SimSec Neobank-in-a-Box

Ready To Go – Onboarding in 3 to 6 months

SimSec can have your Neobank up running, and onboarding customers in 3 to 6 months (The actual time to market depends on staffing levels and experience).  Having the software is only half the solution. 

Complete Solution – Software

SimSec Consulting’s ‘Neobank-in-a-Box’ is a complete, solution to deliver a Neobank to clients. The solution includes everything needed to setup and run a bank. SimSec consulting will provide a questionnaire to determine which services and features are required, and from the responses thereto, will create a bespoke licence agreement. 

Complete Solution – Implementation Team

SimSec have assembled a team with a unique combination of regulatory knowledge, coding, and technical skills, and most valuable of all – recent experience implementing our Neobank software and EMV Card Program.  That experience means they know the pitfalls and the pressure points, and how to navigate the inevitable hurdles.

A Proven, Accredited Solution

There is a Neobank currently operating that is built entirely on the technology platform described below. Its systems were officially validated for payments in October 2020, meaning our solution has passed the validation process and is running real transactions.

Neobank Features

Core services

• Security
• Mobile Integration
• Banking systems integration and set-up
• User Management
• Management
• Reporting and analysis
• Customer Support

We have built a fully accredited API foundation for Neobanking systems. It is set up to be a fully integrated back-end for apps and banking portals.  All languages and currencies are supported.  The solution has been built to be secure, and scale to millions of active users. All technologies support active development and extension.