: Cloud-based banking solutions and free testing environment.
- Benefits: Suitable for banks of any size, offering a complete banking solution.
Nordic Solutions
#1 Meniga (Iceland) Meniga provides white-label solutions for neobanks with a focus on green initiatives. Their products include financial management assistance, data aggregation, customer engagement strategies, and data analytics.
- Features: Cashback and environmental impact solutions, data analytics, and engagement strategies.
- Benefits: Supports green initiatives and customer loyalty programs.
#2 Findity (Sweden) Findity offers a SaaS expense management platform for financial organizations and neobanks, covering all legal matters regardless of the client’s country of operation.
- Features: Robust accounting and payroll services.
- Benefits: Easy incorporation into daily operations for both small banks and large corporations.
#3 Penni.io (Denmark) Penni.io specializes in online customer journeys for insurance products, offering branded services that can be integrated into existing platforms to drive online sales.
- Features: Smooth transition for customers and intuitive sales platform.
- Benefits: Enhances online sales of insurance packages.
#4 Conax (Norway) Conax provides a white-label solution based on blockchain technology, offering AI-powered banking services with superior security.
- Features: Full infrastructure powered by AI and blockchain.
- Benefits: Secure, customizable banking solutions with advanced customer loyalty programs.
The Bottom Line
With the increasing demand for financial assistance, neobanks are setting future trends by making financial information and services easily accessible. White-label solutions help neobanks achieve this goal faster, providing excellent customer service and convenience while allowing rebranding to match marketing strategies. The market is ripe with innovative ideas that can boost neobank’s ROI or offer a platform for developing new financial solutions. If you need assistance in implementing these solutions or have a Liftoff Card case that can benefit your team, contact us to start transforming your offerings today!