Perfinal provides a core banking and virtual account management system that enables financial institutions to efficiently manage e-money, regulated crypto, and CBDC operations while ensuring compliance with regulatory standards. The platform enhances operational transparency and security, allowing clients to navigate complex financial landscapes and accelerate their time-to-market for new services.
Funding
$1M 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
Financial institutions face challenges in managing e-money, regulated crypto assets, and central bank digital currencies (CBDCs) due to the complexities of regulatory compliance and the need for secure, transparent operations. Existing core banking systems often lack the flexibility and modern technology required to efficiently handle these emerging digital financial instruments.
Solution
Perfinal offers Flux, a core banking and virtual account management system designed to streamline the management of e-money, regulated crypto, and CBDC operations for financial institutions. The platform provides a secure and transparent environment, ensuring compliance with regulatory standards while enabling the rapid launch of innovative financial services. Flux is tailored for fintech startups, greenfield projects, and progressive banks, offering features such as flexible orchestration of financial solutions, state-of-the-art IT methodologies, and assistance in launching innovative solutions quickly and reliably. The system's cloud-adaptive microservices architecture ensures flexibility and scalability.
Target Audience
The primary target audience includes fintech startups, greenfield projects, progressive banks, e-money providers, and central banks seeking to innovate and manage digital financial services efficiently and compliantly.
Features
- Cloud-adaptive microservices for flexibility and scalability.
- Virtual account management enabling users to freely hold and transact.
- Hierarchical treasury management facilitating distributor roles for commercial banks.
- Offline wallet integration extending financial services to rural areas.
- Multi-perspective portfolio management recognizing parties from multiple perspectives within the same system.
- Instant reserve synchronization keeping accounts updated with reserve/collateral accounts.
- Privacy enhancements strengthening system compliance with data privacy measures.
- DLT compatibility for Distributed Ledger Technology integration.
- Integrated ecosystem tracking to monitor and manage multiple liquidity providers.
- Real-time compliance management executing AML and fraud rules in real time.
- Custody & reserve automation integrating custody services and automating reserve management.
- Regulatory reporting for automated compliance.
- Company treasury pool management streamlining treasury operations.
- Timestamped audit logs enhancing accountability and traceability.
- Adaptable event recognition adapting to public network characteristics.
- Instant credit facility enabling easy lending scenarios.
- Flexible sub-account structures tailoring family and child accounts.
- Intuitive admin dashboard for effortless navigation and management.
- Effortless card and fee management for user-friendly operations.
- Real-time finance oversight monitoring transactions, fees, and balances.
- Multi-currency and FX conversion facilitating transactions in various currencies.