Bankingblocks has combined the traditional European PI, agency banking and acquiring licenses groups to create a stand-alone modular banking service for the fintech and payments industry. As a SWIFT and SEPA member with their own sort code and BIC, Bankingblocks can deliver backend banking for this growing industry. The missing block was the front end, and Bankingblocks identified an opportunity for a full end to end solution using Pannovates LaunchPad product.
Daria Rippingale CEO of Bankingblocks said: “We are an agnostic wholesale banking provider, but many times we have fintechs and businesses who are also in need of their own, highly-functional front-end mobile banking products – with their own branding. We have spent a long time reviewing the providers in the market, and Pannovate was an easy choice. As an already integrated front-end banking solution, fintechs can work with Bankingblocks to launch their businesses in a fraction of the time, front-end customer banking, all the way through to licensed banking products.”
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