Mbanq, a globally leading provider of Banking-as-a-Service (BaaS) and financial technology solutions, partners with P2P, a digital financial platform dedicated to serving the Brazilian immigrant community in the United States.
P2P leverages Mbanq’s cutting-edge technology, white label app and regulatory and compliance expertise to provide secure, scalable, and customized financial solutions that address the unique needs of P2P’s target audience - Brazilians who live and work in the USA.
P2P aims to simplify the financial journey for the over one million Brazilian immigrants who are navigating the complexities of the US financial system. The platform offers multi-currency accounts, physical and virtual debit cards, streamlined money transfer services, and 24/7 access to financial tools to help users manage their finances across borders.
P2P delivers anytime, anywhere access to financial services, providing mobility and convenience at all times. Account opening is quick and easy with smooth onboarding, and transactions are secured with advanced technologies. P2P’s financial products come with low-interest rates. Flexible account management options allow users to tailor their banking experience to suit their needs.
Mbanq’s contributions to P2P’s growth include providing a white-label mobile application to deliver a fully branded digital experience. Additionally, Mbanq ensures regulatory compliance by facilitating P2P’s alignment with US financial regulations and securing approvals from sponsor banks for smooth and compliant operations.
Vlad Lounegov, CEO of Mbanq, says, “This partnership demonstrates Mbanq’s commitment to empowering FinTech platforms to achieve their vision. Mbanq provides the necessary technology, compliance expertise, and scalability to help P2P deliver secure and flexible financial solutions tailored to the Brazilian community in the United States.”
Ramiro Silva, CEO of P2P, says, “Mbanq’s support has been instrumental to help us create and launch this solution efficiently while maintaining the highest standards of security and compliance. Mbanq’s expertise in mobile app development and regulatory alignment has allowed us to focus on our mission of providing financial tools that meet the unique needs of our users - the Brazilian community in the United States and beyond.”
By combining cultural understanding with innovative financial solutions, P2P bridges the gap for Brazilian immigrants seeking practical, secure, and user-friendly financial services. Whether managing finances in Brazil or conducting international transactions, P2P ensures that users have access to the tools they need to thrive.
Mbanq is a global leader in Banking-as-a-Service (BaaS) and banking technology. It supports the creation and growth of traditional banks, neobanks, credit unions, and FinTech platforms. Mbanq delivers innovative technology, regulatory expertise, and operational support to empower financial institutions worldwide. www.mbanq.com
P2P is a FinTech platform dedicated to serving the Brazilian immigrant community in the United States. By offering simplified account management, secure transactions, and accessible financial services, P2P helps users navigate the complexities of the US financial system while enabling financial growth and mobility.