Argenta Solutions Fintech

2022-12-17 19:40:14 United Kingdom Financial Company Banking service provider for sale

Company has prepared documents to submit for UK AEMI license in early January 2023

Company description:

• active white-label banking program with EMI from United Kingdom
• opening of private accounts with unique IBAN from Ireland GBXXXXX
• assignment of up to Three IBANs per Account
• active customer base of more than 2000 individuals. Monthly revenue 35 000£
• own Software. iOS, Android, Web Apps. ApplePay and GooglePay in process
• issuing of Prepaid Virtual and Plastic MasterCard for private and corporate customers

Asking price: 100 000

Contact: [email protected] Open / Comment

2022-12-17 19:35:04 Estonian Financial Company Banking service provider for sale

Company description:

• active white-label banking program with EMI from Ireland
• opening of private accounts with unique IBAN from Ireland IEXXXXX
• assignment of up to Three IBANs per Account
• opening of corporate accounts with monthly turnover of up to 1 000 000€
• corporate account opening possible for all EU companies (low-mid risk)
• own Software. iOS, Android, Web Apps. ApplePay and GooglePay!
• issuing of Prepaid Virtual and Plastic MasterCard for private and corporate customers

Asking price: 50 000

Contact: [email protected] Open / Comment

2022-12-14 18:22:37 Ready-made company with crypto license in Lithuania (EU) for sale

Permissions:

1) virtual currencies wallet service;
2) exchange, hold, purchase and sale of virtual currencies;
3) transactions with crypto assets;
4) other activities related to crypto assets and virtual currency services.

What's included:

• Ready-made company in Lithuania;
• Year of company registration: 2022;
• Obtained crypto license;
• Approved bank account in Lithuanian EMI;
• Registered address for 12 months;
• Standard AML rules;
• Company is clear, didn’t conduct any activity;
• Fast track purchase.

Share capital is paid in amount of 2500€

Sales Price 30 000€ obo
Contact: [email protected] Open / Comment

2022-12-14 12:53:09 APIs in which the intermediary (TPP) is charged

Third-party providers (often referred to as TPPs) may build business models where they charge their customers for the services they provide - services that may be enriched by additional data or other services made available by the banks through premium APIs.

Indirect revenue

Indirect methods of monetisation might mean the acquisition of a service or content from a partner, which possibly helps in improving customer service, i.e. the gain is not directly monetary in nature. Other forms of indirect monetisation might include lead generation - the identification of potential customers. Open / Comment

2022-12-14 12:53:02 Generally speaking, the main recognised categories are:

Free APIs

For obvious reasons free APIs cannot be monetised as part of a monetisation strategy relying on premium APIs. The monetisation of free APIs would rely on one or more of the other strategies.

APIs in which the users are charged

The ‘Consumer Pays’ model can have variants that require the consumer to pay for different levels of usage (Tiered), to pay a fee based on usage (Pay as You Go), to pay according to the consumption of specific units of computing or service (Unit – such as CPU cycles), or to use the API for free but pay for various types of additional services (also popularly known a “Freemium” model). Open / Comment

2022-12-11 16:21:49 Key Takeaways:

Big tech investment activity in fintech is declining. Big tech companies have participated in 10 fintech deals worth a total of $1.2B in 2022 so far — their slowest pace of deal activity in the space for years.

Big tech competition intensifies across digital wallets and e-commerce. Apple and Google are now in fierce competition for the digital wallet category. Both giants are eyeing a slice of the digital ID market, but Apple has a potential edge due to its partnership with the TSA. Meanwhile, Google and Meta are emerging as new e-commerce hubs, competing for Amazon’s market share.

Big tech is experimenting with a wide range of fintech offerings, but some are still finding their footing. Google canceled its banking initiative Plex before the rollout, leaving long waitlists behind. Similarly, Meta ended its crypto initiative Diem after 3 years. However, the companies are far from abandoning fintech — Google, for example, has put its focus back on digital enablement. Open / Comment

2022-12-09 01:28:09 Open / Comment

2022-12-01 12:51:56 The European Union plans to oblige crypto companies to report to the tax authorities on customer transactions — companies will be required to verify the names, addresses, social security numbers and dates of birth of users and transfer them to the tax authorities.

The new law is primarily designed to curb tax evasion. Open / Comment

2022-11-28 16:17:52 How do we 𝐥𝐞𝐚𝐫𝐧 𝐏𝐚𝐲𝐦𝐞𝐧𝐭𝐬 𝐪𝐮𝐢𝐜𝐤𝐥𝐲?
.
.
The mind map below shows an extensive outline of payments knowledge. 

This gives us 𝐚 𝐭𝐨𝐩-𝐝𝐨𝐰𝐧 𝐯𝐢𝐞𝐰 𝐨𝐟 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 and an overview of how the payment systems work.

Notice that different countries have different payment frameworks. 
But in general the payment industry is composed of below parts:

Regulatory Authority
Central Bank
Commercial Banks
Non-Bank Payment Companies
Payment Systems
Clearing Networks
Settlement Systems

𝐌𝐨𝐫𝐞 𝐔𝐬𝐞𝐟𝐮𝐥 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥𝐬 for your reference:
- Payment Systems in the U.S. by GlenBrook
- BIS (Bank for International Settlements) Website
- PayPal documents
- Stripe documents
- SWIFT documents Open / Comment

2022-11-25 17:28:34 BLACK FRIDAY!
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All WestStein money transfers to alternative payment systems with 50% DISCOUNT!

Fee has been reduced to 1%.
Action is valid from 23th of November 2022 till the 1st of February 2023.

Get your Weststein card in only 5 minutes www.weststeincard.com Open / Comment