Best 5 White-Label Neobank Solutions in 2024: By David Smith

Neobanks continue to face a unique challenge in 2024: standing out in a market dominated by traditional banking institutions. As big banks intensify their digital transformation efforts, fintech startups and neobanks need to act strategically.

One of the most efficient ways to compete in this crowded market is by leveraging
white-label neobank solutions. These platforms enable neobanks and fintech leaders to launch tailored financial services quickly and affordably, while maintaining flexibility and scalability.

What Are White-Label Neobank Solutions?

A white-label neobank solution is a pre-built banking platform that can be customized with just a company’s branding, features, and services. These platforms provide a cost-effective way for startups and financial institutions to launch fully branded digital
banking products without building infrastructure from scratch.

White-label solutions are particularly appealing for
neobanks aiming to offer digital wallets, payment services, lending, or investing — all without the need for heavy upfront investment.

Key Benefits of White-Label Solutions for Neobanks

White-label banking platforms are becoming increasingly popular among neobanks and fintech startups for several reasons:

1. Faster time-to-market

Launching a neobank from scratch can take years. With white-label solutions, businesses can roll out customized digital banking services in a matter of weeks. This speed enables neobanks to adapt quickly to changing market demands and stay ahead of the competition.

2. Reduced costs

Developing banking infrastructure in-house is expensive. White-label solutions significantly lower operational and development costs, making them a more viable option for startups and scale-ups aiming for profitability.

3. Built-in regulatory compliance

Navigating financial regulations can be daunting. Leading white-label platforms for neobanks come with robust compliance frameworks, helping businesses meet EU regulations like KYC (Know Your Customer), AML (Anti-Money Laundering), and

PSD2 requirements.

4. Scalability and flexibility

White-label platforms provide a modular infrastructure that grows with your business. Whether you need to add new features like multi-currency accounts or expand to new markets, white-label solutions offer the flexibility to scale seamlessly.

5. All-in-one capabilities

Neobanks can offer diverse services — such as digital wallets, currency exchanges, or investment tools — through a single platform. This versatility helps attract a wider customer base and enhances customer loyalty.

Top 5 White-Label Neobank Providers in Europe

Europe is home to several industry-leading white-label neobank solutions. Below, we explore the strengths and constraints of five top providers: Intergiro, Swan, Velmie, Crassula, and SDK.finance.

1. Intergiro

Best for: consumer-focused banking apps

Intergiro offers an embedded financial services platform designed for rapid deployment and scalability. Key features include:

• No-code CMS. Quickly launch branded banking apps without writing a single line of code. 
• Real-time insights. Advanced data analytics (DaaS) enable neobanks to track customer spending trends and tailor offerings accordingly.
• Back-office management. Built-in platform that streamlines user management, tracks onboarding, cards, and payments, while optimizing operations and support.
• Monetization features. Generate revenue through IBANs, cards, in-app affiliate programs, and customizable transaction fees.

Potential constraint: Intergiro’s Marketing-as-a-Service (MaaS) may not be relevant for neobanks with their own in-house teams.

2. Swan

Best for: business banking platforms

Swan specializes in Banking-as-a-Service (BaaS) for accounts, cards, and payments. Highlights include:

• Payment risk management. Swan takes on payment risk, simplifying compliance.
• No-code and open source templates. Open accounts and issue cards with pre-built templates. 
• Flexible engagement. No setup fees; pay for services as needed.

Potential constraint: Some features, such as card acquiring, are still in development.

3. Velmie

Best for: global neobank initiatives

Velmie provides modular, scalable banking software with a global focus. Key strengths include:

• Rapid deployment. Launch new fintech products six times faster than the industry average.
• Modular architecture. Customize and scale the platform to fit specific market needs.
• Reach beyond Europe. Velmie supports cross-border banking and multi-currency operations beyond Europe. 

Potential constraint: May offer unnecessary features for businesses focused exclusively on Europe.

4. Crassula

Best for: crypto-friendly neobanks

Crassula offers a hybrid platform for traditional and crypto services. Key benefits include:

• Customizable branding. Tailor mobile apps and web interfaces to your brand.
• Modular setup. Choose and integrate multiple providers based on your needs.
• Analytics tools. Understand customer behaviors and optimize banking app usage.

Potential constraint: As Crassula aggregates banking-as-a-service providers, you must collaborate with third parties and ensure compliance with European regulations.

5. SDK.finance

Best for: Highly tailored banking solutions

SDK.finance offers robust banking software with out-of-the-box integrations for KYC, payment gateways, and FX. Key features include:

• Multi-currency support. Enable customers to transact in both fiat and digital currencies.
• P2P transfers. Simplify peer-to-peer payments within a branded banking ecosystem.
• Flexible monetization. Configure transaction fees to maximize profitability.

Potential constraint: May require more customization compared to plug-and-play solutions.

Choosing the Right White-Label Solution for Your Neobank

Selecting the right white-label banking platform depends on your specific needs. Consider factors such as:

1. Required features (e.g., crypto support, business banking, or consumer banking).
2. Scalability to support long-term growth.
3. Compliance and security frameworks to meet regulatory demands.
4. Cost-effectiveness and ease of deployment.

Get Started with a White-Label Neobank Solution

In 2024, the competitive edge for neobanks lies in choosing the right tools for growth. White-label banking solutions offer a fast, cost-effective, and scalable way to launch a tailored neobank experience. Whether you’re a fintech startup or an established
financial institution, white-label platforms can help you stay ahead in a rapidly evolving industry.