Banking as a Service

Banking as a Service (BaaS) is a model where licensed banks integrate their digital banking services directly into the products of non-bank businesses. This allows companies to offer financial services to their customers without needing to acquire a banking license themselves, leveraging APIs for seamless and secure transactions. BaaS primarily benefits fintech companies, startups, and other businesses looking to provide banking services without the regulatory burden of becoming a bank.

Banking as a Service was discovered on February 12th 2022 and it currently has a search volume of 5.4K with a growth of +19%.