Fintava is a banking-as-a-service startup, which means businesses plug into its API to embed banking services without worrying about compliance, regulation or licenses. 

However, Fintava is taking banking as a service a step further with a solution called app as a service. Beyond offering banking services via its API, Fintava will now build a functioning mobile app for businesses on its platform that need it. 

App as a service was created to ease the process of digitisation for businesses. While digitising businesses has its perks such as increased reach, scalability, and convenient customer experience, it can be an expensive and time-consuming process.

For example, building an FX exchange platform could set businesses back $10,000 from developer fees to server costs, and maintenance fees. However, with Fintava, this cost comes down significantly. 

With a one-off payment of $500 and a monthly subscription of $200, Fintava will build a working platform for businesses hoping to take their business digital. As long as the business remains in operation, every technical detail will be handled by Fintava. 

What kind of apps can you build with Fintava’s app as a service?

You can build a wide variety of fintech applications with the app as a service. From loans to payments, banking, and even remittance apps, Fintava white labels apps and platforms to other businesses.

It is important to note, however, that you do not have to be a fintech to use Fintava’s app as a service. You can reach out [email protected] and they’ll help you figure out what works for you.

How long is the app as a service process?

From when you request your app to when it is published on app stores usually takes less than seven business days. 

Which platforms have used Fintava’s app as a service

Several startups have used Fintava’s app as a service but one of the most notable ones is Bizipay, which is set to onboard 100,000 customers in Jigawa State.