Finware provides a global Banking API that enables fintechs to create multi-currency wallets, facilitate real-time foreign exchange, issue cards, and execute instant payments across 220+ markets with a single integration. This solution addresses the complexity of accessing regulated financial infrastructure by offering IBAN accounts in over 144 currencies and eliminating high intermediary costs.
Funding
Funding not disclosed
Founders
Product
Problem
Fintech companies face significant complexity and high costs when trying to access regulated financial infrastructure for multi-currency wallets, foreign exchange, card issuance, and global payments. Integrating with multiple providers across different jurisdictions is time-consuming and expensive.
Solution
Finware offers a global Banking API that simplifies access to financial infrastructure, enabling fintechs to create multi-currency wallets, facilitate real-time foreign exchange, issue virtual and physical cards, and execute instant payments across numerous markets. The API provides access to IBAN accounts in over 144 currencies, reducing reliance on intermediaries and lowering transaction costs. Finware handles the complexities of regulatory compliance and infrastructure management, allowing fintechs to focus on their core product and user experience.
Target Audience
Finware's primary customers are fintech companies looking to expand their global reach and offer comprehensive financial services to their users.
Features
- Multi-currency wallets supporting numerous global currencies
- Real-time foreign exchange (FX) capabilities, bypassing traditional intermediary fees
- Virtual and physical card issuance for customer convenience
- Instant global payments to over 220 markets from 100+ countries
- Access to IBAN accounts in 144+ currencies for simplified funding and reconciliation
- A single API integration point for all financial services