White Labe solution

Status
Not open for further replies.
Our goals are as follows:

- Onboarding customer from all EEA countries (private and corporate)
- min. 500+ customer per month
- The main market and customers are from Germany, e.g. 60% Germany, 40% from other EEA countries
 
Are you wanting to provide named ibans to these customers or happy to work with a pooled brokers account ?

out of interest how will you drive 500 plus customers per month - that's an amazing amount of applications
 
500 are nothing compared to others fintechs who do it per day.

Of course, dedicated IBAN is absolutely necessary
 
It's purely just the process you'll need to have in place to compile and go through that amount of applications and to then convert those hot applications to clients before they go cold

maybe severe automation would make it possible,KYC drop boxes and no human interference and it gets lodged directly with relevant compliance teams
 
It depends global consult - if they have something else apart from run of the mill named sepa accounts ....for instance name eur swift ibans it can be worth it.

named swift is the biggest challenge in the market at the moment for medium to high risk clients
 
GlobalConsult said:
GlobalConsult said:
I don't know how satchelpay can find customers at all with these extremely high fees and so much competitors.
Click to expand...
Click to expand...

Do you have experiece/funds for serious marketing campaigns? 500 new users per day would require massive targeted traffic to your project.

Toggle signature
https://locked.money - Your Crypto Management Company, Ready in Days ”“ Trade, Invoice, $1,200/Year!
 
I had written 500 per month. Indeed, that would be a lot of work to onbard 500 clients per day, currently only N26 and Revolut with a few thousand employees and millions of investments can do that
 
GlobalConsult said:
GlobalConsult said:
I had written 500 per month. Indeed, that would be a lot of work to onbard 500 clients per day, currently only N26 and Revolut with a few thousand employees and millions of investments can do that
Click to expand...
Click to expand...
I don't think this is a big number if you have a working solution and an EMI that can be trusted. If there is a new player on the marked then it will be floated with customers that are rejected by other EMI's or by people that seek new waterholes all the time. A few posts on social medias, forums and so forth will quickly bring you 500 new customers every months - I believe every week, and this with almost no marketing costs if you know what you are doing and are good at it.

Toggle signature

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​
 
Was also just gonna say 500 a month is very achievable if you are willing to do the bare minimum to satisfy AMLD5 and operate on a need to know basis. A lot of Fintechs go completely wrong with high fees which stops the sheep coming through the gate.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
GlobalConsult said:
GlobalConsult said:
We already have experience in the field of finance and also an idea of what we are looking for.
Click to expand...
Click to expand...
What do you mean?

Why don't you get in touch with some of the large banks and try to figure out a deal with them. You say 1. you have finances in place 2. you have the experience 3. you have an idea what you are looking for.

Now you just need to put the puzzle together, find a bank that is willing to work with you. Fidor bank works with Kraken, so there may be others that want to work with you.
 
Start with agency regs in the U.K. and build up from there,there's a couple of people that offer this or alternatively go on the FCA register and look for brokers that have trading names under them or EMD agents
 
GlobalConsult said:
GlobalConsult said:
I had written 500 per month. Indeed, that would be a lot of work to onbard 500 clients per day, currently only N26 and Revolut with a few thousand employees and millions of investments can do that
Click to expand...
Click to expand...

And this is the point where you doxxed yourself mate.
No matter how professional you think you can pretend to be, if you believe that N26 or Revolut has thousands of employees, that is lack of informations in that field.

I believe Global Consult would like to operate as a German White Label because he will use the Accounts for the purpose of Fraudulent Payments via Ebay, Fakeshops, Simcloning and such.
Apparently German people dislike to send money outside of Germany, when it comes to sending money to people they do not know.
Else he would know that a AML API can handle 1000 Requests per day and outsourcing such an endeavour for low cost, giving the impression to Non-Business insiders that a firm may operate with thousands of people.

Good luck young kiddo.
 
Anye said:
Anye said:
And this is the point where you doxxed yourself mate.
No matter how professional you think you can pretend to be, if you believe that N26 or Revolut has thousands of employees, that is lack of informations in that field.

I believe Global Consult would like to operate as a German White Label because he will use the Accounts for the purpose of Fraudulent Payments via Ebay, Fakeshops, Simcloning and such.
Apparently German people dislike to send money outside of Germany, when it comes to sending money to people they do not know.
Else he would know that a AML API can handle 1000 Requests per day and outsourcing such an endeavour for low cost, giving the impression to Non-Business insiders that a firm may operate with thousands of people.

Good luck young kiddo.
Click to expand...
Click to expand...

New member and so cheeky. Good night!
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

Forums

User Menu

Login
Community platform by JohnnyDoe © 2025 JohnnyDoe
  • Width
  • Queries
    12
  • Time
    0.6351s
  • Memory
    14.06MB
Top Bottom