BEPI provides an integrated financial platform for businesses managing global operations. It offers virtual corporate cards for expense control and multi-currency accounts for seamless international transactions and payouts. The platform also facilitates online payment acceptance and provides analytics for financial monitoring.
Funding
Funding not disclosed
Founders
Product
Problem
Businesses managing global operations face complexities in expense control and cross-border transactions. Traditional financial systems often lack integrated solutions for virtual corporate card issuance and multi-currency account management, leading to inefficiencies in payment processing and international payouts.
Solution
BEPI offers an integrated financial platform designed to streamline business finance operations. The platform provides virtual corporate cards for granular expense management across various categories like marketing and travel. It also features a multi-currency account enabling seamless global transactions and competitive currency exchange rates. Businesses can accept online payments from major card networks and execute international payouts efficiently through various channels, including UK Faster Payments and EUR SEPA. The system includes analytics tools for monitoring fund movements and managing virtual card spending.
Target Audience
The primary target audience includes businesses of all sizes that conduct international transactions, manage employee expenses, and require efficient online payment processing capabilities.
Features
- Virtual corporate card issuance with customizable spending limits for specific expense categories (e.g., marketing, travel).
- Multi-currency IBAN accounts supporting a wide range of currencies for international transactions.
- Online payment acceptance for VISA and MasterCard with processing fees starting at 1.2%.
- Global payout capabilities via UK Faster Payments, EUR SEPA, and over 30 other currencies.
- Competitive currency exchange services with transparent conditions, starting from 0.5% for FX services.
- Integrated analytics dashboard for tracking payments, payouts, and virtual card expenditure with instant reporting.
- API and SDKs available for developers in Node.js, Java, and PHP for programmatic integration.
- E-commerce plugins for platforms including Shopify, WooCommerce, Magento, PrestaShop, and OpenCart to facilitate payment gateway integration.
- Sandbox environment for developers to test payment integrations.