We spoke to Josh Vittori of Orenda, to find out more about their white labelled prepaid cards and banking services.
What is a White Labelled Service for Prepaid Cards and Banking Products?
The Orenda “White label” is a fully supported product & service that’s made to be flexible to incorporate & embed financial services for any industry. White label products and services within the financial industry tend to offer either a backend or a front-end solution requiring significant tech development. The beauty of embedded finance is that it streamlines financial processes. With embedded finance, that third-party bank or financial services provider disappears.
For more information, visit orenda.finance or email Josh at [email protected]
Orenda’s Key Features
White label Fintech available in 20 business days
No API integrations required
No code required
All KYC included and built in as real time onboarding
Includes card issuing, SEPA, SWIFT, Faster Payments, instant Virtual Cards & real time onboarding
What is Included in a White Labelled Orenda Product?
With Orenda we manage everything for your branded platform. We provide the front-end branded customer facing app, KYC checks, ID Validation, real time onboarding of your customer, instant issue of a virtual card & a branded physical card sent in the post. Along side this, Orenda is integrated with the relevant providers for FX, SWIFT and SEPA payments, enabling your customers to have the best functionalities from the best product providers. Our White label customers also benefit from the use of our server-less technology, which is included, meaning there are no issues with scaling up. It is also key to remember that with each improvement or additional added feature on the platform, it is provided for free once signed up.
Why Use Orenda for White Labelled Prepaid Cards?
Most White Label solutions require external API integrations and niche input from different providers. This means more time, more money, and more loose ends. Orenda White Label is an all-in-one solution with all APIs built in and a customer facing app ready to be used, because it’s been conceptualised by business owners and built by tech experts, who know that you want a solution that ticks every box.
How Much Does a White Labelled Orenda Service Cost?
When entering the market Orenda first looked at its competitors with focus on product offering and price. Given that other providers charge over £80k for a white label product, Orenda decided to break the status quo and look at providing a reasonable price for those who wish to enter the market and test an MVP or start slowly. Orenda charges £25k for a fully branded front end & back end white label product and includes the print of 2000 cards to be distributed.
About Orenda and Its History
Our background is broad as my co- founder David Fox would say “Josh brings the Fin & I bring the tech”. David has a PHD in Machine Learning and has spent numerous years applying his knowledge to the Fintech sector. Together we built Orenda, with our first product to launch being the Orenda White Label offering. There are numerous other offerings in the pipeline which we are very excited about!
For more information, visit orenda.finance or email Josh at [email protected]
