Wallester is a licensed financial institution that offers a white-label Visa card issuing solution, enabling businesses to launch their branded card programs with instant issuance and real-time tracking through an open API. The platform provides 300 free virtual cards to help companies manage corporate spending efficiently, eliminating hidden fees and enhancing financial control.
Funding
$6.1M 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
Many businesses face challenges in efficiently managing corporate expenses due to a lack of integrated tools for issuing cards, monitoring spending, and generating financial reports. Traditional corporate card programs often involve hidden fees, cumbersome processes, and limited real-time control over employee spending.
Solution
Wallester offers a white-label Visa card issuing solution that enables businesses to launch their own branded card programs, providing instant card issuance, real-time tracking, and comprehensive expense management. The platform allows companies to issue both virtual and physical cards to employees, set spending limits, and monitor transactions in real-time through a unified system. Wallester's solution integrates with existing accounting systems via an open API, streamlining financial processes and improving cost reporting. By offering a customizable and scalable platform, Wallester helps businesses optimize their financial operations, reduce administrative overhead, and gain greater control over corporate spending.
Target Audience
Wallester primarily targets businesses of all sizes, including fintech startups, crypto platforms, and retail outlets, that seek to streamline their corporate expense management and offer branded card solutions to their clients or employees.
Features
- White-label Visa card issuing for branded card programs
- Instant issuance of virtual and physical cards
- Real-time transaction tracking and expense monitoring
- Customizable spending limits for individual cards
- Open API for integration with existing accounting systems and ERP platforms
- Client portal and white-label mobile apps for iOS and Android
- Compliance with KYC and AML regulations
- 3D Secure protection for online payments
- Support for integration with digital wallets such as Apple Pay and Google Pay
- Fraud monitoring to ensure security