What we do
Bankable provides an exhaustive range of payment solutions under a “Banking as a Service” model. Our core virtual account management platform is available in white-label or via APIs, enabling any corporate to deploy digital banking solutions, virtual account services, card management and processing services, and payment processing services.
Our client base ranges from global corporates, banks and insurers, to SMEs and FinTechs who leverage our platform to streamline their payments processes and generate new net revenue.
How it began
Bankable was founded in 2010 by seasoned entrepreneur Eric Mouilleron, who had previously set up and successfully led the technology consulting firm Valtech to an IPO – Valtech now has 1,200 employees in 8 countries. Fuelled by this technological success, Eric then found that the stiff payment space needed to be democratised. This realisation came to him after he attended the first Mastercard prepaid conference in Prague in May 2007, an event which provided him with insights into the European payment space.
When the European Payment Services Directive (PSD1) disrupted the finance world in November 2009, it coerced the industry into being more open and competitive: freed from regulatory yokes, non-banking players were finally able to thrive. In the wake of this regulation, Bankable was incorporated in December 2009. From the beginning we were set up by design to legally, technically and commercially build long-lasting partnership with banks and global corporates.
Since 2012, Bankable has stood as “the friendliest FinTech to incumbents”: a controversial statement in the earlier days since most FinTechs then aimed to destroy the banking industry. Despite the general apprehension and competitiveness, we that year signed our first bank partnership with Deutsche Bank Global Transaction Banking. Today, we are partnering with several European banks, Moneyou (a subsidiary of ABN AMRO), the French challenger Ditto Bank, and others we cannot mention.
How our solutions benefit our targeted customers
One of our goals is to enable banks to focus on their brand and products, and to quickly launch products in new territories as well as easily target new categories of customers.
Our versatile card programmes are leveraged to facilitate large corporates’ payroll, expenses and purchase management. We also empower FinTechs by easing the quick launch of innovative payment tools for niche groups.
Our virtual ledger manager solution allows large entities overwhelmed by complex reconciliation operations (such as insurance companies) to streamline processes including admin & fraud management, with real-time financial support to beneficiaries.
Our motto: “quick time-to-market with a strong business case”
We work with intrapreneurs that have identified pain points they wish to solve with urgency and help them capture new net revenue in the process by leveraging our single multi-channel platform. Our strong business case-based approach enables Bankable to provide our customers with quick time-to-market, offering a full turnkey solution tailored to our client’s business needs.
We are globally connected to custodian and issuing banks, processors, card manufacturers and other suppliers in the payments ecosystem, and we also provide programme management services – enabling us to deliver an end-to-end solution for corporate and consumer payment programmes.
Who we are
We are a growing, international and diverse team of passionate people with strong expertise in the financial sector, transaction systems, and the information technology and security fields. Bankable is headquartered at the high-growth space Level39 in Canary Wharf, London, United Kingdom.
As we are growing, we continuously look for new talents to join our team, have a look at our current openings and send us your application today.