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How payment gateway providers enable the launch of crypto neobanks\n<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\t\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\t\tStriga\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t
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Just a few years ago, the idea of a <\/span>crypto neobank<\/span><\/a> seemed like a dream. Today, multiple neobanks support crypto transactions. This is possible because of payment gateway providers. The providers have enabled neobanks to effortlessly integrate crypto payment systems into their platforms, offering a more flexible and modern banking experience.\u00a0<\/span><\/p>
Crypto neobanks offer many benefits, such as buying, holding, and managing cryptocurrencies.<\/span><\/p>
But, crypto neobanks are not just supporting cryptocurrency transactions, they’re transforming how people interact with digital currencies, making them safer, faster, and more accessible than ever before.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Payment gateway providers offer APIs for virtual banking<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Fintech startup visionaries can easily launch crypto neobank within six weeks with the help of payment gateway providers. Payment gateway providers offer a set of APIs that eliminate the need for hard-core tech and allow plug-and-play smart setup.\u00a0<\/span><\/p>
To become one of the best virtual banks<\/a> in the industry, it is important to be different and create ease for the end users. Crypto startups can differentiate themselves from traditional fintech companies by offering services like; crypto wallets, <\/span>exchanges<\/span><\/a>, and payments with lower fees and an easy onboarding process.\u00a0<\/span><\/p>
Partnering with payment gateway providers such as Striga empowers companies with APIs that help with wallet management and card issuing, as well as providing dedicated vIBANs to end users.\u00a0<\/span><\/p>
With the help of payment gateway providers, companies can issue physical or virtual cards to end users. A single, easy-to-use dashboard handles the whole card lifecycle management. Businesses can also approve or decline end users’ transactions in real-time.\u00a0<\/span><\/p>
Additionally, startups can partner with payment gateway providers to build innovative solutions for end users, such as offering crypto rewards, travel, BTC, or USDC cards.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Online payment systems, licensing complexities & KYC<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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MiCA stands for Markets in Crypto-Assets Regulations. Companies need this license before launching their crypto platforms in Europe. Getting a license is one of the major hurdles in building a crypto-neo bank.\u00a0<\/span><\/p>
Receiving a <\/span>MiCA license in Europe<\/span><\/a> can take six months to one year. However, payment gateway providers solve licensing complexities for crypto startups, which means companies can start operating within weeks without a license.\u00a0<\/span><\/p>
Another big issue crypto startups face is setting up an in-house compliance system and team within online payment systems<\/a>. This is where payment gateway providers such as Striga come in. Striga does KYC of the end-users, ensuring whoever is onboarded has a clean background.\u00a0<\/span><\/p>
Striga uses <\/span>Sumsub for the end user\u2019s KYC<\/span><\/a>. Additionally, an in-house compliance team monitors AML and handles suspicious transactions.\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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White label payment gateway benefits virtual banking \n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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A white-label payment gateway allows crypto neo-banks to launch quickly without investing heavily in development. Companies can start operations within a few weeks. Startups can build and launch crypto exchanges and wallets using white label payment gateway.\u00a0<\/span><\/p>
Additionally, companies can offer end users branded physical and virtual crypto cards with which customers can spend anywhere in the world. Providers like Striga offer a single set of APIs for building a white-label crypto platform. Whether it is <\/span>DeFi products<\/span><\/a> or a card program, Striga can deliver according to business requirements. <\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Striga Crypto-native Banking as a Service:<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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Your path to building and launching financial products<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Join the <\/span>financial businesses<\/span> that use Striga’s cloud platform<\/span> to delight their customers and launch their own products without the complexities that come when dealing with<\/span> core banking solutions\u2019 <\/span>relationships, licensing, compliance and payments methods.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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