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Singapore | Nov 15, 2018
Mbanq Launches its First Banking-as-a-Service Accelerator
Singapore: Silicon Valley based Mbanq, a global banking-as-a-service provider, is proud to announce the launch of its first FinTech accelerator in the ASEAN region at the Singapore FinTech Festival.
Singapore, a recognized leader in FinTech innovation, was chosen as the first location for Mbanq BAASIS accelerator with several more locations to follow in 2019, including Silicon Valley and Munich. Mbanq aims to create a global network for FinTech innovation, fostering cooperation and exchange on the global scale, and attracting best of breed innovators.
“Mbanq’s leadership in FinTech innovation is strengthened by the launch of its BAASIS accelerator in collaboration with strong regional partners, such as Life.SREDA VC, Arival Bank and IBM Blockchain. Our accelerator program is the key driver for ecosystem development encompassing FinTechs, Banks, Academia and Regulators across different continents” – said Mbanq CEO Vladimir Lounegov.
Mbanq BAASIS accelerator focuses on FinTechs in the following categories:
- Banking products and solutions
- Regulatory and compliance
- KYC and CRM
With our industry expertise and client successes, we enable startups to launch new products directly on our core banking technology to gain access to Mbanq existing and future clients across the world.
Application begins January 2019.
Mbanq is a universal digital banking platform for neo-banks, FinTechs and traditional banks supporting cryptocurrencies as well as all fiat currencies on multi-currency accounts. Mbanq is a fully compliant, vertically integrated solution, that covers the entire range of banking products for retail and corporate clients, with front-to-back office functionality including finance, treasury, and regulatory reporting. Mbanq’s white-label mobile apps and open banking API enable access to best of breed FinTech innovators while offering a modern digital experience to banking customers.
Life.SREDA is an international fintech venture capital firm headquartered in Singapore, that has invested into over 20 fintech companies. Life.SREDA’s portfolio consists of notable fintechs and digital banks including SumUp, Simple, Rocketbank, Fidor, & Moven. The firm regularly publishes fintech analytics and reports including Money of the Future, an annual fintech report used by some of the world’s leading tech companies. Life.SREDA is a well-known driver of the fintech ecosystem in Southeast Asia and is headed by Slava Solodkiy, who has been called one of the top 35 most influential fintech minds in the world (according to Institutional Investor Magazine).
About Arival Bank
Arival is a digital fintech bank for SMEs, freelancers, and crypto-related businesses. Arival believes partnering with fintechs is the essence to a great banking experience. Powered by open-API fintech banking, ArivalOS is a digital banking platform that integrates a full suite of 3rd party fintech products designed for businesses – to make running it easy. Arival offers bank accounts, money transfers, debit cards, and other fintech products ranging from mPOS and factoring to SME loans. Combining kick-ass customer engagement with exclusive product accessibility handpicked for businesses, Arival offers a seamless banking experience.