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Building a fintech from the ground up is not only resource heavy, it requires an extensive knowledge of technology and compliance. You’re left managing multiple software products for hours and convoluted card program documentations that make it difficult to focus on running the business.
Not to forget, as the European Union rolls out MiCA regulation this year, crypto fintechs will need to shell out an additional compliance and license budget to continue operating in the region. And while the bigger players are well positioned with their licenses in place, that’s not the case for a larger fraction of the industry.
Instead of worrying about regulatory hassles and partnership details, a smarter and efficient way to launch is through Striga’s crypto banking platform. The white label debit card solution allows you to design your own card program and launch within six weeks – without requiring any license.
Simplifying White Label Card Issuing with Striga
The current ecosystem poses multiple challenges for crypto fintechs looking to scale – the toughest being encouraging true crypto adoption. And the best way to do that is through crypto debit cards linked to a crypto wallet so customers can make everyday purchases.
So, not only can they tap their card at a local grocery store, each time they make payments they earn digital assets similar to a cashback.
But the current card issuing process isn’t as straightforward.
The average card issuing program requires 8 different third-parties. From crypto exchange wallets to an AML and KYC partner. Soon enough, the process gets tedious and time consuming, thus delaying time to market even more. And once ready to launch, the businesses need to co-brand with multiple partners.
Striga simplifies this with a simple integration for all the product lines under one platform – providing a tailored product that fits the business needs best. Combining crypto banking infrastructure with financial regulation infrastructure – to allow for an early market launch.
Competing on-par with traditional banking systems without any of the heavy proprietary infrastructure – Striga creates an opportunity for fintech businesses to grow and thrive.
Launch Your White Label Debit Card in 6 Weeks
Striga’s compliance expertise coupled with the developer friendly white label card issuing APIs takes away the unnecessary burden of partnerships and complicated documentation – allowing you to build, test, and launch in a matter of six weeks.
Start by designing your white label debit card or allow us to guide you through the creative process after which the cards will be sent for printing and distribution.
Next, integrate via the card issuing API with the open documentation and publicly available sandbox and sit back as the API does all the hard work for you.
Start managing the card program operations – such as transactions, payments, and card lifecycles – from the web application.
Once your cards are ready and tested, go ahead and launch the fully branded cards program.
Striga Crypto Banking as a Service: Blending Fiat and Crypto for True Payments Innovation
With a simple drag and drop feature, Striga’s crypto banking infrastructure allows you to focus on growing your business as we take care of the heavy lifting.
Interested in launching your fintech product with us? Submit a request where you briefly state the business details and our experts will reach out to you with a plan that suits your needs best.
Striga Crypto-native Banking as a Service:
Your path to building and launching financial products
Join the financial businesses that use Striga’s cloud platform to delight their customers and launch their own products without the complexities that come when dealing with core banking solutions’ relationships, licensing, compliance and payments methods.
