Banking-as-a-Service Partnerships
helping fintechs bring innovation to market fast.
Why partner with us?
It’s our goal to support your ideal customer experience. That’s why we offer embedded banking solutions to some of the most innovative Fintech companies around the world.
Customized Products
Fully-insured, white-labeled banking products through our customized embedded finance solutions.
Get to Market Fast
Our modern APIs allow us to move quickly, getting your product into the hands of consumers faster.
Mitigate Risk
Our decades of banking regulatory and compliance expertise help ensure safe and sound banking practices.
Digital Assets
Abstract away the complexities of payments through our end-to-end BaaS solutions.
ProvXchange™
Our ProvXchange™ network enables you to enact client-to-client transfers 24/7, 365 days a year.
A partnership designed to scale.
Our Banking-as-a-Service (BaaS) partnerships are tailored to your needs and will allow you to offer white-labeled embedded financial services backed by BankProv. When you partner with us:
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- We’ll provide the API solutions you need to get your platform or product off the ground quickly and securely.
- Once you launch, we’ll support your behind-the-scenes banking functions like complex payment infrastructure, account management and virtual ledgering services so you can focus on your business.
Whether you offer digital-asset-related services or more traditional digital banking products, partnering with BankProv gives you access to a forward-looking banking partner, fully-insured deposits and the best technology that’s designed to scale with you, API’s that work.
Find the Right Account
FDIC-insured deposit, savings, and custodial accounts
FBO & Virtual Accounts
Our team can help you find the right account setup for your BaaS needs
Commercial & Retail Accounts
Open accounts and facilitate payments
Digital Assets
A seamless payments experience for commercial fintechs
API Integrations
Modern, reliable, and well documented banking API
Real Time Account Management
Edit emails and mailing addresses, close or lock accounts as needed
Payment Rails
Full range of APIs from ProvXchange network, ACH and wires, to remote check deposit, and more
Admin Capabilities
Simplify the process of managing and maintaining bank accounts
Manage Risk and Compliance
Our decades of banking regulatory and compliance expertise help ensure safe and sound banking practices.
BSA/AML Compliance
Review of your protocols that help identify bad actors and unusual activity
First-Class Security
Premier security controls to ensure the confidentiality, integrity, and availability of your businesses account information
KYC & KYB
Customizable checks using Middesk, Alloy, LexisNexis, and other providers
Holding client funds at BankProv.
Clients wishing to hold their own customer funds can be structured a few different ways:
- Under a basic For the Benefit of (FBO) model, clients can hold customer funds (business or consumer) in an FBO account at BankProv and move pooled funds in/out via wire or ACH. This is often done through file-based movement or through APIs.
- Under our more advanced BaaS model, clients can utilize BankProv’s APIs and/or third-party vendors to facilitate the movement of money on behalf of their clients using an FBO account that the partner manages with a virtual ledger. These partners often move client funds in and out of the bank via wire, ACH, and ProvXchange. These services are managed by the partner and embedded into their own front-end user interface.
Upcoming Events
Find our BaaS team at the following events.
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Sep28 - 28 28
Crypto Banking & Compliance Summit
Washington, DC
talk to a deposit specialist.
Your banking needs are unique. We'll work with you to find the right solution.
Banking as a Service FAQs
Banking-as-a-Service (BaaS) allows fintechs and brands to integrate and embed banking services into their user interface, such as: deposit accounts and payment rails. These services are provisioned through modern APIs, enabling fintechs to own the front-end user experience and provide their customers with a full-stack white-labeled banking solution. BankProv’s BaaS solution allows fintechs to quickly get to market with a regulated and licensed product.
Our APIs deliver robust core banking functionality and allow you to customize the end-to-end product experience. By partnering with BankProv, a fintech can build on top of any component of the banking stack to power solutions ranging from integrated payment rails and checkout solutions to completely branded checking accounts with cards.
BankProv is powering industry leading fintechs and digital asset businesses of all stages and sizes with its BaaS offering. We work with fintech companies, including crowdfunding platforms, recurring revenue companies, fund administrators, investment platforms, digital asset exchanges, and many more. To learn more, check out our Press Releases here.
For the Benefit of (FBO) is an account model that allows our fintech partnerships to open one big fiduciary account on the Bank’s core, then provide customers with virtual accounts that exist within that larger account.
We offer our own in-house direct API integrations, as well as, in partnership with one of our third-party vendors like Treasury Prime.
Yes, BankProv has been supporting businesses in the digital asset space with deposit products and we’re pushing our full-service offering for the digital assets community to the next level with our embedded institutional banking services utilizing our API programming. By partnering with BankProv, our team can offer access to payment rails and virtual ledger services to facilitate and track payments under sub-accounts for your customers.