Launch and scale fast Netbank. This Philippine-based banking-as-a-service platform helps neobanks, payment companies and lenders offer financial services fast! 

Now, they’ve just raised their Series A.

• Launched in 2019, Netbank claims that they turned profitable last March. 
• They’ve seen their assets grow 1600% since early 2022, hitting over $18M.
• They’re partnered with Wise, Mastercard, and other finance and fintech platforms. 

Investor check. BEENext led the round. Kaya Founders and Oak Drive Ventures also joined in! 

• This is their first round of VC funding.  
• The amount raised was undisclosed. 

‍

😎Don't start from scratch

They offer white-labeled fintech solutions powered by their APIs.

Thanks to their full range of banking solutions, you can quickly allow your customers to open accounts, make and collect payments and access loans.

Plus, they can even help you issue cards and launch a mobile app! 

• No capital, no problem. They fund loans for alternative lenders.
• Government-regulated. Netbank has a banking license and is fully regulated by the Philippine central bank. 
• No more bad loans. Add automated KYC and KYB processes and access credit scoring tools too.

‍

🤔 Need more examples?
Alternative lenders. It’s more than just expanding your lending. Book loans on Netbank’s balance sheet, cross-sell more products, gather data for credit scoring, digitize your processes and more.

Neobanks. Set up a fully-functional neobank is just three months!

‍

🪄What the future holds?

They’re working on over 20 financial products. Oh, and they also plan to expand beyond the Philippines.