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Run Your Own Neobank

Fossapay’s white-label solution enables you to launch a fully-branded neobank or fintech platform using our banking infrastructure. Focus on your customers and growth while we handle the backend, compliance, and banking operations.
Launch Timeline: Go live in 2 weeks with our white-label solution

What’s Included

Virtual Accounts & Wallets

Complete banking infrastructure ready to use

KYC & Compliance

Built-in KYC flows and regulatory compliance

Payouts & Collections

Full payment processing capabilities

Developer Support

Dedicated technical support and sandbox access

Use Cases

Digital Banks (Neobanks)

Launch a full-featured digital bank:
  • Customer wallet accounts
  • Virtual account numbers for each customer
  • Debit cards (coming soon)
  • P2P transfers
  • Bill payments
  • Savings & investment features
Example Brands: Kuda, Carbon, FairMoney

Embedded Finance

Embed banking into your existing platform:
  • E-commerce platforms offering seller wallets
  • Gig economy apps with instant payouts
  • SaaS platforms with payment processing
  • Marketplaces with split payments
Example: Shopify Balance, Uber Money

B2B Fintech

Build financial products for businesses:
  • Business expense cards
  • Payroll automation
  • Invoice financing
  • Treasury management
Example: Brex, Ramp

Crypto-to-Fiat Bridge

Bridge cryptocurrency and traditional banking:
  • Fiat on/off ramps
  • Stablecoin wallets
  • Crypto trading integration
  • Cross-border payments

What You Control

Full Branding

  • Your brand name and logo
  • Custom color schemes
  • Branded account names
  • White-labeled communications

Customer Experience

  • Your app or web platform
  • Custom user flows
  • Personalized features
  • Your customer support

Pricing & Monetization

  • Set your own fees
  • Design pricing tiers
  • Revenue sharing models
  • Subscription plans

What We Provide

Banking Infrastructure

  • Virtual account issuance
  • Multi-currency wallets (NGN, USDT, USDC)
  • Payment processing
  • Settlement systems
  • Ledger management

Compliance & Security

  • KYC/AML systems
  • PCI-DSS compliance
  • NDPR compliance
  • CBN regulatory compliance
  • Fraud detection

API & Integration

  • RESTful APIs
  • Webhook notifications
  • SDKs (Node.js, Python, PHP)
  • Sandbox environment
  • Comprehensive documentation

Operations & Support

  • 24/7 technical support
  • Dedicated account manager
  • Developer community
  • Regular platform updates

Pricing Models

Revenue Share

Share transaction fees with Fossapay based on volume:
  • Starter: 70/30 split (You keep 70%)
  • Growth: 80/20 split
  • Enterprise: Custom rates

Platform Fee

Fixed monthly platform fee + lower transaction costs:
  • Basic: ₦500,000/month
  • Professional: ₦1,500,000/month
  • Enterprise: Custom pricing
Contact our sales team for custom pricing based on your expected volume and requirements.

Technical Architecture

Your application integrates with Fossapay APIs, and we handle all banking operations, compliance, and settlements.

Getting Started

1

Initial Consultation

Schedule a call with our team to discuss your requirements
2

Technical Integration

Our team helps you integrate the APIs and set up your sandbox
3

Compliance Setup

Complete business verification and regulatory requirements
4

Testing & QA

Test all features in sandbox with our support
5

Go Live

Launch your branded platform to customers

Success Stories

A consumer neobank launched with Fossapay’s white-label solution and acquired 100,000 users in their first 6 months, processing over ₦5 billion in transactions.
A gig economy platform integrated Fossapay to offer instant wallet-to-bank payouts, reducing payout time from 7 days to instant and improving freelancer retention by 40%.
A cryptocurrency exchange used Fossapay to build NGN on/off ramps, enabling customers to buy crypto with naira transfers and sell crypto to their bank accounts.

Feature Comparison

FeatureDIY Banking LicenseFossapay White-Label
Time to Market12-24 months2 weeks
Upfront Cost₦100M+₦0
Banking LicenseRequiredNot required
Compliance TeamBuild in-houseIncluded
InfrastructureBuild & maintainFully managed
API IntegrationN/A✅ Simple REST API

Regulatory Benefits

By using Fossapay’s white-label solution:
  • ✅ No need for your own banking license
  • ✅ Leverage our regulatory approvals
  • ✅ Built-in KYC/AML compliance
  • ✅ Automated regulatory reporting
  • ✅ Stay compliant with CBN regulations

Next Steps

FAQs

No, you don’t need your own banking license. You operate under Fossapay’s regulatory framework.
Yes, you can set your own fees and pricing for your customers. Fossapay charges you a wholesale rate.
Currently NGN, USDT, and USDC. More currencies coming soon.
Card issuance is coming Q2 2024. Contact sales for early access.
No minimum for the revenue share model. Platform fee models may have minimums - contact sales for details.

Contact Us

Ready to launch your neobank?