2016
Finalify established
Finalify Ltd. was established in the British Virgin Islands as the corporate entity behind our financial technology and digital asset infrastructure work.
Milestones
2016 to today
A record shaped by formation, delivery, and infrastructure depth.
The sequence below is our operating history: company formation, ecosystem rollout, payment and account expansion, and the later addition of APIs, Banking-as-a-Service tooling, core banking software, and payment-network integrations.
Timeline
From company formation to current infrastructure delivery.
Each entry keeps the sequence factual and compact so more than a decade of progress reads clearly on desktop and mobile, including the completion of the time-bounded ICO commitments and the expansion that followed.
2017
Bankera initiative and BNK issuance period begin
The Bankera ecosystem was introduced and the BNK issuance period began, framing a broader plan around exchange, wallet, account, and payment infrastructure.
2018-2020
Operational delivery broadens
Platform delivery expanded across digital asset wallets, exchange infrastructure, financial accounts, payments, and internet banking experiences.
2021
Payment rails and account capabilities deepen
SEPA Instant payments, SWIFT in EUR, corporate Visa debit cards, and additional fiat trading pairs extended the ecosystem’s practical payment and account infrastructure.
2022
APIs and white-label infrastructure launched
Bankera introduced Account API access, white-label banking, bulk-payment tooling, and app-based second-factor authentication, widening support for business operations and fintech integrations.
2023-2024
Embedded finance, BankingLab, and open-banking layers expand
Card tokenization for Apple Pay and Google Pay, open banking support, merchant tooling, Banking-as-a-Service capabilities, and the continued development of BankingLab’s core platform reinforced the ecosystem’s role as infrastructure as well as an end-user platform. By August 2024, BankingLab materials also described throughput of around 1.7 million transactions per month, up 75% year on year.
2025-2026
Delivery audit, token utility, and cross-border infrastructure continue evolving
By 2025, independent audit findings had confirmed completion of the time-bounded commitments made during the ICO period, while broader ecosystem ambitions continued to expand beyond the original roadmap. BankingLab materials for 2025 highlighted more than 67 billion euros processed during the full year, around 18 million transactions, use of BankingLab Core by more than ten fintechs and banks, and 160 production upgrades released across clients. Updates also highlighted BNK fee utility, app-based card authentication, Mastercard Move support for faster international transfers, and continued expansion of BankingLab's software and cross-border payments stack.
Today
Focused infrastructure builder
We continue to build durable fintech infrastructure, maintain transparent company information, support the broader ecosystem, and expand software-enabled services for financial businesses.
ICO Delivery
Independent audit findings confirmed completion of the time-bounded commitments made during the ICO period.
The time-bounded commitments presented during the ICO period were completed, and the ecosystem continued developing beyond those initial milestones through additional products, payment infrastructure, software tooling, and business services.
The delivered areas described across the ecosystem include exchange infrastructure, wallets, accounts, payments, cards, API-based services, and broader fintech infrastructure for businesses. Since that delivery, development has continued through embedded-finance capabilities, merchant and card infrastructure, open-banking access, and broader software-enabled services for financial businesses.
Operating Profile
The ecosystem reflects an operating platform with established software and service breadth.
These indicators reflect the BankingLab materials you supplied across 2024 to 2026 and are presented here as ecosystem-level operating signals, not consolidated group reporting by Finalify itself.
EUR 67B+
processed across BankingLab in the full year 2025
18M+
transactions in 2025
10+
fintechs and banks using BankingLab Core
2
direct principal card-network memberships
160
production upgrades released across clients during 2025
Credibility
Operational credibility is reinforced by licenses, networks, controls, and software infrastructure.
The ecosystem now includes tooling for regulated payments, card programs, open banking, and SaaS support for other financial businesses, alongside end-user financial services.
Licensing and safeguarding
Our payments stack is built around licensed electronic-money infrastructure, safeguarded funds, and compliance-aware operating controls.
Direct network memberships
Current service pages describe direct principal membership of both Visa and Mastercard payment networks, alongside SEPA and SWIFT connectivity for account and transfer services.
Security and compliance
KYC, KYB, AML monitoring, fraud controls, app-based verification, transaction review tooling, stronger business continuity and backup testing, DORA and GDPR compliance, and ISO 27001 and PCI DSS compliance form part of the operating baseline.
SaaS and embedded-finance tooling
The ecosystem now extends beyond end-user financial services into account APIs, open-banking access, payment processing, card issuing, BankingLab’s broader Banking-as-a-Service stack, and software support for other financial businesses.