About CAKE CAPITAL

The startup offers a global trading platform that connects companies with institutional investors, enabling real-time transactions based on actual and projected revenue. This platform facilitates unbiased funding opportunities, allowing businesses to generate a recurring revenue stream while maintaining control over their growth.

```xml <problem> Fintechs and businesses often face challenges in providing comprehensive banking and payment services to their clients due to the complexities of integrating with multiple banks, payment rails, and compliance requirements across different regions. Managing multiple accounts, currencies, and payment methods can be cumbersome and costly. </problem> <solution> Cake Capital offers a banking-as-a-service (BaaS) API that enables fintechs to embed financial services into their platforms. Through a single integration, businesses can provide their customers with the ability to hold funds in multiple currencies, pay bills locally and internationally, and access a global network of accounts, wallets, and payment rails. Cake Capital provides access to FBO accounts, multi-level ledgering, cross-border and domestic payments, KYB/KYC, and transaction monitoring, all accessible through a unified dashboard and API. This allows businesses to streamline global payouts, manage multiple bank accounts, and reduce the time to market for new financial products. </solution> <features> - API-based access to a global network of accounts, wallets, and payment rails. - Support for holding money in 30+ currencies. - Real-time payments with 60+ local payout rails. - Multi-level ledgering for detailed transaction tracking. - Automated KYB/KYC and transaction monitoring for compliance. - Seamless global card issuing capabilities. - Pre-built white-label dashboard for account management. - Named subledgered accounts for granular control. - Integration with SWIFT. </features> <target_audience> Cake Capital primarily targets fintech companies and businesses that need to embed banking and payment services into their platforms to offer a wider range of financial solutions to their customers. </target_audience> ```

What does CAKE CAPITAL do?

Where is CAKE CAPITAL located?

CAKE CAPITAL is based in Toronto, Canada.

When was CAKE CAPITAL founded?

CAKE CAPITAL was founded in 2021.

How much funding has CAKE CAPITAL raised?

CAKE CAPITAL has raised 750000.

Location

Toronto, Canada

Founded

2021

Funding

750000

Employees

8 employees

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CAKE CAPITAL

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Executive Summary

cakecapital.com 200+

Founded 2021 – Toronto, Canada

Funding

Estimated Funding

$500K+

Team (5+)

No team information available.

Company Description

Problem

Fintechs and businesses often face challenges in providing comprehensive banking and payment services to their clients due to the complexities of integrating with multiple banks, payment rails, and compliance requirements across different regions. Managing multiple accounts, currencies, and payment methods can be cumbersome and costly.

Solution

Cake Capital offers a banking-as-a-service (BaaS) API that enables fintechs to embed financial services into their platforms. Through a single integration, businesses can provide their customers with the ability to hold funds in multiple currencies, pay bills locally and internationally, and access a global network of accounts, wallets, and payment rails. Cake Capital provides access to FBO accounts, multi-level ledgering, cross-border and domestic payments, KYB/KYC, and transaction monitoring, all accessible through a unified dashboard and API. This allows businesses to streamline global payouts, manage multiple bank accounts, and reduce the time to market for new financial products.

Features

API-based access to a global network of accounts, wallets, and payment rails.

Support for holding money in 30+ currencies.

Real-time payments with 60+ local payout rails.

Multi-level ledgering for detailed transaction tracking.

Automated KYB/KYC and transaction monitoring for compliance.

Seamless global card issuing capabilities.

Pre-built white-label dashboard for account management.

Named subledgered accounts for granular control.

Integration with SWIFT.

Target Audience

Cake Capital primarily targets fintech companies and businesses that need to embed banking and payment services into their platforms to offer a wider range of financial solutions to their customers.