Best White Label Banking Platforms for Sumsub

Framnex empowers companies to introduce their own branded financial offerings without the need to construct an entire banking technology framework from the ground up. The platform integrates various components such as accounts, payments, foreign exchange, cards, digital wallets, and payouts, all powered by a cohesive infrastructure and API layer. It caters to FX brokers, payment processors, financial advisors, corporate service firms, and fintech teams looking to deliver financial solutions under their own brand name. Deployment methods are flexible, including Software as a Service (SaaS), on-premises deployment, and licensed software options.

White-Label Banking offers a versatile banking solution tailored for licensed financial entities, such as neobanks, digital banks, entities holding EMI and MSB licenses, as well as crypto and fiat initiatives. This platform integrates a fundamental banking system with a customized online banking interface for users, along with an integration layer that links the interface and core banking functions to external payment providers and networks. Key features for customers encompass onboarding processes, account management, balance checks, statement access, payment creation and tracking, data exports, customizable templates, and enhanced security through two-factor authentication. Additionally, the platform facilitates KYC/KYB workflows via Sumsub, enforces four-eyes (maker-checker) approval mechanisms, and provides tools for team oversight. Institutions maintain ownership of their licenses and branding, while Vertex Group delivers the software, offering the flexibility to modify user flows and integrate further providers, payment pathways, and product offerings both during the initial rollout and after the platform goes live. It is important to note that Vertex Group does not handle banking licenses or offer regulatory compliance services to its clients.