Borderless accounts on the go
Finmo offers a wallet solution so your customers have the ability to load and store funds in a safe and secure platform. Use Finmo’s Wallet API solution to collect, spend and transfer funds between users.
Multicurrency Virtual Accounts
Issue a virtual account to a wallet. Whether it’s a BSB & Account number or PayID in Australia, an IBAN in Europe or an Account number in Singapore, Finmo can hold these static identifiers against an individual or business wallet, so your consumers can load funds via their local bank transfers wherever they want to.
Finmo provides identity verification & know your customer services for wallet issuance to ensure they are compliant with local regulations and account issuance requirements.
Finmo has done integrations with several government digital identity verification services for smoother onboarding.
Finmo provides identity verification & know your customer services for wallet issuance to ensure they are compliant with local regulations and account issuance requirements.
Finmo has done integrations with several government digital identity verification services for smoother onboarding.
Use-cases
Create a wallet for employers and employees. Move funds between wallets when an employee raises an expense claim or issue a physical or virtual card against it.
Onboard seller and buyer wallets, allow buyers to load their escrow wallet where the funds will be held with Finmo. Release funds from the buyer escrow wallet to seller wallet once the seller fulfils the transaction. You can also partially release the payments for a milestone based payment plan.
Features
