ConnectPay

ConnectPay provides Banking-as-a-Service for online businesses across Europe through a single API integration. The platform lets companies embed financial services directly into their existing systems without redirecting customers to external providers.

Core financial services include:

• IBAN accounts with multicurrency support for business, personal, and segregated account types
• Payment processing covering SEPA instant transfers, cross-border payments, currency exchange, and card acquiring
• Debit cards both virtual and physical, available with white-label branding
• Digital wallets and recurring payment capabilities

The platform targets businesses operating within the EEA or those wanting to expand into European markets. Companies can select specific components rather than adopting the entire suite, allowing customized solutions that fit their particular needs.

ConnectPay handles compliance requirements including regulatory adherence, fraud prevention, and risk mitigation. The company holds an Electronic Money Institution license from Lithuania's Central Bank and maintains ISO 27001 and ISO 22301 certifications for data security and business continuity.

Integration happens through ready-to-use APIs with complete documentation. The platform processes 92% of transactions via API and maintains an average onboarding time of 8 seconds. Businesses can test integrations in a staging environment before going live.

The service operates across six continents and processes €3.6 billion in annual payment turnover. ConnectPay offers 24/7 support and maintains client funds totaling €75 million. Revenue opportunities include transaction fees and other monetization options that align with existing business models.