MoneeMint Labs has been launched for the UK and Europe

By Joy Dumasia

MoneeMint, an ethical financial services provider, announces the launch of MoneeMint Labs for clients in the United Kingdom and Europe. MoneeMint Labs is an all-inclusive end to end Banking as a Service (BaaS) that allows organizations that wish to launch card schemes for their clients to launch the cards in the market through the MoneeMint BaaS offering.

MoneeMint Labs offers a state of the art Core Banking Platform, digital mobile banking apps, secure services including KYC, AML and Transaction Monitoring, customized cards and a wide marketplace that has products including pensions, insurance, and many more to be announced.

The company has secured funding from private equity firm Ground One Ventures for the purpose of acquiring a robust and dynamic core banking system to support the overall vision and mission of MoneeMint. They are known for their use of leading-edge financial technology. Various media intermediaries and fintech publications have been recognised as one of the most upcoming and watched out for FinTech initiatives in the western hemisphere.

Hassan Waqar, Co-founder of MoneeMint, said: “Disruptive, intuitive, and highly flexible, is our differentiator and identifier at MoneeMint. With the launch of MoneeMint Labs, we are able to provide our solutions to organizations that have a smaller budget to launch their own card programmes without the need to worry about the technology and regulatory constraints while still giving them the flexibility to grow.”

A bank built for the smartphone architected around consumer lifestyle, built on the foundations of socially responsible banking and cutting-edge technology bringing digital financial services that are intelligent, unique, and, most important delightful.