Wallester and Striga are revolutionising crypto and financial technologies with their new partnership

The post Wallester and Striga are revolutionising crypto and financial technologies with their new partnership appeared first on Coinpedia Fintech News

Striga and Wallester have collaborated to provide services to cryptocurrency companies interested in introducing financial products that combine crypto and neobanking. Striga offers virtual and physical cards through the Visa Consumer Debit program. 

With a team based in Estonia and investments from YCombinator, Rhombuz VC, and others, Striga facilitates the quick and convenient creation of digital wallets, crypto accounts, and banking infrastructure within the European Economic Area. 

“Our partnership with Striga is changing the way crypto and neobanking work. We are helping European crypto companies and businesses with our services. Together, we are launching new financial products that combine crypto with traditional banking. We are proud to support Striga in making secure and modern Visa Consumer Debit cards. These cards let users manage their cryptocurrencies easily. This is an exciting step in the evolution of the crypto industry.” – CEO Wallester Sergei Astafjev.

Thanks to Wallester, Striga can now help its clients launch Visa Consumer Debit cards, providing virtual and physical cards with modern branding. This program enhances Striga’s offerings, including vIBAN, crypto wallets, and the swift deployment of banking and marketplace infrastructures. This enables users to manage their cryptocurrencies securely.

Wallester Business Card Solutions is a Key to Effective Financial Management

Wallester AS is a professional fintech company transforming card issuing and financial services for businesses globally. Wallester enables businesses to create branded card programs and payment infrastructures with flexible, customised applications and digital integrations. 

Through physical and virtual mediums, Wallester’s Business Card services help companies account for expenses and provide a card-issuing facility that empowers them to operate as independent service providers. Wallester AS is at the forefront of addressing financial challenges through innovation, paving the way for unparalleled financial freedom and improved services.

Wallester’s Starting Point in Fintech Power

Wallester’s foundation comprises Dmitri Logvinenko and Sergei Astafjev, two visionary entrepreneurs seeking to revolutionise the fintech industry. In 2016, they brought their ambitious vision to life by launching Wallester and introducing cutting-edge embedded finance and payment technologies. The company quickly gained recognition for its innovative solutions, with the groundbreaking Wallester White Label as its first success. This service empowered companies to establish their branded Visa card issuing program, setting an unparalleled standard in the fintech sector.

Innovative Strategies

The founders of Wallester encountered financial challenges as they implemented new strategies. To address this, they created Wallester Business, a platform that streamlined business financial management techniques and identified crucial factors in operational costs. Sergei and Dmitri recognised the need for a more personalised approach to help businesses better manage their corporate finances in the market.

Wallester Business focused on flexibility and efficiency, introducing original features such as disposable virtual cards and expense/payroll cards with on-the-fly PIN modifications. While these innovations advanced the financial technology sector, the founders of Wallester sought to integrate informed decision-making into corporate culture, which is essential for success and scalability. With a transparent executive decision-making process, businesses may stay competitive in the market.

Wallester’s Disruptive Card Issuing Solutions

Wallester’s white-label card-issuing solution is at the heart of the company’s offerings. This service enables customers to launch their branded Visa card program swiftly and cost-effectively, develop customisable mobile applications, and integrate services through REST API. Wallester’s cutting-edge technology streamlines integration methods and minimises the time to market for new card programs.

Wallester Business at the Core of Fintech Developments

Wallester Business offers a powerful tool for organisations of all sizes to streamline their expenses and simplify financial management. Clients enrolled in Wallester Business can obtain an unlimited number of virtual and physical corporate cards. These cards can be used for media purchases, travel expenses, and direct salary payments.

Wallester’s sophisticated digital platform serves as the central hub for all operations. Each organisation has a secure central account accessed through robust security systems and data networks. This platform enables tracking of all issued cards and the creation of secondary sub-accounts to separate financial goals. Clients can use these sub-accounts to gain detailed financial insights and manage funds at a granular level, whether for specific departments or individual employees.

Availability

The platform ensures user accessibility and is available on desktop and mobile apps. Wallester empowers customers with control over finances, no matter their location.

Fiscal Tools for Analysis

Wallester Business provides more than just card-issuing capabilities and accessibility features. It also offers a range of analytical instruments that empower businesses. With these tools, users can thoroughly analyse their spending behaviour and monitor financial patterns. This enables money flow identification and finding ways to manage the company’s budget more effectively. Additionally, Wallester ensures financial data security through robust cloud storage solutions, giving businesses peace of mind regarding data breaches or loss.

Integration Abilities

Wallester offers integration capabilities as a critical part of its services. The creators recognised the importance of smooth workflows for business growth and success. They have made it easy for data to be transferred between their fintech platform and other accounting system software that a company may use. With its REST API functionality, Wallester Business can seamlessly work with any organisation’s technological ecosystem, including digital wallets, to improve operational efficiency. This solution eradicates the need for data silos and streamlines financial management processes.

Fast Bank-Authenticated Card Issuance

Wallester, as a Visa Principal Member and a reputable authority in the fintech industry, provides BIN sponsorship for its clients. BIN sponsorship is a crucial service that allows businesses to easily access payment and primary card schemes without the complexities of obtaining licenses. Moreover, companies can utilise this service to issue bank identification numbers, which are essential for card issuance.

Reshaping the Financial Aspect of Businesses Worldwide

Wallester offers various services to help businesses optimise their financial management strategies. They provide white-label projects, mobile financial applications, and a comprehensive cost-control approach, focusing on delivering excellent security, efficiency, and flexibility. As a leader in fintech, Wallester is committed to pioneering an era of improved financial expertise and productivity for companies worldwide.