GST return Filing in...
Financial & Legal
Building a fintech from the ground up is not only resource-intensive but also requires deep knowledge of both technology and compliance. Many businesses find themselves juggling multiple software products, spending hours on complex card program documentation, which makes it harder to focus on scaling and managing the business.
Moreover, with the European Union's MiCA regulation rolling out this year, crypto fintechs will face additional compliance and licensing costs to continue operating in the region. While larger companies may already have the necessary licenses, a significant portion of the industry is still struggling to meet these requirements.
Rather than navigating these regulatory challenges and managing countless partnerships, a more efficient approach is to leverage Striga’s crypto banking platform. The white label crypto bankingallows you to design and launch your own card program within six weeks—without the need for licenses.
Streamlining White Label Card Issuing
Scaling in today’s ecosystem poses significant challenges for crypto fintechs, especially when trying to drive true crypto adoption. One of the most effective ways to promote adoption is by offering crypto debit cards linked to crypto wallets, enabling users to make everyday purchases with ease.
Not only can users tap their card at local stores, but they can also earn digital assets on each purchase, similar to cashback rewards.
However, the current card issuing process is far from simple. It often involves coordinating with up to eight third parties—ranging from crypto exchange wallets to AML and KYC providers. This makes the process time-consuming, expensive, and fraught with delays. Once everything is ready to launch, businesses often need to co-brand with multiple partners, complicating things further.
White label crypto banking eliminates these inefficiencies by providing a seamless integration for all necessary services under one platform. This combines crypto banking infrastructure with regulatory compliance, allowing businesses to launch sooner and without the heavy proprietary systems typically required.
Fintech businesses can compete on par with traditional banks, minus the overhead, creating new opportunities for growth and success.
Launch Your White Label Debit Card in 6 Weeks
The expertise in compliance, coupled with its developer-friendly white label card issuing APIs, removes the complexity of managing partnerships and paperwork. This allows businesses to build, test, and launch a card program in just six weeks.
The process starts by designing your white label debit card and the provider can guide you through the design process, after which the cards are printed and distributed.
Next, you can integrate with the card issuing API using open documentation and a publicly available sandbox, allowing the API to handle the heavy lifting.
Finally, you can manage card program operations—such as transactions, payments, and card lifecycles—through the web application. Once your cards are tested and ready, you can launch your fully branded card program, enabling a quick market entry without the hassle.
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