According to Forrester, 35% of global banking executives are actively driving digital initiatives to regain their market share. In addition, 53% of banking decision-makers indicate their organizations are pushing digital transformation efforts.
In this new landscape, fintech startups and neobanks must stay ahead to compete—but building a neobank from scratch is costly, time-consuming, and requires deep regulatory expertise. That’s why more fintech startups are turning to white-label neobank solutions—ready-made platforms that enable businesses to launch financial services quickly, cost-effectively, and with full compliance, all while maintaining their unique branding.
Synodus will take you into the world of white-label banking in this article. We’ll discuss its operational mechanisms, benefits, and some of the top options available today. For your convenience, we’ve included a breakdown of the associated costs.
Let’s dive in!
Understanding the mechanisms of white-label neobanks
We all know that neobanks are digital-only banks that operate primarily through apps and websites. But what exactly are white-label neobanks? How do they work? Here’s a quick explanation from Synodus.
The definition of white-label neobanks
A white-label neobank is a ready-made digital banking platform that businesses can customize with their branding and features – without building everything from scratch.
Instead of handling development, compliance, and infrastructure, fintech startups can license a white-label neobank, tailor it to their needs, and launch quickly. Chime, the largest digital banking platform in the U.S., follows this model. They use Bancorp’s white-label banking infrastructure while marketing their own branded mobile banking experience.
How white-label neobanks work
White-label neobanks offer a shortcut to the market. Rather than battling the complexities of building financial technology from scratch, businesses can leverage white-label solutions to launch new products quickly and efficiently. This model delivers innovation without applying pressure on the internal team.
Here’s what the process looks like:
- A business partners with a white-label neobanking provider to gain access to their licensed neobanking infrastructure and APIs.
- The business adds its branded features and services to the white-label platform to match its needs. Changes are often made to the UI, messages, and positioning.
- The end product (now branded) is released to the market. Users interact with the financial services, often unaware that the core technology and licensing are from another company.
Benefits of using white-label neobank solutions
White-label platforms are increasingly popular among fintech startups and neobanks for four main reasons.
Faster deployment
The global neobanking market is projected to reach $3,406.47 billion by 2032 at a CAGR of 48.9%. To take advantage of this impressive growth, businesses have to be fast! Developing a neobank from scratch may take years, meaning your solution won’t be the first to enter the market. You’ll miss the opportunity to scale, and your investments will go down the drain.
Meanwhile, white-label neobanks allow you to roll out a product in months, even weeks. This fast deployment keeps your business agile and responsive to shifting market dynamics. You can be the first to solve an issue, positioning your brand as a leader in the neobanking landscape.
One of our past clients, a fintech startup, adopted the same reasoning. They decided to choose our white-label solution, essentially cutting the launch time from years to under 5 months. The swift deployment nets them countless opportunities in a thriving trading market and boosts user engagement by 150%.
Guaranteed regulatory compliance
Navigating all the financial regulations can be daunting for new players. Since neobanks are still relatively new, there are no comprehensive guidelines to follow. So, if you decide to build a banking platform from scratch, you may have to figure out the compliance for yourself.
On the other hand, white-label neobanks come with built-in regulatory compliance. They meet all of the stringent requirements such as KYC (Know Your Customer), AML (Anti-Money Laundering), and PSD2. These are enforced by proven industry experts, safeguarding your platform from potential fines and reputational damage.
Reduced costs
Developing banking infrastructure in-house is expensive. It can easily cost $1 million or more, depending on complexity and regulatory compliance needs. Meanwhile, you can customize and launch a white-label solution at a fraction of the price. The initial investment typically ranges from $50,000 to $200,000, plus licensing fees that your partner charges.
This makes white-label neobanks the smart choice for fintech startups. You save on upfront investments and gain a powerful solution built by an experienced partner. They do all the heavy lifting, like dealing with regulations and tech updates, which means less stress for your team.
Better scalability
White-label platforms are modular. They are designed to scale with your business. If your operations are expanding and you find the need to introduce new features like multi-currency accounts, you can always integrate a white-label solution into your ecosystem. Should a function become obsolete, you can easily remove it without compromising others.
This flexibility is key to staying competitive. It allows you to effectively react to market changes without a complete overhaul of your systems. Additionally, white-label solutions often come with ongoing support from the provider. They will help you ensure the infrastructure remains in line with the latest industry standards.
Should you choose white-label solutions for your neobanking platform?
Let’s start by establishing that white-label neobanking isn’t a one-size-fits-all solution to address all business needs. It offers advantages like fast deployment and cost-effectiveness, but not without limitations. Level of customization and provider dependency are just two of the most prevalent ones we can think of.
So, when should you consider white-label solutions for your neobanking services? According to our experts, white-label neobanks will be a suitable option if:
- You are a traditional bank that lacks the resources or expertise to develop your own software solutions. Turning to a white-label neobank allows you to quickly and efficiently roll out innovative services without the substantial investment in development. You can focus on enhancing customer satisfaction and the core banking operations while leaving the complexities to your tech partners.
- You want to offer modern and up-to-date banking services to your customers without the hassle and expense of developing your own technology. By partnering with a third-party provider, you gain access to a platform that supports innovative features. This approach ensures your customers benefit from the modern banking experience at a fraction of the cost.
- You are a challenger bank or fintech startup that wants to quickly and cost-effectively launch new banking products and services. By adopting a white-label neobanking solution, you can swiftly introduce banking products without the high costs of building your own infrastructure. This lowers the barriers to entry, allowing you to reallocate resources toward other efforts.
6 best white label neobank solutions in 2025
Here’s a quick overview of the top 6 white-label neobanking providers in 2025:
| Provider | Key features | Average deployment time | Best for |
|---|---|---|---|
| Synodus | – Fully customized white-label solutions – Robust security and built-in regulatory compliance – Flexible payment plan | 3 – 4 months | Fintech startups, challenger banks, traditional banks who want to add new features |
| Velmie | – Multi-currency accounts – Digital currencies – Debit and credit card issuance and management | 5 – 10 months | Global neobanks |
| RNDpoint | – Basic customer onboarding, account & card managment – Fully customizable mobile UI – Admin dashboard – Selected integrations with preferred providers | 4 – 8 months | Neobanks who want to offer traditional banking services |
| Swan | – Payment risk management – No-code and open source backend cores | 3 – 6 months | Business looking to incorporate banking services into apps |
| HES Fintech | – Loan origination – Loan servicing – KYC and credit scoring – Debt collection | 3 – 4 months | All-in-one lending automation platform |
| CurrencyCloud | – Multi-currency support – P2P transfers – Flexible monetization | 3 – 4 months | Neobanks that handle heavy international transactions |
1. Synodus
With 6 years of experience in finance and banking and over 30 result-driven projects in neo-banking, Synodus is a trusted partner for neo-banking companies looking to address their technology problems.
While some providers offer pre-built platforms with limited customization, Synodus provides highly customizable white label neobank solutions that help financial institutions, fintech startups, and challenger banks launch their own digital bank quickly and cost-effectively.
The white-label neobank solutions cover core banking, payments, KYC/AML compliance, card issuing, risk management, and API integrations – all tailored to your business model. You have full control over both functionalities and user experience of your neobank.
The platform we build for you will be in compliance with PCI DSS, GDPR, and ISO 27001 standards, ensuring security and regulatory alignment across markets. Also, the API suite allows you to connect your neobank with payment gateways, CRMs, lending platforms, and third-party financial services. This ensures a fully connected ecosystem for both you and your customers.
We’re not just a technology vendor — we’re your strategic partner, committed to building future-proof digital banks that scale with your vision.
Their solutions have:
- Reduced time-to-market by 30% for a leading fintech firm.
- Lowered operational costs by up to 40% through automation and smart integration.
- Achieved a 3x increase in user engagement with a seamless mobile banking experience.
Build a faster, smarter, and fully tailored neobank!
2. Velmie
Velmie is a premium provider of ready-to-market neobank solutions. Their suite includes a wide selection of white-label banking applications that you can license for $10,000 – $200,000, depending on the complexities of the solutions.
Being a veteran player in the Fintech industry, Velmie promises their pre-built white-label application can be launched in weeks without violating compliance standards in the EU, UK, and US. They meet all legal requirements, including KYC/KYB/AML. Velmie enables neobanks to offer a range of financial services. Their solutions can manage accounts, international payments, facilitate stock purchase, card issuance, and more.
Walddo is an EU-based neobank that runs on Velmie’s technology. Through Velmie’s API ecosystem, Walddo gained direct access to top-tier payment services, KYC solutions, and other key service providers. This powers their banking services like account management, card issuance, and seamless domestic and international money transfers.
3. RNDpoint
RNDpoint offers a robust white-label neobank software solution that comes with a fully customizable mobile user interface and a unique backend core. Their comprehensive suite of features supports a wide range of financial transactions with KYC and AML compliance. The company uses ProcessMIX, a low-code backend platform. It significantly boosts flexibility and scalability, reducing the deployment time to 3-4 months.
Another key selling point of RNDpoint’s white-label neobanks is its seamless integration with various service providers. The company enables custom integration, which means you can choose which service providers to work with. This allows you to adapt according to your business needs, let it be payment processing or customer identity verification.
RNDpoint ensures that each client receives personalized consultation. The process helps tailor the solution to specific market demands and strategic goals. A white-label solution from RNDpoint will cost you $45,000 – 150,000 (one time) to license, and another $1,000 – $5,000 (monthly) to maintain.
4. Swan
Swan is a little different from the other solutions on the list. Instead of offering a functional white-label neobank app, Swan provides a dynamic suite of API-driven, white-label banking solutions. They help businesses incorporate banking services such as account and payment management into an existing infrastructure.
By leveraging Swan’s APIs, companies across verticals can enhance their software, eliminate friction in money movement, and discover new revenue streams. Its core banking system comes with a unique transaction ledger and connectivity to the SEPA network. Swan’s API also has built-in regulatory compliance, helping their partners bypass the lengthy and expensive process of obtaining financial licenses.
Swan offers a flexible pricing scheme for their white-label neobanking API. Instead of charging a flat price, Swan requires no setup fees or long-term contracts. Companies only pay for services they need, when they need them.
5. HES FinTech
HES FinTech offers an all-in-one lending automation platform tailored for neobanks.
The platform streamlines the entire loan lifecycle. It automatically handles tasks from origination to repayment across various lending types. With HES FinTech, your business can faciliate personal loans, SME financing, and BNPL. Using a cloud-based infrastructure, the solution ensures scalability and easy integration with KYC providers, credit bureaus, and payment gateways.
HES FinTech designs their platform to launch in just three months, powered by AI technology. You can quickly add a lending API that autonomously scores applications, assesses credit portfolios, predicts defaults, and provides actionable business insights to upgrade your existing products. All for the price tag of $20,000 – $50,000.
6. CurrencyCloud
The company offers a customizable white-label FX platform, designed for businesses who want to quickly enter the international remittance market. Their platform uses a fully customizable UI that supports up to 30 regions.
Currencycloud allows companies to carry money transfer services without the high costs and time commitment of building from scratch. Powered by Currencycloud’s API, your neobank can efficiently collect, convert, and send funds worldwide.
The company is committed to delivering continuous release cycles to guarantee their partners benefit from the latest tech advancements without disrupting daily operations. Currencycloud also offers 24/7 support and a flexible pricing plan to match your business needs.
Wrapping up
White-label neobanks can help businesses break the entry barriers to an expanding market. By leveraging a white-label solutions, companies can swiftly enter the digital banking space without the expense of developing a platform from scratch. These solutions provide customizable interfaces, scalability, and robust security measures, allowing you to focus on what impacts the most – your services.
However, white-label neobanks may face challenges such as ensuring rigorous compliance and maintaining data security. To solve said issues, partner with a competent provider like Synodus. We will help you build fully customized banking platforms that are powerful, secure, and future-ready.
Entrust your FinTech vision to Synodus. Talk to our team to learn how we can help.
FAQs
A white-label neobank functions similarly to a regular neobank, but differs in the form of development. While neobanks are developed from scratch by a company, white-label neobanks are pre-built platforms that other businesses can license and brand as their own. Consequently, white-label neobanks can be deployed faster.
Yes, white-label neobanks must meet regulatory requirements of where they operate. However, the compliance is built-in with the application. Providers handle the legal complexities as they develop the banking platform, alleviating the regulatory responsibility from their partners.
White-label neobanks are designed to be customizable. Normally, businesses can adjust the UI elements and branding to match their needs. If you opt for a fully customized white-label development like what Synodus offers, you can also define the functions of the platform.
The cost of a white-label neobank can vary greatly from $57,000 to $150,000. It price will change according to factors such as the level of customization, features included, transaction volumes, and ongoing support services.
