NewTech Friday: ifindbanks.com - Banking and payment solutions for high-risk industries

SME Banking
08/11/2024 Interview
profile picture of Vaida Saltenyte

Vaida Saltenyte

ifindbanks.com

Founder

ifindbanks.com is the go-to network connecting high-risk industries with tailored banking and payment solutions, bridging the gap between ambitious sectors like crypto, gaming, and venture capital, and the traditional financial world. Qorus’ Boris Plantier spoke with founder Vaida Saltenyte to learn more about it.

What led to the creation of ifindbanks.com?

ifindbanks.com was created in response to the specific challenges faced by high-risk and medium-risk businesses, including cryptocurrency companies, financial institutions (fintechs), foreign exchange/contract for difference (Forex/CFD) brokers, online casinos, affiliate marketers, and similar types of companies. Traditional banking and payment solution providers typically do not serve high-risk and medium-risk industries, making the process of securing reliable and compatible banking and payment solutions very time-consuming, complex, and, in many cases, unsuccessful for these businesses.

Could you elaborate on ifindbanks.com's offerings?

ifindbanks.com is a platform dedicated to simplifying the complex process of finding suitable banking and payment solutions for high-risk and medium-risk businesses. With extensive experience in the crypto and forex industries, ifindbanks.com understands the unique needs and considerations of these businesses. We facilitate:

Acquiring IBANs not just for internal business use, but also for issuance to your clients

Card processing and issuing products and services

Crypto processing, crypto on- and off-ramp solutions, over-the-counter (OTC) transactions

Alternative payment methods (APMs) and Open Banking solutions

While over half of our partners are based in Europe, we also offer solutions for different regions, helping businesses expand their operations to the Middle East, Latin America, and Southeast Asia.

We streamline the process by offering personalized recommendations through our curated network of vetted banking and payment providers. This saves our clients valuable time and resources that might otherwise be spent navigating intricate financial landscapes. In addition to personalized recommendations, we offer ongoing support, including guidance on communication with our partners and assistance during onboarding. With our help, clients not only obtain the banking and payment products they need but also receive strategic advice regarding targeted jurisdictions.

What's next for ifindbanks.com?

Our vision is to become the one-stop shop for all things banking and payments related to high-risk and medium-risk businesses. We are actively expanding our network of trusted partners, ensuring our clients have access to the most relevant and up-to-date solutions available. Additionally, we are exploring technological advancements to further personalize the client experience.

By combining a curated network, personalized recommendations, and a focus on high- and medium-risk industries, ifindbanks.com positions itself as a valuable partner for businesses navigating the complexities of securing reliable financial solutions.

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