Overview
Automate the process of opening and managing FDIC-insured US bank accounts as well as Europe bank accounts at Interlace on behalf of your customers using our programmable platform.
With our platform, you can open demand deposit accounts for both your business and consumer customers at Interlace. Our payment rails, which include Wire, ACH, SEPA, and international payments (SWIFT), enable these bank accounts to transact within the global banking ecosystem.
This feature is ideal for companies offering financial products that require end-customers to maintain their own bank accounts. Additionally, bank accounts provide a solid foundation for various card-based use cases.
In summary, Interlace empowers you to offer financial products that necessitate bank accounts, all without the complexities of traditional banking processes. We provide the essential infrastructure to support these products, including bank accounts and payment rails, allowing you to focus on delivering value to your customers.
Use Cases
Neobanks and digital wallets
Neobanks and digital wallets require a bank account for their customers to store and manage their funds, but they frequently lack the necessary infrastructure. Interlace Business Account can assist these companies in opening and managing bank accounts for their customers, as well as providing payment rails, allowing them to concentrate on growing their core business.
Payment processors and payment facilitators
Payment processors and payment facilitators need to deliver a seamless payment experience to their customers, yet they often struggle to manage the underlying bank accounts. Our platform can assist these companies in creating and managing bank accounts for their customers while also facilitating payments, enabling them to offer a more integrated solution.
Financial services providers
Financial services providers, including lenders, investment firms, and insurance companies, often require customers to maintain a bank account to receive payments and conduct transactions. Our platform can assist these companies in opening and managing bank accounts for their customers while also providing payment rails, allowing them to streamline their operations.
Small and medium-sized businesses
Small and medium-sized businesses often face challenges when it comes to opening and managing bank accounts, especially if they operate across multiple currencies. Our platform can assist these businesses in opening and managing bank accounts for their operations while also facilitating payments, allowing them to concentrate on growing their business.
Updated 20 days ago