Netbank provides a developer‑focused open finance platform that combines Banking‑as‑a‑Service (BaaS) and open banking APIs to enable automated account opening, payments, disbursements, card issuance, and loan services through white‑labeled mobile apps and API integrations.
Funding
$20M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
4OIVFounders
Product
Problem
Fintechs and enterprises in APAC and MENA often face lengthy, costly integration processes to access banking services such as account opening, payments, card issuance, and lending. Legacy banking infrastructure and fragmented APIs make it difficult to launch digital financial products quickly while remaining compliant with regional open‑finance standards.
Solution
Netbank provides a developer‑centric open‑finance platform that unifies Banking‑as‑a‑Service (BaaS) and open‑banking APIs into a single, standards‑aligned suite. The platform delivers automated account opening, inbound and outbound payment processing, card issuance, and loan origination through white‑label mobile apps or direct API calls. By exposing market‑leading, pre‑built endpoints, Netbank eliminates the need for custom bank integrations, reducing time‑to‑market and operational costs. Built by top‑tier engineers, the APIs include built‑in compliance checks for APAC and MENA regulatory frameworks, enabling partners to maintain audit readiness. Real‑time transaction monitoring and sandbox environments support rapid development and testing, while comprehensive documentation accelerates developer onboarding.
Target Audience
Netbank targets fintech startups, digital banks, neobanks, and large enterprises in APAC and MENA that need to launch or extend financial products without building bespoke banking integrations.
Features
- Unified API hub covering account opening, money‑in (Direct), money‑out (Disburse), card issuance, and loan services
- White‑label mobile‑app SDKs that embed banking functionality without requiring separate UI development
- Built‑in compliance with regional open‑finance standards (e.g., BSP, Jordan, Vietnam) and automated KYC/AML checks
- Real‑time transaction monitoring and webhook notifications for instant event handling
- Sandbox and test environments for rapid prototyping and integration testing
- Scalable, cloud‑hosted infrastructure with high‑availability SLA for production workloads