The current trend in the payment market is the move from heavily regulated banking into payment institutions. This enables customers to open accounts and make e-payments quicker and easily throughout the UK/EU. The costs of operation, including relevant staff, and regulatory compliance is insignificant compared to the same in banking.
Our business model is the transactional-driven model that generates fee-based income lines and reduce the company’s risk profile. We will offer user-friendly payment services that will allow customers to open and manage accounts online, submit and update all relevant documentation and register for all products and services. We will use the latest advanced ID identification, including face recognition software, technology to facilitate our onboarding process and mitigate fraud risks.
Our team has significant experience in banking, payment, regulatory and legal compliance, including experience in the UK/EU. We have the right skills and contacts to ensure that the business plan will be implemented as intended.
We aim to generate client based in the UK and the EU with main focus on SME and blue-chip companies that operate across all industries.