Bankable, the global architect of “Banking as a Service” solutions, Aion Bank, a full service, European licensed digital bank and credit institution regulated in Belgium, and Vodeno, a fully cloud native ‘360’ platform for digital financial services today announced a 10-year strategic, multi-layered partnership for all European markets and the UK.

Aion and Vodeno - both backed by global private equity firm, Warburg Pincus LLC - and Bankable will create the most functionally rich Banking as a Service offering in Europe. The alliance will target EU and non-EU banks wishing to build a strong multi-country offering, global brands building embedded finance solutions and fintech scale-ups from Europe, the US, Latam and APAC seeking to launch a multi-country offer in Europe. Together, the companies will supply a one-stop-shop for ambitious cross border clients wishing to simultaneously address multiple markets in Europe with accounts, cards and local IBANs; rapidly delivered to transform both regulated and non-regulated entities.

Through the alliance, Bankable will add Aion Bank to its portfolio of bank sponsors. Bankable will set up pan-European, pre-approved account and card programmes under Aion Bank payment and settlement rails to accelerate time-to-market for premium banks, global brands and fintechs. Bankable will also utilise Vodeno’s cloud native technology to complement its own tech stack with a ’Credit as a Service’ offering. The Vodeno Cloud Platform (VCP) is one of the most comprehensive banking platforms in the market offering an entire spectrum of banking products; deposits, investments and lending together with cards, payments and KYC via its curated ecosystem of over 80 pre-integrated fintech partners.

Eric Mouilleron, CEO & founder of Bankable: “Together with Aion Bank, we share the same entrepreneurial culture and ambition. Thanks to our complementary assets and strong alignment of our teams, we are in a position to attract premium clients willing to develop a pan-European banking offer leveraging a best-in-class infrastructure. This partnership clearly sets us apart from competition with the richest Bank as a Service offer for premium clients with clear multi-country ambitions in Europe.”

Wojciech Sobieraj, CEO of Aion Bank, added: “Bankable and Aion share the same mission: to give pan-European access to premium local banks and to offer embedded financial services across Europe to fintechs, established businesses and brands. Together with Vodeno, we offer both a formidable infrastructure powered by the best technology that gives access to banking-related services that are modular and easy to integrate, and the deepest product breadth in the Bank as a Service European market, covering accounts, cards and credit.”

About Bankable:
https://www.bnkbl.com/
Bankable is a global digital core banking platform and Banking as a Service provider. We help financial institutions, corporates and Fintechs deploy, orchestrate and operate highly differentiated payment solutions with quick time to market.

About Aion Bank
https://aion.eu/
Aion Bank is a full service credit institution incorporated as a public limited liability company under Belgian law - registered seat Rue de la Loi / Wetstraat 34, 1000 Brussels, Belgium.

Aion Bank operates under a Belgian banking licence (BE0403.199.306)

Aion Bank is a subscription-only digital bank that combines the best in technology with the breadth of services and guarantees of a traditional bank. Aion’s unique subscription model gives members access to all-inclusive banking, including a number of money-saving products, very high interest rates on savings accounts and competitive rates for loans for a fixed monthly fee.

Aion Bank is backed by global private equity firm Warburg Pincus LLC and is managed by seasoned international executives with extensive expertise in growing financial institutions.

About Vodeno
https://www.vodeno.com/
Vodeno’s mission is to revolutionise the Financial Services Industry. Combining a modern cloud native ‘360’ platform ecosystem and a team of 150+ individuals with deep banking experience, we are uniquely positioned to realise a ‘true cost’ for successful digital transformation. The VODENO Cloud Platform (VCP) is one of the world’s first and most comprehensive 'Banking as a service 'platforms, enabled in partnership by ECB licensed challenger Aion Bank, to deliver embedded financial services for banks, lenders and merchants regardless of size or sector. Covering all areas of the banking ecosystem, from our 'smart contract enabled' core banking to API driven digitised payments, cards and onboarding services, Vodeno offers the ability to meet the demands of regulation while enabling innovation at speed.