Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
BankStore serves as an online marketplace designed for businesses in search of bank accounts and payment solutions. Featuring a comprehensive directory of 1,386 providers from 103 countries—including banks, electronic money institutions (EMIs), payment processors, and acquirers—the platform allows users to compare various products, fees, and coverage options. Users can filter results based on jurisdiction, industry type, company structure, and currency requirements. Additionally, a reusable Know Your Business (KYB) profile helps to manage company details and necessary documents, while guided workflows facilitate the tracking of provider requirements and the status of applications. The platform also enables cross-border transactions, foreign exchange, and merchant acquiring services. Its user base encompasses startups, small and medium-sized enterprises (SMEs), e-commerce businesses, fintech startups, investors, and Web3 organizations. As a technology intermediary rather than a bank, BankStore partners with institutions that provide services and independently determine the onboarding process for applicants. Importantly, the platform clarifies that it does not manage customer funds. While browsing the directory, matching providers, and creating profiles are offered at no cost, fees from third-party services may differ based on the specific provider. This approach not only streamlines business banking options but also enhances accessibility for a diverse range of enterprises.
Description
Banking Circle operates as a fully licensed financial institution, delivering essential financial infrastructure to businesses, banks, and marketplaces. They offer a variety of services such as cross-border payments across 24 currencies, access to 11 local clearing systems, and a wide range of solutions that cover accounts, payments, and foreign exchange. Since its inception in 2016, Banking Circle has recorded an impressive compound annual growth rate of 108% in payment volumes processed for its clients. Their advanced infrastructure allows for the secure and compliant movement of liquidity in real-time for all major currencies, thereby enhancing clients' global reach and access to various markets. Users can easily manage their payments and FX conversions through an intuitive, PSD2-compliant client portal that provides instant access. No integration is necessary, making it simple to connect to multiple domestic markets through a single point of integration, eliminating the need for local banking relationships. This innovative approach streamlines transactions and empowers businesses to operate more efficiently in the global marketplace.
API Access
Has API
No
API Access
Has API
Yes
Screenshots View All
No images available
Integrations
Framnex
No
Trusek
No
Pricing Details
$0
Provider matching is available at no cost. Depending on the service, BankStore may charge an annual platform license or a success fee when an account is opened through a supported process. Provider fees pass through without markup, and there is no setup fee if no provider matches.
Free Trial
No
Free Version
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
No
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
Yes
In Person
Yes
Vendor Details
Company Name
BankStore
Founded
2023
Country
United Kingdom
Website
bankstore.ai
Vendor Details
Company Name
Banking Circle
Founded
2016
Country
Luxembourg
Website
www.bankingcircle.com
Product Features
Business Bank Accounts
Bank Wires
No
Bill Pay
No
Billing & Invoicing
No
Business Credit Cards
No
Checking Account
No
Checks
No
Expense Management
No
Instant Payouts
No
No Fee Payments
No
Rewards
No
Savings Account
No
Spend Management
No
Product Features
Alternatives
No Alternatives