Netbank

About Netbank

Netbank is a start-up fintech led bank, focused on the under-served. Its model is to: Partner with Fintechs, banks and non-bank lenders, who have existing client networks or are looking to enter the PhilippinesAllow these partners to sign-up clients, for an origination fee, booked on Netbank’s balance sheet. Netbank would provide:Loans to clients, so the partners can grow without raising additional capitalDeposit accounts for clients, serviced by the partner (on a white-label basis)Payment services to clients, including ACH payments, access to cards, payment to wallets, etc. Technology services to the partners, allowing them more efficient processing and better client satisfaction Netbank Virtual is a product area of Netbank, offering banking as a service via APIs to local fintech and international fintech looking to enter the market. It expects to offer services in: Disburse funds: Payments via ACH, payments to wallets, payments to cash. Collect funds: Receive funds from the above channelsOpen transaction accounts / walletsOpen loan accounts.

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Company Info

Legal Form: AG

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Job Ads found: 61

Job Ads per Month: 3.0

Hiring Locations: 5

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