Platform Banking

What is Platform Banking?

Platform banking is a digital marketplace model where a bank allows third-party fintechs to offer their products directly to the bank’s customers. The bank acts as the central hub, providing the core infrastructure and regulatory umbrella for various financial services.

Why It Matters

• It allows traditional banks to offer a wider range of innovative services to their clients.

• It provides fintech startups with access to a large, established customer base.

• It creates a more comprehensive financial ecosystem for the end user.