Company Database - Unlimit BaaS

Unlimit is a global fintech company that offers a portfolio of financial services, including payment processing, Banking-as-a-Service (BaaS), and an on-ramp fiat solution for crypto, DeFi, and GameFi. The company’s mission is to deliver solutions that eliminate financial borders, enabling businesses to operate both locally and internationally with ease across Europe, the UK, LATAM, APAC, India,  and Africa. 

Website

https://www.unlimit.com/

Active since

2009

Country offices in

UK, Hong Kong, Brazil, China, Singapore, Mexico, US, Kenya, Nigeria, Tanzania, India, Japan, Cyprus, Vietnam, Germany.

Geographical coverage (operational area)

Global: Europe, the UK, APAC, Africa, LATAM, China, the US, India, and Japan.

Founder

Kirill Eves

Number of employees

500+

Member of industry association and/or initiatives

  • The Payments Association; 

  • Mastercard’s Engage Crypto Programme; 

  • Hong Kong Fintech Association;  

  • Institute of Web 3.0 Hong Kong.

Awards 

  • RetailTech Payments Platform of the Year Award;

  • 'Most Innovative Company in Payments' in the UK from The Global Financial Market Review; 

  • 'Outstanding International Service Provider of the Year' at the Product And Growth Conference in Guangdong.

Contact

info@unlimit.com

Core solution

The company`s core solutions

Payment processing (acquiring), alternative payment methods, recurring payments, payouts, settlements, B2B payments, multicurrency accounts, card issuing, Banking-as-a-Service, and fiat on and off-ramp for DeFi, GameFi, and NFTs.

Major use cases & Products

Banking-as-a-Service, Card issuing, Accounts, Payments, Crypto.

Competitive advantage

The world’s fastest-growing companies use Unlimit to conquer new markets, accept, and send payments in any currency, anywhere, and increase revenue and customer engagement. All through a single platform.

Target market

Target customers

For BaaS solutions – financial service firms, neobanks, fintechs, insurance, and crypto exchanges.

For Payments solution – merchants (ecommerce, retail, gaming, travel, IT, SaaS, advertisers, publishers, web and software, licenced brokers)

Technology

Technologies/tech stack/capabilities

Rest APIs, Cloud, and Microservices

Partners

Technology partners

Velmie, Crassula.

Bank partners

For more details, please contact our sales team

Go-to-market strategy

Our go-to-market strategy involves strategic partnerships with technology companies, card schemes, and financial institutions to promote our platform. We leverage co-marketing initiatives, joint ventures, and bundled solutions to increase visibility and reach potential customers effectively.

Operating model

Category

Full-stack BaaS provider

The key layers that the provider is active in

We collaborate closely with technology providers to offer a comprehensive package. This includes integrating our capabilities with their technological solutions, ensuring seamless compliance and risk management for our clients. This approach allows us to provide a one-stop solution that combines regulatory expertise with cutting-edge technology.

In-house technology:

We develop and maintain our own technological solutions in-house. This allows us to have full control over the technology stack, ensuring that it meets our stringent standards for security, compliance, and performance. Clients using our BaaS Layer can leverage our technology platform, which is designed to be robust, scalable, and customisable.

Bundle with a partner:

We also promote a bundled solution that combines our technological capabilities with those of our partners. This may involve integrating our API solution with third-party customer-facing technology platforms to provide a more comprehensive solution. By bundling with partners, we can offer enhanced features, broader functionalities, and quicker time-to-market for our clients."

Licence

EMI (Electronic Money Institution), Pan-European payments processing licence, local acquiring licences in the regions where we operate.

Risk mitigation strategies and responsabilities

Compliance and risk management program

We have an active compliance and risk management programme as we do not rely on our clients for compliance, KYC, or AML of the end user.

Actions taken to reduce or prevent the negative impacts of potential risks

We conduct regular risk assessments, implement advanced monitoring tools, ensure strict adherence to regulations, and continuously update our compliance protocols to mitigate potential risks effectively.

Product roadmap

Existing features

Remote Host Authorisation (a version of JIT funding), multi-currency IBAN Account, MC/VISA, CUP card products offering both Business and Consumer products, Apple and Google Pay enabled.


Contact Unlimit BaaS

2 Seething Lane, 7th Floor, EC3N 4AT, London
London https://www.unlimit.com/
r.jones@unlimit.com
UK