Advapay Joins the NayaOne Tech Marketplace

Advapay has joined the NayaOne Tech Marketplace. It provides the comprehensive core banking system Macrobank and helps fintech companies to launch their businesses from scratch. With this collaboration, Advapay will contribute to NayaOne’s bank-fintech partnership mission, and support innovation.

“We’re delighted to announce our partnership with NayaOne and to be part of their ecosystem. By having our core banking software featured on NayaOne’s marketplace, we’re able to give financial institutions the opportunity to try out our platform and discover what our solutions can do for them. We’re also excited to see our products actively empowering financial organisations to start their fintech businesses, develop payment infrastructure, and build banking and payment products with ease.” Maxim Ivanchenk, CEO, Advapay.

“We’re pleased to welcome Advapay to the NayaOne Technology Marketplace. Core banking system development can be extremely lengthy and challenging and slowed down even further with regulatory requirements. Quickly launching and adapting their services is important for fintech companies to stay competitive, capture market opportunities, respond to customer demands promptly, and generate revenue faster.” Varun Resh, Marketplace Manager, NayaOne.

Benefits and Key Features that Advapay Offers Financial Institutions

• A highly functional back office with a wide array of payment functions in a single place: AML/KYC, customer registration and management, account opening, different types of payments, currency exchange, prepaid payment cards, accounting, and many other tools.
• A built-in accounting system for effective management and reconciliation of all transactions.
• White-label web banking and mobile banking apps for end-users.
• Various ready-to-use integrations that connect to different banks, payment solution providers, currency exchange providers, AML, KYC providers, and more.
• Different payment options and packages.
• Availability in SaaS or perpetual license model, with an opportunity to purchase source codes.
• Ability to be cloud-hosted or installed on-premises.

Advapay’s Macrobank core banking solution helps financial institutions achieve the following:

• Launch payment businesses within months rather than years.
• Know their budget beforehand, avoid hidden expenses, and save money and resources in the process.
• Get a solution with all important payment and banking functionality in place, as well as back-office and white-label front-office apps.
• Obtain a future-proof solution that can be customised for both existing and future business needs.

NayaOne’s Digital Sandbox: One platform to accelerate your innovation. From discovering to evaluating fintechs, rapidly testing multiple proofs-of-concepts to building and scaling products in a secure, air-gapped testing environment, NayaOne’s Digital Sandbox eliminates the need for traditional procurement and TPRM processes. Our platform simplifies and speeds up bank-fintech partnerships, enabling faster innovation and shorter product development cycles.

Enterprises have access to synthetic datasets, tech marketplace, and a digital sandbox, allowing them to scale third-party technologies to production, as well as to build functional proofs-of-concepts in 6-9 weeks rather than 9-12 months without onboarding the fintech. Request a demo today to experience the power of NayaOne’s Digital Sandbox.