All work
Authorised Payment Institution, London
Authorised Payment Institution, LondonMulti-currency business accounts for a UK payment institution
The platform and ledger behind a UK payment institution's business accounts: collect, convert and send in a dozen currencies under one IBAN, with bulk payouts to up to 1,000 recipients.
Core banking software
0
currencies under one IBAN
0+
payout currencies
0,000
recipients per bulk upload
The brief
An FCA Authorised Payment Institution in London needed to offer UK businesses multi-currency accounts without building a banking stack from scratch — on its own authorisation, with its own brand, and with safeguarding and reconciliation its compliance team could rely on.
Status
Live — TheFXSoft is the client's platform and ledger provider
What we built
- Customer web portal for business account holders, with the mobile app in development
- Admin back office for onboarding, compliance review and operations
- Double-entry customer ledger, statements and reconciliation
- ClearBank integration for UK payments and safeguarding accounts
- Multi-currency accounts: GBP plus 11 currencies under one IBAN
- Payouts in 60+ currencies through Daytona Capital Management
- Bulk payments: upload one CSV to pay up to 1,000 recipients
- White-label partner programme so partners run on the client's platform
Built with
ClearBankDaytona Capital ManagementWeb portalAdmin back officeLedger
More work
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