Brankas offers a payment infrastructure and API suite that enables financial institutions and fintechs to integrate money-in and money-out capabilities. Their solutions streamline digital banking, lending, and remittance services while supporting open finance compliance.
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.
Founders
Product
Problem
Businesses in the financial sector face challenges in integrating modern payment functionalities and achieving open finance compliance. This complexity hinders their ability to enhance digital banking, lending, and remittance services, and to create new revenue streams.
Solution
Brankas provides a comprehensive suite of APIs and payment infrastructure solutions designed to streamline financial operations and facilitate open finance adoption. Their platform enables businesses to integrate robust money-in and money-out capabilities, as well as build custom payment gateways. By leveraging Brankas' technology, companies can enhance their digital banking, lending, and remittance services, ensuring compliance with open finance standards and driving innovation.
Target Audience
The primary target audience includes financial institutions, fintech companies, and businesses seeking to enhance their digital financial services, achieve open finance compliance, and streamline payment operations.
Features
- **Direct (Money-in) API:** Facilitates secure, real-time fund transfers and payments from customers.
- **Disburse (Money-out) API:** Automates outbound payments to multiple recipients, individually or in bulk, from a unified dashboard.
- **Payment Infrastructure Solution:** Enables the development of custom payment gateways to optimize operations and reduce costs.
- **Open Finance Suite (API Hub):** Provides a centralized platform for managing API integrations and creating new revenue streams.
- **Use Case Integrations:** Offers tailored solutions for lending, digital banking, payments, and remittance services.
- **Regulatory Compliance Support:** Assists businesses in meeting open banking and geo-specific regulatory standards, including assessments for BSP (Philippines), Jordan, and Vietnam.
- **ISO27001 Certified and PCI-DSS Compliant:** Ensures adherence to international security and data protection standards.
- **Extensive Bank Coverage:** Integrates with a wide network of financial institutions across multiple markets.