Verticals
Who We are
Verticals
Neobanks & Challenger Banks
Launch Digital Banking, rapidly!
Neofie has made significant investments in support of challenger’s and neobanks’ growth. Neofie BaaS is a comprehensive ready-to-use digital banking suite. It incorporates enterprise-grade technology to deliver Challenger and Neobanks the ability to offer banking services directly to customers’ mobile phones or via other digital channels in a timely and efficient manner.
Digitize Customer Experience with Open APIs
Neofie BaaS platform with its Open API architecture has been specially designed for challenger and neo banks to offer an exceptional customer experience. The many APIs make it easy to respond quickly to market demands, bundle attractive financial service plans, and acquire new customers in a comprehensive digital experience.
Focus on Business
Neofie cloud-native platform is constructed to be secure, highly scalable, agile, and robust with minimum requirements for operation and upgrade efforts. Neofie offers Challenger and Neobanks a complete “managed services” option that includes but not limited to, day to day operations, feature enhancements, developments, and upgrades to maintain focus on the core business functions.
Business Assurance with Security
Neofie provides the essential components like security, trust and customer experience as key banking components. Neofie enables competitive and neobanks to comply with sector regulations and anti-money laundering (AML) measures. Neofie with its modern and appropriate technology, can prevent fraudulent activities from causing business disruptions. Neofie proactively use AML, KYC, and other fraud prevention channels.
Small Banks & Credit Unions
Serve Communities with Digital Core Banking
Core Banking Systems
Neofie Digital Core Banking (NDCB) has been designed to provide a modern banking experience, by offering enhanced customized services. Neofie NDCB provides small banks and credit unions the capability to offer innovative banking services to their communities and members who can open their accounts, perform transactions, and subscribe for financial services, without visiting a bank branch or using other customer service channels.
Diversify Offers with Open APIs
Neofie’s Digital Core Banking platform with its open API architecture supports small banks and credit unions to rapidly adapt to market demands and propose attractive offers that can result in a higher members’ adoption and an increased client base. With Neofie open APIs, small banks and credit unions are able to embed their services into other companies’ platforms to attract new customers.
Expand the Community and Increase the Members Base
Neofie’s Digital Core Banking platform is built to provide to small banks and credit unions the capability to offer their members and clients a complete digital experience. The flexibility and ease of using Neofie BaaS platform provides, let small banks and credit unions promote their services via mobile and web channels and reward referrals. Using Neofie APIs makes the onboarding journey simple and accessible to everyone.
Rapid Deployment
Neofie Digital Core Banking platform has been specifically designed for small banks and credit unions to rapidly and efficiently go through the modernization and digital transformation phase. The open API model and easy integration with ecosystems offer the flexibility of launching new services in a phased manner, allowing small banks and credit unions to quickly start serving their communities and members.
Contemplate the Community Demands
Neofie cloud native platform is constructed to be secure, highly scalable, agile, and robust with minimum requirements for operation and upgrade efforts. Neofie offers small banks and credit unions a complete “managed services” option that includes but not limited to, day to day operations, feature enhancements, developments, and upgrades to maintain focus on the core business functions.
Fintechs
Neofie’s platform empowers FinTech companies to create personalized products to meet changing consumer needs.
With the platform’s easy to use APIs, digital innovators can create flexible products and embed them into customer offerings when and where they are needed. Neofie simplifies building next generation of financial services that are automated and customer-centric with speed and agility. Neofie’s offering includes ready to use customer onboarding, deposits, savings, lending, and embedded finance services.
Non-bank Banking
Nowadays, more nonbank providers are embedding financial services directly into their offerings. This way, the financial service is available exactly at the time and place it’s needed. Neofie’s platform enables this by integrating services such as bank accounts, payments and lending services seamlessly into the offerings of the non-financial organizations. These brands can enrich their products with banking services to achieve higher customer retention and generate additional revenue streams.
Mobile Network Operators
Neofie enables Mobile Network Operators (MNOs) to efficiently operate with loan origination agencies, remittance providers and innovative banks to deliver financial services to subscribers as never before. For instance, in the developing world, a person’s cell phone (SIM card) is increasingly becoming an important form of identity, but it can also be her/his only channel to financial services. MNOs looking to improve their performance can incorporate Neofie products as an integral part of their value supply chain to deliver digital mobile banking. Neofie products can enhance MNOs financial performance, particularly through reduction in “customer churn” and increases in Average Revenue Per User (ARPU).
