Banking Ledger Software for Neobanks, Ewallets, PSPs

For electronic money institutions (EMI) or payment institutions (PI) like neobanks, payment or money transfer apps, and payment service providers (PSPs), efficient accounting is critical due to stringent compliance and reporting requirements.

SDK.finance ledger software offers a real-time accounting model that provides a breakthrough alternative for processing and accounting your financial transactions.

Banking Ledger Software for Neobanks, Ewallets, PSPs

What is SDK.finance ledger?

The SDK.finance Platform is a ledger layer-based FinTech software serving as the backbone for a range of financial services products. It provides a real-time transaction accounting model founded on the principle of splitting and merging transactions in a dynamic way, as opposed to traditional double-entry, fact-based accounting.

Advantages of the SDK.finance banking ledger over the traditional ledger

Creation of complex business processes

While the traditional general ledger works perfectly well for simple business processes, SDK.finance banking ledger caters to the complex ones that require flexibility, like authorization, rolling of the reserve account, affiliate program, transaction with anti-fraud check, etc.

Business process automation

With SDK.finance ledger you can program business processes by setting rules for automatic calculation, execution, and recording of all technical transactions within the business process flow, such as commission extraction to a system’s commission account, affiliate reward extraction to the affiliate’s technical account, transfer of payment to the merchant’s account, etc.

Real-time transaction execution and accounting

Our accounting model works in real time and ensures that every transaction is executed and recorded immediately, providing access to up-to-date financial information at all times.

Automated accounting

SDK.finance banking ledger automates the manual work traditionally performed by accountants. The system executes and records all transactions according to the previously designed and programmed business processes.

Traditional data available

SDK.finance banking ledger can present accounting data as traditional entries, maintaining compatibility with established accounting practices.

Rewind, rollback, and cancellation of transactions

Unlike traditional accounting systems, SDK.finance allows you to rewind, roll back or cancel initiated transactions at any point in their execution. This gives you flexibility and control over your accounting records.

Instant payouts

With SDK.finance banking ledger, payment service providers can seamlessly facilitate fund transfers to merchant accounts and deduct commissions instantly, enabling merchants to access their funds without delay.

Faster processing

SDK.finance ledger helps reduce the time it takes to complete financial transactions which enhances customer satisfaction and optimizes business operations.

Features out of the box

Serving the customers

Tailored for

Client onboarding

Accounts

Transactions

AML/Anti-fraud capabilities

Built-in CRM

User action history

Tailored for

Individuals (ewallet, neobank, money remittance, currency exchange)

Merchants (payment acceptance via POS or online)

Corporate (neobank for corporate clients) (coming soon)

Client onboarding

Self-registration via email or phone

Flexible survey and document uploading (such as identity, utility bills, etc)

KYC

Automated (via pre-integrated vendors)

Manual (via back-office interface)

Two-factor authentication (2FA)

Accounts

Accounts in any currency

Any digital assets: crypto, points, bonuses, etc.

Ledger for accounting and reflection in the system of any currencies or digital assets

Card issuing (via pre-integrated vendor)

IBANs (via pre-integrated vendor)

ACH (via pre-integrated vendor, coming soon)

Transactions

Top-ups and withdrawals

Payment gateway operations (via pre-integrated vendors)

In-system transfers or payments

In-system currency exchange

External currency exchange (via pre-integrated vendors)

Payment link

QR-payments (coming soon)

Refund and chargeback (coming soon)

AML/Anti-fraud capabilities (coming soon)

Identify suspicious transactions promptly

Obtain the client’s confirmation to exclude fraud

Get a proof of income from a client to be AML-compliant

Freeze/unfreeze customer accounts if necessary

Close the case

Built-in CRM (coming soon)

All customer details and activities in one place

Communication with clients and creating notes

Chats with customers via in-system messaging service

Notes about a customer for future

User action history

Log of system activities by clients and team members

Full details: logins, sessions, actions performed

Valuable for investigation purposes

Monetization and finances

Contracts and vendors

Fees and limits

Reconciliation and settlement

Operations with cash

Contracts and vendors

Vendor terms and conditions input

Creating customer contracts with different sets of commissions and limits

Let customers choose the preferred contract type (e.g. with or without monthly fees)

Fees and limits

Customizable fees for any transaction: %, flat fee, or combination of them

Configuring the fee bearer (sender or receiver)

Transaction limits (per period, amount or number of transactions)

Reconciliation and settlement (coming soon)

Company liabilities reconciliation

Liabilities in front of your clients

Liabilities in front of your vendors

Identifying unmatched transactions and discrepancies

Resolving the detected issues

Clear picture of your company’s gains on top of transactions

Operations with cash

Ability to account any type of cash and manage “cash-desk” operations

Empower your financial product with a real-time accounting model

SDK.finance banking ledger’s robust architecture leverages several key entities to manage transaction accounting operations effectively.

Business Process

Each business process contains a flow, representing the transaction sequence within it.

Flow

Flows dictate the order and execution of transactions. They can be designed to reflect business processes of any complexity.

Transaction

Transactions form the building blocks of flows. They can be split and merged, allowing for flexible and adaptive accounting flows that align with your specific requirements.

Container organization

Our accounting model treats each wallet in the system as a container with properties similar to an object in programming. This enables effective wallet management and control over funds movement.

Seamless scalability

SDK.finance banking ledger provides dynamic scalability, capable of managing over 230 million daily transactions with a robust workload capacity of 2,700 transactions per second (TPS).

This ensures that the Platform can easily support your business growth by handling transaction volumes from 1 thousand to 1 billion or more transactions per month without performance issues.

Ready-to-use integrations

The SDK.finance ledger software comes with pre-integrated providers for key functionalities such as payment acceptance, card issuance and KYC compliance. This streamlined integration process ensures a hassle-free setup of your financial transactions. You can find more information about integrations here.

Build your payment product on top of SDK.finance banking ledger

Let SDK.finance team of financial professionals with 10+ years of experience bring your PayTech product with our Platform.

Accelerated Product deployment.
Ready-made PayTech backend Platform.
Experienced team without hiring headaches
Saved in-house team’s resources

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