Provides a banking-as-a-service platform with plug-and-play APIs for payment processing, KYC onboarding, and financial transactions. Enables businesses to integrate banking features like UPI gateways, bulk payouts, and escrow accounts, reducing time-to-market for fintech products by up to 90%. Processes over $5 billion annually, supporting 200 million+ API transactions for 1,000+ global businesses.
Funding
$4.7M 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.
+4Founders
Product
Problem
Many businesses face challenges integrating complex banking and financial functionalities into their platforms, leading to increased development time and resource allocation. Integrating payment processing, KYC onboarding, and other financial transactions can be particularly cumbersome.
Solution
Neowise offers a Banking-as-a-Service (BaaS) platform that provides plug-and-play APIs and SDKs to streamline the integration of banking and financial features. The platform enables businesses to incorporate functionalities such as UPI payment gateways, bulk payouts, escrow accounts, KYC/onboarding, and ledgers directly into their applications. By leveraging Neowise's pre-built APIs, companies can significantly reduce the time-to-market for their fintech products and focus on core business objectives. The platform supports a wide range of financial APIs, including prefill APIs, MSME verification, BBPS APIs, and UPI Autopay.
Target Audience
Neowise primarily targets businesses globally that require banking and financial APIs to enhance their platforms, including fintech companies, e-commerce businesses, and other organizations seeking to integrate financial services.
Features
- Comprehensive suite of APIs for payment collections, settlements, and recurring payments
- UPI payment gateway for seamless integration with the Unified Payments Interface
- Instant payout functionality for quick and efficient fund disbursement
- Escrow account management for secure transactions
- KYC and onboarding APIs for streamlined customer verification
- Ledger management for tracking financial transactions
- Prefill APIs for automated data entry
- MSME verification APIs for business validation
- BBPS APIs for bill payment integration
- UPI Autopay for automated recurring payments