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’re partnering with some of the most innovative Fintech companies around the world to offer future-forward banking-as-a-service solutions to businesses and consumers nationwide.
Customized Products
Offer fully-insured, white-labeled banking products through our customized partnership 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 bridge any compliance gaps for our partners.
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 financial services backed by BankProv. When you partner with BankProv, 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 complexities of payments, account management and other banking regulation and services so you can focus on your business.
Whether you offer crypto-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, an API that works.
BaaS models BankProv offers
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 FBO (BaaS) model, clients can utilize BankProv’s APIs and/or third-party vendors to hold and move money on behalf of their clients using a single 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, debit cards, etc. These services are branded by the partner and embedded into their own front-end user interface.
