Vodeno

About Vodeno

Vodeno is a financial technology startup that operates in the Banking-as-a-Service (BaaS) sector. BaaS is a model where a company like Vodeno provides its technical and compliance infrastructure to other businesses. This allows those businesses to offer banking services to their customers without needing to build their own banking infrastructure.

Vodeno's clients are businesses that want to offer financial services to their customers. This includes businesses in various sectors looking to extend their product offering, increase brand loyalty, and enter new market segments. Vodeno's services are particularly beneficial for businesses that want to offer financial services but lack the necessary banking license or technical infrastructure.

Vodeno offers a comprehensive suite of financial services, including daily banking, lending, savings and investments, and business process outsourcing. They also provide a white-label mobile app, which means businesses can offer these services under their own brand. Vodeno's platform is cloud-native, meaning it's hosted on the internet and can be accessed anytime, anywhere.

The company also offers a range of support services, including 24/7 customer support, compliance controls, and credit risk management. Their in-house foreign exchange (FX) engine provides access to interbank rates, liquidity, and risk management.

Vodeno makes money by charging businesses for access to its platform and services. The exact pricing model isn't specified, but it likely involves a combination of subscription fees, transaction fees, and/or a percentage of the revenue generated by the financial services offered by the businesses.