Businesses seeking to offer embedded financial products, such as branded payment cards, face complex integration challenges with traditional banking infrastructure. This often results in extended development cycles and high operational overhead for managing card programs and associated financial services.

ByQwest provides a modular, API-driven Banking-as-a-Service platform designed for the rapid deployment of embedded finance solutions. The cloud-native, serverless architecture enables businesses to select and integrate specific financial services, including card issuing, management, and core ledger functionalities, through a unified API layer. This approach allows for greater flexibility and efficiency in building and managing card programs, from initial configuration to transaction processing and settlement. ByQwest's platform supports a range of card types and configurations, facilitating a faster time-to-market for innovative financial products.

Modular, API-first architecture for flexible integration of financial services.

Cloud-native, serverless infrastructure for enhanced scalability and reliability.

Card issuing and processing engine supporting VISA and Mastercard programs.

Card Management System (CMS) for configuring prepaid, debit, and credit cards with multi-currency and limit controls.

Core banking system for managing accounting ledgers, virtual accounts, and settlement.

Payment messaging system for clearing transactions via industry-standard rails (SWIFT, SEPA).

Data Lake for operational data analysis, compliance, and product personalization.

Bank account management system for flexible IBAN-to-account mapping.

Dedicated cloud instances for each product to ensure data isolation and GDPR compliance.

The platform targets businesses and fintech companies looking to embed card programs and other financial services into their existing offerings, including those in the e-commerce, loyalty, and neobanking sectors.

Revenue is generated through a cost-efficient pricing structure based on transaction volumes and a "pick and choose" model for accessing specific platform modules.