Neil Ambikar, CFO and Co-FounderA fully regulated financial institution based in Finland, Narvi Payments offers two core products—a business bank account and a customizable Banking-as-a-Service (BaaS) solution designed for white-label integration.
“Our goal is to create the best business banking experience by providing the product that meets our customers’ needs,” says Neil Ambikar, CFO and Co-Founder.
Narvi Payments’s business bank accounts, designed for small and medium-sized enterprises, offer a flexible, feature-rich banking experience. With a digital onboarding process that takes just 10 minutes, businesses gain access to a dedicated and unlimited IBAN account with multi-user access. These accounts also support multi-currency transactions and business debit cards. As a virtual asset service provider, they facilitate OTC crypto-to-fiat conversions, far surpassing the capabilities of a typical European bank account. With its API-first approach, Narvi Payments enables real-time transaction processing, offering clients instant notifications of deposits and payments without the need to log into a separate dashboard.
Narvi Payments’s customizable Banking-as-a-Service (BaaS) solution enables businesses to seamlessly integrate banking features directly into their platforms. The white-label solution allows firms to offer banking services to their customers without the complexity of building their infrastructure. For instance, businesses providing core services such as SaaS platforms, marketplaces, or niche-focused software solutions can leverage Narvi Payments’s banking solution to enhance their offerings and generate new revenue streams by monetizing transactions.
Streamlining Cross-Border Transactions
Distinguishing Narvi Payments is its in-house technology development, encompassing onboarding, dashboards, and APIs, ensuring every stage—from account setup to daily use—is seamlessly optimized for simplicity and efficiency.
Since digital threats are increasingly sophisticated, traditional security methods like SMS codes and Google Authenticator no longer offer adequate protection. To counter this, Narvi Payments introduces a hardware wallet similar to a USB drive, providing an extra layer of security for login and transaction approvals. Combined with two-factor authentication, it ensures enhanced protection for cross-border transactions.
Narvi Payments caters to diverse clients, including startups, import-export businesses, e-commerce platforms, agricultural ventures, digital businesses, affiliate marketers, and even other finance firms. A prime example of Narvi Payments's expertise is its work with several alternative investment funds (AIF) in Luxembourg and other regions. AIF managers often face challenges in managing their banking needs due to their complex operational structures and stringent regulatory requirements.
Narvi Payments offered a seamless onboarding experience, allowing AIFs to quickly set up accounts and begin operations without delays. With the ability to provide multiple IBANs for effective fund segregation, Narvi Payments ensured compliance and operational clarity. Its advanced systems, processing transactions at unmatched speeds, enhanced efficiency and responsiveness compared to traditional banks.
Our goal is to create the best business banking experience by providing the product that meets our customers’ needs.
Narvi Payments thrives on the strength of its exceptional team, whose profound knowledge and creativity redefine what’s possible in the fintech landscape.
Capitalizing on its culture of innovation, Narvi Paymentsi is developing a payment solution that enables clients to send funds directly to payment cards, bypassing traditional bank transfers and SWIFT payments, making international transactions faster and more efficient. Its startup-driven mindset enables the delivery of next-generation solutions within months, a timeline that typically takes three to five years for similar innovations. This adaptability and speed allow Narvi Payments to consistently roll out sophisticated banking tools in record time, keeping clients ahead of the curve in an ever-changing, globally connected economy.
